41 min
Innovation meets regulation: How Israeli tech is shaping financial compliance Inside Israeli Innovation
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- Technology
This week on Inside Israeli Innovation, Maayan Hoffman explores the latest trends in cybersecurity in Israel against the backdrop of Cybertech Global Tel Aviv. Then, she talks to an organization helping small businesses navigate crises and build economic resilience. Finally, she dives into an interview with an Israeli company aiding financial institutions with communication compliance for transparency and investor protection.
Cyber Industry
Despite facing a funding challenge, the cyber sector, as revealed in a study by Cybertech Global and IVC, continues to lead Israel's high-tech industry. The report disclosed that cyber exits in 2023 reached an impressive $7.1 billion. However, funding for cyber companies experienced a dip to $2.38 billion, the lowest in five years.
Ogen: Transformative Impact
Sagi Balasha, the CEO of Ogen, a social lending enterprise, shares heartwarming stories of how the organization's interest-free or low-interest loans have transformed the lives of low- and middle-income Israelis. These loans have not only aided in their recovery but also paved the way for their prosperity. The organization has set an ambitious $100 million goal for its Emergency War Relief Fund to assist 250,000 Israelis, including farmers, reserve soldiers, and small businesses.
Shield: Compliance Monitoring
Regulations require financial institutions to monitor employee communication for legal and ethical compliance. Shield is using artificial intelligence and natural language processing to analyze human communication and detect anomalies or policy violations. And, according to its founder, Shiran Weitzman, this is only the beginning. He predicts a future where companies must monitor employee communications beyond financial compliance, including sexual harassment and bullying. How do employees feel about this? Tune in to find out.
This week on Inside Israeli Innovation, Maayan Hoffman explores the latest trends in cybersecurity in Israel against the backdrop of Cybertech Global Tel Aviv. Then, she talks to an organization helping small businesses navigate crises and build economic resilience. Finally, she dives into an interview with an Israeli company aiding financial institutions with communication compliance for transparency and investor protection.
Cyber Industry
Despite facing a funding challenge, the cyber sector, as revealed in a study by Cybertech Global and IVC, continues to lead Israel's high-tech industry. The report disclosed that cyber exits in 2023 reached an impressive $7.1 billion. However, funding for cyber companies experienced a dip to $2.38 billion, the lowest in five years.
Ogen: Transformative Impact
Sagi Balasha, the CEO of Ogen, a social lending enterprise, shares heartwarming stories of how the organization's interest-free or low-interest loans have transformed the lives of low- and middle-income Israelis. These loans have not only aided in their recovery but also paved the way for their prosperity. The organization has set an ambitious $100 million goal for its Emergency War Relief Fund to assist 250,000 Israelis, including farmers, reserve soldiers, and small businesses.
Shield: Compliance Monitoring
Regulations require financial institutions to monitor employee communication for legal and ethical compliance. Shield is using artificial intelligence and natural language processing to analyze human communication and detect anomalies or policy violations. And, according to its founder, Shiran Weitzman, this is only the beginning. He predicts a future where companies must monitor employee communications beyond financial compliance, including sexual harassment and bullying. How do employees feel about this? Tune in to find out.
41 min