Financial institutions
Lucinity, a company that provides AI-powered tools for detecting and investigating financial crime, has expanded its Advisory Council with the appointment of industry leaders Micheal Sheehy and Konstantinos Rizakos. Both Micheal, Chief Compliance Officer at Payoneer, and Konstantinos, Managing Director of Compliance Engineering at Goldman Sachs, bring deep expertise in
Financial services
Despite progress in increasing financial access in Nigeria, millions of adults remain financially excluded, with rural areas and northern regions bearing the brunt of this disparity. The country's fintech boom has brought new digital tools, but adoption is hindered by factors such as poverty, exclusion, and inadequate infrastructure.
Financial services
AML RightSource, the global expert solutions leader in financial crime compliance and third party risk management, has been recognized for the second year in a row in the prestigious FinCrimeTech50 list by FinTech Global. This accolade highlights the company's commitment to developing cutting-edge technologies to help financial institutions
Financial services
The Dubai International Financial Centre (DIFC) and the Mohammed bin Rashid Centre for Leadership Development (MBRCLD) have partnered to launch the Dubai Financial Expert Programme, a six-month intensive training programme designed to cultivate Emirati leaders in the financial sector. The programme aims to enhance the knowledge, skills, and capabilities of
Financial services
Quantiphi, an AI-first digital engineering company, has been included in FinTech Global's DataTech50 for the second consecutive year. This recognition highlights the company's consistent leadership in delivering AI-powered data management solutions to the global financial services industry. With a proven track record of over 2,500
Financial services
As artificial intelligence (AI) becomes increasingly integrated into financial institute business operations, the Government Accountability Office (GAO) has sounded the alarm on the potential risks to data privacy and fairness, including bias in lending decisions and threats to cybersecurity. The GAO report highlights the double-edged nature of AI, which can
Financial institutions
Granite Point Mortgage Trust Inc., a New York-based mortgage lender, announced that Blake Johnson will assume the role of Chief Financial Officer (CFO), effective December 1, 2024. Johnson will join the Company as Deputy CFO on or before October 28, 2024, before taking over as CFO. This appointment comes after
Financial institutions
Industry leaders have warned financial technology (fintech) firms to maintain trust, balance performance, and compliance in a digital age to harness opportunities in the sector. The Financial Institutions Training Centre (FITC) conference highlighted the transformative impact of fintech on the global financial services industry, with stakeholders emphasizing the importance of
Financial institutions
Mashreq, a leading financial institution in the MENA region, has extended its relationship with Oracle Financial Services to support its growth globally. The bank is replacing its core systems with Oracle solutions to modernize, streamline, and enhance its operations in key international hubs, including Hong Kong, the United States, and
