Tag: banking technology

ThetaRay, a global provider of Cognitive AI for financial crime compliance, has appointed Brad Levy as its new CEO. ThetaRay develops advanced Cognitive AI technology...

Although paper checks are steadily declining as consumers and businesses adopt faster digital payments, check fraud remains a persistent and costly problem. In 2024, checks...

Banks are preparing for a significant uplift in artificial intelligence investment as they look ahead to 2026, with compliance and risk functions emerging as...

Banks operate in one of the most heavily regulated environments globally, with compliance teams under growing pressure to keep pace with regulatory change, supervisory...

Banking regulation and the design of financial technology have been identified as key factors enabling economic abuse, according to new academic research that urges...

AI adoption across financial crime and compliance functions is accelerating, moving rapidly from experimentation to operational necessity. Hawk partnered with Chartis to survey 250 banks,...

Financial institutions are rethinking how they approach compliance, moving away from outdated manual processes and reactive oversight towards AI-powered intelligence and agility. As regulatory demands...

A consent order can transform a financial institution’s entire compliance structure overnight. These formal regulatory actions demand swift remediation, greater accountability, and improved oversight—often following...

AI is rapidly reshaping the financial services landscape, and few areas illustrate this transformation better than financial crime compliance. The adoption of artificial intelligence...

In financial services, the decision between adopting Software as a Service (SaaS) or relying on traditional on-premise deployments has become increasingly significant.