Search Results for: detection

AML/KYC Compliance AI-Focused Firm Axle Automation Raises $2.5M Led by Diagram Ventures
Artificial Intelligence Compliance management News

AML/KYC Compliance AI-Focused Firm Axle Automation Raises $2.5M Led by Diagram Ventures

Business Wire
by Business Wire0
Axle Automation, Inc. (“Axle” or “Company”), a trailblazing provider of AI-powered solutions for compliance teams, proudly announces the successful close of its seed funding round. The Company will use the $2.5M to scale the team and optimize and supercharge compliance teams at fintechs, banks, and other financial institutions. Led by......
authID and FinClusive Partner to Integrate Next-Gen Biometric and Financial Crimes Compliance Solutions, Enabling Robust Identity Management
Finance Fintech News Risk Management Security

authID and FinClusive Partner to Integrate Next-Gen Biometric and Financial Crimes Compliance Solutions, Enabling Robust Identity Management

EIN Presswire
by EIN Presswire0
Partnership sets new standards in compliance and security, while delivering the fastest, most seamless, and accurate user identity experience available authID Inc. [Nasdaq: AUID], a leading provider of innovative biometric identity verification and authentication solutions, and FinClusive Capital, Inc. (FinClusive), a global provider of comprehensive financial crimes compliance (FCC) and......
Featured Finance Fintech Risk Management Security

Top Insider Threats Facing FinTech Companies and How to Mitigate Them

Fintech Staff Writer
by Fintech Staff Writer0
The FinTech industry, blending finance with technology, has revolutionized how financial services are delivered. However, with innovation comes new risks, and insider threats have emerged as a significant concern. Insider threats, originating from current or former employees, contractors, or business partners, can cause severe damage. These threats are particularly challenging......
Artificial Intelligence Finance Fintech Guest Posts Risk Management Security

AI’s Impact on Emerging Risk Management Trends

Fintech Analyst
by Fintech Analyst0
By Heather H. Wilson and Patrick J. O’Neill, CLARA Analytics and Redhand Advisors AI is exploding, particularly as large language models (LLMs) have infiltrated everyday life. Almost every new mainstream product seems to promote some usage of AI, and industry after industry is being transformed by its capabilities. But despite......
Trust Stamp Discusses Its Evolution to Serving Diverse Global Markets as a SAAS Provider of Artificial Intelligence Powered Technologies and the Application for Its 37th Patent
Artificial Intelligence News

Trust Stamp Discusses Its Evolution to Serving Diverse Global Markets as a SAAS Provider of Artificial Intelligence Powered Technologies and the Application for Its 37th Patent

GlobeNewswire
by GlobeNewswire0
Trust Stamp’s Chief Technology Officer and Chief Science Officer provide an overview of the Company’s patent portfolio, some of its innovations in the use of AI, and its evolution to serving a broad range of global customers in addition to its core financial service customers Trust Stamp. On the occasion......
KOAT Capital Acquires Pelican AI to Drive Innovation in AI-Powered Payments and Compliance Solutions for Global Banks
Artificial Intelligence Finance Fintech News

KOAT Capital Acquires Pelican AI to Drive Innovation in AI-Powered Payments and Compliance Solutions for Global Banks

EIN Presswire
by EIN Presswire0
KOAT Capital, a holding company focused on strategic investment and long-term value creation across artificial intelligence (AI) and technology, has finalized the acquisition of 100% of the outstanding shares of Pelican AI (Pelican) and subsidiaries. This acquisition is a significant step in KOAT Capital’s investment strategy, reinforcing its position in......
B2B Banking Business Digital Payments Digital Wallet Featured Fintech Payment gateways Technology

Seamless Transactions: The Role of Payment Gateways in Enhancing Merchant Services

Prajakta Ayade
by Prajakta Ayade0
The role of payment gateways has become increasingly crucial in enhancing merchant services. These gateways act as intermediaries between merchants and financial institutions, ensuring secure and efficient transaction processing. As the landscape of digital payments continues to evolve, the capabilities of payment gateways are revolutionizing how merchants operate, providing seamless......
Latinia Expands to North America Following Success in Latin and Central America
Banking News

Latinia Expands to North America Following Success in Latin and Central America

GlobeNewswire
by GlobeNewswire0
Latinia, a leading provider of real-time decision engines and critical notifications for the banking industry, proudly announces its expansion into the United States and Canada. This strategic move follows Latinia’s remarkable success with prominent banks across Latin and Central America, solidifying its reputation as a trusted partner in the financial......
Financial Institutions Struggle to Meet Customer Expectations in Fighting Authorized Transfer Scams, LexisNexis Risk Solutions Study Finds
Fintech News

Financial Institutions Struggle to Meet Customer Expectations in Fighting Authorized Transfer Scams, LexisNexis Risk Solutions Study Finds

PR Newswire
by PR Newswire0
Only 50% of organizations have confidence in their ability to stop scammers. Sixty-nine percent (69%) find it difficult to break a victim’s belief or trust in a scammer. Just four percent (4%) of FIs can alert customers to scams involving impersonation of financial services employees within 24 hours. LexisNexis Risk......
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