US Department of Energy injects $15m into university cybersecurity hubs
The US DoE has made headlines with its announcement of a $15m investment aimed at fortifying cybersecurity within the energy sector.
MAS launches transformative platform to combat money laundering
The MAS has unveiled Cosmic, an acronym for Collaborative Sharing of Money Laundering/Terrorism Financing Information and Cases, a new money laundering platform.
Strategies to overcome false positives in AML screening processes
In the nuanced domain of AML compliance, distinguishing between legitimate and suspicious transactions poses a considerable challenge.
Cybersecurity in 2024: A deep dive into FinTech’s top concerns and strategies
Nearly 40% of compliance professionals across asset management, investment adviser, and private markets firms remain unprepared for the cybersecurity risks posed by AI, reveals the 2024 Cybersecurity Benchmarking Survey.
Bertrand Dezard joins Mangopay to lead global fraud prevention drive
Mangopay, a provider of modular payment infrastructure, has announced the addition of Bertrand Dezard as the new Head of Sales for Fraud.
Why banks are increasing their RegTech spend year-on-year
As technology continues to expand its reach within the financial services market, many banks are looking over their shoulder at the vast litany of...
CertifID secures vital growth capital from CIBC Innovation Banking to combat wire fraud
CIBC Innovation Banking, a Canadian financial institution, has recently announced a significant financial commitment to CertifID, a pioneering company in the sphere of wire fraud prevention.
RTP Global and Picus Capital invest $2.5m in SydeLabs to bolster GenAI security
SydeLabs, a startup specialising in security and risk management for Generative AI, has announced a significant milestone in its journey.
AI’s role in enhancing transaction monitoring and compliance
In the complex landscape of global finance, the battle against money laundering and terrorism financing is intensifying.
In a recent whitepaper by RelyComply, the company...
Form3 partners with Feedzai to unveil APP fraud prevention tool
Form3, an account-to-account platform, has announced a partnership with Feedzai, a market leader in anti-fraud and financial crime software.