Distil Networks

Fighting money laundering is a complicated task with substantial costs and risks, including—but not limited to—regulatory, reputational, and financial crime risks. Money laundering can be difficult to track, with many false alerts making detection even more challenging. But new technology, such as artificial intelligence (AI) and big data, can increase detection rates and keep your firm safe.

Many companies supply goods, loans, and services based on business and trade credit, either invoicing customers for payment at a later date or providing B2B loans. Business credit risk management assists companies with lending decisions based on a client’s financial health as well as other parameters that may indicate how likely they are to pay on time. Providing the right amount of credit will reduce the risk of late payments or defaults, which expose the vendor to financial risk.

Credit scoring is a statistical analysis performed by lenders and financial institutions to assess a person’s creditworthiness for mortgages, credit cards, and private loans. Credit scoring is used by lenders to decide whether to extend or deny credit.
Traditionally, a person’s credit score determined by credit bureaus is a number between 300 and 850 with 850 being the highest credit rating possible. As new types of lenders and insurers emerge, however, the traditional credit score becomes just one parameter joined with a large variety of alternative data that helps determine a person’s creditworthiness. 

A cybersecurity posture is essentially the total procedures, policies, and services that an organization uses to defend itself from cyber attack. Companies evaluate their security risk then develop policies, employee training procedures, and, if they have the resources, malware, virus, and other threat detection services, focusing on their most vulnerable assets.

In short, a cybersecurity posture describes an organization’s cyber threat readiness and identifies areas where this readiness can be improved.

MFA stands for multi-factor authentication. It refers to the use of more than one means of identification to access a secure software system. Usually, MFA security uses a combination of traditional security measures, like keycards and passwords, and biometric measures, like retinal scans.

A subset of MFA security, which uses two, three, or more authentication measures, 2FA security uses two.

Whether for vehicles, industrial equipment, or mental health conditions, diagnosis is crucial to resolving problems but very difficult to do remotely. Thankfully, however, new advances in technology and artificial intelligence have made remote diagnostics possible.

A smart city is a city whose infrastructure and services have the ability to collect and share data. Smart cities data, therefore, refers to the data that make up or are generated by smart cities.

V2X Technology uses wireless devices in vehicles and other objects to integrate internal and external data in real time via machine learning programs to improve road safety

Warehouse management systems run machine learning software to maintain a warehouse or distribution center (or a fleet of them).