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Artificial intelligence is a double agent in cybersecurity. On one hand, it augments defenders with speed, scale, and precision that no human team can match. On the other hand, it arms attackers with tools to launch scams, hacks, and frauds that are disturbingly convincing.
Joanna Frendo won Chief Compliance & Risk Officer of the Year at the Women in Forex awards, recognising her leadership in compliance, fraud prevention, and innovation, especially recently focusing on scaling operations in the UAE.
Rakshit Choudhary, Deriv’s CEO shares his point of view on the companies’s newly obtained SCA license and what this means for the growth of the company.
Deriv, global online trading company, has announced new market expansion of its operations in the UAE with the launch of newly formed subsidiary, Deriv Capital Contracts & Currencies L.L.C., under licence from the UAE Securities and Commodities Authority (SCA).
Deriv, one of the leading names in the online trading sector, has recently announced the establishment of its new regulated hub, Deriv Capital Contracts & Currencies L.L.C, in the UAE.
Fintech trading platform Deriv has secured a license to operate in the U.A.E. from the Securities and Commodities Authority on Wednesday, as per an official press release by the company.
Financial access remains unequal worldwide, with over a billion people lacking reliable banking. Peer-to-peer platforms encourage direct, flexible financial interactions and empower underserved communities.
Derek Swift of Deriv highlights how AI has made online scams more sophisticated, targeting user behaviour and trust. Deriv combats this with multi-factor authentication, strict on-platform communication, and AI-driven fraud detection.
Deriv recognised the need to modernise its QA processes to keep pace. Deriv deployed Octomind to reduce test maintenance, aid non-technical team members with automation, and build a scalable, resilient QA framework to align with modern development cycles.
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