Resistant AI, a company founded in 2019, employs machine learning techniques to safeguard financial services from fraud,
Unlocking the potential for commercial success, dynamic financial crime risk assessments offer a multitude of benefits for financial institutions. Acuminor, a RegTech company explained that these benefits serve to bolster the financial health, stability, and long-term growth of these institutions.
As cryptocurrencies become increasingly popular, the risk of scams targeting investors has grown. In response, Commonwealth Bank (CBA) has launched new safety measures aimed at safeguarding its customers. The bank will now impose restrictions, delays, and limits on certain payments to cryptocurrency exchanges.
The concept of FRAML, the integration of Fraud and Anti-Money Laundering (AML), is radically altering the outlook of risk management and compliance in the financial sector. A recent webinar, led by the Electronic Transactions Association (ETA) and sponsored by Hawk AI, engaged a panel of Fraud and AML professionals to dissect the benefits and hurdles of FRAML.
The EBA has published its 8th annual consumer trends report that summarised trends in the consumer protection space.
A report by NICE Actimize has found that the rise of banking fraud is a growing concern for financial institutions and consumers alike.
The development of tech in recent decades has seen us move from personal computers to the metaverse in a fairly short time frame.
Fiserv, a global provider of payments and financial technology solutions, has introduced a new fraud mitigation offering.
UK financial services organisations are collectively spending £32.4bn each year on financial crime compliance (FCC), according to a report from LexisNexis Risk Solutions.
Resistant AI, a fraud and financial crime prevention services provider, has made its Document Forensics solution available on Google Cloud Marketplace.