Tag: Artificial Intelligence
US RegTech deal activity rises by 20% QoQ as investors eye...
Key RegTech investment stats in Q3 2024:
Global RegTech deal activity increased by 20% QoQ
Average deal value dropped to $12m as investors back...
How AI slashes ESRS compliance time by 50% for sustainable reporting
As sustainability reporting becomes more demanding, companies face significant challenges in gathering, organising, and producing reports.
Bugcrowd bags $50m from Silicon Valley Bank to amplify cybersecurity solutions
Bugcrowd, a pioneer in crowdsourced cybersecurity solutions, has secured a significant $50m growth capital facility from Silicon Valley Bank (SVB), a division of First Citizens Bank.
The governance gap: AI risks unchecked in financial services
Financial services companies are rushing to integrate artificial intelligence (AI) into their operations, but many are doing so without adequate governance frameworks or testing procedures.
New Napier AI report highlights $3.13trn potential savings with AI in...
Napier AI, a RegTech company offering a range of compliance tools and services, has launched its inaugural AI / AML Index, revealing that artificial intelligence could enable global economies to save $3.13trn annually by enhancing the detection and prevention of money laundering and terrorist financing.
Harnessing AI and data integrity in fighting financial crime
In today's rapidly evolving digital world, the fight against financial crime networks demands both vigilance and innovation.
The impact of AI on enhancing AML/KYC effectiveness
AI is progressively transforming the landscape of AML and KYC within financial institutions, aiming to amplify their efficiency, efficacy, and scale.
According to Saifr,...
Cisco Investments backs CyberTech Halcyon
Halcyon, a pioneering anti-ransomware firm, has recently secured strategic funding from Cisco Investments.
New era of US sanctions: Preparing for a decade of enhanced...
As we move into the latter half of 2024, the landscape of international relations is increasingly fraught with challenges, from escalating global conflicts to...
YesWeHack secures €26m in Series C for cutting-edge cybersecurity expansion
YesWeHack, a prominent Bug Bounty and vulnerability management platform, has successfully closed a €26m Series C funding round.