Navigating the intricacies of PEP identification in FinTech compliance
Politically Exposed Persons (PEPs) represent a significant risk for money laundering and corruption within the financial sector. Alessa, a leading provider of Anti-Money Laundering...
Bedrock Security secures $10m in seed funding to transform data protection with AI
Bedrock Security, a promising newcomer in the data security domain, recently announced a significant milestone in its journey.
Think Cyber bags $3.8m to boost cybersecurity through behavioural nudges
Think Cyber, has successfully completed a late seed funding round, securing £3 million (approximately $3.8 million).
Binarly secures $10.5m to bolster software supply chain security efforts
Binarly, an LA-based startup with a focus on firmware and software supply chain security, has secured $10.5m in venture capital funding.
Airbus enhances cybersecurity offerings with INFODAS acquisition
Airbus Defence and Space has announced its plans to acquire INFODAS, a German company specialised in providing cybersecurity and IT solutions.
How AI transforms KYC into a continuous compliance powerhouse
In the dynamic landscape of anti-money laundering (AML) efforts, financial institutions are facing intensified scrutiny to stay a step ahead of increasingly sophisticated criminal tactics and rigorous regulatory demands.
Encompass Corporation welcomes Neil Acworth as new CISO
Encompass Corporation, a pioneering force in the creation of real-time digital Know Your Customer (KYC) profiles for global banks, has recently appointed Neil Acworth...
Persefoni AI unveils groundbreaking free Climate Management Platform
Persefoni AI, a pioneering Climate Management & Accounting Platform (CMAP), has unveiled its latest innovation, Persefoni Pro.
RegTech pioneer GSS secures $47m in transformative Series A2 funding
Global Screening Services (GSS), a forefront runner in the RegTech industry, has successfully completed its Series A2 funding round, securing over $47m (£37m).
The importance of feedback loops in AML and CFT
The effectiveness of anti-money laundering (AML) and combatting the financing of terrorism (CFT), is not solely reliant on the initial design, but also comes...