Category: Uncategorized

Singapore Bank Uses AI-based AML Screening Project

Singapore-based OCBC Bank has unveiled plans to use artificial intelligence (AI) and machine learning, as part of its efforts to reduce financial crimes. The bank intends to deploy these technologies to deal with the increasing scale and complexity of anti-money laundering (AML) monitoring, in addition to increasing the bank’s operational efficiency and accuracy in the […]


Luxembourg To Launch Digital Skills Bridge Project in 2018

Luxembourg does not want to leave anyone behind in the digitisation of work which is why it will launch a digital skills bridge programme in 2018. According to employment minister Nicolas Schmit, speaking at the logistics cluster robotics and artificial intelligence change conference at the chamber of commerce on Tuesday, the project aims to identify jobs […]


Cyber Security Chief Warns Against Russian Anti-Virus Software

Britain’s cybersecurity agency has told government departments not to use antivirus software from Moscow-based firm Kaspersky Lab amid concerns about Russian snooping. Ciaran Martin, head of the National Cyber Security Centre, said “Russia is acting against the U.K.’s national interest in cyberspace.” In a letter dated Friday to civil service chiefs, he said Russia seeks […]


Cyber Discovery Program Launches in UK schools

A joint consortium led by the Department for Digital, Culture, Media and Sport is seeking to enroll school pupils into a cyber security programme that is to be launched in schools across the UK. The initiative called ‘Cyber Discovery’ aims to ‘find the next generation of cyber security talent. With some £20 million worth of […]


National Risk Assessment on Money Laundering and Terrorist Financing 2017

The 2017 national risk assessment (NRA) is the second comprehensive assessment of money laundering and terrorist financing risk in the UK. This 2017 assessment, jointly published by the Treasury and the Home Office, shows how our understanding of and response to money laundering and terrorist financing have developed since the first assessment in 2015. The key […]

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