Tag: Artificial Intelligence

In the fight against financial crime, two tools stand out as critical to anti-money laundering (AML) strategies: transaction screening and transaction monitoring. While often...

Databricks, the San Francisco-headquartered Data and AI company, has confirmed it is raising a Series K investment round that values the firm at more than $100bn.

The AI-native gold rush is underway, setting the stage for a new wave of companies to outpace both established giants and today’s most successful...

The UK Home Office has released detailed guidance on the new offence of failure to prevent fraud (FTPF), which was introduced through the Economic...

The Financial Markets Authority (FMA) has outlined its future priorities for New Zealand’s financial services regulation, placing emphasis on fostering innovation, strengthening market confidence,...

AI myths in financial crime compliance are beginning to crumble as organisations embrace the reality of human-AI collaboration. A recent thought leadership paper by...

OLarry, an AI-powered tax advisory firm catering to high-net-worth individuals and businesses, has announced the close of a $10m Series A funding round. The round...

The European Banking Authority (EBA) has raised concerns over growing money laundering and terrorist financing (ML/TF) risks across the EU’s financial sector, fuelled by...

Artificial intelligence is fast becoming the backbone of modern wealth management, helping financial advisors and relationship managers balance personal touch with powerful data-driven insights. Tasks...

As financial institutions grapple with increasingly complex geopolitical risks, sanctions enforcement is rapidly entering a new era. According to Quantifind, at the recent Sanctions...