BOSTON, MA, June 18, 2024 – Saifr, a compliance solutions provider that uses artificial intelligence (AI) to help firms mitigate regulatory risks, today announced its second year making the Fintech Global AIFintech100 list for 2024.
"Being named to the AIFinTech100 list for the second consecutive year is a testament to Saifr's commitment to transforming the financial services industry through cutting-edge AI solutions," said Vall Herard, CEO of Saifr. "This recognition fuels our drive to continue innovating and delivering unparalleled value to our clients by streamlining compliance processes, reducing risks and enhancing operational efficiency."
FinTech Global’s AIFinTech100 is an annual list featuring the 100 most innovative AI solution providers for financial services worldwide. Selected by a panel of industry experts and analysts, the list serves as a valuable resource for financial institutions seeking to advance their digital transformation efforts and develop new customer propositions.
Companies are chosen for the AIFinTech100 based on various criteria, such as the significance of the problem they solve, financial growth and customer traction, the innovativeness of their AI technology, potential cost savings and efficiency improvements for clients, and the company’s relevance to financial institutions.
In line with Saifr's commitment to AI innovation, the company launched SaifrScreen in May, an AI-powered solution that harnesses publicly available data to identify potential compliance risks within a firm's vendor and client ecosystem. SaifrScreen can serve as a powerful add-on for financial services clients aiming to proactively detect and mitigate fraud risks. Distinguishing itself from other AI-based screening solutions, SaifrScreen leverages both structured and unstructured data to deliver comprehensive insights into stakeholder behavior, further solidifying Saifr's position as a leader in AI-driven compliance solutions.
A full list of the AIFinTech100 and detailed information about each company can be downloaded for free at www.AIFinTech100.com.
About Saifr
Saifr, a RegTech within Fidelity Investment’s innovation incubator, Fidelity Labs, is committed to safeguarding organizations from pervasive AI and regulatory risks. Using intelligent technology that efficiently and effectively navigates complex compliance and regulatory requirements, Saifr helps clients save time, reduce costs, and improve accuracy while protecting the firm. Our advanced, AI-powered risk prevention and management solutions include capabilities for marketing compliance review and adverse media screening and monitoring. Learn more at https://saifr.ai.
