Hawk, a Germany-based provider of AI-driven anti-money laundering (AML), screening, and fraud prevention solutions, has secured US$56 million…

Worldwide spending on GenAI is projected to reach US$644 billion in 2025, marking a 76.4% increase from 2024,…

In 2024, artificial intelligence (AI) venture funding reached a new record, surpassing the US$100 billion mark for the…

Deepfakes have become a rampant issue, impacting multiple business functions and leading to significant financial losses, compliance issues…

Antler Elevate, Antler’s US$285 million Series A+ fund, has reaffirmed its commitment to investing in AI-native startups that…

Switzerland has shared plans to regulate artificial intelligence (AI) by adopting the Council of Europe’s AI Convention and…

Unique, a Zurich-based vertical AI company developing agentic AI solutions for financial firms, has completed its Series A…

Next-generation technologies, including distributed ledger technology (DLT) and artificial intelligence (AI), have the potential to transform global capital…

Growing levels of financial crime and regulatory scrutiny are driving organisations to increase their compliance spending, though many…

Generative artificial intelligence (genAI) is making significant inroads in the financial services industry, with adoption rates and implementation…

Worldpay has announced last week a definitive agreement to acquire Ravelin, a London-based AI-driven fraud prevention platform. The…

Lombard Odier, a private Swiss bank founded in 1796 with US$354 billion in client assets, has embarked on…

UBS has embarked on a digital transformation with Microsoft. The bank aims to leverage its vast data resources…

Artificial intelligence (AI) adoption has increased significantly across organizations and industries over the past years. However, the breadth…

The Swiss Financial Market Supervisory Authority FINMA is publishing its guidance on governance and risk management when using…

The London Stock Exchange Group (LSEG) has partnered with IDVerse to strengthen its digital identity verification services. LSEG…

Jumio, a provider of AI-powered identity verification solutions, has partnered with LatticeFlow AI. The partnership aims to improve…

Artificial intelligence (AI) is taking center stage in banks’ digital transformation plans as financial institutions seek to improve…

SmartStream, a financial transaction management solution provider, has launched version 9 of its Air platform, offering enhanced data…

Whizkey, a global software design and consulting firm, is considering expansion plans in Switzerland. The company is exploring…