In the News
See how Silent Eight is transforming the financial industry across the globe.
Silent Eight is a technology company which uses advanced AI to create models for banks to help eliminate any financial crimes. Martin Markiewicz, Founder & CEO, Silent Eight, shares more about this and how they have successfully equipped banks in their battle against financial crimes.
Executives from two innovative regtechs, AutoRek and Silent Eight, help us understand why data analytics could be a key FSI focus for the next decade.
ABN Amro (AMS:ABN), a Dutch bank with headquarters in Amsterdam, and Rabobank, a Dutch multinational banking and financial services group, are reportedly working with research platform TNO in order to test technology that allows banking institutions to share data that’s used for identifying financial crime while maintaining customers’ privacy.
AN EXPERT IN FinCrime compliance has warned that the use of artificial intelligence in AML needs to be backed up by a robust understanding of how it works.
As financial institutions push out more digital products focused on speed and convenience, it creates additional points of vulnerability that fraudsters could exploit online. As a result, financial institutions are also expected to stay agile and deploy the latest technologies to protect their customers.
With the increased incidents of online threats and financial crimes, the right protective measures and technologies have to come together to help safeguard users and businesses; Matthew Leaney, Chief Revenue Officer of Silent Eight dives deeper in this chat.
Although the pandemic created more room for collaborative mindsets to move to centre stage, the evolution of ‘association’ has unified regions and businesses for generations. Organisational partnerships are not a new phenomenon, but much like the UK-JPN EPA, payments companies should recognise that they can strengthen their offering with merged know-how if they want to…
Asia has been home to wave of new initiatives in the RegTech space in recent years, and jurisdictions such as Hong Kong and Singapore are pushing hard to take the lead in the space as they seek to combat financial crime and gain a competitive advantage in the field.
Financial crime has risen during the pandemic, with criminal opportunists taking advantage of the unprecedented situation and disruption caused by COVID-19. With the attacks still coming as everyone lives are turned upside down, many are wondering how best to hold back the tide.