Category : Risk Management

Artificial Intelligence Cryptocurrency Finance Fintech News Risk Management Security

Veriff Report: One in 20 Online Identity Verification Attempts in Financial Services is Fraudulent

GlobeNewswire
by GlobeNewswire0
As the Deepfake-Laden Threat Landscape Becomes Increasingly Formidable, Report Offers Financial Services Firms a Compass for the Future Online identity verification fraud in financial services is growing hand-in-hand with the increasing sophistication of AI-powered tools. Not only has there been a 21% rise in online identity fraud year-over-year (one in......
Artificial Intelligence Blockchain Featured Finance Machine Learning Risk Management

Anomaly Detection at Scale: Building Unsupervised AML Models for High-Velocity Financial Data

Fintech Staff Writer
by Fintech Staff Writer0
In the era of digitized finance, organizations are confronted with unprecedented volumes of transactional data generated at breakneck speeds. From real-time payments to digital wallets and blockchain transactions, the velocity and complexity of financial data pose significant challenges for Anti-Money Laundering (AML) efforts. Traditional, rule-based systems struggle to keep up......
News Risk Management Security

Euclid Cyber Partners with cysmo to Optimize Cyber Risk Assessment and Portfolio Management

Cision PRWeb
by Cision PRWeb0
Euclid Cyber announces strategic partnership with cysmo® a market leading provider of real-time cyber risk ratings. Euclid Cyber , an owner-operated Managing General Agent (MGA) specializing in comprehensive excess cyber insurance for large risks, is excited to announce its strategic partnership with cysmo, the latest global real time external scanning solution providing......
Artificial Intelligence Banking Featured Finance Fintech Risk Management Security

How Predictive Analytics is Redefining Financial Risk Assessment

Fintech Staff Writer
by Fintech Staff Writer0
The financial industry is undergoing a profound transformation, driven by the rise of predictive analytics. By harnessing real-time data, machine learning models, and alternative data sources, financial institutions are reshaping how they assess risk, detect fraud, and deliver personalized services. This shift marks a departure from traditional, static credit evaluation......
Artificial Intelligence Cryptocurrency DeFi Featured Finance Fintech Machine Learning Risk Management Robotic Process Automation Security

Automating AML Investigations with AI and Machine Learning

Fintech Staff Writer
by Fintech Staff Writer0
Financial crime is evolving at an alarming pace. Money laundering, fraud, and terrorist financing have become more sophisticated, leveraging digital channels and complex transaction patterns to evade detection. In response, financial institutions face mounting regulatory scrutiny, with non-compliance leading to severe penalties—nearly $5 billion in AML-related fines were imposed in......
Artificial Intelligence Blockchain Cryptocurrency DeFi Digital Asset Management Featured Finance Fintech Machine Learning Risk Management

Understanding Global AML Regulations: Key Updates for 2025

Fintech Staff Writer
by Fintech Staff Writer0
Financial crime and compliance regulations are evolving at an unprecedented pace. As money laundering tactics grow more sophisticated—leveraging cryptocurrencies, decentralized finance (DeFi), and regulatory loopholes—global watchdogs are intensifying their scrutiny. In response, financial institutions must modernize their compliance frameworks or face severe penalties, reputational risks, and legal repercussions. The year......
Artificial Intelligence Banking Finance Fintech Interviews Machine Learning Risk Management

Global FinTech Interview with Mike Upchurch, VP of Strategy for Financial Services and Insurance, Domino Data Lab

Paroma Sen
by Paroma Sen0
How is AI reshaping the gamut of modern financial services? Mike Upchurch, VP of Strategy for Financial Services and Insurance, Domino Data Lab weighs in with some observations in this fintech interview: ______________ Hi Mike, take us through your fintech journey and the top observations you have for the market?......
Artificial Intelligence Finance Fintech Guest Posts Risk Management Robotic Process Automation

AI is Making Accounting and Finance Faster, Smarter and More Valuable

Matt Wood
by Matt Wood0
By Matt Wood, Global Head, Finance & Accounting Outsourcing, Personiv Accounting and finance are on the brink of a technology shift that will accelerate processes, make forecasts more accurate, and create more value for stakeholders. This is good news for CFOs struggling to attract talent in the midst of a......
Blockchain Cryptocurrency Featured Finance Fintech Risk Management Security

Why Distributed Ledger Technology Is More Than Just a Buzzword

Fintech Staff Writer
by Fintech Staff Writer0
When Bitcoin surged from under US$1,000 at the beginning of 2017 to nearly US$20,000 by year’s end, it catapulted the concept of distributed ledger technology (DLT) into mainstream consciousness. The meteoric rise of Bitcoin—and other cryptocurrencies riding the wave—was hailed by early adopters and enthusiasts as a clear signal of......
Artificial Intelligence Featured Finance Fintech InsurTech Machine Learning Risk Management

Data Lakehouse Architectures for Unified Policyholder Intelligence in Insurance Tech

Fintech Staff Writer
by Fintech Staff Writer0
The insurance industry is undergoing a profound digital transformation, driven by the need to deliver personalized customer experiences, optimize underwriting, reduce fraud, and accelerate claims processing. However, most insurers continue to struggle with fragmented data ecosystems. Legacy systems, siloed databases, and disparate data pipelines inhibit the ability to build a......
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