Compliance remains labor-intensive for financial institutions, which must satisfy multiple regulators and meet extensive documentation requirements. Leela is built to perform much of that work rather than simply provide information. The company is launching with $4.6 million in funding and an AI platform designed to...
Twenty-seven nations are likely to come up with 27 different definitions of vendor risk. The European Union’s member nations are finding that out in real time. And while the long-standing debate around whether equipment from suppliers such as Huawei should sit inside critical communications infrastructure...
The founders of open banking platform Tink have launched a new compliance platform. Freda, which came out of stealth Wednesday (Sept. 23), has its roots in what its founders saw at their former company, CEO Daniel Kjellén said in a LinkedIn post announcing the launch. “At Tink, we’d watched compliance become...
Employees at insurance broker MRH Trowe wanted artificial intelligence to help with their daily work. Teams started trying AI tools on their own. That created a risk for the company. Sensitive client and insurance data could end up in software nobody at the firm controlled....
October 12, 2026
Compliance remains labor-intensive for financial institutions, which must satisfy multiple regulators and meet extensive documentation requirements. Leela is built to perform much of that work rather than simply provide information. The company is launching with $4.6 million in funding and an AI platform designed to execute compliance tasks while keeping humans responsible for consequential decisions. […]
June 25, 2026
Financial crime compliance programs are a game of alerts. Or at least they used to be in the pre-AI era, when compliance teams operated on a linear equation in which...
June 15, 2026
Watch more: The Digital Shift With Flagright’s Baran Ozkan Financial institutions have traditionally treated compliance as a detection problem. And, for years, they’ve put their money where their mouth is....
May 20, 2026
Financial infrastructure rarely becomes visible until it breaks. At Wednesday’s (May 20) House Financial Services Committee hearing on bank-FinTech partnerships, lawmakers, banking and FinTech executives explored a question that has...
September 23, 2026
The founders of open banking platform Tink have launched a new compliance platform. Freda, which came out of stealth Wednesday (Sept. 23), has its roots in what its founders saw at their former company, CEO Daniel Kjellén said in a LinkedIn post announcing the launch. “At Tink, we’d watched compliance become the speed-limiter on growth, innovation, and ambition,” Kjellén wrote. “Every […]
September 06, 2026
American banks are reportedly facing increased pressure to halt financial activity tied to Iran. But as The Wall Street Journal (WSJ) reported Saturday (Sept. 5), uncovering those transactions can be...
July 30, 2026
The Office of the Comptroller of the Currency (OCC) has issued a revised compliance guide for the community bank leverage ratio (CBLR) framework. The updated guide is designed to help community banks understand...
June 28, 2026
The White House is attempting to undo decades of sanctions to halt the Iran war. And this has created a problem for banks as they try to figure out the...
