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Financial Crime/Fraud Prevention

Tellius closes $7.4m Series A to expand AI-based analytics platform

Tellius, an AI-based business analytics platform, has closed a $7.4m Series A funding round, led by Veraz investments.

PayPal sttles with FTC over Venmo’s security claims

PayPal has reached a settlement with the Federal Trade Commission (FTC) over failure to disclose information to costumers on security and privacy issues.

UK savings app Bean launches after landing FCA approval

Bean, a UK-based comparison app which helps users find savings, has officially launched its service after receiving approval from the Financial Conduct Authority (FCA).

SEC launches probe into ICO presales

The Securities and Exchange Commission is reportedly looking into a number of ICOs that were completed last year.

Vaultbank’s decentralised exchange launches in beta

Vaultbank has announced the beta launch of its decentralized exchange, which enables the trading of security tokens.

Bank of England chief calls for cryptocurrencies regulation

Bank of England governor Mark Carney has reportedly called for Cryptocurrencies to be regulated.

FinTech picks Accuity to identify financial crime during onboarding

Payments solution company Lemon Way has chosen Accurity to streamline its financial crime compliance process.

LexisNexis partners with AML Accelerate for AML/CFT compliance

LexisNexis, a provider of legal, regulatory and business information, has partnered with AML Accelerate to enable its customers to comply with AML/CFT compliance obligations.

LHV to tackle AML with FICO compliance solution

LHV, the largest domestic financial group in Estonia, will use FICO's compliance solution to combat money laundering.

Sigma one of the first startups to join Bahrain FinTech Bay

Bahrain FinTech Bay, a FinTech hub for the Middle East and Africa, has opened and announced its founding partners and some of its startups.

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