New Guidance From CFPB and Others Seeks to Tackle Bias in AI Tools in Financial Services
Emerging technologies help companies compete and scale, while providing consumers with speedy access to innovative or safer products. And there’s ...
Tag: Machine Learning
Banking the Unbanked Carries Risk (That AI Modeling Can Mitigate)
Increasing financial inclusion can advance numerous UN Sustainable Development Goals and improve equity worldwide. But doing so is risky for ...
Ankura Acquires Noragh Analytics to Expand Advanced Data Capabilities
Ankura Consulting Group, a global expert services and advisory firm, has acquired Noragh Analytics. Terms of the deal between the ...
Teren, Formerly SolSpec, Raises $4M to Help Target Geospatial Data, ESG Markets
Teren, formerly SolSpec, has announced $4 million in seed funding led by Allos Ventures, as well as formally rebranding to ...
How Compliance Professionals Should Shape AI Regulations in Finance
Some make it seem like automating compliance functions is a question of do or die. But if anyone hopes to ...
Machine Learning Governance in Financial Services: A New Perspective on Core Principles
Financial institutions can leverage machine learning to make an array of functions faster, more accurate and more efficient. But deployment ...
Proofpoint Introduces NexusAI for Compliance
Newest solution leverages machine learning to cut false positives by 65 percent while significantly reducing reviewer fatigue and deployment time ...
Financial Services Compliance in 2021
Behavox CEO Erkin Adylov unpacks compliance trends that financial firms would be wise to focus on amidst the ongoing challenge ...
Adverse Media Screening: Relying on Google Alone Can Expose Organizations to Risk
Regulatory agencies around the world emphasize the importance of mitigating risks through adverse media screening. In fact, screening for negative ...
Technology Enhancements to the QuantaVerse Financial Crime Platform Extend its Lead in AML Innovation
Wayne, PA (January 5, 2021) – QuantaVerse, which uses AI and machine learning to automate financial crime identification and investigations, finished 2020 well-positioned for ...
AI Compliance Oversight is Here… and So Are Next-Gen Compliance Officers
Most financial institutions are already on the path to using artificial intelligence in markets surveillance. NICE Actimize’s David Ackerman explores ...
Reporting from the International Compliance Congress
Fresh from the IFCA’s first International Compliance Congress, Sofia El Mansouri offers an overview of the event’s theme and select ...
