AI cybersecurity firm Doppel raises $35m Series B to fight social engineering threats
Doppel, a cybersecurity company specialising in AI-driven social engineering defence, has secured $35m in a Series B funding round.
The investment round, which brings the...
How proactive TIN matching supports digital asset compliance
As tax regulation evolves to include digital assets, businesses must shift from reactive to proactive compliance strategies. A key focus has been the expanded scope of Section 6045 and 6045A, which now categorises digital asset trading platforms, wallet providers, and payment processors as brokers. This change subjects them to the same IRS reporting standards as traditional securities, creating new obligations for tax information collection and verification.
Why banks must replace, not augment, legacy AML systems
Many financial institutions are still holding onto legacy anti-money laundering (AML) systems, opting to layer new technology over outdated infrastructure rather than starting afresh.
While...
Smarter onboarding: Reducing fraud, cost and friction with real-time verification
Effective onboarding has become a critical business function, serving not just as the first touchpoint for customers and vendors but as a reflection of a company’s values and operational maturity.
Navigating the gap between AI advancements and compliance needs
Artificial intelligence is advancing at breakneck speed, reshaping industries and decision-making processes. Yet, regulatory frameworks and compliance systems are struggling to adapt in real...
FCA postpones SDR extension for portfolio managers amid industry concerns
The FCA has announced it will not move forward, for now, with plans to extend its Sustainability Disclosure Requirements (SDR) and sustainable investment labelling...
Why deepfakes are the next big threat to finance and the urgent steps to...
A mid-sized FinTech company recently became a cautionary tale of how dangerous deepfakes have grown. In what appeared to be a routine video call,...
Capgemini launches perpetual KYC sandbox to transform compliance practices
Capgemini has launched a first-of-its-kind pKYC sandbox, aimed at helping financial institutions adopt a real-time, continuous compliance framework.
The new solution addresses the challenges associated...
Regulatory spotlight shifts to PSPs and customer care as enforcement slows in Q1
Regulatory enforcement saw a sharp decline in the first quarter of 2025, with both the volume and monetary value of fines significantly lower than...
Why FIs and FinTechs need to rethink the strategy to combat scams
While people are very aware of the threat of scams, these unique threats continue to succeed and impact consumers and their financial institutions.
