Nearly 100 Crypto ETFs Are Waiting for SEC Approval
The 92 cryptocurrency exchange-traded funds awaiting approval from the SEC will test the depth of investor appetite for more specialized digital assets. Following the success of bitcoin and ether ETFs launched last year, crypto firms are betting that investors will show similar interest in lesser-known entities such as Avalanche and Litecoin. Whether the demand materializes […]
DataVisor Aims to Use AI to Optimize SAR Filings
When a financial institution detects potential criminal activity, it is required to file a suspicious activity report (SAR) with Financial Crimes Enforcement Network (FinCEN). Tracking these incidents is critical in the fight against fraud, but preparing and filing SARs if often a time-consuming process. To help streamline this effort, a reporting solution from DataVisor is […]
DFAST Tests Indicate U.S. Financial Institutions Are Braced for an Economic Downturn
Since the 2007-08 financial crisis, all U.S. banks that have been categorized as systemically important have been required to undergo annual stress tests. These tests were detailed under the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was passed after the recession, and have become colloquially known as the DFAST tests. This objective of […]