Tag: AI governance

Financial services companies are rushing to integrate artificial intelligence (AI) into their operations, but many are doing so without adequate governance frameworks or testing procedures.

The ASIC has released its inaugural report on the use and adoption of AI by financial services and credit licensees. The report underscores a pressing...

As the digital era advances, businesses worldwide are increasingly integrating artificial intelligence (AI) into their core operations.

Relyance AI, a leader in AI-powered data governance, announced a significant $32.1m Series B funding round led by Thomvest Ventures, with substantial contributions from M12, Microsoft Ventures Fund.

Money laundering continues to pose a significant threat across the Asia Pacific region, with sophisticated tactics challenging financial institutions. As technological advancements emerge, so too do the strategies of those intent on manipulating financial systems. In response, both regulatory bodies and financial institutions are developing innovative approaches to counter these threats.

Credo AI, a pioneering firm in AI governance software, has successfully secured a €19.4m investment. According to EU Startups, this financial infusion comes from a...

Zendata, an AI governance and data privacy solutions provider, has emerged from stealth mode with a significant boost of $2 million in seed funding.

Transcend, a next-generation data privacy platform, has announced the successful raising of $40m in Series B funding.

LightBeam.ai, a trailblazer in zero trust data protection, has raised $17.8m in an oversubscribed Series A funding round.

Key UK AI FinTech investment stats in H1 2023: • UK AI FinTech deal activity reached nine deals in H1 2023, a 57% drop YoY •...