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.
Risk Management
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.
Digital transformation in asset management – obstacles for fund administrators
Fund administrators are struggling to keep pace with digitalisation thanks to some notable obstacles.
Video: fintech news pick of the week – Google, Monzo, NatWest & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Coastal Community Bank picks Finzly to modernise payments processes
Coastal Community Bank has more than $2 billion in assets under management.
Privacy-focused data collaboration platform Duality raises $30m
Duality will invest further in privacy-preserving machine learning technologies.
Fraud prevention platform Alloy hits unicorn status with $100m investment
Investment will go towards building out an evolving customer identity profile offering.
UK sanctions enforcement: fintech in the spotlight
Fintechs cannot afford to neglect sanctions compliance and should ensure they understand their obligations.
Fintech funding deals globally 20 September – 26 September 2021
Featuring Sorare, MarketFinance, Dapper Labs, Airwallex and TrueLayer.
Leveraging best practice to maximise the benefits of cloud technology
Firms must assess and refine their cloud adoption strategy to ensure regulatory compliance and overall resiliency.
FinTech Futures Jobs: Three companies on major hiring sprees this quarter
Exciting vacancies at Checkout.com, Deloitte and Everbridge. Apply today!
Fintech funding deals globally 13 September – 19 September 2021
Featuring BitSight, Melio, SellersFunding, Form3 and Xendit.
Sberbank deputy chair: “We’re the number one target for hackers around the globe”
Fintech Futures speaks with Sberbank’s Stanislav Kuznetsov about the importance of cybersecurity.
FinTech Futures Jobs: Three fabulous jobs to apply for this week
Exciting vacancies at Everbridge, Immersive Labs and Checkout.com. Apply today!
White paper: Five key qualities of a successful AML compliance programme
An effective AML compliance programme will protect your company from regulatory fines and prosecution.
How identity fraud is costing fintechs millions each year
With fraud rates on the rise, fintechs need to take cybersecurity seriously.
Mastercard acquires blockchain security start-up CipherTrace
Payments giant aims to integrate CipherTrace’s crypto security and fraud detection capabilities.
The cyber-resilience shortfall: are banks underprepared for a data breach?
Banks should look to bolster their cyber-resilience to prepare for and react to potentially costly data breaches.
State Street to set up global cybersecurity unit in Ireland
The 400-strong team will support the company’s global operations.
Risk as an opportunity: fintech’s gold standard
How can fintechs continue to grow while also meeting increasingly stringent regulatory requirements?
Blockchain security start-up CertiK lands $24m in Series B extension
The “Series B+” investment comes just one month after the firm’s $37 million Series B round.
FinTech Futures Jobs: Three really exciting jobs to apply for this week
Exciting vacancies at OakNorth, Checkout.com and Deloitte. Apply today!
Identity verification firm SentiLink lands $70m Series B funding
San Francisco-based firm plans to build out its product suite and expand its team.
Extended deadline announced for Banking Tech Awards 2021
The new nomination deadline for the Banking Tech Awards 2021 is 20 August.
LogicGate secures $113m in Series C funding round
New investment takes the company’s total raised to around $156 million.
White paper: How top companies are better mitigating fraud & enhancing CX with Phone-Centric Identity
Nine of the top ten banks use Phone-Centric Identity to mitigate fraud. Do you?
White paper: Back to the future – 8 features of fast and future-proof BNPL technology
Discover the tools you need to get ahead and stay ahead as BNPL grows its market share.
White paper: Data on demand – the power of real-time data for risk decisioning
How real-time, on-demand data will change the way you make risk descisioning.
