Malaysia’s banking industry is accelerating the use of artificial intelligence (AI) to strengthen compliance, risk management ...

Malaysia's banking industry is accelerating the use of artificial intelligence (AI) to strengthen compliance, risk management and fraud detection.

AML/KYC systems are costly, intrusive, and largely ineffective globally.Compliance prioritises process over actually stopping criminal flows.Citizens ...

The FCA’s annual report sets out how it has used data and technology to crack down on harm in financial services. Over 1,600 websites suspected of promoting financial services without permission were ...

Founders must address these gaps not merely as a matter of prudence but also as essential aspects that impact long-term ...

FRANKFURT (Reuters) -Germany's financial watchdog BaFin has imposed its largest-ever fine of 45 million euros ($52.5 million) ...

Two recent developments signal that momentum is building in Washington to recalibrate Bank Secrecy Act (BSA) reporting to produce ...

Unlike conventional automation that merely executes predefined steps, or generative AI that produces information on demand, Agentic AI represents an entirely new class of intelligence — one capable of ...

Germany’s financial watchdog BaFin has imposed a record €45 million fine on JPMorgan Chase for shortcomings in its anti-money ...

This sharp increase in fines suggests that solid operations budgets and business as usual is not enough to safeguard ...

Alpha Ladder Group Pte. Ltd. (ALG), Singapore's digital green group and parent company of MetaComp Pte Ltd (MPI ...

Amid escalating financial crime rates, the Asian Institute of Chartered Bankers (AICB) and its Compliance Officers' ...