Tag: Fintech

Evaluating the business line of potential clients is a key part of Know Your Customer (KYC) procedures in commercial relationships. However, analysts often spend substantial time utilising search engines and other manual processes to establish a client's Line of Business. This allows them to assess the risk involved in onboarding records or transactions.

SnippetSentry, a Silicon Valley-based firm that empowers companies to tackle the significant challenge of unmonitored mobile communications data, is experiencing an unprecedented client demand for their fully programmable mobile enterprise data security platform, SnippetExchange.

Cybeats Technologies Corp., a cybersecurity firm specialising in software bill of materials (SBOM) management and software supply chain intelligence technology, has successfully closed its second and final tranche of a non-brokered private placement.

Cybersecurity firm, Netwrix, has today announced a strategic investment from Centerbridge Partners, a prominent private equity firm with a global footprint.

DataVisor, a global pioneer in online fraud detection and financial services risk management, has secured strategic funding from CMFG Ventures, the venture capital subsidiary of CUNA Mutual Group.

Onspring, a software as a service (SaaS) platform that specialises in governance, risk, and compliance (GRC), has successfully raised a strategic round of funding.

Prewave, a supply chain risk management and compliance platform, has secured €18m in a Series A+ funding round led by European venture capital firm Creandum.

Amidst growing acknowledgment of AI's prowess in uncovering fraud and financial crime, there remains a gap between those financial institutions (FIs) recognising its potential and those implementing it.

BioCatch, the pioneer in behavioral biometrics intelligence and a global leader in digital fraud detection, has recently announced that Permira Growth Opportunities has acquired a significant minority stake in the company.

Swedish-based credit information startup Kreditz, a Nordic market leader in credit scoring and verification services, has recently raised €10m in its latest funding round.