Biometrics app FACEKI collects pre-seed funding
Digital biometrics platform FACEKI has collected pre-seed funding from technology-focused venture capital firm Nama Ventures.
Does the FinTech industry have a compliance problem?
A recent blogpost by Sigma Ratings has detailed how the FinTech industry is facing heightened scrutiny from regulators as issues around compliance comes to the forefront.
MAS to launch digital platform to help FIs fight money laundering
The Monetary Authority of Singapore (MAS) is set to introduce a digital platform that will enable financial institutions to share with one another tips to prevent financial crime.
An anniversary to forget: one year on from the FinCEN files leak
Documents from the US Financial Crimes Enforcement Network (FinCEN) were leaked to the press and published globally in September 2020. It exposed over 2,100 documents and around $2trn in transactions and showed how some of the world’s largest banks enabled criminals to move dirty money around the globe. A year on, has the industry been able to clean up its act?
Identity command centre Alloy hits $1.35bn valuation after Series C close
Digital identity command centre Alloy has secured $100m in its Series C funding round, bringing its valuation to $1.35bn.
How can firms assess the risks associated with a politically exposed person?
A recent webinar by Alessa by Tier 1 Financial Solutions has examined what constitutes a politically exposed person (PEP) and why relationships with certain PEPs may offer increased financial crime threats.
ForMotiv capitalises on 500% ARR growth with seed round close
ForMotiv, which leverages behavioural data to help insurance carriers detect fraud, has experienced a stellar 500% annual recurring revenue (ARR) growth in 2021, culminating in the close of its seed round on $6m.
Irish RegTech Dataships sails to seed round close
Irish RegTech platform Dataships has reportedly raised $3m in a seed funding round.
Panorays collects $42m in Series B round
Third-party security risk management platform Panorays has collected $42m in its Series B funding round.
Jscrambler secures $15m in its Series A
Global cybersecurity platform Jscrambler has secured $15m in its Series A funding round.
