Tag: financial technology 2023
Revolutionising risk and compliance: How large language models combat financial crimes
There's a revolution happening in the world of technology, and it's making waves in our society. AI Large Language Models (LLM), such as ChatGPT, have dramatically changed our interaction with technology, sparking both intense excitement and lingering fears of an AI uprising.
From TCFD to ISSB: Unravelling the complexities of sustainability standards in...
Sustainability reporting can often be complex and daunting. In a recent post by Position Green, the firm attempted to simplify the understanding of it.
BIS Innovation Hub uses AI and data analytics for efficient money...
The BIS Innovation Hub has found that a number of key tech developments have proven to be superior for detecting money laundering networks.
Deepfake and forced verification frauds skyrocket
Sumsub, a full-cycle verification platform, recently unveiled alarming data that shows an unprecedented rise in forced verification and deepfake-related fraud cases across the UK and Europe. The findings were drawn from the company's anonymised verification data collected from its clients.
What are the key pillars of third-party risk management?
In a recent post by Moody's Analytics, the company outlined three key pillars of third-party risk management.
