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Deal Updates

CybelAngel brings in $12m to expand security platform globally

Digital risk management platform CybelAngel has raised $12m to fuel its global expansion.

Safetrade Africa taps Ipsidy’s identity and authentication solutions

Safetrade Africa, a technology development company specialising in payment processing in secure environments, has tapped Ipsidy’s biometric identity and authentication solutions.

FINCAD launches Python toolkit for valuation and risk analytics

FINCAD, a provider of enterprise solutions for derivative and fixed income portfolios, has launched a new toolkit for valuation and risk analytics.

RDC: Eight reasons why search engines are not due diligence

Search engines are free, easy to use and powerful. Could you use them to run a KYC/AML screening program? You could – but in the end, it will expose you to significantly more cost and risk than opting for a purpose-build solution. Here are eight reasons why.

Why regulators need to do more to raise RegTech’s profile

RegTech can bring benefits to a range of sectors outside of financial services; however, regulators could do more to raise awareness for the burgeoning space, according to Jeff Heine, chief revenue officer at Ascent Technologies.

FacePhi launches ‘zero risk’ security product for banks

FacePhi, a Spain-based biometrics business, has launched a new ‘zero risk’ security product for the banking sector.

Allied Wallet bolsters fraud protection with AI

Allied Wallet has added artificial intelligence features within its payment offering to create a new standard for fraud prevention.

Turkey’s Akbank taps Daon for facial recognition

Akbank has become the first bank in Turkey to deploy facial recognition for mobile banking authentication.

Thoma Bravo adds Imperva to cybersecurity portfolio

Thoma Bravo has expanded its cybersecurity portfolio with the acquisition of California-based Imperva.

Total Defense merges with AppRiver to bolster security capabilities

Marlin Equity Partners has purchased Total Defense, a provider of subscription-based endpoint security software, including virus and malware protection.

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