Tagged: bae systems

SymphonyAI Expands Enterprise AI Financial Vertical Strategy via Key Acquisition

July 13, 2022 @ 9:15 pm By Omar Faridi |

SymphonyAI, which claims to be a leader in “high-value” enterprise AI SaaS for strategic industries, announced it is acquiring financial crime detection firm NetReveal from BAE Systems. This acquisition marks “a significant step in SymphonyAI’s expansion strategy within the financial vertical.” Today’s banking regulatory landscape… Read More

Read more in: Fintech, Artificial Intelligence | Tagged acquisition, ai, artificial intelligence, bae systems, financial crime, saas, software as a service

Nearly 75% of Financial Institutions in US, UK Reveal there’s an Increase in Cybercrime Following COVID Outbreak: Report

April 29, 2021 @ 8:35 am By Omar Faridi |

Almost three-quarters or 75% of financial institutions have reported an increase in cybercrime activities since the Covid-19 outbreak (around February 2020), according to a survey released by BAE Systems. The survey of 902 banking institutions and insurance providers, based in the US and the UK,… Read More

Read more in: Fintech, General News, Global | Tagged bae systems, coronavirus, covid-19, cybercrime, cybercriminals, financial crime, fraudulent activities, internet security, online security, research, Research Report, survey, survey report, uk, united kingdom, united states, us