Artificial Intelligence (AI) is heralding a new era across various industries, transforming the gig economy and the financial services sector with equal intensity. The applications of AI in these fields bring about a plethora of opportunities and challenges, especially concerning regulation and
As digital fraud threats become increasingly sophisticated, financial institutions are turning to advanced technologies like AI and biometrics to stay one step ahead, enhancing the ability to detect and prevent fraud while ensuring compliance with regulatory standards. This technological evolution
Toronto-Dominion Bank (TD Bank), one of North America's largest banking institutions, is facing unprecedented penalties due to significant lapses in its Anti-Money Laundering (AML) compliance program. The staggering $3.09 billion fine is being described as the largest ever imposed under the US
The US fintech sector is a paradox of advanced innovation juxtaposed with stubborn traditionalism. It’s a place where some of the world's most cutting-edge financial technologies emerge, yet simple technologies like contactless payments aren’t universally accepted. This dynamic landscape was vi
Behavox, established in 2014, has rapidly ascended as a pivotal player in the RegTech sector, predominantly catering to the financial industry. The company's innovative use of AI-powered solutions for compliance, security, and data management has gained them a reputation for significantly
Greenwashing, the practice of making misleading claims about a company's environmental efforts, has long been a concern for eco-conscious consumers and investors. Recent data from RepRisk shows a significant downward trend in greenwashing incidents globally, triggering a debate on whether this
