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Why better data matters for financial crime compliance
Risk screening solutions from providers such as LexisNexis, Thomson Reuters and LSEG play a central role in helping bank compliance teams verify customer identities...
How FINRA is reshaping compliance with GenAI
FINRA has stepped up its modernisation efforts this year through FINRA Forward, a programme designed to strengthen the organisation’s regulatory effectiveness in an era...
Norm Ai lands $50m as Blackstone backs AI law push
Norm Ai, the legal and compliance AI firm, has secured a fresh round of investment at $50m to expands its work with Blackstone and...
Zeidler adds Swiss funds to compliance review tool
Zeidler Group, the technology-led law firm and compliance solutions provider for the global investment funds industry, has unveiled a significant update to its Marketing...
Why simplicity wins in AI and software design
In the fast-evolving world of technology, simplicity often outperforms complexity. This is a lesson that applies as much to software engineering and AI as...
How AI is transforming AML operations forever
For decades, false positives have been seen as one of the biggest challenges in AML. Technology vendors and compliance teams alike have focused on...
Wolfsberg calls for smarter suspicious activity monitoring
The Wolfsberg Group has published its latest statement on monitoring for suspicious activity, reinforcing its call for banks to move away from outdated detection...
How AI is revolutionising document management
Document classification has become a vital component of modern document management systems, evolving far beyond manual sorting or basic automation.
At its core, document classification...
Why AI name-matching is key to KYC and KYB accuracy
Accurately identifying individuals is at the heart of every robust KYC (Know Your Customer) and KYB (Know Your Business) programme. For firms operating in...
AI in financial crime compliance: Napier AI weighs in on FCA’s...
The Financial Conduct Authority (FCA) has been actively working to promote safe and responsible AI adoption in the UK financial sector. Last year, it published its AI Update to encourage outcomes-focused AI models. To further this initiative, the FCA recently launched its AI Lab, a collaborative platform for firms, stakeholders, and regulators to discuss AI use cases, share insights, and foster innovation while ensuring compliance.
