SymphonyAI helps Spanish bank transform sanctions screening
One of Spain's ten largest banks has achieved a 91.8% reduction in false positives across transaction and customer screening after deploying SymphonyAI's AI-powered compliance...
Which countries are winning the AI fight against money laundering?
The scale of global money laundering remains staggering, but new data suggests artificial intelligence could be the turning point financial institutions have been waiting...
AML risks surge in healthcare payments
Healthcare payments are rapidly emerging as a new battleground in the fight against financial crime. Traditionally viewed as systems vulnerable to billing fraud or...
Reducing false positives in AI risk detection
AI-enabled supervision is often marketed with bold promises of “99% accuracy” or near-total false positive reduction. In a previous instalment of this series, the...
Aryze selects Muinmos for KYC and KYB automation
Danish FinTech Aryze has partnered with Muinmos to reinforce its compliance framework as it accelerates international expansion.
The collaboration is designed to strengthen Aryze’s compliance...
How NFC is transforming AML compliance
Near Field Communication, better known as NFC, is most commonly linked to contactless payments. Yet as financial crime grows more sophisticated, this technology is...
Katharine Braddick to lead PRA as deputy governor
The Bank of England has appointed Katharine Braddick CB as the next deputy governor for prudential regulation and CEO of the PRA succeeding Sam...
Cutting off-channel risk in insurance compliance
Regulators are tightening expectations around communications governance, and insurers are feeling the pressure. Supervisors increasingly require firms to demonstrate complete data capture and rapid...
Board accountability in financial crime governance
Boards are facing a fundamental reset in how regulators assess financial crime governance. Across jurisdictions, supervisory expectations have hardened. Directors are no longer seen...
Europe and UK chart new course for digital asset regulation
Europe's regulatory landscape for digital assets is undergoing a significant shift, with two major updates from Luxembourg and the United Kingdom signalling that digital...
