Connect with us

Technology

CloudMile and Tookitaki Sign MoU to Strengthen AI-Driven Financial Crime Prevention in Malaysia

Published

on

KUALA LUMPUR, Malaysia, July 15, 2026 /PRNewswire/ — CloudMile, an established AI and cloud service provider in Asia, has signed a Memorandum of Understanding (MoU) with Tookitaki, a global pioneer in anti-money laundering (AML) and transaction fraud prevention, to jointly advance secure, AI-driven financial crime prevention capabilities for Malaysia’s financial services industry.

The agreement marks a shared commitment to support Malaysian financial institutions in defending against increasingly sophisticated, real-time financial crime by combining Tookitaki’s AI-driven detection technology with CloudMile’s expertise in secure cloud architecture, AI-ready deployment, and implementation for regulated industries.

As fraud accelerates, legacy defenses struggle to keep pace

With the rapid adoption of digital banking and instant payment rails such as DuitNow, financial fraud in Malaysia now moves in milliseconds. Mule accounts and complex fraud networks have become one of the most pressing challenges facing Malaysian banks, with illicit funds passing through layers of accounts before traditional systems can respond effectively.

At the same time, Bank Negara Malaysia (BNM) continues to raise regulatory expectations through updated anti-money laundering and financial crime frameworks. Traditional rule-based legacy systems, which flag thousands of false alerts, can no longer keep pace. Financial institutions need real-time, AI-driven and secure technology that detects multi-channel fraud before losses occur.

An integrated collaboration built on complementary strengths

CloudMile and Tookitaki are combining their strengths into a single, unified AI-driven financial crime prevention ecosystem.

CloudMile plays a key role in designing and implementing the secure cloud architecture that enables Tookitaki’s AI-driven financial crime detection capabilities to be deployed for regulated financial institutions. By combining its cloud infrastructure expertise with AI-ready deployment architecture, CloudMile helps Malaysian financial institutions modernize fraud detection with the scalability, reliability, and security required to support real-time financial crime prevention.

Tookitaki provides the detection engine through its flagship platform FinCense. Powered by Collaborative Intelligence, Tookitaki’s Anti-Financial Crime (AFC) Ecosystem enables compliance experts worldwide to share emerging financial crime typologies, so banks can deploy defenses against new fraud patterns in hours rather than months. According to Tookitaki’s internal data and customer case studies, FinCense’s Explainable AI has delivered a 50% reduction in false alerts and a 45% improvement in fraud detection cost efficiency for financial institutions.

Through the collaboration, CloudMile and Tookitaki aim to support Malaysian financial institutions in evaluating AI-driven approaches to financial crime prevention, with a focus on improving the identification of mule account networks, enhancing alert investigation efficiency, and strengthening responsiveness to emerging fraud typologies.

A shared commitment to Malaysia’s financial crime prevention ecosystem

Under the MoU, both parties will collaborate on joint solution development, go-to-market initiatives, and knowledge sharing for Malaysia’s financial services sector, with a focus on helping local institutions strengthen financial crime defenses while meeting regulatory requirements on security, resilience, and operational governance.

“As Malaysia’s financial services sector accelerates digital transformation, financial institutions need more than standalone fraud detection tools. They need a secure, scalable, and AI-ready cloud architecture that can support real-time financial crime prevention while meeting the reliability and security expectations of the banking industry. “CloudMile and Tookitaki have forged a strategic alliance combining local deployment accountability, specialized AML application capability, and secure cloud-native infrastructure to revolutionize financial crime compliance for high-growth digital ecosystems. This unified partnership is essential to deliver a complete, regulator-ready AML platform, seamlessly bridging Tookitaki’s proven FinCense detection engine and AWS’s resilient cloud foundation with CloudMile’s on-the-ground AI CCOE capabilities systems integration and local managed operations”

“Financial crime is a network problem criminals move across institutions, and no single organization can fight it alone. That’s why intelligence has to be collective, and controls have to be deployable. Our partnership with CloudMile solves exactly that: Tookitaki brings the ecosystem intelligence and detection capabilities, CloudMile brings the secure cloud infrastructure to deploy them. Together, Malaysian financial institutions get a smarter control environment — one that can adapt as threats evolve, not just react after the fact.” said Abhishek Chatterjee, Founder and CEO, Tookitaki

Exclusive executive briefing for FSI leaders

To mark the partnership, CloudMile and Tookitaki will co-host an invite-only executive briefing in Kuala Lumpur for C-suite leaders across Malaysia’s financial services industry. The briefing will explore how financial institutions can move from rule-based alert handling to real-time, AI-driven detection, covering regulatory expectations, secure cloud and AI deployment architecture, and approaches to reduce false alerts while strengthening long-term financial crime prevention resilience.

About CloudMile Group

CloudMile Group is a leading AI technology group in Asia, integrating core capabilities in AI, Security, and FinOps. It provides comprehensive solutions spanning data governance, cloud operational efficiency, and security resilience, helping enterprises accelerate transformation in the AI-driven era. As a multinational group focused on talent development and innovation, it offers customized services through its technical brand, CloudMile, and its strategic consultancy brand, Electrum Cloud. Dual-headquartered in Taiwan and Singapore, CloudMile serves over 1,400 enterprises across Taiwan region, Hong Kong SAR, Singapore, Malaysia, the Philippines, Indonesia, and Vietnam.

For more information, please visit https://cloudmile.ai/en

About Tookitaki

Tookitaki is a financial crime intelligence ecosystem, helping financial institutions detect, prevent, and stay ahead of emerging threats through collective intelligence and deployable controls.

Powered by the AFC Ecosystem and FinCense platform, Tookitaki turns typology intelligence and risk patterns into controls that institutions can test, tune, and adapt — enabling teams to identify threats sooner, reduce false positives, and respond with greater confidence.

Trusted by leading financial institutions across Asia Pacific — including AEON Bank, UOB, Tencent, GXS Bank, GCash, Maya, Tyro Payments, and Fubon Bank — Tookitaki brings ecosystem-level intelligence to institutions that can no longer afford to fight a network problem alone.

For more information, visit www.tookitaki.com.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/cloudmile-and-tookitaki-sign-mou-to-strengthen-ai-driven-financial-crime-prevention-in-malaysia-302825784.html

SOURCE CloudMile

Continue Reading

Technology

PhoenixAI Joins Cloudera as a Foundational Database Partner

Published

on

By

PhoenixAI Cloud database engine to be available on Cloudera Anywhere Cloud ™ Marketplace, bringing sub-second real-time analytics and agentic AI workloads to Cloudera’s user base.

MENLO PARK, Calif., Sept. 24, 2026 /PRNewswire/ — PhoenixAI, the Agentic AI Database, today announced a strategic partnership with Cloudera, the only company bringing AI to data anywhere. PhoenixAI is joining as a foundational data partner for Cloudera’s newly launched hybrid data and AI platform, and Cloudera Anywhere Cloud Marketplace. Through this partnership, enterprise customers can deploy PhoenixAI’s high-performance cloud database engine directly within Cloudera’s secure private and public cloud environments.

As organizations accelerate their adoption of autonomous AI agents and real-time decision-making systems, access to fresh, sub-second enterprise data is critical. PhoenixAI’s inclusion in Cloudera’s private and sovereign infrastructure offering delivers an AI-native database foundation designed specifically for high-concurrency, low-latency workloads while adhering to strict enterprise governance and data sovereignty mandates.

Speed, Reduced Complexity, and Enhanced Security

By making PhoenixAI natively available within Cloudera’s ecosystem, the joint solution delivers three core advantages to enterprise engineering and data teams:

Sub-Second Speed at Scale: PhoenixAI delivers sub-second SQL query performance across live streaming data and historical lakehouse formats, sustaining high concurrency without performance degradation.

Radically Reduced Complexity: Customers can instantly spin up a managed database cluster in a couple of clicks via the Cloudera Anywhere Cloud Marketplace. PhoenixAI queries real-time and lakehouse data in place—eliminating mandatory data denormalization, complex pre-aggregations, or unnecessary ETL pipelines.

Enhanced Security and Enterprise Trust: Deployed securely within the customer’s private cloud environment, PhoenixAI enforces fine-grained role-based access control (RBAC), per-query auditing, and full data sovereignty, ensuring sensitive AI workloads remain protected under enterprise security protocols.

Executive Commentary

“PhoenixAI was selected as an early foundational database partner for Cloudera’s innovative private cloud initiative,” said Andy Ye, co-founder and chief product officer of PhoenixAI. “AI agents and modern real-time applications demand sub-second data access without compromising security or operational simplicity. Partnering with Cloudera allows our mutual customers to deploy PhoenixAI’s high-concurrency database engine instantly within their trusted private cloud infrastructure, enabling them to move AI from experiment to production faster than ever.”

“Our customers want AI on their own terms, in their own environments (self-hosted or Bring Your Own Cloud) with data under their control,” said Michelle Hoover, SVP of Global Alliances & Channels at Cloudera. “Through Cloudera’s collaboration with PhoenixAI, we can offer them a real-time database built the way agents need it to work, with the governance our customers expect.”

Experience PhoenixAI Live at Evolve 26

PhoenixAI will showcase the new integration and host live technical demonstrations at Cloudera’s annual global customer event, EVOLVE26, on October 27, 2026, at the Marriott Marquis in New York City. Attendees can visit the PhoenixAI booth to see sub-second agentic AI query execution in action and explore how to instantly spin up cluster environments via the Cloudera Anywhere Marketplace.

To learn more about PhoenixAI Cloud or to schedule an executive meeting at EVOLVE26, visit phoenixdata.ai.

About PhoenixAI

PhoenixAI is the Agentic AI Database, purpose-built to give autonomous AI agents sub-second access to live enterprise data at massive scale. The platform unifies real-time and at-rest data in a single AI-native engine, combining the speed and concurrency that agentic workloads demand with the governance and deployment flexibility enterprises require to put AI into production. PhoenixAI runs fully managed inside the customer’s cloud platform of choice, or self-managed on the customer’s own private cloud, or on their own hardware, including on-premises. Formerly CelerData, and the creators of the StarRocks open source project, PhoenixAI is headquartered in Menlo Park, California. Learn more at phoenixdata.ai.

About Cloudera

Cloudera is the only hybrid data and AI platform company that large organizations trust to bring AI to their data anywhere it lives. Unlike other providers, Cloudera delivers a consistent cloud experience that converges public clouds, on-prem data centers, sovereign clouds, and the edge, leveraging a proven open-source foundation. As the pioneer in big data, Cloudera empowers businesses to apply AI and assert control over 100% of their data, in all forms, improving security, governance, and real-time and predictive insights. The world’s largest brands across all industries rely on Cloudera to transform decision-making and ultimately boost bottom lines, safeguard against threats, and save lives.

To learn more, visit Cloudera.com and follow us on LinkedIn and X. ©2026 Cloudera and associated marks are trademarks or registered trademarks of Cloudera, Inc. All other company and product names may be trademarks of their respective owners.

Media Contact:

Sida Shen

Product Marketing

PhoenixAI

423374@email4pr.com 

650-519-5190

View original content:https://www.prnewswire.com/news-releases/phoenixai-joins-cloudera-as-a-foundational-database-partner-302888590.html

SOURCE PhoenixAI

Continue Reading

Technology

Stravito Launches MCP Server to Put Consumer Evidence Inside Enterprise AI Tools

Published

on

By

Stravito’s MCP Server brings the market and consumer research enterprises own into the AI tools teams already use

STOCKHOLM, Sept. 24, 2026 /PRNewswire/ — Stravito, the customer intelligence platform that helps global brands understand their customers, validate ideas, and make better decisions, today launched its Model Context Protocol (MCP) Server to bring each company’s market and consumer research into the everyday AI tools its teams use, so decisions get made on evidence the business owns and trusts.

The launch addresses a consistent problem across the enterprise: commercial results suffer when siloed consumer intelligence doesn’t reach the decisions where it is needed. Even connected to a company’s files, generic AI often reads a research report like a text document, missing the charts, graphs, and visuals where key findings live, or falling back on unverified answers from the web.

Stravito’s MCP Server changes that, connecting to AI tools like ChatGPT, Claude, Copilot, and the custom agents enterprises have built, through a single, governed connection. It draws on the full body of a company’s research, reading not just text but also visual findings from reports and presentations to videos, audio, and spreadsheets. For marketing and brand teams, real consumer evidence now surfaces where they work, to shape stronger launches, campaigns, and strategies, without switching AI tools.

“The most valuable consumer research is worthless if it never actually guides real business decisions,” said Thor Olof Philogène, Founder and CEO of Stravito. “Our MCP Server puts company knowledge into the AI tools teams already use, so they can launch better, spend smarter, and go-to-market faster using consumer evidence they can trust.”

Every AI response from Stravito’s MCP Server follows a Glass Box AI approach. It is drawn from the company’s own research, source-cited, and is scoped to the person asking. The connection inherits the user’s existing permissions and is read-only.

A global media and information provider is among the first to pilot the Stravito MCP Server, using it to bring research findings directly into the specialist tools its teams work in.

Today’s launch reflects a wider shift in enterprise software. After building or buying tools, enterprises are now connecting them through open standards like MCP. A company’s research in Stravito can now sit alongside its CRM, BI, and social listening data in the same AI conversation, offering a more complete picture than any single application can provide.

Stravito’s platform remains the destination where enterprises can manage their proprietary research, run analysis, and build AI Personas. The MCP server shares that research in connected enterprise AI tools, enabling better, faster business decisions. Stravito also offers a set of developer-grade APIs for Search, AI Assistant, Usage, and Audit Logs, giving teams additional ways to access, manage, and apply their trusted research.

In the coming months, Stravito will release additional tools to bring more customer intelligence into the tools teams use, and deeper into commercial decision-making.

For more, visit www.stravito.com. For imagery, click here.

About Stravito

Stravito is the Enterprise Customer Intelligence Platform global brands trust to understand their customers, validate ideas, and make better decisions with AI grounded in their research.

Built for insights and marketing teams, Stravito unifies and activates research in a secure space. Teams ask strategic questions and receive synthesized, source-cited answers through Stravito AI Assistant. AI Personas, built from each organization’s segmentation studies, simulate consumer perspectives, enabling teams to pressure-test products, campaigns, and strategies before investment is committed.

Founded in Sweden in 2017, Stravito is used by global leaders including Nestlé and Lavazza Group. The company is ISO 27001 certified, SOC 2 Type II attested, and has been recognized in the Financial Times’ FT 1000 list of Europe’s fastest-growing companies.

Media Contact
Caroline Doggett
Griffin360
415-609-6634
423405@email4pr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/stravito-launches-mcp-server-to-put-consumer-evidence-inside-enterprise-ai-tools-302889271.html

SOURCE Stravito

Continue Reading

Technology

Parks Associates Announces CONNECTIONS™ Summit and 2027 CONNECTIONS™ Agenda Focused on AI, New Connected Services, Security, Energy, and The Intelligent Home

Published

on

By

Annual connected home executive conference May 4-6 examines business transformation across the smart home

PLANO, Texas, Sept. 24, 2026 /PRNewswire/ — International market research and consulting firm Parks Associates today announced the key topics for CONNECTIONS™: The Premier Connected Home Conference, taking place May 4-6, 2027, with a special pre-show research workshop on May 4. The executive conference will examine how artificial intelligence (AI), new service models, partnerships, connectivity, security, energy, and changing consumer expectations are transforming the connected home business.

The research firm’s latest research shows smart home device purchases in the last 12 months dropped slightly to 28%, while high purchase intent for the next six months reached a new peak of 49% in Q2 2026.

The 2027 CONNECTIONS™ program begins with two virtual CONNECTIONS™ Summit sessions designed to analyze key trends ahead of CES® 2027 in Las Vegas and then comment on market developments following the show:

“What’s Next for the Connected Home: Year-End Insights and CES Preview” – December 15, 2026“Beyond CES: What’s Next for the Connected Home in 2027” – January 19, 2027

“The gap between past purchases and future high intent creates opportunity for vendors to convert new buyers through clearer value propositions, promotions, and new features,” said Mindi Sue Sternblitz-Rubenstein, VP, Marketing, Parks Associates. “CONNECTIONS™ will focus on the partnerships, business models, and tech innovations making these experiences valuable to consumers and sustainable for companies.”

CONNECTIONS™, now in its 31st year, brings together executives from device manufacturers, security providers, broadband companies, platforms, utilities, insurers, builders, multifamily operators, and technology partners. Discussions will address who owns the customer relationship, where recurring revenue opportunities are emerging, and how partnerships can accelerate adoption and scale.

Topics for CONNECTIONS™ 2027:

AI-powered and agent-ready homesSecurity, safety, and cybersecurityThe predictive homeBroadband and new home servicesHardware and interoperabilityWhole-home energySmart spaces and multifamilyNew routes to marketAI-powered customer supportPartnerships and business models

“Connected products are becoming part of larger service ecosystems,” Sternblitz-Rubenstein said. “The next phase of this market will be defined by how effectively companies can work together to deliver intelligence, connectivity, security, energy management, and support throughout the customer lifecycle. Our 2027 program is designed to bring those different parts of the ecosystem into the same conversation.”

CONNECTIONS™ brings together senior executives and industry leaders from across the connected home ecosystem for Parks Associates research presentations, executive panels, keynotes, networking, and partnership development.

View the CONNECTIONS™ 2027 agenda. For information on the December and January virtual programs, view the CONNECTIONS Summit agenda.

About Parks Associates
Parks Associates helps companies identify new opportunities, refine strategy, and accelerate growth in connected technology markets through data-driven insights and industry expertise. With more than 40 years of experience, the firm delivers proprietary consumer and industry research, market forecasts, and strategic analysis that guide business decisions across personal, connected home, small business, and commercial technology ecosystems. Parks Associates supports clients in navigating evolving markets including AI, security, smart home, broadband, entertainment, energy, multifamily, smart buildings, and connected health.

The firm also fosters industry growth and collaboration by convening thousands of leaders each year through its flagship executive conferences, including CONNECTIONS™, Connected Health Summit, Smart Energy Summit, Smart Spaces, and Future of Video. Learn more at https://www.parksassociates.com.

Follow Parks Associates on LinkedIn, Facebook, and Instagram.

Mindi Sue Sternblitz-Rubenstein
Parks Associates
972.490.1113
423387@email4pr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/parks-associates-announces-connections-summit-and-2027-connections-agenda-focused-on-ai-new-connected-services-security-energy-and-the-intelligent-home-302888636.html

SOURCE Parks Associates

Continue Reading

Trending