Cloud security remediator Dazz bags $60m funding
US cloud security remediation firm Dazz has secured $60m from a funding raise.
The five pillars of strong corporate KYC compliance
Founded in 2015, Know Your Customer provides digital onboarding solutions to financial institutions and regulated organisations globally. The company builds its KYC platform as an interconnected set of web apps, APIs, databases and pre-trained machine learning models – and is helping to change the game in digital corporate onboarding.
Cequence Security lands $60m funding to meet rising API security demand
US API security firm Cequence Security has raised $60m from a Series C funding raise led by Menlo Ventures.
NatWest hit with first criminal charge pursued by FCA
National Westminster Bank (NatWest) has been fined £264m for three accounts of money laundering failures.
AUSTRAC, Services Australia team to unveil financial crime guide
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has teamed with government agency Services Australia to launch a financial crime guide.
Tiger Global backs cyber firm Guardio in funding raise
Cybersecurity startup Guardio has raised $47m from a funding round headed by Tiger Global following three years in beta mode.
UK’s FCA releases Christmas jingle to fight fraud
The UK’s Financial Conduct Authority releases a song it hopes can help protect consumers from loan fee fraud during Christmas.
Merchant acquirer PAYSTRAX buffs up AML with Sentinels
European merchant acquirer PAYSTRAX has picked transaction monitoring platform Sentinels to bolster its anti-money laundering processes.
EBA unveils public consultation on remote customer boarding guidelines
The European Banking Authority (EBA) has launched a public consultation on its draft guidelines for the use of remote customer onboarding solutions.
Afero to invest in stronger IoT security following $50m Series C
IoT device communication security firm Afero has raised $50m in a Series C funding to double its total raised since inception to $100m.