While increased AI implementation across the financial services industry has led to a reduction in customer support employees, the roles ...

FIs must prioritize strong governance and robust data when implementing AI systems to improve anti-money laundering processes. FIs should “start ...

With new threats and expanding regulations making anti-money laundering processes more complex, financial leaders are turning to AI to help. ...

Bank of America has agreed to pay a $7.5 million settlement to the U.S. Securities and Exchange Commission to resolve ...

Fenergo is eliminating thousands of hours spent on compliance and onboarding processes with agentic AI, signaling a shift in the banking industry.   The ...

AI can help reduce fraud attempts and save money through better real-time detection, experts say.  “If banks are losing less money, then they can also trim down their ...

Banking giant SMBC Americas is deploying AI solutions from fintech Fenergo to streamline KYC, AML and client lifecycle management at the $2.1 ...

Fenergo, a global provider of AI-powered client lifecycle management and financial crime compliance technology, has named Hishaam Caramanli as president ...

Digital wallet company Wedge is teaming with Visa to launch a debit card within Visa’s network in the U.S. using ...

Despite the importance bank executives place on innovation, a significant number believe their banks lack the technology to invest in ...