Tag: Napier AI

Recent lobbying from large US banks has ignited a heated public debate over an unlikely flashpoint: anti-money laundering reporting thresholds. Michael Joseph, Product SME...

The Financial Crimes Enforcement Network (FinCEN) has recently issued a pivotal final rule that mandates registered investment advisers (RIAs) and exempt reporting advisers (ERAs) to establish comprehensive anti-money laundering (AML) and countering the financing of terrorism (CFT) frameworks under the Bank Secrecy Act (BSA).

While the integration of artificial intelligence (AI) in anti-money laundering (AML) processes promises enhanced efficiency, the assumption that AI lacks bias because it isn't...

Australia is moving to overhaul its anti-money laundering and counter-terrorism financing (AML/CTF) framework with a comprehensive new proposal aimed at aligning the country with global standards set by the Financial Action Task Force (FATF).

As artificial intelligence (AI) continues to transform financial crime compliance, a new industry benchmark is emerging: compliance-first AI. In a landscape where balancing cutting-edge technology...

As AI reshapes the financial crime compliance arena, the emergence of a compliance-first approach to AI in FinTech is becoming increasingly important.

Key European RegTech investment stats in 2024: European RegTech deal activity halved in 2024 YoY UK firms dominated the European RegTech marketplace completing a...

The Financial Conduct Authority (FCA) has been actively working to promote safe and responsible AI adoption in the UK financial sector. Last year, it published its AI Update to encourage outcomes-focused AI models. To further this initiative, the FCA recently launched its AI Lab, a collaborative platform for firms, stakeholders, and regulators to discuss AI use cases, share insights, and foster innovation while ensuring compliance.

Key European RegTech investment stats in 2024: European RegTech deal activity halved in 2024 YoY UK dominated the European RegTech space completing six of...

As the RegTech sector continues to embed itself within the structure of the financial sector, 2024 proved to be yet another red-letter year for...