Tag: data analysis

Okredo, a Lithuanian company specializing in open data solutions, has successfully secured €1.2m from the EU. According to Finextra Research, this funding marks a...

AI is progressively transforming the landscape of AML and KYC within financial institutions, aiming to amplify their efficiency, efficacy, and scale. According to Saifr,...

Cognyte Software, a global leader in investigative analytics, has successfully secured a $10m follow-on order from a longstanding partner, a national security agency in the EMEA (Europe-Middle East-Africa) region.

In the financial sector, the spotlight has recently intensified on non-financial misconduct, spurred by the Financial Conduct Authority's (FCA) focused initiatives and investigations into issues like sexism, bullying, and discrimination.

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.

In the realm of financial services technology, navigating through legacy systems and enhancing data quality are pivotal concerns that most organisations grapple with. TAINA, a leader in this field, acknowledges these challenges and has dedicated extensive efforts to develop a suite of tools and methodologies aimed at simplifying the data migration process.

Compliance automation is a game-changer in how chief compliance officers (CCOs) present crucial regulatory compliance information to board members. This technological advancement not only makes compliance processes more efficient but also equips board members with vital knowledge for informed decision-making.

Fraud in the UK has become a significant concern, with 40% of crimes being fraudulent. Money muling is at the forefront, where fraudsters utilise synthetic or real mule accounts for financial gain. The UK government, recognizing the seriousness, plans to publish an action plan to combat this issue. 

COGNNA, a trailblazer in cybersecurity within the Middle East and North Africa region, has completed a seed funding round, amassing over $2.25m.