Deal Updates

Diligent, a leading provider of AI-driven GRC SaaS solutions, has announced the acquisition of Vault, a technology company offering AI-powered ethics and compliance tools.

As financial institutions double down on efforts to detect money laundering and fraud, automated systems have become indispensable to AML operations. Yet these tools...

The ASIC has outlined its key focus areas for financial reporting and audit surveillance for the 2025–26 financial year. The move reinforces ASIC’s ongoing efforts...

New research from Datamaran has revealed how European companies are tackling the EU’s Corporate Sustainability Reporting Directive (CSRD), with many still in the early...

Canada’s ongoing battle with fentanyl trafficking has taken a dramatic turn in recent years, with growing pressure on both borders and financial systems. In 2024 alone, authorities reported significant seizures of fentanyl moving between Canada and the US—10.8lbs entering from the US and 32.1lbs flowing the other way. These figures sparked diplomatic and economic fallout, including a 25% US tariff on Canadian goods imposed in March 2025.

A new field-level audit trail feature has been introduced by KYC Portal CLM, aimed at giving compliance professionals unprecedented control over data changes. This enhancement allows users to view the full edit history of any field within a Company or Onboarding Form instantly—without having to sift through the entire entity’s audit log.

Sanctions compliance has traditionally relied on name-based screening and public watchlists to flag potential threats, but as financial crime tactics evolve, this approach is...

Wirespeed, a Minneapolis-based cybersecurity startup founded in July 2024, is on a mission to revolutionise managed detection and response (MDR) with a faster, more transparent, and automation-first approach.

Perpetual Know Your Customer (KYC) is emerging as a game-changer in financial services, reshaping how institutions manage compliance and monitor risk. Unlike traditional periodic KYC...

Greenlite AI has secured $15m in a Series A funding round aimed at expanding its trusted AI workforce for combating financial crime.