The Financial system of China is under stress facing growing economic instability, and failure to meet payment obligations amid rising shadow banking threats.
Latin American startups, despite declining venture capital, have boosted banking penetration through fintech innovation, reshaping the LATAM financial sector.
Financial firms invest in AI and automation to tackle data breach costs and regulatory challenges as data breach costs soar, averaging $5.9M per data breach.
FCA, the financial regulatory body in the UK, has raised concerns about the increase in the cases of fraudsters pretending to be the FCA, especially since 2021.
Surecomp, a leading player in the trade finance industry, and Pelican AI, a global provider of AI-driven financial crime and compliance solutions, have announced a strategic partnership.
