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Financial Crime/Fraud Prevention

CPP Group invests £1.2m in cyber risk startup KYND

CPP Group, the international product innovation business, has agreed to invest £1.2m in cyber risk startup KYND.

EU Banking Authority weighs in on FinTech regulation

The European Banking Authority is looking into how the FinTech sector is regulated but has urged caution in bringing cryptocurrencies under the ‘full scope of regulation’.

SEC warns investors about cryptocurrency exchanges

The Securities and Exchange Commission (SEC) has filed a fresh warning to investors about unregulated cryptocurrency exchanges.

Civic launches first CVC-powered KYC process for Votem’s presale

Civic, a blockchain identity-verification technology provider, has partnered with Votem to launch the first CVC-Powered Know-Your-Customer (KYC) process.

Fiserv and Mastercard offer fraud detection service

Fiserv, a provider of provider of financial services technology solutions, has partnered with Mastercard to offer a decision and fraud detection service.

IDnow launches KYC solution for crypto providers

IDnow, a provider of an Identity-as-a-Service platform that can verify users in real time, has launched a KYC solution for crypto providers.

UiPath collects $153m in Series B funding round

Robotic process automation software company UiPath has collected $153m in its Series B led by Accel.

GRC partners with AML Accelerate for AML/CFT compliance

GRC Institute has partnered with AML Accelerate to implement its AML/CFT compliance platform for conducting money laundering and terrorism financing risk assessments.

Brazilian regulator blocks bitcoin mining operation

Brazil’s Securities and Exchange Commission (CVM) has blocked an offer of securities related to a local bitcoin mining operation.

UiPath lands $120m for robotic process automation

UiPath, a robotic process automation developer, has reportedly closed a $120m investment, at a valuation of over $1bn.

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