Tag: AI
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.
Saifr acquires GOST to enhance regulatory solutions amidst growing risks
Saifr has announced its strategic acquisition of GOST, an artificial intelligence (AI) platform from Giant Oak.
The future of financial compliance: Preparing for AI regulatory changes
In a recent post by ACA Group, the firm outlined the eight steps CCO's should take now to prepare for AI regulation.
The role of AI in revolutionising KYC processes in 2024
The year 2023 highlighted the urgent need for KYC (Know Your Customer) automation and effectiveness, especially in volatile markets. Financial institutions faced significant challenges due to manual processes, prompting a shift towards innovative solutions. Optimizing data strategy and focusing on relevant attributes have become critical in navigating the financial landscape efficiently, ensuring optimal outcomes and reducing workload.
AML challenges and digital transformation: What 2024 holds for financial services
As we step into the second month of 2024, financial institutions (FIs) and regulated entities face a future that is anything but certain. Following a year marked by considerable upheaval, the question on everyone's mind is how to best prepare for what lies ahead.
Ascent acquires Waymark to transform compliance automation
Ascent Technologies, a leading provider of AI-enabled compliance automation solutions for financial services companies, has revealed that it has completed the strategic acquisition of Waymark.
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Why AI is vital for surveillance officers
Artificial Intelligence (AI) has been the focal point in discussions around innovation for many years, to the point where it is easy to be complacent when listening to how it will transform a sector. However, firms cannot afford to skip out on the latest advancements within AI as its rapid innovation is transforming the way we operate.
Coris, innovator in SMB risk management, announces $3.7m funding
Coris, a pioneering risk platform, has successfully closed a fundraising round totalling $3.7m.
Reken secures $10m in groundbreaking seed funding to combat generative AI...
Reken, a trailblazing AI & cybersecurity company, has successfully concluded an oversubscribed seed funding round, securing a substantial $10m.
Exterro unveils advanced AI assistant for cybersecurity professionals
Exterro, a prominent player in data risk management software, has unveiled an advanced AI assistant tailored for E-discovery, privacy and data governance, forensic investigations,...