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Are enterprises ready to adopt AI at scale?

CIO

As data is moved between environments, fed into ML models, or leveraged in advanced analytics, considerations around things like security and compliance are top of mind for many. In fact, among surveyed leaders, 74% identified security and compliance risks surrounding AI as one of the biggest barriers to adoption.

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2025 Middle East tech trends: How CIOs will drive innovation with AI

CIO

AI and machine learning are poised to drive innovation across multiple sectors, particularly government, healthcare, and finance. Data sovereignty and the development of local cloud infrastructure will remain top priorities in the region, driven by national strategies aimed at ensuring data security and compliance.

Trends 158
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How Machine Learning is Used in Finance and Banking

Exadel

The banking landscape is constantly changing, and the application of machine learning in banking is arguably still in its early stages. However, banks using AI and ML are quickly going to overtake their competitors. Machine learning solutions are already rooted in the finance and banking industry.

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Top tech trends powering the Middle East’s digital evolution by 2025

CIO

AI and Machine Learning will drive innovation across the government, healthcare, and banking/financial services sectors, strongly focusing on generative AI and ethical regulation. Adopting multi-cloud and hybrid cloud solutions will enhance flexibility and compliance, deepening partnerships with global providers.

Trends 122
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Unlocking the full potential of enterprise AI

CIO

With AI now incorporated into this trail, automation can ensure compliance, trust and accuracy critical factors in any industry, but especially those working with highly sensitive data. Without the necessary guardrails and governance, AI can be harmful. 4] On their own AI and GenAI can deliver value.

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Hawk AI, an anti-money laundering and fraud prevention platform for banks, raises $17M

TechCrunch

Prior to now, Hawk AI had raised $10 million , and with a fresh $17 million in the bank, the company said that it plans to bolster its product development and global expansion plans. Compliance officers need to have transparency over both.” And this is where Hawk AI is setting out its stall.

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Ocrolus lands $80M at a $500M+ valuation to automate document processing for fintechs and banks

TechCrunch

Thomvest Ventures, Mubadala Ventures, Oak HC/FT, FinTech Collective, QED Investors, Bullpen Capital, ValueStream Ventures, Laconia, RiverPark Ventures, Stage II Capital and Cross River Bank also participated in the latest round. And what we did was we built a machine learning-based platform that also incorporates humans,” he said.

Fintech 243