Liz Oakes, Carolyn Wilkins appointed to key roles on UK Financial Policy Committee
The Financial Policy Committee (FPC), pivotal in shaping UK financial policies, has welcomed Liz Oakes as a new external member and confirmed Carolyn Wilkins for a second term, as announced by the Chancellor of the Exchequer, Jeremy Hunt.
IBM acquires HashiCorp in a $6.4bn deal to enhance hybrid cloud capabilities
IBM has acquired HashiCorp a multi-cloud infrastructure automation firm, at a deal valued at approximately $6.4bn, with IBM offering $35 per share.
Unlocking front office potential: The shift from manual KYC to automated processes
The role of front office staff is crucial in driving revenue, yet the burden of KYC onboarding can significantly impede their productivity. Transitioning from manual processes to digital solutions is essential for enhancing client outreach effectiveness.
Dropzone AI secures $16.85m in Series A to boost cybersecurity operations
Dropzone AI, a pioneering cybersecurity company, has successfully secured $16.85m in Series A funding round.
Leveraging AI to enhance efficiency in AML sanctions screening
False positives in AML compliance typically occur when a transaction or customer record wrongly flags a potential match with a sanctioned entity or individual...
