ACCC supports sustainable finance collaboration with strict oversight
The ACCC has released a draft decision proposing to authorise, with conditions, the collaboration between the ASFI and industry participants to advance sustainable finance...
Exaforce raises $75m to revolutionise security with multi-model AI
Exaforce, a cybersecurity and AI company specialising in agentic solutions for enterprise SOC environments, has raised $75m in Series A funding.
Cy4Data Labs secures $10m funding round led by Pelion Venture Partners
Cy4Data Labs, a cybersecurity firm specialising in next-generation data protection, has secured $10m in a first funding round aimed at redefining how data is...
BNY transforms compliance monitoring with Behavox Quantum AI
BNY has completed the implementation of Behavox Quantum, a move set to significantly bolster the financial giant’s compliance monitoring capabilities.
The deployment marks a...
AI-powered security operations firm Kenzo secures $4.5m seed funding
Kenzo Security, a cybersecurity startup specialising in AI-powered security operations, has emerged from stealth with $4.5m in seed funding aimed at accelerating its platform development and team expansion.
European RegTech funding fell by a fifth in Q1 2025 as deal activity stabilises
Key European RegTech investment stats in Q1 2025:
European RegTech funding fell by a fifth QoQ in Q1 2025
Average deal value decreased to...
Why contract renewal delays can cost millions in compliance failures
Renewing sanctions and Politically Exposed Persons (PEP) contracts is a critical component of staying compliant in the fast-evolving regulatory landscape. As financial institutions navigate increasingly stringent rules around financial crime and international sanctions, keeping these contracts up to date is no longer optional—it’s essential.
How financial institutions can modernise onboarding with smarter KYC and KYB
Client onboarding is a critical first step in understanding who financial institutions are doing business with and assessing potential risks. This know your client (KYC) process helps firms meet anti-money laundering (AML), counter-terrorist financing (CTF), and broader compliance requirements, while also preventing fraud.
New York crackdown targets illegal FinTech payday lending operations
New York Attorney General Letitia James has filed lawsuits against FinTech firms MoneyLion and DailyPay, accusing them of preying on hourly workers across the state with illegal, high-interest payday loans.
AI security firm Pillar raises $9m to secure the future of enterprise software
Pillar Security, a US-based startup specialising in AI-native cybersecurity solutions for enterprises, has announced the close of a $9m seed funding round.
