Tag: AI
Utilising AI in the Shift Towards Perpetual KYC
The FinTech landscape is increasingly gravitating towards perpetual know your customer (KYC) protocols. As part of this evolution, the operational pillars are rapidly transforming. Graham Bailey, COO of Quantifind, and Brian Kindle, VP of product development at ACFCS, shed light on this shifting terrain in a new podcast on the foundational elements of perpetual KYC.
Key considerations for scaling fraud prevention systems
In the data-driven epoch, secure, adaptable, and scalable fraud prevention systems hold immense significance, especially for financial institutions handling sensitive data and massive amounts...
Google fuels cybersecurity sector with $20m educational boost
Google has committed more than $20m to aid cybersecurity clinics at 20 higher educational institutes across the US.
Tibo obtains Pre-A funding to combat AI data leak issues
Tibo, an innovative cybersecurity startup aiming to prevent data leaks when corporates use artificial intelligence (AI), has completed a successful Pre-A funding round.
The latest...
Cyware bags £30m in AI-powered cyber fusion expansion
Cyware, a leading entity in the AI-driven Cyber Fusion platforms and automated threat intelligence sharing realm, has secured £30m in a Series C funding...
Will AI take over regulation and compliance in the future?
AI has long been touted as the future for many industries, and the explosion of ChatGPT may have revealed that that future is now here.
Databricks acquires MosaicML in $1.3bn deal to democratise generative AI
Databricks, a pioneering unified data and AI platform, has penned a definitive agreement to acquire MosaicML, a renowned GenAI platform.
Exploring the four critical capabilities propelling today’s AI technology
In a recent post by Saifr, the company outlines four of the key capabilities involved in today’s world of AI.
The impact of digital transformation on account opening
Financial Institutions (FIs) are integrating digital technologies into their infrastructures, sparking a transformation in customer experiences and enhancing operational efficiency. This shift has made a dramatic impact on account opening and verification processes.
Streamlining banking procedures: How digital onboarding is enhancing customer experiences
In a recent post by Fenergo, the company outlined how digital transformation is changing the way people open accounts.