CRS 2.0: Why being “ready” is no longer enough
CRS 2.0 is forcing fund administrators to rethink how they manage tax reporting, as the move towards more frequent filings leaves less room for...
Hidden AI costs are forcing a RegTech partnership rethink
Financial institutions have poured significant sums into technology designed to simplify complex operations. The results have been mixed. In many cases, the real difficulties...
Outerlimit’s $16m pre-seed bets agents can’t be trusted yet
Outerlimit, a decentralised security and authorisation platform built for agentic AI, has launched out of stealth with $16m in pre-seed backing, a sum the...
Baselayer’s $35m raise targets the agentic identity gap
Baselayer, the identity and risk infrastructure provider used by one in five US financial institutions, has closed a $35m Series A round and unveiled...
Why AI still can’t be trusted to run tax reclaims alone
AI has become one of the most discussed technologies in financial services, with growing expectations that it can automate not just admin tasks but...
Footprint raises $25m as AI crime arms race heats up
Footprint, the AI operating system for risk, has raised $25m in a Series B funding round led by QED Investors, as it pushes further...
Data gaps, not budget, are stalling bank AI plans
There is a wide gap between what banks say they want from surveillance technology and what they have actually managed to deploy.
According to 1LoD's...
Compliance leaders face a fast-closing EU AI Act window
The EU AI Act is no longer a distant regulatory milestone, it is an active compliance obligation. Prohibitions took effect from February 2025, transparency...
Why your KYC checks are failing against AI-generated fraud
Generative AI has rewritten the rules of digital identity fraud, and KYC teams are scrambling to keep pace. Attackers are no longer relying solely...
MIND scores $72m to outrun AI-era data risks
MIND, the AI-native data loss prevention (DLP) platform, has closed a $72m Series B funding round to help enterprises protect sensitive data as artificial...
