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Asia could account for almost half of global fintech transactions by the end of the year as it continues to outpace other regions, according to recently published research.
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Crunchbase is getting an AI-powered makeover, moving away from historical company data towards predictive intelligence that it says will help users forecast with unerring accuracy how private firms are set to grow, what their funding rounds will look like, and future acquisitions.
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The US Securities and Exchange Commission has created a Cyber and Emerging Technologies Unit (CETU) to focus on combatting cyber-related misconduct and to protect retail investors from hackers and the misuse of AI.
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Growing levels of financial crime and regulatory scrutiny are forcing organisations to step up spending on compliance, but they are less sold on AI as the standalone solution, according to a global survey of risk and compliance officers by LSEG Risk Intelligence.
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This move is meant to strengthen the company''s position in the market and expand in the financial services sector.
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