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Financial Crime/Fraud Prevention

Velix.ID postpones token sale to improve security

Velix.ID, which is using blockchain to enable frictionless identity verification, has postponed its token sale.

IdentityMind launches regulatory compliance solution for ICOs

IdentityMind Global, a fraud prevention & risk management platform, has launched a new regulatory compliance solution for initial coin offerings (ICOs).

Core banking developer Ohpen closes €25m Series C

Core banking developer Ohpen has closed a €25m Series C funding round from private equity firm Amerborgh.

SEC halts AriseBank’s $1bn initial coin offering

The US Securities and Exchange Commission (SEC) has put the brakes on an initial coin offering (ICO) that was seeking to raise up to $1bn to develop '‎the world’s first decentralized bank'.

SPiCE VC closes pre-ICO sale on $40m

Cryptocurrency venture capital firm SPiCE VC, which has closed its pre-ICO sale on $40m, has now launched its ICO.

Coinfirm closes token sale on more than $19m

Coinfirm, an anti-money laundering (AML) and counter-terrorism financing (CTF) platform, has ended its token sale with more than $19m worth of AMLT Tokens.

4finance deploys FICO AML and KYC solutions

European lender 4finance Group has deployed anti-money laundering (AML) and know your customer (KYC) compliance solutions across a host of countries.

Digital money platform Uphold nets $57.5m funding round

Digital money platform Uphold has received an $57.5m funding from a group of investors, including Greg Kidd.

Tender Armor closes Series A to prevent payment fraud

Tender Armor, a global fraud prevention payments technology provider, has closed a multi-million-dollar Series A round.

Jumio to provide KYC to ICOs through Byteball partnership

Jumio, a digital identity verification provider, has teamed up with smart cryptocurrency payments platform Byteball.

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