Regulatory technology stories - Page 22

Financial firms use predictive AI combined with generative AI to meet FCA Consumer Duty, ensuring compliance and improving customer outcomes efficiently.

Adclear secures GBP £2.1 million to expand its AI-powered platform that automates compliance for major UK financial institutions' marketing content.

Formalize raised EUR €30 million to enhance its compliance tech and expand across Europe, focusing on SMBs facing growing regulatory demands.

DS Compliance appoints Gregory Roberts as CTO to lead AI-driven platform development, enhancing UK and US compliance solutions with advanced NLP expertise.

Finalto has adopted eflow Global's platform to unify trade surveillance and compliance, enhancing oversight and efficiency across global trading activities.

Avalara launches AI tools including Avi and MCP servers to automate global tax compliance, cutting filing times and lowering risks for 43,000 users worldwide.

The UK's new digital ID scheme aims to cut fraud by GBP £1.6bn yearly but faces concerns over inclusion, innovation, and effective implementation from experts.

Credas has launched its Compliance Wallet to reduce duplication and speed up property sector compliance checks with 15 million wallets available at launch.

eflow Global launches AI-powered crypto surveillance in its TZTS platform and expands leadership amid rising regulatory scrutiny and client growth.

i-GENTIC has unveiled GENIE, an AI platform enabling real-time compliance automation for regulated industries like finance and healthcare.

Most financial firms in EMEA admit data resilience gaps six months after DORA, with 96% acknowledging need for improvements to meet new EU rules.

GTreasury launches GSmart AI, an AI platform enhancing CFOs' treasury operations with secure, compliant insights and automation in volatile markets.

Geoficiency appoints Olivier Cornet as UK Country Manager to drive expansion, aiding firms with compliance under 'UK SOX' and ECCTA regulations in London.

Pure Global appoints Ran Chen as CTO to advance AI-driven regulatory automation, aiming to cut costly delays for medical device manufacturers worldwide.

New research reveals UK and US financial firms face increased compliance risks due to fragmented data management and rising regulatory demands.

As corporate banking undergoes a digital transformation, real-time KYC processes powered by Corporate Digital Identity are set to significantly enhance operational efficiency.

The future of financial crime prevention is being reshaped by AI and quantum computing, presenting both opportunities and risks, says Efficient Frontiers International.

A recent ISACA report reveals that privacy professionals face soaring stress levels due to budget cuts and regulatory pressures, with 63% feeling more stressed than five years ago.

XChain has launched its transaction monitoring services for Virtual Asset Service Providers in the UAE, enhancing compliance and risk management in the sector.

REGnosys has open-sourced its regulatory language Rune to FINOS, aiming to streamline compliance and reduce UK banks' annual reporting costs of up to GBP £4.5 billion.