How Customer Due Diligence safeguards against financial crime in FinTech
Customer Due Diligence (CDD) is a cornerstone in the banking and financial industry's defence against financial crimes such as money laundering.
Flagright and Mistertango unite for unparalleled banking security
Flagright and Mistertango have embarked on a partnership, aimed at revolutionizing security standards within the banking sector.
Green light for transparency: The impact of SEC’s new climate disclosure rule
The dawn of a new era in corporate transparency has arrived with the U.S. SEC introducing a pivotal rule.
The crucial role of due diligence in protecting against supplier risk
Large corporations, including manufacturers of luxury goods and automotive companies, operate within extensive third-party supplier networks. These networks often comprise hundreds of thousands of small businesses worldwide, contributing parts, software, and labour to the final product or service.
Avalor links with Zscaler in a $350m deal to revolutionise cybersecurity
American cyber firm Zscaler is set to acquire Israeli startup Avalor for $350m, in a strategic move to enhance its cloud security offerings.
Estonia’s BotGuard OÜ secures €12m for cybersecurity expansion
BotGuard OÜ, a cyber firm based in Tallinn, Estonia, has announced a €12 million Series A funding round led by MMC Ventures.
Singapore’s central bank weighs AI’s pros and cons in policy making
The MAS recently offered insights into how AI and machine learning (ML) technologies are shaping the future of policy development.
US leads historic UN Resolution to democratise artificial intelligence
The United States has taken a pioneering role at the United Nations with its proposal for the first-ever resolution focused on AI.
Nozomi Networks clinches $100m in Series E funding
Nozomi Networks, a front-runner in operational technology and IoT security, has successfully closed a $100m Series E investment round.
Combating business email compromise: Strategies for financial firms
In the ever-evolving landscape of financial crimes, firms across the globe are grappling with the challenge of safeguarding their operations and reputation. Among the myriad of schemes that threaten the integrity of financial institutions, Business Email Compromise (BEC) stands out for its cunning simplicity and potentially devastating impact.
