Artificial Intelligence (AI) has the potential to revolutionize various industries, and one of the most significant areas it can impact is the fight against financial crime. As the world faces increasingly sophisticated money laundering schemes, AI's unique capabilities offer promising solutions to
The intersection of cybersecurity and fintech has become a critical talking point in today’s digital age. With fintech's global surge, understanding how various regions approach cybersecurity to foster fintech growth is essential. A recent study sheds light on this vital relationship, delving into
The evolution of technology has significantly impacted various sectors, and the financial industry is no exception. One area that has seen notable improvements due to tech integration is fraud prevention in lending. This article explores how advancements in technology have bolstered fraud
The Middle East is on the cusp of a financial revolution, thanks to the strategic partnership between UK-based technology company Ondato and Middle East-based Softrobotics. This collaboration aims to enhance the digital payment infrastructure and identity verification processes for financial
Artificial Intelligence (AI) is no longer a futuristic concept—it is a reality reshaping industries across the globe, and fintech is no exception. In 2024, AI's transformative power in fintech is evident from the way it is driving innovation, improving efficiencies, and enabling new business
Visa's recent acquisition of Featurespace, a leader in real-time AI-driven fraud prevention technology, stands as a monumental event in the financial technology (FinTech) industry. The move is not just a testament to Visa’s commitment to securing global transactions but also marks a significant
