Tag : regulatory requirements

Artificial Intelligence Compliance management Digital Payments Guest Posts Security

Here’s How to Assess the AI Vendors That Can Make Your Payments More Secure

Dorota Wrobel
by Dorota Wrobel0
It took a bit before the mainstream became accustomed to online payments, but it did. In 2023, over 70% of American adults used PayPal, and that number was significantly larger for younger generations and in geographies like Germany, UK, and France.  It’s a great evolution of tech – simple, convenient,......
Banking Featured Finance Fintech Risk Management Security

Why Network Traffic Monitoring is Essential for Robust Cybersecurity in Financial Services

Rishika Patel
by Rishika Patel0
In the high-stakes world of financial services, where vast quantities of sensitive data flow continuously across interconnected networks, network traffic monitoring has become more than a mere security tool—it’s a strategic imperative. According to Gartner, 90% of enterprises view network traffic monitoring as vital for maintaining reliability, security, and regulatory......
Skan AI Introduces New "Real-time Execution Visibility" Solution to Transform Anti-Money Laundering (AML) Programs
Artificial Intelligence Fintech News

Skan AI Introduces New “Real-time Execution Visibility” Solution to Transform Anti-Money Laundering (AML) Programs

PR Newswire
by PR Newswire0
Skan AI, a leading provider of work and process intelligence solutions, announced the launch of a groundbreaking offering designed to address critical deficiencies in Anti-Money Laundering (AML) programs across the banking and financial sectors. Skan AI’s new “Real-time Execution Visibility” solution empowers financial institutions to ensure compliance with regulatory requirements......
ValidMind Launches ValidMind Advantage Program to Bring Trust and Transparency to Third-Party AI Model Vendors
Artificial Intelligence News Risk Management

ValidMind Launches ValidMind Advantage Program to Bring Trust and Transparency to Third-Party AI Model Vendors

Business Wire
by Business Wire0
The new partner ecosystem enables fintech companies to properly validate AI models, making them compliant with banks’ regulatory requirements ValidMind, the leading next-generation AI and model risk management platform for financial services, announced the launch of the ValidMind Advantage program. This partner ecosystem is designed to provide early-stage and established......
BlueFlame AI Secures $5M Series A Funding to Transform Gen AI for Alternative Investment Managers
Investment Services News

BlueFlame AI Secures $5M Series A Funding to Transform Gen AI for Alternative Investment Managers

Business Wire
by Business Wire0
Funding round led by industry leaders, strategic partners, and management team will fuel next stage of growth and innovation BlueFlame AI (BlueFlame), the generative AI platform for alternative investment managers, announced the successful completion of its Series A funding round. The $5 million private funding round, which was oversubscribed by......
Salt Security Report Identifies Significant API Vulnerabilities and Attacker Activity in Financial Services
Finance News Security

Salt Security Report Identifies Significant API Vulnerabilities and Attacker Activity in Financial Services

PR Newswire
by PR Newswire0
Industry-focused report shows nearly 70% of financial services and insurance companies have suffered rollout delays due to API security, 92% have had security issues in production APIs Salt Security, the leading API security company, released findings from its first industry-focused report on API security, the 2023 “State of API Security......
Veridas Expands Its Age Verification Solution, Enabling Seamless Compliance with Enhanced User Experience
Artificial Intelligence News

Veridas Expands Its Age Verification Solution, Enabling Seamless Compliance with Enhanced User Experience

Fintech News Desk
by Fintech News Desk0
Age Estimation Solution Delivers Accurate and Efficient Age Verification Veridas, a leading global provider of AI-driven identity verification solutions, is proud to announce the expansion of its groundbreaking Age Verification product. Designed to help businesses meet stringent age verification regulations, this cutting-edge solution combines biometric verification and artificial intelligence to......
1