Tag: AI

When it comes to developing a successful AI model, one of the most vital aspects of this process is refining and adaption.  

Amidst growing acknowledgment of AI's prowess in uncovering fraud and financial crime, there remains a gap between those financial institutions (FIs) recognising its potential and those implementing it.

Silicon Valley AI company OpenEnvoy, which has developed an industry-leading solution for accounts payable (AP) automation, has announced raising $15m in a Series A funding round.

Osavul, a Ukrainian information security company, announced that it had successfully raised $1m in a funding round led by SMRK, a Ukrainian venture capital fund.

Fraud prevention innovator, Moonsense, recently announced that they have raised $4.2m in seed funding to support the general availability of their user behavioral and network intelligence solution. The platform aims to help organizations future-proof their fraud detection and prevention efforts.

Artificial Intelligence (AI) has become a pivotal force in the retail sector, offering an innovative solution to the daunting challenge faced by retailers. Scanbot...

Flagright has teamed with OpenAI to introduce Flagright AI, an AI suite to provide AML compliance and fraud prevention capabilities.

Trustible, a software firm that helps companies speed up responsible AI governance, has arisen out of stealth with $1.6m.

With Consumer Duty coming into law this year, with 31 July being the date it officially comes into force - how can firms ensure compliance?

In a time where AI is revolutionising industry after industry, the increasing need to automate compliance is becoming more sought after.