In today's digital age, financial institutions face the dual challenge of implementing robust security measures while maintaining a user-friendly experience. This delicate balance is crucial for enhancing fraud prevention strategies and ensuring customer satisfaction. Jennifer White, Senior
The regulation of automated decision-making (ADM) is a pressing issue as the UK House of Lords examines the Data (Use and Access) Bill. With ADM's increasing prevalence, legislative measures are crucial to protect individual rights. The bill proposes significant changes to how ADM is regulated and
Hong Kong has been steadfast in its mission to combat money laundering and transnational organized crimes. This commitment was prominently highlighted at the recent International Forum on Combating Money Laundering and Transnational Organized Crimes, where experts underscored the significance of
The specter of financial crime looms large over the global economy, and institutions are in a constant race to thwart the sophisticated schemes that criminals devise. Standing at the vanguard of this battle are AMLYZE and Aura Cloud. Their strategic alliance heralds a significant leap forward in
The financial technology sector is combatting an unprecedented uptick in identity fraud, with a 73% rise in such crimes from 2021 to 2023. Advanced AI tools are the double-edged swords exacerbating and combatting this issue, leading to an arms race between fraudsters and financial institutions.
A significant event held in Derry recently aimed to showcase the North West region’s burgeoning potential in addressing universal challenges through regulatory and supervisory technology, commonly known as RegTech. The event was organized collaboratively by Derry City and Strabane District Council,
