Tag: Machine Learning
Unravelling the significance of transaction monitoring in the digital age
In a recent post by Flagright, the company gave a detailed outline of the role of transaction monitoring and why it is so important.
How Clausematch is setting a new standard in RegTech: A closer...
When we delve into the profiles of notable leaders from bigwigs such as Facebook, Google, Microsoft, or OpenAI, we're often awestruck by their relentless...
CMFG Ventures backs DataVisor, targeting fraud in the credit union sector
DataVisor, a global pioneer in online fraud detection and financial services risk management, has secured strategic funding from CMFG Ventures, the venture capital subsidiary of CUNA Mutual Group.
Osavul raises $1m to tackle information manipulation with AI-based solutions
Osavul, a Ukrainian information security company, announced that it had successfully raised $1m in a funding round led by SMRK, a Ukrainian venture capital fund.
Digital fraud detection pioneer BioCatch welcomes Permira Growth Opportunities as major...
BioCatch, the pioneer in behavioral biometrics intelligence and a global leader in digital fraud detection, has recently announced that Permira Growth Opportunities has acquired a significant minority stake in the company.
Are regulatory constraints hindering machine learning development?
A Bank of England survey has found UK financial companies blame a lack of regulatory clarity and legacy systems for hampering the deployment of machine learning technology.
90% of financial services see rising compliance costs – SteelEye survey...
Nine in ten financial services firms have reported an increased compliance cost over the past five years, with 10% saying costs have doubled, according to research from RegTech firm SteelEye.
OECD offers policy recommendations for AI regulation in financial services
The Organisation for Economic Co-operation and Development (OECD) has published a new report offering policy advice on the regulation of AI in financial services.
Deep Instinct eyes ‘hyper-growth’ as it snares $100m Series D
Cybersecurity enterprise Deep Instinct has closed a $100m Series D funding led by global asset juggernaut BlackRock.
IntellectEU launches AI platform to bolster wealth management personalisation
Belgian IT company IntellectEU has introduced VELMA – an AI platform that allows financial advisors to offer ‘hyper-personalisation’ in the wealth management sector.
