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RegTech and the Future of Regulatory Reporting

Prajakta Ayade
by Prajakta Ayade0
The financial services industry has witnessed a significant transformation driven by financial tech advancements. Among these innovations, Regulatory Technology, or RegTech, has emerged as a critical component in reshaping the future of regulatory reporting. Understanding RegTech RegTech refers to the use of technology, particularly information technology, to enhance the management......
BMO Survey: More Than a Third of Americans Using AI to Manage Finances
Finance News

BMO Survey: More Than a Third of Americans Using AI to Manage Finances

PR Newswire
by PR Newswire0
61% of Gen Z use AI to help manage their finances and investments – more than any other generation. 64% do not believe AI understands how emotions influence financial planning. The BMO Real Financial Progress Index reveals a growing number of Americans, notably Gen Z, are increasingly using artificial intelligence......
AuditBoard Launches New Capabilities to Streamline Conformance With New IIA Global Standards
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AuditBoard Launches New Capabilities to Streamline Conformance With New IIA Global Standards

Business Wire
by Business Wire0
Internal auditors can leverage powerful AI, automation, and collaboration capabilities to meet the updated Global Internal Audit Standards and drive audit transformation AuditBoard, the leading cloud-based platform transforming audit, risk, compliance, and ESG management, today announced the launch of out-of-the-box (OOTB) self-assessment tools that enable internal auditors to easily assess......
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Top FinTech Startups Revolutionizing Retirement Planning

Fintech Staff Writer
by Fintech Staff Writer0
Retirement planning has long been a complex and daunting task for many individuals. Traditional methods often involve navigating a maze of investment options, understanding tax implications, and predicting long-term financial needs. However, with the advent of financial technology (FinTech), the landscape of retirement planning is undergoing a revolutionary transformation. Several......
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Going Green: It’s Time to Fix Financial Services’ Carbon Footprint

Leslie Kanthan
by Leslie Kanthan0
By Dr. Leslie Kanthan, CEO and Co-founder, TurinTech Enterprise technology is a big contributor to carbon emissions in most major sectors, and financial services is no exception. For example, according to McKinsey’s 2022 report The green IT revolution: A blueprint for CIOs to combat climate change, financial services’ IT technology......
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The Future of Accounts Payable: AI-Powered Fintech Solutions Are Leading the Way

Prajakta Ayade
by Prajakta Ayade0
Manual, paper-based payment processes are rapidly becoming relics of the past, replaced by intelligent payment automation powered by Artificial Intelligence (AI). This shift promises a future of unprecedented efficiency, accuracy, and strategic advantage for businesses of all sizes. The rise of artificial intelligence (AI) is redefining the future of accounts......
Unravel Data Unveils Data Industry’s First Purpose-built Autonomous AI Agents
Artificial Intelligence Fintech News

Unravel Data Unveils Data Industry’s First Purpose-built Autonomous AI Agents

Business Wire
by Business Wire0
Unravel Data, the first AI-enabled data actionability and FinOps platform built to address the speed and scale of modern data platforms, today announced the release of three groundbreaking new AI agents: the Unravel DataOps Agent, the Unravel FinOps Agent, and the Unravel Data Engineering Agent. While generative AI capabilities such......
ComplyCube Launches Trust Center with the Most Complete Compliance Posture in the Market
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Turning to AI to Address Financial Crime, Regulatory Compliance

Art Mueller
by Art Mueller0
By Art Mueller, vice president of financial crime, WorkFusion Financial crime is running rampant. According to the United Nations Office on Drugs and Crime, up to $2 trillion in illicit funds are laundered through global financial networks each year. Yet financial institutions are only able to intercept about one percent......
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The Impact of Blockchain on Modern InsurTech

Prajakta Ayade
by Prajakta Ayade0
The insurance industry, while financially robust, is often criticized for its slow and paper-centric processes, lack of transparency, and vulnerability to fraud. InsurTech, the marriage of insurance and technology, has emerged to address these concerns by leveraging digital solutions. However, a new wave of innovation is on the horizon, driven......
Nium Raises US$50 Million in Series E Round to Expand Real-Time Payments Global Infrastructure
Digital Payments News

Nium Raises US$50 Million in Series E Round to Expand Real-Time Payments Global Infrastructure

PR Newswire
by PR Newswire0
Funds will enable the company to continue rapid network expansion and capitalize on a projected US$175 trillion B2B payments market opportunity Nium, the global leader in real-time cross-border payments, announced it has raised US$50 million in a Series E funding round. The round was led by a sovereign wealth fund in Southeast Asia and values the......
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