Tag: Banking

The Prudential Regulation Authority (PRA), the UK body responsible for supervising banks, insurers and credit unions, has put forward plans to tie 128 regulatory...

Geopolitics has become a permanent fixture of the risk landscape, but new research from Prometeia suggests that the conflicts dominating headlines are not always...

As financial institutions lean more heavily on AI to support compliance decisions, a pressing question is emerging: can they prove how those decisions were...

When banks fail to stop money laundering, fraud or sanctions evasion, the coverage usually centres on penalties, technology gaps and broken processes. What rarely...

ElevenLabs, the AI voice and conversational agent developer, has reached a $22bn valuation after completing a $300m employee tender offer, as banks, insurers and...

Finastra, the financial services software provider, has revealed that BDO Unibank, one of the largest universal banks in the Philippines, has upgraded its payments...

Banks and financial institutions are rushing to layer AI onto compliance operations that were never built to support it, according to identity verification and...

DBS, the Singapore-headquartered bank with a leading wealth franchise, has agreed a memorandum of understanding (MoU) with wealth management technology provider Avaloq to broaden...

Regulatory reporting is becoming a major testing ground for artificial intelligence, but financial institutions are struggling to move beyond experimentation. New research from Regnology, a...

Financial crime investigators are employed to investigate. In practice, much of their working day goes on something else: trawling through systems, gathering data, compiling...