How banks can strengthen their risk-based approach to financial crime
A recent case study by financial crime prevention firm Acuminor has detailed how banks can improve their stance of tackling the financial crime threats they face through its risk-focused technology.
Why financial institutions may need tools to understand Portuguese for due diligence
To ensure financial institutions understand the risks of doing businesses around the world, having a due diligence and adverse media screening tool that understands Portuguese is vital.
US set to sanction crypto wallets and exchanges in ransomware crackdown
The Biden Administration is expected to begin issuing sanctions against crypto exchanges, wallets and traders used by ransomware groups to crackdown on cyberattacks.
Zūm Rails unveils new anti-fraud tools to strengthen payment security
Open banking firm Zūm Rails has introduced a new set of anti-fraud tools to bolster the security of its Instant Deposit feature on its platform.
China set to introduce digital yuan by early 2022
The People’s Bank of China (PBOC) has revealed it aims to fully launch the e-CNY digital currency by February 2022.
Digital currency compliance platform Coinfirm hits Series A close on $8m
Coinfirm, an AML compliance solution for digital currencies and blockchain-based financial ecosystems, has closed its Series A funding round on $8m.
Ketch secures fresh investment just months after former round
Ketch, which automates data compliance for businesses, has reportedly closed another $20m in funding, just months after former investment.
XTransfer eyes upgrade following $138m Series D funding haul
Financial and risk management services provider XTransfer has raised $138m from a Series D funding round led by D1 Capital Partners.
Entersekt releases new FIDO authentication tool
Entersekt, which has built a mobile-based authentication and app security software, has enabled FIDO authentication on its platform.
FinTech-focused venture firm QED Investors closes fund on $1.05bn
Global FinTech-focused venture capital firm QED Investors has closed its seventh fund on $1.05bn, as it eyes opportunities in US, UK, Latin America and Southeast Asia.