Tag: AI
Squirro links with radicant to strengthen AI and ESG synergies
Squirro, a company that links and analyses data to provide new insights as a basis for decision making, has integrated with ESG firm radicant.
90% of financial services see rising compliance costs – SteelEye survey...
Nine in ten financial services firms have reported an increased compliance cost over the past five years, with 10% saying costs have doubled, according to research from RegTech firm SteelEye.
How AI can bolster the RegTech onboarding process
The rise of AI is happening across the majority of industries globally. However, it is seeing particularly powerful growth across the RegTech industry right now.
Over 90% of European FinTechs to use AI-risk decisioning to beat...
Over 90% of European FinTech companies plan to adopt AI-enabled risk decisioning to combat fraud, according to a study by risk decisioning software developer Provenir.
OECD offers policy recommendations for AI regulation in financial services
The Organisation for Economic Co-operation and Development (OECD) has published a new report offering policy advice on the regulation of AI in financial services.
Varo Bank taps Quantifind’s AI platform for adverse screening, automated investigations
Varo Bank has selected financial crime investigation firm Quantifind’s Graphyte platform to optimise its adverse media screening and investigations automation performance.
Why AI-powered adverse screening should be core software for FI’s
As risks of financial crime continue to rise in the digital world, companies will need to improve the use of technology-powered solutions. Adverse media screening is of growing importance and can offer more than just security.
Deep Instinct eyes ‘hyper-growth’ as it snares $100m Series D
Cybersecurity enterprise Deep Instinct has closed a $100m Series D funding led by global asset juggernaut BlackRock.
IntellectEU launches AI platform to bolster wealth management personalisation
Belgian IT company IntellectEU has introduced VELMA – an AI platform that allows financial advisors to offer ‘hyper-personalisation’ in the wealth management sector.
SmartStream expands global reach with cloud-native AI service launch
Transaction lifestyle management provider SmartStream Technologies has boosted its global footprint with the launch of SmartStream Air version 3.