Tag: Data privacy

Imagine planning your next holiday. You order a ride-hailing service to the airport, check into a cosy home rented via a short-term rental platform,...

Customer Risk Ratings (CRRs) have long been integral to anti-money laundering and counter-terrorist financing (AML/CFT) frameworks.

Responsible AI encompasses the ethical development and application of artificial intelligence, prioritizing transparency, fairness, and legality across its operations. For the financial sector, this means deploying AI technologies that are not only efficient but also equitable and devoid of biases, ensuring that individual rights are respected throughout their lifecycle.

BlackCloak, a cybersecurity company which specialises in protecting high-profile individuals and executives from digital threats, has received an investment from The LegalTech Fund.

The landscape of compliance is evolving rapidly, and gone are the days when compliance officers solely relied on manual processes and traditional methods. Artificial intelligence (AI) is redefining the field, offering significant advancements in efficiency and automation, alongside introducing new complexities and regulatory concerns.

As 2025 unfolds, financial institutions face an evolving array of challenges. The recent Executive Perspectives on Top Risks Study conducted by Protiviti and NC State University, which garnered insights from over 1,200 board members and executives, sheds light on the primary concerns encompassing financial crime compliance, AI integration, and increasing regulatory oversight.

In the US, KYB is not just a regulatory requirement but a fundamental practice critical for maintaining the integrity of financial operations and fostering trust within the business ecosystem.

The growing adoption of artificial intelligence (AI) in governance, risk, and compliance (GRC) programs is reshaping how organisations manage regulatory requirements. Specialised language models...

The FATF has placed significant emphasis on the revision of Recommendation 16, known as the "Travel Rule," in response to the evolving landscape of payment technologies.

ID.me has announced the successful closure of a $67m secondary tender investment, bolstered by new investor Ribbit Capital and existing stakeholders Viking Global Investors and CapitalG.