FiVerity, Fortanix, Intel partner for confidential computing in finance
Digital fraud prevention solution FiVerity, multi-cloud security company Fortanix and Intel Corporation have all teamed up to bring confidential computing to financial services.
CyberTech company ThreatLocker locks in $100m Series C
Global cybersecurity firm ThreatLocker has raised a $100m Series C funding round, which was led by global growth equity firm General Atlantic.
Arctic Intelligence unveils AML survey to gather global industry insights
Arctic Intelligence has released its 2022 AML Insights Survey with the aim of gathering data from financial crime risk and compliance professionals worldwide.
Why Lucinity is on a mission to Make Money Good
As more and more people move online, financial crime is increasing – subsequently increasing the opportunities for cases of money laundering. As industry players continue to search for the silver bullet to tackle financial crime, RegTech firm Lucinity is focused on helping to clean up the financial world.
Brazil’s Cerc closes funding ahead of IPO
Brazil-based Cerc has reportedly raised $100m in funding as it gears up for an IPO.
Over half of consumers abandoned onboarding processes in 2021
More than half of consumers (68%) abandoned a financial application during the onboarding process in 2021, up from 63% in 2020, research from Signicat claims.
Finicity, Fiserv partner to improve data sharing security
Finicity, a Mastercard company, and PayTech company Fiserv has teamed up to boost open finance through secure data sharing.
Why financial institutions must improve the second layer of their compliance ecosystem
There have never been more regulatory pressures for financial institutions than there are now, and it is only getting harder. Every year, regulators release a new batch of legislation or updates to existing mandates, all of which firms need to keep up with.
No-code risk manager Effectiv scores $4m in seed funding
Effectiv, a developer of no-code risk management service, has scored $4m in its seed funding round.
Over 90% of European FinTechs to use AI-risk decisioning to beat fraud
Over 90% of European FinTech companies plan to adopt AI-enabled risk decisioning to combat fraud, according to a study by risk decisioning software developer Provenir.
