Lumia raises $18m to scale agentic AI governance tools
Lumia, an AI security and governance platform helping enterprises adopt autonomous systems safely, has completed an $18m seed round.
The company, founded by cybersecurity specialists,...
Best AML transaction monitoring tools ranked
Transaction monitoring has become one of the most decisive areas of modern Anti-Money Laundering (AML) programmes, particularly as financial crime evolves in sophistication.
In...
Why tick-box compliance is failing financial firms
A Court of Appeal decision has sent shockwaves through regulated financial firms, signalling a dramatic shift in expectations around client categorisation.
The case centred...
The ultimate guide to KYC verification
For compliance and risk officers, finding the balance between rigorous fraud prevention and a smooth onboarding experience can often feel like walking a tightrope....
Why digital banking scams in South Africa are rising
South Africans are facing a wave of sophisticated online scams, fuelled by the widespread availability of personal data across digital channels.
Fraudsters now understand...
FRAML: The future of fraud and AML risk management
Financial institutions across Europe are seeing fraud and money laundering become increasingly interconnected issues, driven by digital payment transformation, new criminal typologies and a...
Cybersecurity firm imper.ai secures $28m funding
imper.ai, a company specialising in real-time detection and prevention of AI-driven impersonation and social-engineering cyber attacks, has secured major backing as it publicly launches.
The...
The real impact of money laundering revealed
Money laundering remains one of the most persistent threats facing financial systems across the world.
What starts with criminal activity — from illegal arms trading...
EU unveils reforms to boost competitive financial markets
A new policy package from the European Commission is aiming to transform the way financial services operate across Member States, with the goal of...
KYND raises alert on AI cyber threats for insurers
The insurance sector is entering a new era of cyber exposure as artificial intelligence becomes increasingly embedded in business operations, according to cyber risk...