Refund abuse is becoming an AML compliance issue
Regulated firms are facing growing pressure to look beyond individual chargebacks and refunds and consider what these activities reveal about wider financial crime risk....
Osavul raises €8.5m as hybrid threats reach business
Osavul, an AI-powered hybrid risk intelligence firm whose clients include NATO and defence bodies around the world, has closed an €8.5m Series A round...
Armadin bags $255.5m Series B for autonomous security
Armadin, an AI-native cybersecurity company focused on autonomous security, has secured $255.5m in a Series B funding round that pushes its valuation beyond $2.5bn,...
AML automation: where compliance needs humans
Financial institutions are increasingly using automation to manage growing AML workloads, but RegTech provider ZIGRAM argues that more automation does not necessarily mean better...
KYND tackles shadow AI blind spot in cyber underwriting
KYND has introduced AI detection functionality that lets cyber underwriters see which AI technologies a business is running across its public-facing digital estate, reducing...
Why Fraud-as-a-Service is putting AML under pressure
Fraud-as-a-Service (FaaS), in which criminal groups buy or rent data, tools, infrastructure and specialist capabilities, is creating a more fragmented financial crime environment for...
Deepfake threats push Modulate to a $25m audio AI raise
Modulate, the frontier audio AI firm, has secured $25m in fresh capital as organisations deploying voice agents discover that a transcript alone cannot reveal...
UK takes its fraud fight to Cambodia’s scam compounds
Britain has opened a new front against offshore fraud, with the UK government signing a Memorandum of Understanding (MoU) with Cambodia that allows the...
Evolution Equity leads $400m Series F in Island
Island, which positions itself as the agentic control plane for enterprises, has secured $400m in a Series F round that values the business at...
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...
