Tag: Saifr

The challenge of financial crime and its wider societal effects are immense. Estimates suggest that money laundering accounts for 2-5% of the global GDP.

In the financial services world, the role of risk and compliance teams is crucial. Tasked with balancing marketing creativity and regulatory necessity, these teams are often seen as the final checkpoint before marketing materials can reach the market.

Time-tested, established methods form the backbone of effective compliance programmes, according to AI RegTech Saifr.

The global RegTech sector is projected to reach a value of $66.9bn by 2032, growing at a 22.6% CAGR from 2023, according to a report from Allied Market Research. Given its size, it is evident that the market is full of various types of RegTech solutions all claiming to revolutionise the output of compliance teams.

In today's dynamic financial landscape, the utilisation of Artificial Intelligence (AI) has become paramount for financial services firms striving to maintain competitiveness and drive innovation. Leading RegTech firm Saifr spoke to FinTech Global to delve into the top ways these company are utilising the technology today.

Saifr has announced its strategic acquisition of GOST, an artificial intelligence (AI) platform from Giant Oak.

As we approach the end of the second month of 2024, the direction of regulatory developments is beginning to take shape. What can we...

The EU made a significant move towards regulating artificial intelligence (AI) by tentatively agreeing on the terms of the AI Act.

In a recent post by RegTech firm Saifr, the firm took a deeper dive into conflicting research about the capabilities of AI. The realm of...

In a recent post by RegTech firm Saifr, the firm outlined four ethical principles by the European Commission for developing trustworthy AI.