Regulatory Compliance news and trends

Capra Bank CEO Sees Huge Upside for AI and Risk Assessment
artificial intelligence // April 10, 2024

At this point in artificial intelligence’s (AI) relatively brief life, we’ve heard a lot of different angles to the banking story. It has been called a job killer and a job creator. It has established itself as an excellent fraud detection application but needs human...

Archer Adds AI-Driven RegTech Solutions With Compliance.ai Acquisition
artificial intelligence // February 20, 2024

Archer, a provider of risk management solutions, has acquired Compliance.ai, a supplier of artificial intelligence (AI)-driven regulatory change management solutions. This acquisition is expected to empower Archer clients with AI technology to automate monitoring, tracking, reporting and responding to evolving regulations in real time, the companies...

Balancing Innovation, Regulation and Profitability Will Be Key in 2024
Opinion // January 11, 2024

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that have shaped business in 2023. Their responses show critical trendlines to watch in the new year. Charlie Youakim, CEO of...

AI Can Predict the Weather, What About Financial Forecasts?
artificial intelligence // November 15, 2023

Artificial intelligence (AI) transforms how work is organized, allowing organizations to process insights at scale.  Its far-flung applications and everything, everywhere, all-at-once capabilities, that when compared to traditional methods offer huge advancements, have generated enterprise excitement across industries as well as stimulated the broader marketplace. ...

Interviews & Exclusives
Capra Bank CEO Sees Huge Upside for AI and Risk Assessment

April 10, 2024
At this point in artificial intelligence’s (AI) relatively brief life, we’ve heard a lot of different angles to the banking story. It has been called a job killer and a job creator. It has established itself as an excellent fraud detection application but needs human intervention to keep it on track. It even got an […]

Commercial Card Adoption Poised to Rise as Acceptance Costs Decrease

August 22, 2023
Commercial card adoption, long sidelined by businesses because of cost concerns, is experiencing a renewed interest in business-to-business (B2B) transactions. The primary drivers of this change in outlook include today’s...

Credit Unions Keep Open Dialogue With Lawmakers in Wake of Banking Turmoil

May 01, 2023
The suddenness of the Silicon Valley Bank collapse shocked the venture capital and technology communities. When the bank’s massive investment losses caused a significant swath of depositors to withdraw their...

Compliance, Cybersecurity Are Top Challenges Firms Face Paying International Workers

September 09, 2022
Despite skyrocketing growth in international hiring by firms in the United States and the United Kingdom, assembling an international workforce remains a complex undertaking. Hiring international talent often necessitates flawless...

Quick Reads
Norm Ai Raises $27 Million for AI-Powered Regulatory Compliance Platform

June 25, 2024
Norm Ai has raised $27 million in a Series A funding round to expand its artificial intelligence (AI)-powered regulatory compliance platform. With this new capital, the company will continue to expand its platform and grow its client base, Norm Ai said in a Tuesday (June 25) press release. “I’ve been conducting research at the intersection […]

Archer Adds AI-Driven RegTech Solutions With Compliance.ai Acquisition

February 20, 2024
Archer, a provider of risk management solutions, has acquired Compliance.ai, a supplier of artificial intelligence (AI)-driven regulatory change management solutions. This acquisition is expected to empower Archer clients with AI technology...

Binance France Director Resigns, 5th Top Exec to Leave in 4 Months

October 18, 2023
Stéphanie Cabossioras has resigned as the managing director of Binance’s French unit, the latest in a line of leaders to depart the cryptocurrency exchange. Cabossioras, who joined Binance in April...

Revolut Granted Permission to Delay Filing 2022 Accounts

September 19, 2023
British FinTech company Revolut has reportedly been granted permission to delay filing its 2022 accounts for the second consecutive year. The filings were originally due on Sept. 13, but Revolut has received...