AI

Project Hertha demonstrates AI’s potential in detecting financial crime patterns within retail payment systems. Highlights:AI-Powered Detection: The Bank of England’s Project Hertha successfully identified...

AI-Powered Call Assistant Enhances Fraud Detection and Customer SupportHighlights:Real-Time Scam Detection: Westpac’s AI assistant analyzes customer conversations to identify scam indicators and provide...

Spanish banking giant BBVA quadruples its ChatGPT Enterprise licenses, enhancing productivity and AI-driven innovationHighlights:Massive Expansion: BBVA increases ChatGPT Enterprise licenses from 3,300 to...

Former Celsius Network CEO faces prison time for misleading investors and manipulating crypto markets Highlights:Fraudulent Scheme: Mashinsky misled investors about Celsius’s proprietary crypto token,...

The cybersecurity firm aims to enhance risk prioritization and global expansion with fresh investment Highlights:Strategic Growth: Ox Security raises $60M in Series B funding,...

Strengthening Compliance and Security with Advanced AI Identity SolutionsHighlights:AI-Driven Identity Verification: Fourthline’s proprietary AI technology enhances Revolut’s customer onboarding and fraud prevention. Global...

AI-Driven FX Risk Management Enhances Global Treasury EfficiencyHighlights:Advanced AI Forecasting: Barclays adopts Ant International’s Time-Series Transformer (TST) model for precise FX predictions. Cost...