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Financial Crime/Fraud Prevention

QuantaVerse to deploy AML solutions to Cathay Bank

QuantaVerse, an AI-powered solution which helps to identify crime, has agreed to provide Cathay Bank with AML protection services.

Payfone looks to launch services in 35 new countries during 2019

Digital identity authentication company Payfone is looking to launch its services to 35 new global markets next year.

MondoBrain collects $13.3m to boost international sales/marketing efforts

MondoBrain, which provides enterprise augmented intelligence to support business decisions, has collected $13.3m in its Series A round. The capital injection was led by France-based...

Gatecoin integrates Coinfirm’s AML solution

Hong Kong-based cryptocurrency exchange Gatecoin has integrated Coinfirm’s ANK risk and compliance solution.

IDEX partners with Infineon to build biometric cards

IDEX Biometrics has partnered with Infineon Technologies to offer cards with integrated biometric security. The companies are hoping to merge the fingerprint identification and authentication...

NEXT Biometrics, MK Group partner for R&D program for biometric cards

NEXT Biometrics has teamed with MK Group to launch an R&D scheme for biometric smart cards.

Venmo reportedly hit operating losses of $40m for first three quarters of 2018

Venmo has reportedly reached operating losses of $40m following a string of payments frauds earlier in the year.

Asseco SEE joins NextGenPSDE support initiative

Asseco South Eastern Europe (Asseco SEE) has joined the NextGenPSD2 Implementation Support Programme (NISP) to support banks with PSD2 requirements.

IDEX, Chutian Dragon partner for biometric cards

IDEX Biometrics has teamed up with Chutian Dragon to develop dual-facing biometric cards.

Japan Payment Card Consortium to combat fraud through blockchain solution

Japan Payment Card Consortium has launched the proof of concept (PoC) for sharing fraud information via blockchain technology.

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