Tag: AI

The latest research conducted by the Bank of England and the Financial Conduct Authority (FCA) highlights a significant leap in the adoption of AI within the UK Financial Services sector.

In the rapidly advancing field of artificial intelligence, the focus is increasingly on the harmonisation of two distinct cognitive functions: rapid intuition and deep analytical reasoning.

VISO TRUST, a leader in AI-powered third-party risk management, has announced the successful closure of a $7m funding round.

Twine, an emerging cybersecurity firm from Tel Aviv, has made headlines by securing $12m in seed funding.

As sustainability reporting becomes more demanding, companies face significant challenges in gathering, organising, and producing reports.

As artificial intelligence (AI) continues to advance, its role in financial crime prevention is growing, with organisations now considering AI as a foundational element in their risk management strategies.

Less than 1% of actual illicit transactions are detected globally. This startling statistic exposes the vulnerabilities of financial firms to increasingly sophisticated criminal networks,...

Bugcrowd, a pioneer in crowdsourced cybersecurity solutions, has secured a significant $50m growth capital facility from Silicon Valley Bank (SVB), a division of First Citizens Bank.

Noma, an application security landscape firm, has exited stealth mode with a substantial $32m in Series A funding.

Sanctions screening and adverse media screening are critical components of the risk management strategies employed by banks and other financial institutions.