BGL Group launches AI tool to prevent false auto claims
BGL Group has launched an AI-powered counter fraud pre-sale technology solution, which will be capable of identifying criminal activity.
The FinCEN Files showcases how outdated some countries’ financial crime rankings are
Following the release of the FinCEN Files in September, RegTech Sigma Ratings shows how old risk ratings on financial crime are often static and out of date.
Financial institutions struggle with money laundering and Covid-19 is making matters worse
Banks struggle to detect money laundering and Covid-19 is making the situation worse, according to new research from BAE System.
How OakNorth has weathered the Covid-19 crisis and Brexit so far
Despite Covid-19 and Brexit, challenger bank OakNorth claims to have been able to avoid many of the hurdles other neobanks have faced.
Money laundering fugitive Richard Baldwin ordered to return £1.6m or face eight more years...
The Financial Conduct Authority has secured an order against money laundering fugitive Richard Baldwin that would force him to either pay £1.6m or face another eight years in prison.
NatWest uses Featurespace’s tech to fight financial fraud
Crime prevention software developer Featurespace has been enlisted by NatWest to protect the bank's customers against fraud.
BioCatch secures $20m from four major global banks
Behavioural biometrics startup BioCatch has secured a $20m investment from major global banks Barclays, Citi, HSBC and National Australia Bank.
The European Commission proposes new regulation for digital payments and cryptos
The European Commission has adopted a new Digital Finance Package, which aims to improve the competitiveness and innovation of the financial sector.
CloudMargin collects $15m in its Series B to support US and Asia growth
CloudMargin, a provider of collateral and margin management tools, has collected $15m in its Series B round.
Ripjar bags $36.8m Series B investment round
Data intelligence company Ripjar has bagged $36.8m in its Series B round from Long Ridge Equity Partners.
