How AI is shaping the future of financial crime prevention strategies
As artificial intelligence (AI) continues to advance, its role in financial crime prevention is growing, with organisations now considering AI as a foundational element in their risk management strategies.
CrowdStrike acquires Adaptive Shield to boost cloud and SaaS security integration
CrowdStrike, a NASDAQ-listed leader in cybersecurity, is set to acquire Adaptive Shield, a prominent SaaS Security provider.
Marosa raises €12m from Aquiline to enhance VAT compliance technology
Marosa has successfully completed a €12m investment round, marking its first external capital injection.
How Siron One is driving RegTech innovation at IMTF
Founded in 1987, Switzerland-based IMTF develops RegTech solutions in the area of anti-financial crime, AML and CFT that help financial institutions stay compliant and digitalize their processes and operations. With nearly 40 years in the industry, what is next for IMTF?
Performive secures major funding from Renovus Capital to drive IT service expansion
Performive, a managed IT services provider for mid-market enterprises, has recently secured a majority investment from Renovus Capital Partners.
The Philadelphia-based private equity firm's investment...
AI Federated Learning: Transforming the approach to combat financial crime
Less than 1% of actual illicit transactions are detected globally. This startling statistic exposes the vulnerabilities of financial firms to increasingly sophisticated criminal networks,...
How continuous KYC can stop 75% of undetected money mules
Synectics has unveiled findings from A research project that underscores the importance of perpetual AML checks for detecting money mule activities effectively.
Customs Window secures €800k to enhance RegTech solutions
Customs Window Technologies, an Irish RegTech startup established in 2022, has successfully closed an €800k seed funding round.
Kaizen secures £42m in first external funding round led by Guidepost Growth Equity
Kaizen has successfully completed its first external funding round, securing a £42m investment from Guidepost Growth Equity.
FCA unveils measures to enhance transparency and support investment growth
The FCA has announced a comprehensive suite of measures aimed at reinforcing the UK's position as a frontrunner in the financial markets, specifically focusing on the bond, derivatives, and asset management sectors.