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The hallucination risk hiding in your compliance stack
In June 2023, New York attorney Steven Schwartz submitted a legal brief citing six cases that simply did not exist. He had used ChatGPT...
The future of smarter KYC with AI and ML
GenAI has become one of the most talked-about technologies of recent years, driven by its ability to handle tasks that once required specialist skills....
How AI Agents are transforming risk and compliance
WorkFusion’s AI Agents are redefining how financial institutions approach complex compliance and operational processes.
According to Workfusion, with a decade of innovation in artificial...
Generative AI fuels surge in document fraud
AI-generated document fraud is becoming one of the most pressing challenges for businesses across industries. The rise of generative AI technologies, including large language...
Bonfy.AI raises $9.5m to secure GenAI content risks
Bonfy.AI, a specialist in adaptive content security for AI and human-generated content, has emerged from stealth mode, aiming to transform how organisations monitor and protect their digital content.
Navigating regulatory challenges amidst shifting global trends
As 2024 progresses, regulators worldwide find themselves increasingly busy, grappling with the dual challenges of an ever-changing geopolitical landscape and the rapid evolution of...
Navigating AI hype: Precision LLMs transforming risk management
In the rapidly evolving sectors of finance and governance, managing risk amidst vast, global networks of individuals and organizations is crucial. Leaders tasked with overseeing institutional risk exposure are increasingly looking towards innovative solutions to balance growth and risk management effectively.
ChatGPT and the quest for factual AI – progress, pitfalls, and...
ChatGPT is taking the world by storm right now. In a recent post, Saifr dug deeper into the topic of chatbots, and the importance of AI factuality.
Software security firm Socket lands $20m in a funding round
Socket, a software supply chain security firm, has successfully grabbed the attention of investors with a recent $20m funding raise.
Revolutionising risk and compliance: How large language models combat financial crimes
There's a revolution happening in the world of technology, and it's making waves in our society. AI Large Language Models (LLM), such as ChatGPT, have dramatically changed our interaction with technology, sparking both intense excitement and lingering fears of an AI uprising.









