Tag: synthetic data

Napier AI, a RegTech providing financial crime compliance software to institutions worldwide, has launched its Insights AI feature within its Transaction Monitoring solution, following...

Singapore is pushing financial services firms beyond AI pilots and into enterprise-wide governance, as Project MindForge enters its next phase. Across Asia Pacific, artificial...

Artificial intelligence is quickly emerging as a priority investment area for financial crime teams, especially in anti-money laundering. Napier AI recently gathered industry practitioners...

Artificial intelligence is reshaping financial crime compliance, and regulators are responding. The UK’s Financial Conduct Authority (FCA) will launch AI Live Testing in September...

Artificial intelligence is changing the way banks tackle anti-money laundering (AML) compliance, but regulators have made it clear that innovation cannot compromise transparency or...

For too long, transaction monitoring (TM) in asset and wealth management has lagged behind the benchmarks set in retail banking. But as the regulatory...

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...

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.

FinCrime Dynamics, a UK-based FinTech specialising in criminal behavioural intelligence and data-driven solutions, has secured seed funding to advance its AI-powered platform.

AMLYZE, a leading RegTech company, has successfully closed a €2.35m seed funding round.