Tag: AI adoption

How synthetic data and diverse teams can transform AML compliance with...

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...

How financial institutions can tackle top risks in 2025 with AI...

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.

91% of respondents have adopted AI in prioritising transaction monitoring alerts

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

Only 20% of insurance execs are not considering AI for their...

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 raises $5.2m to enhance GenAI governance for businesses

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

BlueFlame AI unveils no-code gen AI solution to transform alternative investment...

BlueFlame AI, a front-runner in generative artificial intelligence (Gen AI) solutions for alternative investment managers, announced today the debut of its no-code workflow automation tool, Blueprints.

Aim Security, pioneering GenAI security, raises $18m in Series A

Aim Security, a leader in GenAI security solutions, announced today that it has secured $18m in Series A funding.

BBVA enhances productivity with strategic OpenAI partnership

After years at the forefront of artificial intelligence (AI)-based research and projects, BBVA has taken another significant step forward in the use of generative AI in its main markets.

71% of Investment management firms already use AI in their investment...

A recent report conducted by Mercer in December 2023 – January 2024 surveyed 150 asset management managers from various asset classes. The survey focused...

75% of business leaders are “comfortable” incorporating AI into customer-facing strategies

75% of key decision-makers in the healthcare, insurance, and financial services industries are now "comfortable" incorporating AI and automation into customer-facing strategies or communications, according to research from Customer Experience Automation™ (CXA) pioneer Ushur.

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