Tag: Financial Services

Capgemini has launched a first-of-its-kind pKYC sandbox, aimed at helping financial institutions adopt a real-time, continuous compliance framework. The new solution addresses the challenges associated...

Artificial intelligence is no longer a future prospect for financial services; it is a present reality, evolving quickly and reshaping the compliance landscape. From enhancing risk detection to improving operational efficiency, AI offers immense potential. However, its rapid adoption also brings fresh regulatory questions, new risks, and ethical challenges.

Regulatory change is nothing new in the banking and financial services world. However, under the Trump administration, the pace of deregulation has accelerated sharply,...

Independent software vendors (ISVs) aiming to expand into highly regulated industries such as financial services, healthcare, and the public sector often face a significant...

Since its official launch in July 2023, the Financial Conduct Authority’s (FCA) Consumer Duty has become a cornerstone of UK financial services regulation. Designed...

Traditional KYC processes are increasingly struggling to keep pace with the demands of modern financial services. However, the rise of AI and ML is reshaping how compliance teams operate, delivering faster, more accurate, and more scalable solutions.

Hana Financial Group, a leading South Korean financial services conglomerate, has launched a centralised ESG data management system designed to enhance sustainability reporting and compliance across its subsidiaries.

ACA Group, a leading GRC advisor in financial services, has acquired Global Trading Analytics, an independent provider of TCA services, in a move to bolster its regulatory technology capabilities and enhance compliance support for clients.

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.

SandboxAQ, a leader in enterprise quantitative AI, has successfully completed its Series E funding round, raising over $450m.