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What Canada’s FATF evaluation means for compliance teams

When the Financial Action Task Force (FATF) arrives in Canada later this year, it will mark a crucial test of the country’s financial crime...

AI transforms tax compliance for financial institutions

A long-standing challenge in global tax operations has been the collection, validation, and maintenance of tax documentation from non-U.S. intermediaries. Among these, the W-8IMY...

Moneypool taps Flagright to boost transaction safety

Moneypool, a digital payments platform that enables users to pool money with friends for events, gifts, and shared plans, has partnered with Flagright. The collaboration...

Defakto bags $30.75m Series B for AI identity security

Defakto, a cybersecurity company specialising in non-human identity security and formerly known as SPIRL, has raised $30.75m in a Series B funding round. The investment...

Treasury unveils new Scale-Up Unit for start-ups

Chancellor Rachel Reeves has unveiled a new “Scale-Up Unit” under the Treasury’s Financial Services Growth and Competitiveness Strategy, aimed at revitalising the UK’s position...

Microsoft and M-Files redefine document management

M-Files, a document management system, is working with Microsoft to use AI to transform fragmented document systems with a secure and unified intelligent collaboration...

Open source leader Chainguard bags $280m funding

Chainguard, a cybersecurity company focused on securing open source software, has raised $280m in growth financing from General Catalyst’s CVF. The latest investment follows Chainguard’s...

Anrok raises $55m to boost AI tax automation

Anrok, a global sales tax compliance platform powering digital-first businesses, has raised $55m in a Series C funding round. The investment was led by Spark...

Acoru raises €10m to fight AI-driven bank fraud

Madrid-based FinTech firm Acoru, a specialist in AI-driven fraud and money laundering prevention, has secured a €10m Series A funding round to strengthen its...

Label partners with TaxTec to streamline global tax ops

Label and TaxTec have announced a strategic partnership to deliver innovative integrated solutions across tax operations and compliance. The collaboration aims to combine Label’s end-to-end...

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