Tag: Artificial Intelligence

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...

Dropzone AI, a provider of AI-powered SOC analysts, has raised $37m in a Series B funding round to scale its autonomous cybersecurity solutions.

Faced with rising regulatory scrutiny and ever-growing workloads, internal audit teams within banking institutions are under immense pressure. In 2024, oversight from regulators such as...

It is hard to go a day without the talk of how AI is going to revolutionise the world and today is no different. When it comes to implementing AI, reducing tedious manual workloads and boosting efficiency are two of the most common boons and one area this is perfect for is regulatory compliance.

In today’s evolving financial crime landscape, the insurance sector is facing increasing scrutiny. Long considered a low-risk area, both life and non-life insurance products are now being exploited for money laundering, sanctions evasion, and fraud.

Leaders exploring AI-powered Regulatory Change Management (RCM) solutions face a growing number of complex choices. Supra Appikonda, co-founder and COO at 4CRisk.ai, offers key...