SunBridge Partners sells stake in Kyriba Japan
SunBridge Partners has sold its hold in treasury management solution Kyriba Japan, following the company’s recent investment from Bridgepoint.
New deal sees Feedzai support North American Bancard with fraud protection capabilities
Feedzai has partnered with North American Bancard (NAB) to launch a new fraud solution to enhance fraud protections and risk management for merchants.
Suncorp is latest Australian financial institution to deploy Arctic’s AML solution
Australian finance, insurance and banking corporation Suncorp has implemented Arctic Intelligence’s AML and CTF solutions.
Risk control FinTech Tongdun Technology bags $100m of funding
Chinese risk-control services provider Tongdun Technology has raised more than $100m of investment in a funding round led by state-owned investor China Merchants Capital, GGV Capital and others.
A suspicious transaction database is needed to help battle money laundering and fraud
A centralised database for suspicious transactions would be the best way to help financial institutions improve the fight against money laundering and fraud, according to Pedro Pinto Coelho, CEO at Banco BNI Europa.
Swedbank launches financial fraud unit in wake of money laundering probes
Nordic banking group Swedbank has launched a unit dedicated to financial fraud and security amid a money laundering scandal which has sent the bank's valuation reeling.
Natwest becomes first UK bank to release biometric cards
Natwest has released the first fingerprint scanning card to be issued by a UK bank, with an initial pilot currently underway.
Raiffeisen Bank International teams with Feedzai to boost fraud prevention
Austrian Raiffeisen Bank International (RBI) has formed a partnership with Feedzai to improve its fraud prevention powers.
Forter launches PSD2-compliant payment processing solution
E-commerce fraud prevention company Forter has launched a new PSD2-compliance solution for merchant payment processing.
FinCEN fines Bitcoin trader $35,000 for AML and BSA breaches
The US’ Financial Crimes Enforcement Network (FinCEN) has fined a Bitcoin trader $30,000 for breaching the Bank Secrecy Act’s (BSA) registration, program, and reporting requirements.