IBM acquires HashiCorp in a $6.4bn deal to enhance hybrid cloud capabilities
IBM has acquired HashiCorp a multi-cloud infrastructure automation firm, at a deal valued at approximately $6.4bn, with IBM offering $35 per share.
Unlocking front office potential: The shift from manual KYC to automated processes
The role of front office staff is crucial in driving revenue, yet the burden of KYC onboarding can significantly impede their productivity. Transitioning from manual processes to digital solutions is essential for enhancing client outreach effectiveness.
Dropzone AI secures $16.85m in Series A to boost cybersecurity operations
Dropzone AI, a pioneering cybersecurity company, has successfully secured $16.85m in Series A funding round.
Leveraging AI to enhance efficiency in AML sanctions screening
False positives in AML compliance typically occur when a transaction or customer record wrongly flags a potential match with a sanctioned entity or individual...
Navigating the shift to simplified application security through consolidation
In the face of escalating cyber threats, organizations are rethinking their fragmented application security frameworks.
A striking 70% of businesses, overwhelmed by an array of...
Sublime Security secures $20m in Series A funding to enhance AI-powered email security
Sublime Security, an AI-powered, programmable email security platform, has successfully raised $20m in a Series A funding round.
Canadian FinTech firm Qohash secures $17.4m for AI data security expansion
Qohash, a leader in data security software, today announced it has secured $17.4m in Series B funding.
BforeAI announces $15m boost for advancing cybersecurity predictiveness
BforeAI, a leader in predictive security solutions, has successfully closed its Series A funding round, securing a substantial $15m.
EU launches new anti-money laundering agency in Frankfurt to bolster financial security
MEPs have approved the establishment of a new EU anti-money laundering agency, which will be based in Frankfurt.
Tackling money laundering: How KYC loopholes are exploited by criminals
KYC protocols serve as the cornerstone of AML efforts, obliging financial institutions to verify their customers’ identities.
