UK backs certified digital ID for AML checks
HM Treasury and the DSIT have issued joint guidance confirming that certified DVS can be used to meet identity verification requirements under Regulation 28...
ThetaRay and Matrix USA partner on AI AML overlay
ThetaRay and Matrix USA have formed a strategic partnership aimed at helping financial institutions modernise transaction monitoring through an AI-driven overlay model.
The collaboration is designed...
Payouts platform Dots raises $8.9m in Series A
Dots, a global payouts platform for marketplaces and service-based businesses, has raised fresh capital totalling $8.9m.
The firm secured $8.9m in a Series A round...
Secfix raises $12m Series A to scale compliance platform
Secfix, a European end-to-end security compliance platform serving SMBs and mid-market companies, has raised $12m in an oversubscribed Series A funding round.
The round was...
Why AI governance needs prompt-level surveillance
AI adoption is accelerating across financial services and other regulated industries, but governance is struggling to keep up as firms scale usage faster than...
OCC moves to cut regulatory burden for community banks
The Office of the Comptroller of the Currency (OCC) has announced additional steps aimed at supporting community banks by reducing unnecessary regulatory burden, while...
54% of ID checks still manual amid scam surge
More than half of identity verification checks across key UK sectors are still being carried out manually, according to new data from SmartSearch, raising...
Why enterprises are adopting no-code AML
As financial crime grows more sophisticated and regulatory scrutiny intensifies, large financial institutions are reassessing how they manage AML compliance.
According to Flagright, for...
Experian acquires AtData to boost fraud defence
Experian has acquired AtData in a move designed to enhance digital identity and fraud prevention capabilities.
The acquisition is intended to expand Experian’s identity infrastructure...
Why real-life stories matter in financial crime compliance
The fight against financial crime is often framed as a regulatory obligation or a test of technical capability. In practice, it is far more...
