Tag: ML

In today's rapidly evolving digital world, the fight against financial crime networks demands both vigilance and innovation.

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...

Money laundering continues to pose a significant challenge in Asia, exacerbated by the diverse economic landscapes, fragmented regulatory frameworks, and intricate financial systems.

The financial services industry is undergoing a transformation driven by artificial intelligence (AI) technologies, particularly machine learning (ML). These advancements are significantly enhancing anti-money laundering (AML), counter-financing of terrorism (CFT), and sanctions screening as part of customer lifecycle management (CLM).

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 fast-paced world of data protection and privacy, 2024 marks a significant year with its own set of challenges and opportunities. Theta Lake, a provider of digital communications governance technology, has offered a comprehensive list of the top data protection strategies, focusing on how Theta Lake is pioneering in this space.

ExtraHop, renowned for its pioneering work in cloud-native network detection and response (NDR), has secured $100m in growth capital from its existing investors, a deal set to be finalised early in 2024.

US fraud volumes and losses continue their alarming annual increase, exacerbating an already worrisome trend in the financial sector.

With the ever-emerging organizational risks, boards are constantly on the lookout for ways to mitigate threats. These include areas like ESG, cyber resilience, human capital management, and even the personal liability of directors.

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