Ardian Growth, MCH Private Equity team up to buy RegTech company Logalty
Private investment firms Ardian Growth and MCH Private Equity have teamed up to acquire Logalty, an electronic signature company.
Signifyd to bolster commerce platform following large Series E closure
California-based fraud protection enterprise Signifyd has closed a $205m Series E funding round led by Owl Rock Capital.
OpenEnvoy snags $6.5m to help companies avoid fraud
SaaS FinTech eliminating AP fraud with automation OpenEnvoy secured $6.5m led by Riot Ventures to expand its automated invoice auditing capabilities.
Ikano taps TruNarrative to support global fraud prevention strategy
Swedish bank Ikano has chosen UK RegTech platform TruNarrative to provide digital onboarding and fraud risk management services for its company.
Singapore branch of Swiss bank fined for breaching anti-money laundering requirements
The Singapore branch of the Swiss wealth manager Bank J Safra Sarasin (BJS) was fined $750,000 by the Monetary Authority of Singapore (MAS) for serious breaches of anti-money laundering and countering the financing of terrorism (AML/CFT) requirements.
SafeGuard Cyber pulls in $45m to scale risk protection platform
Virginia-based cybersecurity firm SafeGuard Cyber has secured $45m in equity and debt financing to help expand its reach in the digital risk protection market.
Robust trade surveillance program reinforces market integrity in digital asset markets
Digital asset venues are finding a robust trade surveillance program reinforces market integrity and attracts investors used to operating in more transparent environments, according to regulatory expert Joseph Schifano.
How name science can improve the automation capabilities in AML and anti-fraud processes
Combating money laundering and fraud is a tall order and while AI technology is being utilised to improve the battle, leveraging name science is key to unlocking the technology’s full potential.
SEC secures asset freeze on alleged film rights-linked Ponzi scheme
A Hollywood-based film company has had its assets frozen after the Securities Exchange Commission (SEC) claims the firm was harbouring a Ponzi scheme.
Payments fraud has declined but continues to pose a serious problem for FinTechs, AFP...
As digital payment fraud continues to shoot up, business email compromise (BEC) continues to be the most common source of fraud attempts, says new report from Association for Financial Professionals (AFP).