Tag: Artificial Intelligence

Artificial intelligence has firmly embedded itself in financial services, transforming compliance functions in ways unimaginable a decade ago. It promises smarter risk detection, operational efficiency, and faster insights. But with these opportunities come new regulatory challenges, ethical concerns, and the growing threat of AI-powered crime.

The UK FCA is preparing to roll out a new live testing service for AI, designed to help financial firms deploy AI tools in...

Artificial intelligence (AI) is having a profound impact on insurance underwriting, transforming long-established processes and significantly improving insurers’ capabilities. From improving risk assessment to...

Exaforce, a cybersecurity and AI company specialising in agentic solutions for enterprise SOC environments, has raised $75m in Series A funding.

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.

AuditBoard and EY have expanded their alliance to bolster risk management services across the UK and Ireland.

Ualá, a prominent Latin American neobank providing digital financial services across the region, has expanded its Series E funding round with an additional $66m, bringing the total raised in the round to $366m.

Commonwealth Bank of Australia has announced an expanded partnership with Anthropic, a company specialising in AI safety and research. This collaboration aims to leverage...

Investment advisers with a 31 December fiscal year-end are in the midst of updating their Form ADV, with a deadline set for 31 March 2025.

Outmarket AI, a newly launched intelligence platform designed to transform the commercial insurance sector, has raised $4.7m in a seed funding round.