IFC launches landmark ESG review for $4.5tn emerging market investments
The International Finance Corporation (IFC), part of the World Bank Group, has launched a wide-reaching review of its Sustainability Framework, the blueprint that governs...
Norm Ai builds executive-led advisory boards to shape AI governance in finance
Norm Ai has unveiled the formation of two influential advisory boards designed to guide the ethical and effective deployment of AI agents in highly regulated industries.
Cybersecurity firm Terra Security raises $8m to scale agentic AI platform
Terra Security, a cyber start-up specialising in AI-driven penetration testing, has raised $8m in seed funding to accelerate development of its agentic AI platform.
Why the VSME Standard is a smart move for SMEs amid ESG pressure
As European companies face growing expectations around ESG transparency, many small and mid-sized enterprises are looking for practical frameworks to disclose sustainability performance.
CSI unveils AI-powered TruDetect and TruProtect to tackle financial crime
CSI, a leading provider of end-to-end financial software and technology, has launched two AI-powered solutions—TruDetect and TruProtect—developed in partnership with DATASEER, a data-focused SaaS...
Discover hit with $250m in fines as FDIC demands major merchant restitution
The Federal Deposit Insurance Corporation (FDIC) has announced three enforcement actions against Discover Bank, headquartered in Greenwood, Delaware, in response to longstanding issues with...
ACCC supports sustainable finance collaboration with strict oversight
The ACCC has released a draft decision proposing to authorise, with conditions, the collaboration between the ASFI and industry participants to advance sustainable finance...
Exaforce raises $75m to revolutionise security with multi-model AI
Exaforce, a cybersecurity and AI company specialising in agentic solutions for enterprise SOC environments, has raised $75m in Series A funding.
Cy4Data Labs secures $10m funding round led by Pelion Venture Partners
Cy4Data Labs, a cybersecurity firm specialising in next-generation data protection, has secured $10m in a first funding round aimed at redefining how data is...
BNY transforms compliance monitoring with Behavox Quantum AI
BNY has completed the implementation of Behavox Quantum, a move set to significantly bolster the financial giant’s compliance monitoring capabilities.
The deployment marks a...