How MLROs can win the board over on RegTech spend
For many money laundering reporting officers, the hardest part of modernising the financial crime risk assessment process is not identifying the solution, it is...
Horizon3 triples valuation to $2bn with $250m Series E
Horizon3 has secured a $250m Series E round at a valuation exceeding $2bn, tripling its worth from the $650m it commanded at Series D...
Zenity secures $125m to police autonomous AI agents
Zenity, an AI security and governance platform designed specifically for AI agents, has closed a $125m Series C round as enterprises scramble to control...
Bloom Security lands $20m seed as AI redefines the endpoint
Bloom Security has emerged from stealth with a $20m seed round to tackle risks that traditional endpoint tools were never built to manage.
The round...
Visa’s $2.4bn BioCatch deal targets $1tn scam problem
Visa has agreed to buy BioCatch, a behavioural-first fraud intelligence specialist, in a $2.4bn all-cash transaction.
The company is being sold by funds advised by...
Fraud prevention firm SEON hands Fowler top people role
SEON, the AI Command Center for fraud prevention and AML compliance, has promoted Donna Fowler to the role of chief people officer as the...
UBS pays $8m after AML surveillance flaws go unfixed
UBS Financial Services has been ordered by the Commodity Futures Trading Commission (CFTC) to pay $8m over failures to properly oversee its anti-money laundering...
Is regulation ready to become machine-readable?
Compliance has always involved translation. Firms take broad regulatory expectations and convert them into policies, controls and workflows that fit their business. It is...
The seven-minute window reshaping news monitoring
News monitoring is the practice of tracking published news for mentions of the people, organisations, topics or events a business needs to follow, and...
FCA slashes reporting burden in bid to boost UK markets
The Financial Conduct Authority (FCA), the UK's financial services regulator, has finalised new transaction reporting rules that will strip out duplicative requirements and deliver...
