BlockSec scores $8m from seed funding raise
BlockSec, a blockchain security startup, has bagged $8m in a seed funding round co-led by Vitalbridge Capital and Matrix Partners.
IRA record keeping solution IRALOGIX bags $22m
IRALOGIX, which develops IRA record keeping technology, has raised $22m in a new funding round.
Why AI is vital for transaction monitoring
With money laundering, terrorist financing and other financial crimes rising in an increasingly digitised world, the use of cutting-edge technology to deal with it is growing.
ECB head Lagarde targeted in hacking attempt
President of the European Central Bank Christine Lagarde was recently targeted in a hacking attempt, however no information was compromised.
Banque de France accelerates CBDC program
The Banque de France intends to speed up its wholesale CBDC program as it looks to be ready to introduce central bank money as a settlement asset as early as next year.
SymphonyAI set to snap up NetReveal from BAE Systems
SymphonyAI, a leader in enterprise AI SaaS for strategic industries, is set to acquire financial crime detection firm NetReveal from BAE Systems.
ACMA introduces new rules to tackle SMS scams
The Australian Communications and Media Authority (ACMA) has registered new rules to require telecos to identify, trace and block SMS scams.
KYC Portal releases new tool to streamline due diligence research
KYC Portal has released a new solution that aims to reduce the most time-consuming elements in due diligence, which is the research compliance teams need to conduct to build key principles and related entities in a corporate structure.
Resistant AI deploys tech into FINOM to improve AML fight
Financial crime prevention firm Resistant AI has deployed technology into Netherlands-based B2B FinTech FINOM to bolster AML measures.
Delio launches as South Korea’s first cryptocurrency bank
Delio, a digital finance platform, has introduced the first cryptocurrency bank to be launched in South Korea.