Ople collects $8m in its Series A to support team growth
California-based Ople has collected $8m in its Series A round which will aid the growth of its AI building platform.
OCC fine Capital One $100m for AML deficiencies
The Office of the Comptroller of the Currency (OCC) has handed a $100m fine to Capital One Bank for AML deficiencies.
LexisNexis suggests financial crime compliance initiatives
LexisNexis has launched new product initiatives for banks to comply with global economic sanctions regulations and financial crime risks.
ClearBank picks Featurespace for fraud & AML detection
ClearBank, the UK's first new clearing bank, has picked Featurespace’s ARIC platform to address fraud and AML detection.
Sift Science launches new reporting suite
Sift Science, a provider of fraud prevention and risk management solutions using real-time machine learning (ML), has a new reporting suite.
Feedzai launches new AI powered solution to fight financial crime
Feedzai has launched a solution to find and visualise complex financial crime patterns using link analysis graph technology.
Contis leverages Featurespace’s AI fraud prevention system
Contis, a banking, payments and processing solution provider, has partnered with Featurespace to fight transactional fraud.
Hummingbird collects $3m for AML platform
Hummingbird, a provider of anti-money laundering and counter-terrorist financing investigations, has raised $3m.
Societe Generale begins testing biometric cards
Societe Generale has become the first bank in France to experiment the use of biometric cards to expand contactless capabilities across the country.
SEC launches FinTech hub to engage with startups
The U.S. Securities and Exchange Commission has launched a new hub to engage with companies using blockchain, artificial intelligence and Cryptocurrencies, among others