The Role of AI in Anti-Money Laundering
In an increasingly interconnected and globalised world, it is crucial to ensure the safety and integrity of financial systems. One significant threat to the financial sector is money laundering, along with other financial crimes. To address these risks, financial institutions implement compliance measures – a set of rules, procedures, and protocols designed to identify, prevent, […]
Ensuring transparency and accountability in AI-based low-code and no-code solutions
AI is progressively transforming industries by automating business operations, but along with its advancements, concerns about transparency and accountability have emerged. The concept of AI being shrouded in a black box, with obscure decision-making processes and unexplainable outcomes, has raised scepticism among users and regulatory bodies. But is there a way where AI and transparency […]
Streamlining the EU’s Digital Operational Resilience Act (DORA) compliance reporting with AI
The EU’s Digital Operational Resilience Act (DORA) is a regulation that establishes a comprehensive regulatory framework for EU financial entities to enhance their operational resilience in the digital era. DORA aims to ensure that financial institutions can withstand, respond to, and recover from ICT-related disruptions and threats, including cyber threats. It also introduces a direct […]
Enhancing Non-Disclosure Agreement (NDA) Processing with AI Automation
Legal technology is in the process of adopting AI and automation, yielding significant benefits leading to time-saving and cost reduction. With AI algorithms capable of analyzing vast amounts of data within seconds, tasks that would consume days or weeks of lawyers’ time can be accomplished instantly. Automation can perform repetitive tasks like document review and […]
PPA Group Partners with Uhura Solutions to Automate Processing of ESG Reports Using AI
PPA, a leading technology partner for the financial industry, has announced its collaboration with Uhura Solutions, an innovative AI platform specializing in the automated analysis of complex documents. This strategic partnership aims to revolutionize the processing of Environmental, Social, and Governance (ESG) reports by harnessing the power of artificial intelligence. ESG reports play a pivotal […]
Supercharging Supply Chain Management with AI Integration
In the world of supply chain management, ensuring that every step of the process is optimised is crucial to achieving success. Whether it’s inventory management or logistics coordination, every component should be effective and successful. One of the most fascinating advancements in this field in recent times is the integration of artificial intelligence (AI). AI […]
The Future of Automation in the Insurance Industry
The insurance industry has always been at the forefront of adopting new technologies to improve their services. Now, with the rise of automation powered by AI, the industry is undergoing a massive transformation. This is a topic of great interest and debate, with experts predicting significant changes in the way insurance companies operate. According to […]
Uhura Solutions named a Major Player in the latest contract intelligence report: The Impact of New Technology on the Contract Intelligence Market
Uhura Solutions has been recognized as a major player in the latest report on the impact of new technology on the contract intelligence market. The report, titled “The Impact of New Technology on the Contract Intelligence Market: An Expert Perspective (2023-2029)”, provides a comprehensive analysis of the market and its key players. The report highlights […]
How Artificial Intelligence is Revolutionising Mortgage Document Processing
In fast-paced, highly regulated areas like mortgaging, it’s crucial to find ways to streamline tasks without compromising accuracy or regulatory standards. In this article, we’ll look at how machine learning is becoming a game changer in the mortgage document processing space. With the growing complexity of mortgage loans and an increasing number of document types, […]
Artificial intelligence creates new KYC profiling standard
KYC is at the forefront of multiple industries and is a key regulatory requirement across the globe. The inability to prove the relevant checks have been performed is not only a mandatory requirement but the punitive financial implications are extraordinary from not only a financial crime, fraud but increasingly from a regulatory punishment perspective. Could […]
