Tag: Financial Services

Firms regulated by the SEC or FCA must treat regulatory examinations and supervisory visits as part of their business-as-usual operations. While SEC exams are...

A major Australian bank serving around one million customers across Australia and New Zealand has successfully tackled longstanding inefficiencies in its anti-money laundering (AML) operations by adopting SymphonyAI's technology.

Abacus Group, a global provider of IT and cybersecurity services tailored to the financial services sector, has announced its acquisition of Chicago-based MSSP and MSP Entara.

Traditional retail banks are under pressure as FinTechs and neobanks continue to draw customers away with faster, more intuitive digital services. Built on flexible,...

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

KYC Portal has rolled out a major enhancement to its Corporate Source Register (CSR) module, introducing advanced features that enable real-time legal entity monitoring, dynamic corporate structure visualisation, and seamless third-party data integration.

Westpac has launched a new AI-powered call assistant designed to help frontline staff detect scams in real-time during customer calls. The development of this AI tool...

In the wake of a recent cyberattack targeting a popular third-party messaging tool, the compliance world is facing a renewed call for scrutiny. According...

Agentic AI automation is quickly emerging as a transformative force in financial services, particularly in the fight against financial crime. This new wave of AI technology, also referred to as agentic process automation (APA), is gaining traction as firms seek more intelligent and adaptive tools to strengthen compliance frameworks.

Sanctions compliance is becoming increasingly complex, driven by rising geopolitical tensions, a surge in regulatory demands, and the growing number of sanctioned individuals and entities.