Tag: real-time monitoring

Fraud prevention in banking is being reshaped as cybercriminals exploit AI tools to launch sophisticated scams. SymphonyAI, a provider of AI SaaS solutions, noted that...

Bank Negara Malaysia (BNM) has released an exposure draft aimed at strengthening anti-money laundering and counter financing of terrorism (AML/CFT) measures for electronic money...

A seemingly minor technical hiccup can erupt into a full-blown ESG crisis within hours in today’s hyper-connected environment. One Friday evening, a brief payment...

Consumers are increasingly relying on sharing-economy services for everyday convenience, with food delivery, home-sharing, and task management platforms now deeply embedded in modern digital...

SymphonyAI, a leader in enterprise AI, is helping firms transform operations through the power of unified namespace technology. By creating a single, centralised source of...

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.

In an era where businesses span across various international borders, adhering to the myriad of distinct regulatory frameworks is not just challenging; it’s imperative.

SplxAI, an emerging player in the field of AI security, has successfully raised $2m in a pre-seed venture capital round.

The Digital Operational Resilience Act (DORA) is set to redefine operational standards for financial entities across the EU.

Risk-based transaction monitoring represents a proactive method aimed at detecting financial crimes by closely analysing financial transactions to unearth potentially fraudulent patterns or signs of money laundering.