Tag: data quality

As insurers face growing pressure to meet rising customer expectations, the rush to adopt generative AI (GenAI) tools is putting accuracy at risk, according to M-Files.

Aligning environmental, social, and governance (ESG) data with the expectations of investors and regulators presents a significant challenge.

Global Screening Services (GSS), a prominent RegTech innovator, has published its 2024/2025 Sanctions Survey, revealing key insights into how financial institutions are adapting to the evolving sanctions landscape.

Sanctions screening is an integral aspect of AML practices, ensuring organisations do not inadvertently engage with entities or individuals subject to international or national sanctions, thereby avoiding facilitating unlawful activities.

Cherre, a prominent real estate data management and intelligence platform, recently announced a successful completion of a $30m Series C funding round.

In today's rapidly evolving digital world, the fight against financial crime networks demands both vigilance and innovation.

Lucinity, an AI software company focusing on financial crime operations, has entered into a strategic partnership with Knights Analytics, a leader in AI-driven data solutions.

LGT, the international private bank of the Princely House of Liechtenstein, in collaboration with Avaloq and Synpulse8, has introduced the OpenWealth API standard to enhance its business with financial intermediaries.

The buzz surrounding Artificial Intelligence (AI) often heralds it as a panacea for all modern problems. Yet, the reality is more nuanced, as the effectiveness of AI heavily relies on the quality and readiness of the data it processes.

The financial services industry is undergoing a transformation driven by artificial intelligence (AI) technologies, particularly machine learning (ML). These advancements are significantly enhancing anti-money laundering (AML), counter-financing of terrorism (CFT), and sanctions screening as part of customer lifecycle management (CLM).