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Financial Crime/Fraud Prevention

SoftBank, TBCASoft work together to create blockchain-based identification services

SoftBank and TBCASoft have launched a blockchain-based identification and authentication working group under the Carrier Blockchain Study Group (CBSG).

SpyCloud closes $21m Series B to support product and team expansion

SpyCloud, a company specialising in account takeover prevention services, has bagged $21m in Series B funding.

Fenergo furthers expansion into commercial and retail banking with new hire

Client lifecycle management solutions developer and RegTech 100 company Fenergo has increased its expansion to commercial and retail banking space with new hire.

MUFG Bank enters consent order with US OCC to improve AML

MUFG Bank has entered a consent order with the US Office of the Comptroller of the Currency (OCC) to improve its AML compliance.

CipherTrace reels in $15m in round led by Aspect Ventures

Blockchain security company CipherTrace has reeled in $15m in venture capital funding led by Aspect Ventures.

Payments FinTech nsKnox raises $15m in Series A round

Corporate payment protection start-up nsKnox has raised $15m in a Series A investment round, as it plans the global expansion of its service platform. The round was...

Fingerprint Cards improves biometric sensors with new software launch

Fingerprint Cards has released its biometric software platform for payments, called FPC-BEP, which boosts the biometric sensors of payment cards, wearables and USB dongles.

BaFin bans net short positions in shares of Wirecard

German financial regulator BaFin has issued a general administrative act prohibiting the establishment of net short positions in shares of Wirecard.

NetGuardians selected by Pictet to improve fraud protection

Switzerland-based NetGuardians has been chosen by asset and wealth manager Pictet to strengthen its fraud protection.

BaFin expands mandate on Deutsche Bank

BaFin, the financial regulatory authority of Germany, has expanded its mandate on Deutsche Bank.

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