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Quantexa raises $153M to build out AI-based big data tools to track risk and run investigations

TechCrunch

“The Financial crisis [of 2007] was a tipping point in terms of how financial services companies became more proactive, and I’d say that the pandemic has been a turning point around other sectors like healthcare in how to become more proactive,” Marria said. “To do that you need more data and insights.”

Big Data 257
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Loyalty vs. Tenure | N2Growth Blog

N2Growth Blog

You see tenure is not synonymous with loyalty, but rather is more often a measure of compliance and survival. The mandates for compliance along with the accompanying maze of bureaucratic processes and procedures, will often take precedence over doing the right thing.

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Payall lands $10M in a16z-led seed round to help banks facilitate more cross-border payments

TechCrunch

And I can’t highlight that enough, because this category is considered high risk by regulators and by compliance officers,” Palmer told TechCrunch. . One of the big things that we learned is that a lot of it is actually a compliance problem, more than a movement of money problem, when it comes to cross border payments.

Banking 229
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Strac plugs into Slack, OneDrive and more to automatically redact sensitive info

TechCrunch

Incompatible clauses and high compliance costs make doing business across the country a tougher proposition than it once was. “Accepting that many of these behavioral changes are here to stay, business leaders are looking for solutions to manage the security and compliance risk that comes with these new norms.

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Drinking the Talent Kool-Aid | N2Growth Blog

N2Growth Blog

If recruiting, training and development is being charged to a mid-level manager whose real domain expertise lies in administration and compliance then talent will likely become your largest contingent liability as opposed to your biggest asset. I would encourage you to read a previous post on “ Workforce Reduction.&#

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Regulatory scrutiny is good for the future of software

TechCrunch

To understand what I mean, let’s look at the global financial crisis of 2007-2008 and the ensuing regulation of the financial services industry. Banks were forced to respond by making new and significant investments in risk and compliance management systems.

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The Disconnected Leader | N2Growth Blog

N2Growth Blog

Moreover, in today’s litigious and compliance oriented world where the CEO is no longer out of reach, it’s just plain smart to take a more hands on approach. If your CMO is making all of your brand decisions there will be h*ll to pay down the road.