Norway’s Signicat boosts management team with several new appointments
Signicat CEO says: “We now look forward to the next phase of our international expansion.”
Risk Management
Apollo Fintech taps ThetaRay for Sonar AML monitoring tech
Apollo Fintech will deploy Sonar on its new bank-to-bank payments service Knox Wire.
What the FinTech? | S.3 Episode 4 | Risk, resilience and regulations
In this episode, we’re joined by Wayne Scott, regulatory compliance solutions lead at NCC Group.
Medius snaps up US-based invoice payments specialist OnPay
The deal will see Medius open a new corporate office in Q2 2022 in Jacksonville, Florida.
How lessons from the FBI email hack can stop businesses banking on the wrong strategy
Much like the FBI, banks are highly regulated and trustworthy, making them an attractive target to hackers.
The evolving cyber threat landscape in 2022 and how fintechs can mitigate risk
Companies that operate in the financial services/fintech arena are, of course, top targets for cybercriminals.
Better Business Faster Virtual Summit – 29 March 2022
FullCircl held its Better Business Faster Virtual Summit on Tuesday, 29 March 2022.
Cross-border payments – do they have to be so complex?
Cutting out complexity and risk from cross-border payments is key to boosting global trade and facilitating economic recovery.
Cybersecurity firm Axonius valued at $2.6bn following $200m Series E
Founded in 2017, Axonius has now raised a total of $395 million to date.
Why instant loans are catching fire with fraudsters
Fraudsters are now increasingly finding clever ways to exploit this innovative form of financing.
BNY Mellon first GSIB to integrate Chainalysis crypto compliance software
BNY Mellon is building a multi-asset digital custody and admin platform for traditional and digital assets.
Squirro signs European Central Bank, buys open.exchange, raises $4m
Zurich-based Squirro has raised $4m in equity funding from capital investment firm BuildGroup.
Digital ID verification start-up OCR Labs expands to North America with $30m funding
OCR Labs has raised $46 million through its combined Series A and B.
Fintech funding deals globally 14 February – 20 February 2022
Featuring Neon, Flutterwave, RapidRatings, Spotter and Genesis.
Revolut names Ibrahim Dusi as chief risk officer for Americas
Dusi joins Revolut from US-based lender Happy Money, where he spent eight years.
Finovate supplement: stand out and showcase your brand to fintech professionals
Our Finovate supplements are a great way for you to gain additional brand awareness.
Trulioo acquires HelloFlow to create “end-to-end identity platform”
HelloFlow is a no-code builder of client onboarding, monitoring, and digital workflow solutions.
Compliance tech provider Sardine raises $19.5m in Series A
New funding came from Andreessen Horowitz, NYCA and Experian Ventures.
Finding illicit financial transactions by ignoring them
Firms can utilise AI and ML to create analysis models that can better detect suspicious activity.
White paper: Anti-money laundering regulations in 2022
A closer look at some of the changes in the AML regulatory landscape in seven countries around the globe.
Digital asset custody platform Fireblocks worth $8bn following $550m Series E
The round makes Fireblocks the highest-valued digital asset infrastructure provider in the world.
ICYMI funding round-up: ApexEdge, DirectID, Everything, NALA, Tuum, & OZÉ
Our weekly round-up for you to get the latest fintech funding news.
Financial crime fighter ACAMS acquired by PE firm Wendel for $500m
ACAMS has a global membership base of 90,000+ members in 175 countries.
Regtech ComplyAdvantage reports record year, makes senior hires
Nabeel Vilcassim joins as chief financial officer (CFO) and Oliver Furniss as chief product officer (CPO).
Trulioo hires product veteran Michael Ramsbacker as its first chief product officer
Ramsbacker will be developing intelligent workflow systems designed to maximise verification rates.
Video: fintech news pick of the week – Petal, Unibo, & iProov
Our top pick of news from the world of finance and tech in bitesize video format, every week.
From viral fun to financial fraud: How deepfake technology is threatening financial services
As deepfake technology becomes more prolific, the threat posed to financial services is becoming very real.
The carrot and the stick: How regulators are driving a data quality revolution
Beyond the threat of fines, regulators can help financial firms by highlighting the benefits of high data quality.
Noname Security becomes first API security unicorn with $135m Series C raise
The platform says it blocks over 1,000 attacks per day against its customers.
Anti-money laundering regtech Hummingbird secures $30m in Series B round
New funding brings the total raised to date by the start-up to $41.8m.
Regtechs PassFort and kompany acquired by Moody’s Corporation
Both companies will be integrated into Moody’s KYC business within Moody’s Analytics.
Tax automation firm Fonoa raises $25m for international expansion
The Dublin-based company will use the funding to extend country coverage and headcount.
$140m Series E funding takes Expel valuation to over $1bn
The US-based detection and response (MDR) provider has secured $258 million in financing to date.
ID platform Alloy selected by LGBTQ+ digital bank Daylight for customer verification
Alloy’s API-based platform will be used to automate the bank’s identity verification process.
Cybersecurity platform Immersive Labs acquires US start-up Snap Labs
“The two platforms are a natural fit,” says Snap co-founder Chris Myers.
Drata achieves unicorn status following $100m Series B
Drata intends to triple its workforce within the next year.
ID verification firm Socure valued at $4.5bn following $450m Series E round
The fintech plans to use the cash to develop new products, enter new markets and hire more staff.
What it takes to fight financial crime with AI
AI can play a strong part in combating fraud, but firms need to have the right groundwork in place.
Sibos 2021 video: SmartStream on cash and liquidity management in difficult times
FinTech Futures interviews Peter Dehaan, new business director for cash and liquidity management at SmartStream.
VoxSmart acquires speech recognition platform GreenKey
Firm aims to bolster its communications surveillance offering for financial institutions.
