Up to 50% of financial crime is fraud or cyber-crime
Up to half of all reported financial crime is either fraud or cyber-crime related and this percentage is growing year on year, according to financial advisor PIMFA.
The Bank of England picks AutoRek to automate reconciliation
The Bank of England has chosen RegTech solution AutoRek to help automate their reconciliation process and boost efficiencies.
Snowflake hits $12bn valuation after fundraise
Cloud data platform Snowflake has upped its valuation to a colossal $12.4bn, putting it into the decacon category.
Kount reveals new Identity Trust Global Network
AI-powered fraud prevention solution Kount has revealed its Identity Trust Global Network which will help block bad transactions and help organizations provide personalized experiences.
The...
Mitek releases new spoof-proof identity verification service
Digital identity verification platform Mitek Systems has created a new ‘spoof-proof’ facial comparison solution and it only requires one selfie.
SteelEye bags $10m in its Series A led by Eight Roads
Compliance and data analytics company SteelEye has secured $10m in its series A round which was led by Eight Roads.
ZignSec launches new anti-money laundering product as the RegTech company views global markets
The Swedish RegTech company ZignSec has rolled out a new anti-money laundering (AML) product as the Nordics are still dealing with the fallout of a massive banking scandal.
Republic of North Macedonia to launch national identity system with Mastercard
The Republic of North Macedonia’s government has revealed plans for a national digital identity service which is being built in partnership with Mastercard.
Shift Technology to help Suravenir Assurances with fraud detection
Shift Technology, an AI-powered fraud detection and claims automation solution, is deploying its solution to property insurer Suravenir Assurances to help tackle fraudulent claims.
RBS’ banking app Bó faces another setback as it forces 6,000 customers to destroy...
The Royal Bank of Scotland’s (RBS) banking app Bó has suffered yet another setback after it had to send out new cards to 6,000 customers as their old ones were non-compliant with the EU’s strong customer authentication (SCA) rules.
