Tag: explainable AI

Payment fraud has become one of the toughest challenges facing financial institutions. Attack volumes are rising, criminals are using increasingly sophisticated methods, and the...

WorkFusion is redefining how organisations in regulated industries deploy artificial intelligence with a unique approach to AI Agents—designed from the ground up to be...

Generative AI has fast become a major talking point across the financial sector, but as financial firms shift from small pilots to large-scale deployment, the spotlight is on how this powerful technology can be embedded responsibly into anti-financial crime frameworks.

Temenos has unveiled what it claims to be the first Responsible Generative AI tools specifically developed for the core banking sector. The company launched the...

600 senior compliance leaders from financial services and fintech firms shared insights on AI adoption in financial crime prevention 91% of firms are...

Financial institutions are grappling with increasingly sophisticated financial crimes, ranging from money laundering to sanctions evasion.

AI-enhanced KYB is now revolutionising the traditional, often manual due diligence methods seen in the industry RegTech firm RelyComply has recently discussed. 

AI is increasingly becoming a focal point of discussion, particularly in how compliance departments within financial institutions prepare to adopt AI technologies for client screening and align with necessary regulatory standards.

Deeploy, a company with a mission to make AI explainable, accountable, and trustworthy, has announced an impressive financial boost.

A familiar predicament haunts the global payments landscape: can financial institutions outgrow their compliance issues without stretching resources to the breaking point? Scaling staff often means soaring costs and growing complexity. RegTech company Hawk AI has outlined how it helped an payment processor improve their operations.