The UK’s DWP bank powers spark public trust concerns
The Department for Work and Pensions (DWP) has been warned that its extensive new powers to access bank account information must be exercised proportionately,...
Financial crime platform Bretton AI secures $75m
Bretton AI, a US-based RegTech specialising in AI agents for financial crime compliance, has raised funding of $75m in a Series B.
The company,...
AI coding security company Backslash secures $19m
Backslash Security, a cybersecurity company focused on protecting AI-driven software development, has secured fresh funding of $19m.
The company has raised $19m in a Series...
Why explainability is the real test for GenAI in compliance
As financial institutions accelerate the adoption of generative AI across compliance functions, one question continues to dominate internal governance discussions: what standards of explainability...
What the SEC’s 2026 priorities mean for compliance teams
The Securities and Exchange Commission Division of Examinations has published its Fiscal Year 2026 Examination Priorities, offering a clear indication of where regulatory attention...
Seven quotes that expose how fraud markets really work
Talking to fraud enablers can feel like watching a foreign film with badly translated subtitles. The tone is off, the motivations are murky, and...
The inside story of MOZN’s unified approach to fraud and AML
Founded in 2017, Saudi Arabia-headquartered MOZN was created at a time when AI was still in its early stages. MOZN recognised a gap early...
Why CRS 2.0 is exposing data governance failures
CRS 2.0 and the Crypto-Asset Reporting Framework (CARF) were introduced to modernise global tax transparency after shortcomings emerged in the original Common Reporting Standard...
Lema AI secures $24m to rethink third-party risk
Lema AI, an agentic AI security platform focused on third-party and supply-chain risk, has emerged from stealth with fresh funding of $24m.
The company has...
Rethinking SAR thresholds for APP scams in the instant era
The rapid expansion of instant payments across Europe has fundamentally altered the fraud landscape, with APP scams emerging as one of the most damaging...