Westpac unveils AI fraud detection tool for frontline customer protection
Westpac has launched a new AI-powered call assistant designed to help frontline staff detect scams in real-time during customer calls.
The development of this AI tool...
Zero Networks raises $55m to combat ransomware
Zero Networks, a cybersecurity firm specialising in automated microsegmentation and zero trust solutions, has raised $55m in a Series C funding round.
Australia’s Tranche 2 AML reforms risk leaving SMEs behind
Australia’s overhaul of its anti-money laundering (AML) regime is set to intensify, with the passage of the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Amendment...
Cross-border fund distribution: Key regulatory updates for fund managers in May 2025
Navigating cross-border fund distribution requires constant vigilance, especially as regulatory landscapes continue to shift. In May 2025, a series of significant updates have been introduced to help fund managers, compliance officers and legal professionals stay compliant across key jurisdictions.
From burden to benefit: Navigating CRR III and MiFID II with WealthTech innovation
As the regulatory landscape tightens under CRR III and MiFID II, professionals in wealth and property management are under increasing pressure. New frameworks have introduced tougher documentation standards, more stringent capital requirements, and a demand for full transparency across financial processes.
Most European companies oppose EU Omnibus rollback of CSRD sustainability rules
Most European businesses have voiced opposition to the European Commission’s Omnibus proposals, which aim to ease the sustainability reporting obligations under the Corporate Sustainability...
Spayce adopts ThetaRay’s Cognitive AI to enhance cross-border payment security
ThetaRay, a leading provider of Cognitive AI-driven financial crime compliance solutions, and Spayce, a cross-border payments platform operating in over 200 countries, have formed...
How federated AI is transforming legacy AML systems
Ripping out and replacing anti-money laundering (AML) systems is no longer a practical option for most financial institutions.
According to Consilient, deeply embedded legacy...
How real-time ESG monitoring can protect FinTech brands from disaster
A seemingly minor technical hiccup can erupt into a full-blown ESG crisis within hours in today’s hyper-connected environment. One Friday evening, a brief payment...
Cybersecurity firm Trustifi secures $25m Series A to expand AI email protection
Trustifi, a cybersecurity software firm specialising in AI-powered email protection, has secured $25m in a Series A funding round.
The investment was led by New...