Tag: financial institutions

Hawk, a leading provider of AI-powered AML and fraud prevention technology, has launched a significant upgrade to its fraud detection platform by introducing a library of AI-powered fraud typology models.

In an era of financial uncertainty, banks and institutions are facing rising pressure to adopt more agile and intelligent hedging strategies. As global markets remain volatile, the ability to anticipate and respond to fluctuations in swap rates and interest environments has become critical.

As financial crime grows more complex and voluminous, traditional AML systems are struggling to keep up. In 2023 alone, financial institutions in the US...

The Network of Central Banks and Supervisors for Greening the Financial System (NGFS) has expanded its suite of climate scenario tools with the release...

As artificial intelligence continues to transform industries, financial services firms are facing a familiar dilemma: should they build their own AI solutions or buy...

In a move to fortify Singapore’s anti-financial crime landscape, the Monetary Authority of Singapore (MAS) is introducing sweeping changes to its Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework.

As financial institutions face a growing wave of increasingly sophisticated cyberattacks, the focus is shifting from pure defence to resilience. According to Corlytics, regulatory...

One in every fifty children is now a victim of identity theft each year, according to new findings released by LSEG Risk Intelligence.

Ripping out and replacing anti-money laundering (AML) systems is no longer a practical option for most financial institutions. According to Consilient, deeply embedded legacy...

When financial institutions work together, the results can be transformative. That was the clear takeaway from The Great Fraud Showdown, a webinar co-hosted by...