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.
Strike Graph scores $3.9m in its funding
Compliance automation startup Strike Graph has netted $3.9m in its seed round.
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.
Unqork increases its valuation to $2bn after the close of its Series C
This year has seen numerous FinTech unicorns and Unqork has continued this trend following the close of a $207m Series C round that increased its valuation to $2bn.
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.
McAfee founder faces fraud charges for alleged $23m ICO scheme
John McAfee, the founder of cybersecurity company McAfee, is facing criminal charges after the Securities and Exchange Commission accused him of having failed to be transparent about being paid to promote initial coin offerings.
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.
Eclypsium capitalises on 2,000% annual recurring revenue growth with the close of new round
Device security company Eclypsium has received $13m in an oversubscribed funding round, coming after a 2,000% increase to its annual recurring revenue.
MAP FinTech deepens partnership with UnaVista
Leading regulatory reporting provider MAP FinTech and UnaVista, part of London Stock Exchange Group, have expanded their strategic collaboration for EMIR Trade Repository Services.
What does the 27 FinTech funding rounds from last week tell you about the...
Over the past seven days we have reported on 27 big FinTech deals. So why not take a closer look at what they mean for the industry.
