BlockClaim raises £500,000 in Seed round
Artificial intelligence and blockchain-supported InsurTech BlockClaim has raised £500,000 in its seed funding round.
VC-backed Wave Financial sold for $405m
Venture Capital-backed FinTech Wave Financial is set to be sold to consumer tax services provider H&R Block for $405m in cash.
BITPoint LatAm boosts AML and KYC with IdentityMind partnership
BITPoint LatAm, a crypto to fiat exchange platform, has partnered with IdentityMind to support its AML and KYC processes in Latin America.
Risk management startup MindBridge secures $29.6m Series B
Risk management business MindBridge has secured $29.6m in its Series B round to support the evolution of its AI technology.
SecurityScorecard closes $50m Series B round led by Riverwood Capital
New York-based SecurityScorecard, a security ratings startup, has closed its Series B round on $50m.
Specific exemptions in data sharing restrictions for AML would help combat occurrence rates
Data protection is great for society, but it can hinder a bank’s ability to detect and prevent money laundering, according to Markus Schulz, global head of Financial Crime Compliance Controls at Standard Charted Bank.
Energy derivatives FinTech provider AEGIS gets Baird Capital backing
Energy derivatives FinTech business AEGIS Energy Risk has picked up investment from US private equity house Baird Capital.
Big banks reinvest in Symphony Communications through new $165m round
Venture capital-backed secure messaging app Symphony Communications has brought its total capital raised to more than $460m thanks to a new round led by Standard Chartered and MUFG Innovation Partners.
FCA outlines new rules for the buy now, pay later market
The UK’s Financial Conduct Authority (FCA) has released new rules for the buy now, pay later (BNPL) market, to better protect consumers.
Whitepages Pro spins off its B2B identity verification business
Whitepages Pro, a digital identity verification data platform, is spinning off its B2B business to become Ekata.
