Noname Security joins the cyber unicorn club following Series C
US-based API security firm Noname Security has secured the unicorn horn after a recent $135m Series C pushed its valuation over $1bn.
How QuantaVerse is applying AI and machine learning to improve AML program effectiveness
Innovations in anti-money laundering (AML) are leading to many businesses reenvisioning how they approach compliance. As financial institutions welcome modern technologies to better adhere to regulations, they realise other benefits from automating their AML practices, says QuantaVerse Founder David McLaughlin.
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.
