Tag: AI
How AI transforms KYC into a continuous compliance powerhouse
In the dynamic landscape of anti-money laundering (AML) efforts, financial institutions are facing intensified scrutiny to stay a step ahead of increasingly sophisticated criminal tactics and rigorous regulatory demands.
From chaos to clarity: How AI is transforming financial compliance
The intersection of artificial intelligence (AI) and financial compliance is reshaping how firms handle regulatory reviews.
Singapore’s central bank weighs AI’s pros and cons in policy making
The MAS recently offered insights into how AI and machine learning (ML) technologies are shaping the future of policy development.
US leads historic UN Resolution to democratise artificial intelligence
The United States has taken a pioneering role at the United Nations with its proposal for the first-ever resolution focused on AI.
Zama raises $73m to revolutionize internet encryption with FHE technology
Zama, an open-source cryptography company specializing in Fully Homomorphic Encryption (FHE), has announced a successful $73m Series A funding round, one of the largest of its kind in France's history.
DTEX Systems raises $50m to enhance insider risk management through AI
DTEX Systems, a global leader in the field of insider risk management, has successfully closed a Series E funding round of $50m.
CCC Intelligent Solutions eyes market expansion with 40 million shares secondary...
CCC Intelligent Solutions Holdings (CCC) has recently made headlines with its announcement of a significant secondary offering.
AI emerges as the top threat for UK’s regulated firms in...
In the UK, the deployment of artificial intelligence (AI) is perceived as the principal threat for over half of the regulated firms this year.
The top six ways financial services firms use AI today
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...
Microsoft unveils PyRIT for Red Teaming to revolutionise AI security
Microsoft, a global leader in technology and innovation, has unveiled PyRIT, an innovative tool set to transform the landscape of GenAI security.