financial sector – The News Desk

Marit Rødevand, CEO at Strise, in the company HQ.Strise / Andreas Turau The Norwegian anti-money laundering (AML) software company Strise received on September 25th, the Oslo Innovation Award at the opening Ceremony of Oslo Innovation Week, in acknowledgment of their achievement in developing cutting-edge AI tools that help catch financial criminals quicker and reestablish trust in financial institutions. Financial crimes such as frauds are on the rise and as organised crime infiltrate in society, authorities consider it a threat to national security in many countries. The Western world is now as well implementing the eleventh sanctions package against Russia. “This award is a tribute to our amazing team (...). We have created something that solves significant issues for regulated in...

CHENNAI: Public sector Indian Bank on Saturday announced roll out of 'IB SAATHI' initiative aimed at providing an integrated ecosystem for all stakeholders in the financial sector through the business correspondent route.The IB Sustainable Access and Aligning Technology for Holistic Inclusion (SAATHI) offers an enhanced user experience through the simplified delivery of services, encompassing both basic and value-added offerings to customers.The bank's Managing Director and CEO S L Jain launched the initiative at their corporate office here, a press release said.Indian Bank, with the launch of the scheme, seeks to provide basic banking services at all centres for a minimum of four hours per day at fixed branches while the Banking Correspondents would extend their services directly at the ...

Tag: financial sector

This AI Powered Norwegian Startup Redefines Anti-Money Laundering Tracking For The Financial Sector

Indian Bank unveils ‘IB SAATHI’ to enhance banking services