Legal setbacks postpone eurozone payment reform for non-bank providers
The European Central Bank (ECB) has announced a delay to the planned amendment of the TARGET Guideline, pushing back the timeline for allowing non-bank...
Proofpoint to acquire Hornetsecurity to expand global M365 security for MSPs and SMBs
Proofpoint has announced its plans to acquire Hornetsecurity Group, a pan-European provider of AI-powered Microsoft 365 security and data protection solutions.
The move brings together...
How financial institutions can improve their fight against scams
Scams are not a new threat; they have coexisted with the financial market since its beginnings. The earliest scam is estimated to have been in Ancient Greece and since then they have evolved to become so highly sophisticated that stopping them has become a Sisyphean task.
Why banks are ditching right-sizing in favour of AI-driven AML/KYC compliance
WorkFusion has teamed up with 1LoD to produce a comprehensive Financial Crime Benchmarking Survey & Report, offering fresh insight into how top global banks...
AI meets compliance: Why specialised models deliver real ROI
The role of artificial intelligence in regulatory compliance is no longer a futuristic concept—it’s a necessity.
According to 4CRisk.ai, despite this, many compliance professionals...
Hong Kong and Abu Dhabi unite to boost regulatory oversight of investment managers
In a move to deepen regulatory collaboration between Asia and the Middle East, the SFC of Hong Kong and the FRSA of ADGM have...
AI-powered cybercrime surge looms as first-party fraud hits 51% in the UK
A new cybercrime report by LexisNexis Risk Solutions has revealed a striking transformation in the UK’s fraud landscape, with first-party fraud now accounting for...
Plaid boosts fraud protection with deepfake detection and risk-based identity flows
Plaid has rolled out significant upgrades to its identity verification (IDV) product to counter the evolving threat of generative AI-enabled fraud.
The enhancements, unveiled...
Why Flagright is redefining compliance through artificial intelligence
Flagright recently secured $4.3m in seed funding to fuel product development and expand its global presence. Central to this growth is its AI Forensics...
Cybersecurity platform ClearVector secures $13m Series A to scale identity-driven defence
Cybersecurity company ClearVector, which specialises in identity-driven security solutions for complex production environments, has raised $13m in a Series A funding round.
