Tag: Machine Learning

In today's rapidly evolving digital world, the fight against financial crime networks demands both vigilance and innovation.

Galileo Financial Technologies, a subsidiary of SoFi Technologies, has introduced Galileo Instant Verification Engine (GIVE) and Transaction Risk GScore, coming as a response to the increasing need for advanced security measures in financial transactions.

Graceview, a pioneering legal generative AI company, recently announced the successful closure of a $1.5m funding round.

The Wolfsberg Group describes sanctions screening as a crucial method for detecting, preventing, and disrupting financial crimes, including sanctions risks.

Halcyon, a pioneering anti-ransomware firm, has recently secured strategic funding from Cisco Investments.

Corlytics, a prominent global player in regulatory intelligence and policy compliance technology, has significantly strengthened its leadership team with the addition of three key senior appointments.

With regulatory fines for inadequate eComms surveillance soaring in 2024, eflow Global has introduced an upgraded version of its AI-driven platform, TZEC.

Ohalo, a London-based company specialising in unstructured data intelligence, has announced a new injection of £2.8m in growth capital from YFM Equity Partners.

The 2024 1LoD Surveillance Benchmarking Survey & Report, featuring insights from over 30 leading global banks, has highlighted the pressing need for banks to update their call surveillance practices. Sponsored by Wordwatch, the report outlines the operational and financial risks associated with maintaining multiple legacy systems.

In today's financial landscape, AML transaction monitoring is key for protecting the integrity of financial institutions and the global financial system.