Tag: AI adoption

Noma Security, a fast-growing cybersecurity company specialising in AI and agent security, has raised $100m in a Series B funding round. The latest round was...

A new survey from Smarsh has found that while AI tools are rapidly being adopted in UK financial services, many employees remain concerned about oversight and compliance.

As artificial intelligence continues to transform industries, financial services firms are facing a familiar dilemma: should they build their own AI solutions or buy...

Adopting a new AI tool can feel like a breakthrough—until it isn’t. Many companies are lured in by smooth demos and big promises, only to discover that the software doesn’t deliver. Features may be missing, usability may be poor, or worse, the tool may generate inaccurate or unreliable results.

Despite significant industry buzz around artificial intelligence, Nordic companies remain hesitant to fully embrace its potential. According to a new study by Tietoevry Create, only 17% of IT decision-makers in Finland and Sweden believe AI is currently making a significant commercial impact.

While the integration of artificial intelligence (AI) in anti-money laundering (AML) processes promises enhanced efficiency, the assumption that AI lacks bias because it isn't...

As 2025 unfolds, financial institutions face an evolving array of challenges. The recent Executive Perspectives on Top Risks Study conducted by Protiviti and NC State University, which garnered insights from over 1,200 board members and executives, sheds light on the primary concerns encompassing financial crime compliance, AI integration, and increasing regulatory oversight.

600 senior compliance leaders from financial services and fintech firms shared insights on AI adoption in financial crime prevention 91% of firms are...

359 senior insurance professionals were surveyed, managing over $13tn in assets on their balance sheets Only 20% of respondents haven’t considered AI, whereas...

SurePath AI, a pioneering company in the governance of GenAI for enterprises, has announced a substantial $5.2m in seed funding.