Deal Updates

Tines, an AI-powered workflow automation company, has secured $125m in a Series C funding round, bringing its valuation to $1.125bn.

Gobi Partners, a leading venture capital firm in Asia, has invested in ArmourZero, a cloud-based cybersecurity company specialising in AI-driven Application Security and Security-as-a-Service (SECaaS).

The MAS and the ABS have revealed plans to set up a new entity that will oversee and govern Singapore’s national payment schemes.

The EBA has revised its Guidelines on ICT and security risk management to align with DORA, which came into force on 17 January 2025.

The Financial Conduct Authority (FCA) has been actively working to promote safe and responsible AI adoption in the UK financial sector. Last year, it published its AI Update to encourage outcomes-focused AI models. To further this initiative, the FCA recently launched its AI Lab, a collaborative platform for firms, stakeholders, and regulators to discuss AI use cases, share insights, and foster innovation while ensuring compliance.

In the rapidly evolving landscape of financial crime prevention, artificial intelligence (AI) is becoming a cornerstone of effective strategies.

Intelligence sharing is revolutionising the fight against financial crimes, providing a beacon of hope in a landscape increasingly besieged by sophisticated scams.

In the ever-evolving landscape of regulatory compliance, companies face the daunting task of maintaining audit readiness amidst scattered legacy systems and stringent regulations.

Andesite AI, a cybersecurity firm specialising in AI-powered security operations, has announced the general availability of its bionic Security Operations Center (SOC).

Datox AI, a UK-based RegTech firm and university spinout, has secured strategic investment through a pre-seed funding round.