Tag: Risk Management

AI has quickly become the default response to almost every challenge in financial crime compliance. Whether teams are facing overwhelming volumes of alerts, rigid screening...

Hummingbird, a provider of financial crime solutions, has launched a unified risk and compliance platform, unveiling new offerings designed to help financial institutions strengthen...

The Wolfsberg Group has published its latest statement on monitoring for suspicious activity, reinforcing its call for banks to move away from outdated detection...

As cloud adoption accelerates in the financial services sector, organisations in banking, asset management, and insurance are grappling with the delicate balance between innovation...

Global financial institutions are under mounting pressure as regulations evolve, supervisory scrutiny intensifies, and financial crime threats become more sophisticated. With new regulatory bodies spanning...

The cyber threat landscape is shifting at an unprecedented pace. No longer confined to opportunistic attacks, cyber criminals are now deploying generative AI tools...

Singapore is stepping up its efforts to integrate artificial intelligence into the financial sector with Project MindForge, a collaborative initiative announced in June 2023. The...

Compliance teams in financial services are under unprecedented strain. The explosion in digital communications—from emails to chat apps—has pushed the volume of data requiring...

Across banks and FinTechs in Europe, there is broad agreement on the importance of intelligence sharing to combat financial crime. Yet despite this consensus,...

Artificial intelligence has rapidly transformed banking operations, playing a key role in tasks such as transaction screening, monitoring, and customer due diligence. Yet as AI adoption accelerates, regulators worldwide are tightening expectations on how banks deploy, govern, and oversee these systems.