Search Results for: risk and compliance technology

Tookitaki's Anti-financial Crime (AFC) Ecosystem helps Banks and Fintech Fight Financial Crime
Finance Fintech News Risk Management

Tookitaki’s Anti-financial Crime (AFC) Ecosystem helps Banks and Fintech Fight Financial Crime

PR Newswire
by PR Newswire0
An estimated $2 trillion is laundered globally each year, and new financial crime scenarios are emerging every day. Banks and fintechs, with their current approach of operating in silos, are struggling to keep up. Tookitaki, a global leader in anti-financial crime technology, is reshaping the fight against financial crime globally by building......
Banking Blockchain Digital Asset Management Digital Payments Featured Finance Fintech Security

Integrating Blockchain Technology Effectively into Digital Banking Systems

Fintech Staff Writer
by Fintech Staff Writer0
The global banking sector has seen a significant transformation in recent years, driven by advancements in financial technology aimed at enhancing efficiency and reducing operational costs. Among these innovations, blockchain technology stands out as a powerful tool with the potential to revolutionize various banking processes. From transaction processing and settlement......
VAT4U launches the first AI-Powered VAT engine for Accounts Payable and Travel Expenses
Artificial Intelligence Finance Fintech News

VAT4U launches the first AI-Powered VAT engine for Accounts Payable and Travel Expenses

PR Newswire
by PR Newswire0
VAT4U is setting new standards in VAT management for Accounts Payable and Travel Expenses. Powered by Generative AI, the VAT4U SmartAI engine simplifies complex VAT processes, offering businesses unparalleled efficiency, speed, and accuracy. Revolutionary AI Features setting new standards in VAT Management VAT4U, a leader in AI-driven VAT management solutions,......
AuditBoard and Protiviti Streamline Audit Lifecycle Management With Joint Capabilities
Cloud Finance Fintech News Risk Management

AuditBoard and Protiviti Streamline Audit Lifecycle Management With Joint Capabilities

Business Wire
by Business Wire0
Companies announce expansion to technology alliance at Audit & Beyond Conference AuditBoard, the leading cloud-based platform transforming audit, risk, and compliance management, and Protiviti, a global consulting firm with market-leading expertise in internal audit, today announced new joint capabilities at Audit & Beyond, the premier event for audit, risk, and......
Alkami Helps Banking Leaders Combat Emerging Check and Real-time Payments Fraud
Banking Digital Payments Finance Fintech News Risk Management

Alkami Helps Banking Leaders Combat Emerging Check and Real-time Payments Fraud

PR Newswire
by PR Newswire0
Industry experts unveil strategies in webinar to tackle emerging fraud threats as real-time payments surge and check fraud remains a leading risk Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for financial institutions in the U.S., recently held its latest webinar, “Banking on Security: Check & Real-Time Payments Fraud,” aimed at helping financial institutions address......
Prove AI Launches on the Hedera Network, Bringing New Standard in AI Governance
Artificial Intelligence Finance Fintech News

Prove AI Launches on the Hedera Network, Bringing New Standard in AI Governance

GlobeNewswire
by GlobeNewswire0
Company formerly known as Casper Labs brings its signature AI governance solution to Hedera under “Prove AI AG” Prove AI AG, creators of the Prove AI AI governance solution, today announced a strategic shift to build its flagship product exclusively on Hedera. Recognizing Hedera as the ideal distributed ledger technology (DLT) platform for......
Trintech and PRYZM Announce Strategic Partnership to Transform and Automate Finance and Accounting Processes
Finance Fintech News

Trintech and PRYZM Announce Strategic Partnership to Transform and Automate Finance and Accounting Processes

PR Newswire
by PR Newswire0
PRYZM to refer and implement Trintech’s market-leading cloud-based finance and accounting solutions Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, today announced a strategic partnership with PRYZM, a leading consultancy specializing in Finance Transformation and Enterprise Performance Management (EPM) solutions. The partnership enables......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Risk Management Security

Combating Payment Fraud with AI-Powered Risk Scoring

Fintech Staff Writer
by Fintech Staff Writer0
Digital banking has revolutionized how people manage finances, but it has also increased exposure to payment fraud. As fraudsters become more sophisticated, traditional rule-based methods struggle to keep pace. AI-powered risk scoring provides a more robust solution by analyzing vast amounts of transaction data and identifying subtle patterns that indicate......
Nasdaq Integrates AI to Simplify and Accelerate Bank and Insurance Risk Calculations
InsurTech News Risk Management

Nasdaq Integrates AI to Simplify and Accelerate Bank and Insurance Risk Calculations

GlobeNewswire
by GlobeNewswire0
Market volatility and regulatory requirements are driving increasingly complex and computationally intensive risk calculations XVA sensitivity analysis can require over 1 trillion calculations per day, requiring substantial physical infrastructure Nasdaq incorporates AI-based machine learning to process risk calculations up to 100 times faster Nasdaq announced it has developed an innovative......
Artificial Intelligence Banking Blockchain Featured Finance Fintech Security

RegTech for Financial Institutions: How You Can Better Streamline Regulatory Compliances

Rishika Patel
by Rishika Patel0
The Fintech industry is revolutionizing financial services with innovative RegTech solutions, from mobile payments to blockchain technologies. However, with this rapid transformation comes the challenge of navigating an increasingly complex regulatory landscape. Financial institutions must comply with stringent rules, such as Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations,......
1