Tag: AI governance

Unbound, a cybersecurity startup helping enterprises safely adopt generative AI tools, has raised $4m in an oversubscribed seed round.

Corlytics has become the first dedicated RegTech company to achieve ISO/IEC 42001:2023 certification, marking a major milestone in AI governance for the financial technology sector.

AuditBoard has announced the launch of a new AI governance solution aimed at helping organisations accelerate AI risk management and promote responsible innovation.

Norm Ai has unveiled the formation of two influential advisory boards designed to guide the ethical and effective deployment of AI agents in highly...

In today’s rapidly shifting regulatory landscape, firms are under mounting pressure to shift from reactive to proactive compliance. The days of treating compliance as a tick-box exercise are over. Increasingly, enforcement agencies demand that firms embed compliance into the fabric of operations—making traceability and connected controls central to staying ahead of risk and regulation.

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...

The landscape of compliance is evolving rapidly, and gone are the days when compliance officers solely relied on manual processes and traditional methods. Artificial intelligence (AI) is redefining the field, offering significant advancements in efficiency and automation, alongside introducing new complexities and regulatory concerns.

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

The Financial Conduct Authority (FCA) has been actively working to promote safe and responsible AI adoption in the UK financial sector. Last year, it published its AI Update to encourage outcomes-focused AI models. To further this initiative, the FCA recently launched its AI Lab, a collaborative platform for firms, stakeholders, and regulators to discuss AI use cases, share insights, and foster innovation while ensuring compliance.

Prompt Security, a pioneering firm in GenAI security, announced today that it has successfully secured $18 million in Series A funding. The round was...