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SaaS transforms financial crime prevention
Financial services are embracing software-as-a-service (SaaS) models to drive efficiency and security, with adoption in banking, financial and insurance sectors projected to reach over $130bn by 2027, up from $54bn in 2022. Within financial crime prevention alone, spending on cloud-based solutions is expected to make up 32% of deployment spending, reflecting a sector eager to modernise its compliance defences.
DataBahn.ai bags $17m to scale AI data pipelines
DataBahn.ai, a FinTech focused on building security-native data pipeline platforms for modern enterprise workloads, has announced the completion of a $17m Series A funding round.
AI security platform Swimlane raises $45m to fuel growth
Swimlane, a provider of AI hyperautomation solutions for enterprise security operations, has raised $45m in a new growth funding round.
The investment was led by...
AI agents revolutionise financial crime investigations
SymphonyAI has unveiled its pioneering Sensa Agents, a suite of agentic AI tools built to transform how financial institutions investigate and manage financial crime.
Fenergo debuts FinCrime Operating System to redefine client lifecycle management
Fenergo, a leading provider of digital solutions for CLM and regulatory compliance, has introduced its FinCrime OS.
Best practices for integrating AI into legacy financial systems
The financial industry is under growing pressure to modernise, particularly when it comes to fighting financial crime. In this context, artificial intelligence (AI) has become a powerful tool for improving anti-money laundering (AML) efforts and ensuring regulatory compliance. But for many institutions still running on legacy systems, implementing AI can feel like an uphill battle.
Orca snaps up Opus in bid to automate cloud risk prevention...
Orca Security, a leader in agentless cloud security, has announced its acquisition of Opus, a fast-growing startup focused on agentic AI-powered automation and orchestration....
Dataminr raises $100m from Fortress to expand real-time AI intelligence platform
Dataminr, Fortress Investment Group, NightDragon, HSBC, artificial intelligence, Gen AI, Agentic AI, real-time intelligence, corporate AI solutions, government AI solutions, enterprise AI innovation, AI investments, cybersecurity, data analytics, AI-powered risk detection, multi-modal fusion AI
Cynomi raises $37m to boost vCISO services for MSPs and MSSPs
Cynomi, a cybersecurity company on a mission to revolutionise how service providers deliver cybersecurity and compliance services, has secured its Series B.
Identity protection platform AuthMind secures $19.3m seed round led by Cheyenne...
AuthMind, a cybersecurity company specialising in identity protection, has raised $19.3m in a seed funding round aimed at accelerating its product and market expansion.









