Risk Management

In 2023, new technologies entered the market that brought new challenges for financial services firms to remain compliant, RegTech was given the opportunity to provide the solutions necessary to fix this issue. Whilst the industry may be still relatively unknown beyond the shores of finance, its importance cannot be understated.  

Behavox, an AI-driven compliance solutions firm, has partnered with BNY Mellon to enhance the latter's compliance program.

Orange Business, a leader in global network connectivity and digital integration and Custodia Technology have partnered.

An IDC InfoBrief, sponsored by Mitek, highlights trends in consumer satisfaction and the ongoing battle against AI-generated fraud.

The UK has recently taken a step in combatting economic crime with the enactment of the Economic Crime and Corporate Transparency bill.

With the financial technology space undergoing a fast-paced revolution, growing adjacent to this are the challenges and opportunities for regulatory requirements.

A technology currently firmly having its moment in the sun is artificial intelligence. With the GenerativeAI platform ChatGPT taking the world by storm earlier this year, many onlookers are excited to see what comes next. The role of AI is evolving rapidly, and what is proving able to achieve.

Commonwealth Bank has embarked on a partnership with Vodafone which aims to bolster defenses against the threat of SMS scams.

Napier has partnered with KYC Portal to provide financial institutions with an end-to-end compliance solution.

Legal Entity Identifier (LEI) Worldwide recently took the opportunity to discuss its LEI and Global LEI System (GLEIS) in greater detail.