The United Arab Bank has partnered with “Smartble,” a company specializing in regulatory compliance technology and artificial intelligence, to develop and launch “RegPRISM,” an advanced platform for managing regulatory compliance using AI.
Shirish Bideh, the CEO of the bank, stated, “This new system represents a significant transformation in our compliance operations, as it will enable us to proactively and efficiently manage changes in regulatory requirements, enhance monitoring accuracy, reporting, and data analysis by leveraging AI technologies.”