In the News

See how Silent Eight is transforming the financial industry across the globe.
News | 2020-05-29
COVID-related financial crime nears two million global cases, but AI could help

As the pandemic first spread across the globe, it left behind a trail of financial trauma, enticing financial and cyber criminals to crawl out of the woodwork to capitalize on the damage.

News | 2020-05-29
Silent Eight Uses AI to Fight Financial Crime

COVID-19 continues to spread in Singapore with now more than 30,400 confirmed cases and over 20 deaths, according to the latest data from the John Hopkins University.

News | 2020-04-29
Silent Eight: AI in Due Diligence: A New Era for Financial Entities

Being at the core of Anti-Money Laundering (AML) and Know Your Customer (KYC) initiatives, customer due diligence (CDD) processes help banks and financial institutions verify their customers and reduce risk factors associated with any transaction. However, some rudimentary challenges emerge during the CDD process owing to data quality, the lack of a centralized KYC database, and complete reliance on the human workforce. Also, financial entities need to adhere to multiple regulatory requirements that demand a varying amount of documentation. Maintaining such a wide range of documents manually is strenuous, time-consuming, and prone to human-induced errors, which often hampers the fiscal stability of an organization.

News | 2019-11-14
Standard Chartered Invests in RegTech Startup Silent Eight

Standard Chartered’s innovation, fintech and ventures unit, SC Ventures, has participated in a Series A funding round for regtech Silent Eight.

News | 2019-11-14
Regtech Startup Silent Eight Raises $6.2M in Oversubscribed Series A Round

SINGAPORE-HEADQUARTERED regulatory technology (regtech) startup Silent Eight has raised an oversubscribed US$6.2 million Series A round, it said on Wednesday.

News | 2019-08-28
ADGM Launches FinTech Awards and Prizes for MENA FinTech Community as Part of FinTech Abu Dhabi 2019

News | 2019-03-29
Big banks are using AI to keep out of trouble

News | 2018-07-10
Standared Chartered Partners with Silent Eight to Tackle Financial Crimes

British banking company Standard Chartered has partnered with Singapore based regtech Silent Eight to tackle financial crimes.

News | 2018-07-10
Silent Eight Speaks up for Standard Chartered’s Regtech

News | 2018-05-23
When Small Startups Take on Big Data

Big data analytics startups combine deep domain knowledge with cutting-edge artificial intelligence to help companies as diverse as banks and shipping firms solve complex problems.