Meta and UK banks forge partnership to tackle online scams
Meta has teamed with NatWest and Metro Bank to combat online fraud, embarking on a partnership to bolster fraud detection.
Xmore AI secures investment from reAlpha AI Labs to enhance cybersecurity solutions
reAlpha Tech Corp, a trailblazer in real estate technology, has announced a strategic investment in Xmore AI.
AMLYZE garners €2.35m in seed funding to combat financial crime
AMLYZE, a RegTech company, has successfully closed a €2.35m seed funding round.
How is RegTech helping SMEs with their regulatory challenges?
SMEs are often the lifeblood of an economy, and being able to protect against future challenges – whether physical or digital – are always...
Flagright to transform SEBES Technology’s payment solutions through new agreement
Flagright has welcomed as its newest customer SEBES Technology, to help the latter bolster the security and compliance of its global financial services.
EU crackdown on 17 states failing to implement new sustainability rules
The European Commission has recently initiated infringement procedures against 17 EU member states, signaling serious enforcement of the new CSRD.
According to ESG Today, this...
Bank of England leads major resilience test to safeguard UK economy
The Bank of England, alongside UK Finance and various other financial authorities including HM Treasury and the Financial Conduct Authority, recently spearheaded a critical simulation known as SIMEX 24.
Harmonic Security secures $17.5m in Series A to transform data protection
Harmonic Security, a pioneering cybersecurity firm, has successfully completed a Series A funding round, securing $17.5m.
Starling Bank slapped with £29m fine for weak financial crime defenses
The FCA has imposed a hefty £28.96m fine on Starling Bank for what it described as "shockingly lax" financial crime controls.
Is AI helping improve the risk assessment process?
Whilst its existence in the industry has been known for countless years, the impact and use of AI in financial services has ramped up massively over the past three years. In the area of risk assessments, how has AI changed this process?
