In the News

See how Silent Eight is transforming the financial industry across the globe.
Insights | 2020-06-23
AI and Correspondent Banking: De-Risking Doesn’t Need to Mean Goodbye

Correspondent banking represents one of the most vexing dilemmas for financial institutions and those who regulate them. On the one hand, it has long been a key mechanism for integrating developing countries into the global financial system and giving them access to the capital they need. On the other hand, correspondent banking relationships are inherently…

News | 2020-06-12
We will see global champions coming out of Southeast Asia, Wavemaker Partners’ Paul Santos says

In the second episode of Venture Matters TV discussed deep tech startups, the importance of Singapore for the ecosystem, and “zero to one” moments. “Nothing galvanizes like success.” Paul Santos knows what he’s talking about. His firm Wavemaker Partners sold four companies in the past year, creating about USD 400 million in enterprise value. “We…

Press Release | 2020-06-11
Silent Eight recognized among top 12 Fintechs in Aurexia’s Finlab Index 2020

Paris, France:  Aurexia today announced the publication of its first ever “Finlab Index.” The publication highlights 12 financial technology firms from around the world that “offer innovative solutions to support financial services players in their transformation.” Additionally, the index includes only technology solutions with an established global presence. Among the 12 named in the report,…

Insights | 2020-06-01
Artficial Intelligence Still Sounds Scary, Why?

I’ve been working in the financial services space for close to thirty years now, writes Jim Logan, SVP, Regional Sales, US & Latin America, Silent Eight. I’ve seen many trends and technologies emerge. Some take hold, several are just a flash in the pan. Regardless of how long a concept sticks around, one thing remains: Terminology…

News | 2020-05-31
SG-based Silent Eight Launches On-Demand AI that solves KYC alerts to support firms during COVID

Singapore – MAS announced in late April the establishment of an accelerator grant to enable growth in the sector and promote digital innovation in smaller Financial Institutions and Fintechs. The accelerator program supports the adoption of digital tools and system upgrades that facilitate business continuity by offering subsidies of up to 80% for Fintechs and FIs…

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. According to financial insight provider Refinitiv, the number of global cases of financial crime have risen to 1,880,591 as of the end of…

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. Though the numbers continue to rise, with 614 new cases of COVID-19 infection being unveiled just on May 22, the government is planning to further ease restrictions starting next month. On the economic front,…

People & Culture | 2020-05-27
100 Women in Finance adds Silent Eight COO and Co- Founder, Julia Markiewicz, to Annual Listing of 100 Women in Fintech

May 26, 2020, NEW YORK: 100WFinTech, a 100WF global visibility Initiative that elevates the public profile of female FinTech leaders included Silent Eight COO and co-founder, Julia Markiewicz, in its latest listing of female founders in Fintech. The organization enables stronger interconnectivity within the FinTech ecosystem, and aims to inspire the next generation of female…

Awards | 2020-05-20
Silent Eight recognized as Top Provider of Innovative Risk and Compliance Solutions

Silent Eight was recognized by CFO Tech Outlook as a Top 10 Provider of Risk and Compliance Solutions for 2020. This annual directory is comprised of 10 companies that are at the forefront of providing Risk and Compliance solutions and transforming businesses. Full article can be viewed herehttps://financial-risk-and-compliance.cfotechoutlook.com/vendor/silent-eight-ai-in-due-diligence-a-new-era-for-financial-entities-cid-591-mid-64.html