Tag: Generative AI
Bitsight acquires Cybersixgill in $115m deal to enhance cyber threat intelligence
Bitsight, a global leader in cyber risk management, has announced its $115m acquisition of Cybersixgill, a prominent cyber threat intelligence (CTI) provider. This strategic move...
FinCEN issues alert on deepfake fraud schemes targeting financial institutions
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a critical alert to assist financial institutions in identifying and addressing fraud schemes involving deepfake media created with generative AI (GenAI) tools.
How AI is shaping the future of financial crime prevention strategies
As artificial intelligence (AI) continues to advance, its role in financial crime prevention is growing, with organisations now considering AI as a foundational element in their risk management strategies.
How artificial intelligence is transforming wealth management
Artificial Intelligence (AI) is rapidly reshaping the landscape of wealth and asset management, offering innovative solutions that significantly alter how high-net-worth individuals manage their finances.
VCI Global accelerates AI cloud expansion with $30m from Alumni Capital
VCI Global, a Nasdaq-listed leader in AI cloud computing solutions, has secured a substantial $30m investment from Alumni Capital LP. This marks a significant reinforcement...
Harmonic Security secures $17.5m in Series A to transform data protection
Harmonic Security, a pioneering cybersecurity firm, has successfully completed a Series A funding round, securing $17.5m. This significant financial milestone was led by Next47, a...
How Theta Lake is revolutionising compliance search with unified search, discovery,...
Responding to governance events such as audits, investigations, and e-discovery has become increasingly complex with the adoption of unified communications and collaboration (UCC) technologies.
Datamaran secures $33m from Morgan Stanley to bolster its ESG software...
Datamaran, a pioneer in strategic ESG software, has secured $33m in Series-C funding from Morgan Stanley Expansion Capital.
The crucial role of AI in enhancing compliance management for FinTech
In the complex landscape of financial regulation, compliance managers play a pivotal role, often finding themselves at the forefront of critical challenges.
Kasisto hits $90m in total funding, elevates FinTech with new executive...
Kasisto, the innovator behind KAI, the premier conversational AI platform for the financial services sector, has recently strengthened its leadership team by appointing Don Layden as Executive Chairman of its Board of Directors.