Enhancing onboarding: The strategic edge in bank customer due diligence
In the competitive landscape of banking, customer onboarding emerges as a pivotal phase, with customer due diligence standing at its core. When managed poorly, the onboarding process can deter potential clients, causing banks to miss out on new revenue streams. Conversely, hasty or inaccurate due diligence could lead to the acquisition of customers who pose commercial and reputational risks, potentially incurring hefty regulatory fines.
Kooperativa partners with Resistant AI to revolutionise fraud detection in insurance claims
Kooperativa, a leading insurer part of the Vienna Insurance Group, has embraced Resistant AI's Document Forensics technology to combat fraudulent insurance claims.
EBA seeks input on hedge standards for banking sector
The European Banking Authority (EBA) has initiated a public consultation regarding its draft Regulatory Technical Standards (RTS) focused on the criteria for identifying hedging...
ESMA calls for new voices in European Capital Markets
The European Securities and Markets Authority (ESMA), the regulator and supervisor for the EU's financial markets, is currently on the lookout for new members to join its Securities Markets Stakeholder Group (SMSG).
Automating endpoint security: NinjaOne raises $231.5m in its Series C
NinjaOne, a forefront player in the IT management sector known for its endpoint management, security, and visibility solutions, has successfully secured a $231.5m Series C funding.
New threat intelligence report reveals 704% increase in face swap attacks
There has been a staggering 704% increase in face swap attacks, a form of deepfake, from the first half (H1) to the second half...
Napier Continuum now available as plug-and-play hosted service
Napier, the London-based global financial crime compliance RegTech, is excited to unveil two new service offerings for its award-winning Anti Money Laundering (AML) platform,...
MyComplianceOffice announces Conor O’Kane as new CIO
MyComplianceOffice (MCO), a provider of integrated compliance management software, has appointed Conor O’Kane as its new Chief Information Officer (CIO).
O’Kane joins the company with...
How Theta Lake empowers firms to maximise value from modern communication tools
A recent study from Theta Lake, a pioneer in digital communications governance, found that 69% of IT and compliance professionals expect the use of unified communication and collaboration (UCC) tools to increase in 2024. With firms using an average of 4.6 communication and collaboration tools, it is evident that UCC tools have become an embedded and essential part of modern business, but firms must ensure they are compliantly getting the full value of these tools.
Duco enhances data automation capabilities with strategic acquisition of Metamaze
Duco, the leading SaaS provider of AI-powered data automation, has recently completed the strategic acquisition of Metamaze, a fast-emerging name in the unstructured data ingestion and Intelligent Document Processing (IDP) space.
