First-party fraud is now 50% more common than third-party fraud
First-party fraud, or “friendly fraud”, is now 50% more common than third-party fraud, according to a report from Fraud.net.
Automated data discovery platform Explorium secures $31m Series B
Explorium, a data science solution powered by automated data discovery, has closed its Series B on $31m.
UK Fintech Curve selects Onfido to provide streamlined onboarding for its customers
Banking platform Curve has partnered with Onfido, the global identity verification and authentication company, to speed up its client onboarding compliance processes.
Visa and Mastercard fined Wirecard for suspicious transactions
While the Wirecard scandal truly came to light this summer, it seems as if Mastercard and Visa have been concerned for many years about the now insolvent FinTech giant.
ComplyAdvantage closes $50m Series C to fuel expansion drive
Financial crime fighting tech company ComplyAdvantage has secured $50m in a Series C funding round that brought the total investment injected into it to $88m.
Bundesbank president calls for tougher rules to prevent another Wirecard scandal
Jens Weidmann, president of Bundesbank, has called for German regulators to toughen up its auditing and accounting rules or risk facing another Wirecard scandal.
RegTech platform Quantexa scored $64.7m in its Series C round
Quantexa, a contextual intelligence software company, has bagged $64.7m in its Series C round, which will help it move into new markets.
Former Wirecard CEO Markus Braun arrested again for his alleged part of a multi-billion...
Markus Braun, the former top boss at disgraced FinTech giant Wirecard, has been arrested for a second time in Munich for his alleged role in a multi-year fraud.
Rosen Law Firm calls for Wirecard securities purchasers to join class action lawsuit
The problems are growing for Wirecard as Rosen Law Firm is calling for people to join its class action lawsuit against the collapsed FinTech giant.
Could the government’s new stricter cryptoasset rules spell the end of illegal initial coin...
Not everyone who trades in cryptosassets are fully aware of the risks involved, but new proposed regulations may change that.