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Financial Crime/Fraud Prevention

Pixalate reels in $18.1m growth capital to speed up expansion

Fraud protection, privacy and compliance analytics platform Pixalate has raised $18.1m in growth funding.

EPA calls for greater digital identity push in light of growing financial crime

A whitepaper by the Emerging Payments Association (EPA) has detailed that a stronger focus on digital identity could help combat soaring cases of financial crime.

Google and Microsoft to funnel $30bn into cybersecurity up to 2026

Google and Microsoft have revealed that they are planning to invest $30bn in cybersecurity advancements over the next five years.

SEC charges BitConnect founder with $2bn cryptocurrency fraud

The US Securities and Exchange Commission (SEC) filed charges against BitConnect and its founder Satish Kumbhani, as well as a US-based promoter, Glenn Arcaro,...

FCA warns UK banks and FinTechs on Afghanistan financial crime threat

Britain’s watchdog Financial Conduct Authority (FCA) warned banks to be vigilant about the risk of being used for criminal operations such as terrorist financing or money laundering in Afghanistan as the Taliban completes its takeover of the country.

US DOJ unveils fellowship program to bolster legal fight against cybercrime

The US Department of Justice (DOJ) is launching a fellowship program that is designed to develop legal expertise to deal with cyber threats that impact national security.

How can financial institutions strengthen their banking authentication processes?

A recent OneSpan webinar examined how financial institutions can get to grips with bolstering their digital banking authentication processes and secure buy-in.

SurePay bags €12.2m to help companies prevent payment fraud

SurePay, which provides confirmation of payee services, has collected €12.2m in a round led by Connected Capital.

D3 Security secures $10m funding from Vistara Growth

Security orchestration D3 Security has raised $10m in growth equity funding from Vistara Growth.

Single-factor authentication is a bad cybersecurity practice, CISA warns

The Cybersecurity and Infrastructure Security Agency (CISA) has added single-factor authentication (SFA) to its list of bad cybersecurity practices that it advises against.

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