Tag: Data privacy

AI in insurance market is expected to grow from $8.13bn in 2024 to $141.44bn by 2034, driven by investments in AI-powered risk assessment...

The implementation of the 6AMLD on June 3, 2021, marked a significant escalation in the accountability of financial institutions across European Member States.

The growing adoption of artificial intelligence (AI) in governance, risk, and compliance (GRC) programs is reshaping how organisations manage regulatory requirements. Specialised language models (SLMs) are emerging as a more secure and efficient alternative to large language models (LLMs) like ChatGPT and Gemini Pro, addressing critical concerns related to data privacy, accuracy, and control.

The landscape of financial crime risk assessment is poised for a transformative shift as we approach 2025 and beyond, driven by advancements in technology and changes in regulatory environments.

The FATF has placed significant emphasis on the revision of Recommendation 16, known as the "Travel Rule," in response to the evolving landscape of payment technologies.

ID.me has announced the successful closure of a $67m secondary tender investment, bolstered by new investor Ribbit Capital and existing stakeholders Viking Global Investors and CapitalG.

Navigating the complexities of regulatory compliance is a fundamental aspect of business management, crucial for avoiding fines.

Prompt Security, a pioneering firm in GenAI security, announced today that it has successfully secured $18 million in Series A funding. The round was...

Key Global RegTech investment stats in Q3 2024: Global RegTech funding halved in Q3 QoQ UK leaps to the top of the pack as...

Relyance AI, a leader in AI-powered data governance, announced a significant $32.1m Series B funding round led by Thomvest Ventures, with substantial contributions from M12, Microsoft Ventures Fund.