In the News

See how Silent Eight is transforming the financial industry across the globe.
News | 2021-01-06
HSBC taps StanChart-backed AI startup for multi-year deal on financial crime

HSBC has signed a deal with artificial intelligence startup Silent Eight to provide anti-financial crime technology for the bank.

Press Release | 2021-01-06
HSBC and Silent Eight Announce Multi-Year Partnership to Fight Financial Crime

New Alert Resolution capability set for implementation within HSBC’s global compliance organization [London, 06 January 2021] Silent Eight today announced a multi-year partnership with HSBC that will support the bank in enhancing its industry-leading compliance operations. A recognized leader in technology innovation, HSBC sought a financial crime partner that could successfully improve its manual processes…

News | 2020-12-09
Silent Eight, and First Solution Management Services: View from the Top

This December, The Fintech Times is asking industry leaders for their ‘View from the Top’ to gain an insight into the decisions behind the last 12-months. Today, we’re looking at the issue of Artificial Intelligence, hearing from Martin Markiewicz, Aheesh Chanda and Moeen Khan on their 2020 thoughts, plus a look ahead to 2021. Will…

News | 2020-11-24
Top 10 AI Startups of Asia 2020

Asia is home to 61% of the world’s population. In terms of Artificial Intelligence (AI), many countries are still in the early stages of development but have a high potential to scale returns.

News | 2020-11-19
Fintech Sees Strong Growth in South East Asia as COVID-19 Skyrockets Digital Adoption

Despite COVID-19 headwinds, Southeast Asia’s digital economy has remained strong and resilient, adding 40 million people into the online space this year.

News | 2020-11-18
Munich Re has agreed to cover Ascent’s clients against regulatory risks and fines

With shrinking profits due to the financial impact of the pandemic and increasing regulatory costs, banks are looking to leverage tech to improve their compliance processes—providing a boon for regtechs, with the global market expected to reach $16 billion in 2025, up from $6.3 billion today.

News | 2020-11-17
South-East Asia Smart-up funding, Nov 2020

As the COVID-19 pandemic intensified in this end of 2020, the South-East Asia startup ecosystem is forced to adapt to meet the changing landscape. However, while the outlook might have seemed grim, many startups were able to find opportunities for growth, especially in online markets.

Insights | 2020-11-12
Making the Case for Ongoing KYC: Why the time for change is now

If you work in financial services then you’re already aware that knowing your customer (KYC) is not just an essential process, it is also a legal requirement.

News | 2020-10-26
Nordic challenger banks and cybersecurity firms were among the 33 FinTech rounds raised last week

These 33 FinTech funding rounds from last week highlight the rise of Scandi challenger banks, the importance of cybersecurity and how competition in the buy now, pay later space is heating up.