| As organized crime has become more sophisticated, so too must fraud and AML risk management strategies and detection systems. |
| Among the most significant developments of this evolving market is the emergence of fraud and AML detection solutions that provide financial institutions with the ability to optimize the performance of their controls by way of applying advanced analytical techniques to discover, develop, test, deploy, and tune highly customized detection logic and policy administration. |
| Download this Impact Report to explore the evolving market for this fraud and AML detection solutions. You’ll also understand why Aite-Novarica Group named SAS the best-in-class vendor in its appraisal of the ultra-competitive fraud and anti-money laundering (AML) machine learning platform market. |
Aite Matrix: Leading Fraud & AML Machine Learning Platforms
- Xbox’s former COO has ‘serious concerns’ about her abrupt departure
Xbox's former chief operating officer, Helen Chiang, suddenly left Microsoft less than two weeks ago after being promoted into the role in July. I wrote in my Notepad newsletter last week that it seemed very weird for Chiang to suddenly depart Microsoft after 21 years with a surprisingly short memo from Xbox CEO Asha Sharma.
- OpenAI pitches data center power plants as a way to protect nearby areas
In an announcement on Monday, OpenAI says it will pilot its "Grid Protectors Program" at an upcoming data center in Effingham County, Georgia, where the company promises to free up to 1,000 megawatts of power during extreme weather or emergencies, enough to power air conditioners in around 700,000 homes. The announcement comes as opposition to
- The New York Times sues Brave web browser for AI scraping and bypassing paywalls
The New York Times and a group of other publications have filed lawsuits against the company that makes the Brave web browser over alleged unlawful scraping to train AI and also letting users bypass their paywalls, as reported by Reuters. According to a complaint filed by the companies that run New York Daily News, the
- Apple’s ‘Ultra’ smart home robot might have to wait until 2028
Apple has reportedly delayed the launch of its rumored smart home robot until next year at the earliest or possibly even 2028, according to The Information. It says the robot's hardware "has been finished for around two years," but that the software isn't ready. The device's software team has reportedly pushed to delay the launch
- Squarespace is laying off 19 percent of employees
The website-building platform Squarespace is laying off 19 percent of its employees as it works to "simplify" its operations, Squarespace spokesperson Jeff Seedman says in a statement to The Verge. The job cuts will affect around 300 of Squarespace's 1,800 employees. "The changes are intended to simplify how we operate, sharpen our priorities and enable
