FCA appoints two new joint executive directors for enforcement
Therese Chambers and Steve Smart will work as joint executive directors of enforcement and market oversight.
Therese Chambers and Steve Smart will work as joint executive directors of enforcement and market oversight.
A Fortune 500 firm applies open-source intelligence capabilities in its global corporate security operations centre.
It says many firms present “an unacceptable risk of harm” to their customers.
Cable says its tech will help Griffin “monitor, identify, and address financial crime control risks”.
The Series A funding brings the total capital raised by the firm to €28 million.
Eastnets is one of the first Swift bureaus to migrate its full infrastructure for the Americas to the cloud.
Mastercard intends to fold Baffin Bay’s automated Threat Protection tech into a global “cyber service”.
The law enforcement agencies seized seven terabytes worth of data, consisting of 1909.4 BTC.
The group will be co-chaired by representatives from the banking sector as well as from fintech firm MonetaGo.
The unicorn’s latest push in Rwanda follows its bid to expand across East Africa.
ThetaRay’s Sonar will help Noda stay up to date with shifting compliance regulations.
Anning joins ComplyAdvantage from GoCardless where he was vice president of data.
Truzo says it will close its next round of funding in Q2 2023.
Targeting the $650bn market: Car IQ enables vehicles to transact securely with merchants and service providers.
AML RightSource’s tech will automate Golden 1’s transaction monitoring investigations and reporting.
With Confirmation of Payee, Allica customers will be protected from fraud and misdirected payments.
Quantifind’s SaaS solutions help banks and financial institutions tackle money laundering and fraud.
Through the partnership, ThetaRay will provide Tudi its Sonar transaction monitoring solution.
Banks should look to use technology to not only curb financial crime but to gain a competitive advantage.
A handy round-up of this week’s fintech funding news from across the world.
Banesco will deploy AML RightSource’s Automated EDD (Enhance Due Diligence) solution.
Lyra will utilise Napier’s transaction monitoring solution to ensure its compliance with regulatory requirements.
Mizuho will use SymphonyAI Sensa to boost AML protection within its European capital markets division.
With the partnership, Indó will have access to Lucinity’s transaction monitoring and case manager solutions.
FinTech Futures speaks to City University of London’s Raj Muttukrishnan and Crossword’s Stuart Jubb.
Mueller joins from Rabobank North America where he served as AML and sanctions officer for more than six years.
VARA says the new framework will offer “regulatory certainty”, giving market participants greater clarity.
The latest funding round brings Smile Identity’s total capital raised to date to $31 million.
Gate.io says the Coinfirm partnership will give the firm “a solid foundation” and shore up its compliance.
The funding will be used to boost recruitment, forge new partnerships and develop new products.
Hurn has been a Themis investor and board member since June 2020.
Thanks to the acquisiton, Seon will be able to offer “a vital single source” to fight fraud holistically.
The Caribbean bank will deploy Tookitaki’s Anti-Money Laundering Suite (AMLS).
Quick Finans selected Provenir’s tech to enhance its customer onboarding process.
AuthID leverages the “human factor” to remediate today’s social engineering attacks, CEO Tom Thimot says.
The impact of financial crime continues to be severe, but 2023 could be a breakthrough year.
With the new capital, Inscribe plans to further develop its fraud detection capabilities.
The round saw participation from investors including Sands Capital, DN Capital, Coalition and BlackFin Capital.
The partnership will help Finora Bank manage fraud risks and gain insights into its financial operations.
The DoJ alleges Bitzlato processed more than $700m in illicit funds.