Seven pillars of ethical AI: Steering FinTech innovation responsibly
Saifr, a RegTech firm, recently took the time to outline what it sees as the seven elements of ethical AI.
Ellipsis Labs secures $20m for DeFi innovation on Phoenix exchange
Ellipsis Labs, the pioneering force behind the esteemed on-chain Phoenix exchange, has recently secured $20m in Series A funding.
US regulators issue warning to banks on crypto exposure risks
Three US regulators have called on banks to be on their guard against crypto exposure risks in the wake of the FTX collapse.
16 million UK residents unaware of debt risk with BNPL
Approximately 16 million UK residents remain oblivious to the financial risks associated with 'Buy Now Pay Later' (BNPL) services, says research from responsible lender,...
How Position Green’s software transforms EU sustainability reporting
In a recent post by Position Green, the firm outlined how its technology can help to transform sustainability reporting in the EU. The Corporate Sustainability...
Could blockchain reshape AML in wealth & asset management?
In a recent post by Napier, the firm outlined three ways blockchain could reshape AML in wealth and asset management.
German AI platform deepset secures $30m in funding to bolster LLM tech
AI firm deepset, an enterprise platform focused on building applications with LLMs, has successfully raised $30m in a recent round.
Adapting to change: How the UK’s latest money laundering amendments impact PEPs
On January 10, 2024, a pivotal shift in the UK's regulatory framework will unfold as the Money Laundering and Terrorist Financing (Amendment) Regulations 2023...
UK banking licence eludes Revolut amidst financial scrutiny and executive exodus
The Bank of England is reportedly on the brink of dismissing Revolut's persistent bid for a UK banking licence
78% of Europe’s top financial institutions faced third-party breaches
SecurityScorecard's latest research, centred on the looming Digital Operational Resilience Act (DORA) compliance deadline of January 2025, reveals a disturbing level of third-party and fourth-party cybersecurity breaches among Europe's largest financial institutions.