VoxSmart Blog

Keep up to date with the latest news, events and insights reshaping the future of finance.

FEATURED

Why Surveillance is Still Exciting - Looking back at a Decade

As 2024 wraps up, VoxSmart reflects on over a decade of redefining surveillance, evolving it from a compliance necessity to a powerful commercial tool. At the recent XLod conference in London, the spotlight was on surveillance’s growing role in efficiency and revenue generation, particularly with real-time voice transcription. This technology now helps banks track client interactions, missed opportunities, and mitigate risks, offering insights that drive revenue and trust. With the market finally catching up, VoxSmart is poised to lead this shift, making surveillance a key driver of success in modern finance.
Oliver Blower
November 18, 2024
Read post

No signs watchdogs will quit messaging crackdown for Lent

We couldn’t even reach Shrove Tuesday this year before news of another significant round of messaging-related penalties hit the headlines. The Securities and Exchange Commission (SEC) handed out $81m worth of penalties to 16 financial institutions.
Oliver Blower
February 20, 2024
Read post

Financial institutions may need to think outside the (x)box to catch insider trading

Over the last few months, we have witnessed a flurry of insider trading allegations and convictions. One of the most recent came on January 11, when US attorneys announced the guilty pleas of former Goldman Sachs and Blackstone Group employee Anthony Viggiano, who admitted to tipping off close friends about a series of large deals, including a $2.2bn investment by the private-equity group into insurer AIG.
Oliver Blower
February 12, 2024
Read post

Block stock and barrel: alt trading full comms oversight now a must

Block trading, whereby an investment bank privately trades a large batch of shares of a given company, has not been immune to criticism over recent decades. Much of the negativity surrounding block trading is routed in its inherent lack of transparency, which leaves the practice open to an elevated risk of insider trading and market abuse....
Oliver Blower
January 25, 2024
Read post

Beware of ‘AI washing’ as banking use cases emerge

By now you are of course well aware of the phrase ‘greenwashing’, but beware: there is a new term in town. Last month, Chair of the Securities and Exchange Commission Gary Gensler publicly warned businesses against ‘AI washing’, whereby firms make false claims over their use of artificial intelligence in much the same way others have over their unfounded sustainability assertions. The warning comes after the Federal Trade Commission in February cautioned companies that it would be on the lookout for bogus AI claims.
Oliver Blower
January 17, 2024
Read post