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How to enhance KYC and CDD processes for better customer experiences
Balancing a seamless customer onboarding experience with stringent compliance measures can be challenging. RelyComply, an intelligent AML compliance platform, recently outlined strategies and best practices to streamline the KYC/CDD process, helping businesses navigate anti-money laundering (AML) regulations while enhancing customer satisfaction.
HoundDog.ai raises $3.1m to enhance AI-driven data security and privacy compliance
HoundDog.ai, the company implementing data security and privacy controls at the code level, has completed a $3.1m seed round.
Boosting identity-based security, Elisity raises $37m from Insight Partners
Elisity, a leading pioneer in identity-based microsegmentation, announced a significant financial boost with a $37m Series B funding round led by global software investor Insight Partners.
Prophet Security launches with $11m from Bain Capital to automate security...
Prophet Security, a company that has just stepped out of stealth mode, has announced securing $11m in seed funding.
Regnology clinches prestigious Google Cloud award for its transformative financial reporting...
Regnology, renowned for its cutting-edge regulatory reporting solutions, has been named the 2024 Google Cloud Industry Solution Partner of the Year in the Financial Services and Insurance sector.
GrammaTech secures $1m in DARPA AI Cyber Challenge for cybersecurity innovation
GrammaTech, a premier cybersecurity service and software development tool provider, has achieved a significant milestone by being one of the winners in the Defense Advanced Research Projects Agency (DARPA)'s Artificial Intelligence Cyber Challenge (AIxCC).
Navigating API security: Key strategies for safer applications
In today's digitally-driven world, the proliferation of web applications has made accessing vast troves of information nearly instantaneous. However, this convenience raises important security...
Clarity secures $16m in seed funding to combat Deepfakes with AI...
Clarity, an innovative firm specialising in AI cybersecurity, has successfully secured $16m in seed funding. The round was led by prominent investors Walden Catalyst and Bessemer Venture Partners, marking a significant step forward for the company.
Verto partners with Resistant AI for groundbreaking document verification
Verto, the innovative cross-border payment platform catering to emerging economies, has announced a strategic partnership with Resistant AI, specialists in AI- and machine learning-powered financial crime prevention.
Revolut’s new AI tool fights rising scam epidemic
Revolut has recently unveiled an innovative artificial intelligence (AI) tool aimed at combating authorised push payment (APP) fraud, a sophisticated scam where criminals deceive individuals into willingly transferring money into fraudulent accounts.