How information sharing can revolutionise fraud prevention in FinTech
In Lithuania, financial fraud has escalated alarmingly, with reports increasing by 13% since 2018, while the number of cases resolved has dropped by over 70%.
Sedric AI clinches $18.5m to pioneer AI compliance solutions in FinTech
Sedric AI, a leading innovator in AI-driven compliance solutions for financial institutions, announced today that it has successfully secured $18.5m in Series A funding.
European software firm SecureFlag bags significant funding from Copilot Capital
Copilot Capital, a new private equity firm, has announced a significant majority investment in SecureFlag, a dynamic software company known for its cutting-edge cybersecurity training solutions.
CIBC Innovation Banking fuels threatER with growth capital to enhance cyber defenses
CIBC Innovation Banking provides growth capital to threatER, a leader in cyber defense technology, bolstering its capabilities to secure networks against sophisticated digital threats.
Uniqkey secures €5.35m to fortify SME cybersecurity across Europe
Uniqkey, the Denmark-based cybersecurity firm, has successfully secured €5.35m in funding to expand its robust cybersecurity solutions across Europe.
According to Tech EU, the...
FCA urges banks to boost accessibility of basic bank accounts
The FCA is urging banks, building societies, and payment firms to enhance their efforts in making basic bank accounts more accessible.
From threat to prevention: Addressing the surge in global sextortion scams
Sextortion is rapidly becoming a significant online threat, especially to teenagers, predominantly teenage boys.
According to Moody's, the Federal Bureau of Investigation (FBI) has...
From risk to reward: Elevating exit valuations through effective cyber strategies
Private equity firms have gradually begun to recognize the importance of cybersecurity oversight, moving beyond basic pre-acquisition cyber due diligence.
According to ACA Group, initially,...
Mastering KYC and AML essentials to enhance customer security
KYC is more than just a compliance requirement; it's a critical safeguard against financial crimes such as money laundering and fraud.
American Binary secures $1m investment from HEST to enhance quantum encryption
American Binary, a trailblazer in post-quantum encryption technologies, has recently secured a strategic investment.
