Search Results for: financial crime activities

Verafin Enhances Financial Crime Management Solutions Suite with Launch of Entity Research Copilot — First of Its Integrated Copilot Capabilities
Artificial Intelligence Finance

Verafin Enhances Financial Crime Management Solutions Suite with Launch of Entity Research Copilot — First of Its Integrated Copilot Capabilities

Business Wire
by Business Wire0
Proven Solutions with Integrated GenAI Copilot Features Significantly Improve Investigator Efficiency with up to 90% Reduction in Alert Review Time Compared to Legacy Approaches. Verafin, a Nasdaq company, renowned for its expertise in applying artificial intelligence (AI) and big data technologies to fight crime, announces the launch of Entity Research......
LexisNexis Risk Solutions Released True Cost of Financial Crime Compliance Study
Compliance management News

LexisNexis Risk Solutions Released True Cost of Financial Crime Compliance Study

Fintech News Desk
by Fintech News Desk0
 The intensifying challenge of keeping up with the complex sanctions environment is leading financial institutions to confront a growing screening workload, increasing the number of screening alerts at 79% of organizations. LexisNexis Risk Solutions released the findings of its latest True Cost of Financial Crime Compliance Study – Asia Pacific.......
Study Reveals Annual Cost of Financial Crime Compliance Totals $61 Billion in the United States and Canada
Compliance management News

Study Reveals Annual Cost of Financial Crime Compliance Totals $61 Billion in the United States and Canada

PR Newswire
by PR Newswire0
True Cost of Financial Crime Compliance Study Reveals Organizations Prioritizing Cost Reduction While Ensuring Regulatory Adherence Financial crime compliance costs have risen for 99% of financial institutions 70% of financial institutions prioritize cutting compliance costs in next 12 months Cryptocurrencies and AI techniques are now being adopted by criminals as tools......
International Education Financing Spurs Campus Diversity and Global Economic Growth
Fintech News

International Conflict and Emerging Technologies Drive ComplyAdvantage Experts’ FinCrime Trends

PR Newswire
by PR Newswire0
ComplyAdvantage announced the four trends it believes will shape the financial crime landscape in 2024. Following conversations with regulators, industry leaders, and innovative financial institutions worldwide, the company’s team of regulatory affairs experts predict that the next 12 months will be defined by significant challenges posed by technology and international......
Genpact Integrates riskCanvas with Amazon Bedrock for Advanced AI in Financial Crime Management
Artificial Intelligence Finance News

Genpact Integrates riskCanvas with Amazon Bedrock for Advanced AI in Financial Crime Management

PR Newswire
by PR Newswire0
Integration of Amazon Bedrock into Genpact’s riskCanvas financial crime risk management suite to drive value across clients, including Apex Fintech Solutions Genpact, a global professional services firm focused on delivering outcomes that transform businesses, expanded its relationship with Amazon Web Services, Inc. (AWS) to transform financial crime risk operations, leveraging......
Feedzai Introduces Railgun a Next-Generation Fraud Detection Engine, Featuring Advanced AI to Defend Millions of People From Surging Financial Crime
Fintech News Risk Management

Feedzai Introduces Railgun: Fraud Detection Engine, Advanced AI to Defend Millions of People From Surging Financial Crime

Business Wire
by Business Wire0
Railgun delivers breakthroughs in accuracy, latency, and reliability, further enhancing Feedzai’s already industry-leading RiskOps Platform Patented AI technology is the latest innovation from Feedzai, which has invested over $100M to develop the world’s most comprehensive suite of products to fight financial crime Feedzai, a leading provider of financial crime and......
Feedzai Introduces Railgun Next-Gen AI Fraud Detection Engine to Defend Millions of People From Surging Financial Crime
Finance News Risk Management

Feedzai Introduces Railgun: Next-Gen AI Fraud Detection Engine to Defend Millions of People From Surging Financial Crime

Business Wire
by Business Wire0
Railgun delivers breakthroughs in accuracy, latency, and reliability, further enhancing Feedzai’s already industry-leading RiskOps Platform Feedzai, a leading provider of financial crime and risk management solutions, is introducing Railgun, its next-generation AI engine designed to target and intercept financial fraud before it can occur. In order to scale, today’s risk engines force......
Google Cloud Launches AI-Powered AML Product for Financial Institutions
Artificial Intelligence News

Google Cloud Launches AI-Powered Anti Money Laundering Product for Financial Institutions

PR Newswire
by PR Newswire0
HSBC found AML AI identified 2-4x more suspicious activity, while reducing alert volumes by more than 60%  Google Cloud announced the launch of Anti Money Laundering AI (AML AI), an artificial intelligence (AI)-powered product designed to help global financial institutions more effectively and efficiently detect money laundering. Money laundering is a......
Reltio Unveils Out-of-the-Box Solutions for Financial Services and Insurance Organizations
Finance InsurTech News

Reltio Unveils Out-of-the-Box Solutions for Financial Services and Insurance Organizations

Business Wire
by Business Wire0
New velocity packs with industry-specific data models, predefined configurations for financial services and insurance significantly accelerate implementation times Reltio, the leading cloud-native, SaaS, modern data management company, makes it possible for companies to gain optimal value from their core data quickly — and thrive — even during turbulent economic times. Now,......
Eventus Introduces Validus AML, New End-To-End AML Solution to Help Exchanges, Institutions Combat Financial Crime
Digital Asset Management News

Eventus Introduces Validus AML, New End-To-End AML Solution to Help Exchanges, Institutions Combat Financial Crime

Fintech News Desk
by Fintech News Desk0
Innovative offering combines signals-based approach, rules-based logic and advanced data analytics with customizable technology for targeted, efficient results Eventus, a leading global provider of multi-asset class trade surveillance and market risk solutions,  announced the broad introduction of Validus AML (VAML), a new end-to-end anti-money laundering (AML) platform aimed at helping......
1