Tag: Machine Learning

Conveyancing, the legal transfer of property or land ownership, is a critical and complex process handled by licensed conveyancers. They manage everything from initial instructions to contract exchanges and final transactions. Each conveyancing case is unique, presenting its own set of challenges and requiring a meticulous approach.

Lynx, which focuses on detecting and preventing fraud and financial crimes, has closed its Series A funding round on €17m.

In a recent post by Moody's Analytics, the firm asked three key questions about driving efficiency with AI-powered screening.

Moody's Analytics recently took the opportunity to explain how screening for politically exposed persons can strengthen KYC processes. 

RegTech firm Flagright recently shone a light on the topic of fraud detection in FinTech, with a battle against synthetic identity theft ongoing.

The UK's Financial Conduct Authority (FCA) recently released a ten-point checklist for companies in anticipation of the new Consumer Duty regulation set to be enforced on July 31, 2023. This regulation marks a pivotal shift in the regulatory landscape, impacting both new and existing services and products available for sale or renewal.

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...

Resistant AI, a company leveraging AI and machine learning to secure financial services, has declared the expansion of its Series A funding.

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.

Embracing cutting-edge financial crime detection technology is critical for Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) and Fraud teams.