Tag: shield

[Shield in Globe Newswire] Shield Partners with Intelligent Voice to Enhance Voice Surveillance Capabilities

TEL AVIV, Israel, May 12, 2022 (GLOBE NEWSWIRE) — Shield (the Company), the world’s leading Workplace Intelligence platform for compliance teams, today announced it will be boosting its voice surveillance capabilities through a partnership with Intelligent Voice, a leading specialist in voice and audio analysis solutions. As global regulators prioritize data management and archiving across both written and voice communications, Shield, through its partnership with Intelligent Voice, is breaking the inefficient silos between text and voice compliance by taking the complex data and analyzing it via its award-winning AI platform that turns communication compliance into a competitive advantage. Read...

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[Shield in Globe Newswire] Following market momentum, Shield expands into North America

TEL-AVIV, Israel and NEW YORK, Feb. 17, 2022 (GLOBE NEWSWIRE) — Shield (the Company), the world’s leading workplace intelligence platform for compliance teams, today announced the opening of its North American Headquarters, led by Anne Ross, Vice President, Head of North America at Shield. As a result of the increasing customer base and market demand, Shield expects to add many different roles in Sales, Marketing, Customer Success, Support and Delivery during 2022. Read...

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[Shield in TechCrunch] Shield bags $15M Series A to address surging demand for its AI-powered communication compliance platform

Over the past two years, since the pandemic hit, there has been a sharp rise in financial crime compliance costs, nearing $50 billion in 2021, up 58% compared to 2019, in the U.S. and Canada. Shield, a Tel Aviv-based startup, built a compliance surveillance platform to enable regulated financial institutions to detect market abuse, gain behavioral analysis, mitigate toxic workplace culture and automate surveillance over employee communication channels. Read...

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[Shield in Globe Newswire] Shield named RegTech Insight Awards – USA’s Best eComms Surveillance Solution

 Shield, the world’s leading Workplace Intelligence platform for compliance teams, today announced it has been selected to the RegTech Insight Awards USA list for 2022, recognizing established solution providers and innovators, for the Best e-Comms Surveillance Solution category. The RegTech Insight Awards honors companies that improve the ability for firms in the financial services industry to effectively respond to the evolving and complex regulatory requirements. Read...

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Newsletter: NASA helps farmers + Quantum takes off

Startup of the Week: Shield Backing Israel’s $375M bet on quantum Space: The new frontier for improved crop harvest SaNOtize anti-Covid spray starts production in Israel Ravin raises $15M and partners with KAR Global BlueGreen steps up to save South Africa’s drinking water InSightec in clinical trial for brain cancer therapy Innoviz brings auto giants closer to self-driving cars Startup of the Week: Shield: Vital RegTech for financial institutions Banks worldwide paid more than $15B in fines in 2020 for breaching financial regulations. “But these regulatory fines – they’re an enormous driver for banks,” Ellison Anne Williams, CEO and founder of Enveil, tells FinTech Futures. “The reputational damage that can come from a fine is significant. In some cases, it can wipe out shareholder value,” says Rachel Woolley, global director of Financial Crime at Fenergo. One of those fines was an enormous $4.5M demand issued to Citigroup by a US regulator related to the deletion of 2.77 million audio files that included trader conversation recordings. The new frontier in regulatory compliance is monitoring employee communications, which remains an unsolved problem...

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