The European Commission makes four proposals to revamp AML and CFT efforts
The European Commission has announced the creation of a new EU authority to fight money laundering, as part of a series of proposals to combat rising fraud threats.
AuthenticID receives $100m in minority investment from Long Ridge Equity Partners
AuthenticID, an identity proofing solution, has secured $100m in a minority investment from Long Ridge Equity Partners.
UK financial institutions spend an average of £374k annually on preventing financial crime, study...
Financial crime prevention costs UK financial institutions an average of £374k every year, according to new research from global legal company, DWF.
The European Banking Authority seeks comments on identification of shadow banking entities
The European Banking Authority has launched a public consultation on its proposed changes to regulatory technical standards (RTS) for identification of shadow banking entities for reporting large exposures.
The EU’s new Anti-Money Laundering Authority welcomed by industry professionals
The European Union’s new Anti-Money Laundering Authority (AMLA) is being welcomed by many professionals in the financial services space.
Nearly half of financial institutions to spend SCA extension time on improving roll out
UK banks welcome the six-month extension to implement strong customer authentication (SCA) for e-commerce transactions, with 42% planning to use the time to improve and enhance their roll out plans.
Bug bounty and VDP platform YesWeHack hauls in $18.8m to help firms find online...
Paris-based YesWehack, a bug bounty and Vulnerability Disclosure Policy (VDP) platform raised $18.8m in Series B funding led by Banque des Territoires and Eiffel Investment Group.
The company’s Series...
Interos becomes latest female-led FinTech unicorn
Interos becomes the latest female-led unicorn after its $100m Series C round upped its valuation to more than $1bn.
Kapalya receives grant for its encryption management solution
Kapalya, an encryption management platform, has received a $256,000 grant from the US’ National Science Foundation (NSF).
DNSFilter hauls in $30m Series A to fight DNS threats with AI
Washington, DC-based provider of DNS content filtering and threat protection solutions, DNSFilter closed a $30m series A funding round led by investment firm Insight...