Anti-Fraud

Advance.AI said to raise $50m in Series B+

China-based anti-fraud solution Advance.AI has reportedly collected $50m in its Series B+ round.

Americans have lost a total of $487m through covid-19 related fraud incidents

Americans lost a total of $487.9m through fraud over the past 18 months, according to new data from the Federal Trade Commission.

RegTech platform Onfido nabs $30m for new funding round

Identity verification provider Onfido has scored $30m in funding led by Crane Venture Partners.

ACI Worldwide announces new tools to comply with upcoming strong customer authentication rules

Florida-based ACI Worldwide is releasing a new suite of tools to ensure businesses are prepared for the final parts of the EU Revised Payment Service Directive (PSD2) snapping into action in September.

Cybersecurity firm Portnox snaps up $22m Series A

Endpoint security solution provider Portnox has bagged $22m from a Series A round of growth financing.
fintech-news

Arro Money to use Onfido for ID verification and KYC checks

Arro Money, a provider of personal and business accounts, has partners with has partnered with RegTech 100 company Onfido to offer real-time ID verification and KYC checks.

Atom bank picks SurePay to fight fraud and prevent misdirected online payments

Atom bank has picked RegTech SurePay to help the app-based bank to fight fraud and prevent misdirected online payments with its Confirmation of Payee solution.
How AI is transforming financial crime detection

How AI is transforming financial crime detection

As the financial market hits a very turbulent period, the risk of financial crime will only increase. But how can firms ensure they are prepared???

Arkose collects $6m to tackle online fraud

Arkose Labs, a San Francisco, California-based provider of online fraud prevention technology, has closed a $6m Series A round.

SentiLink closes Series B to support launch of new products

Identity verification technology developer SentiLink has collected $70m in its Series B round as it looks to enhance its product suite.

News Stories

ValidMind

ValidMind raises $8.1m in seed funding to enhance AI transparency in FinTech

ValidMind, a trailblazer in next-generation AI and model risk management for the FinTech sector, has secured $8.1m in seed funding.

NewRetirement clinches $20m in Series A to transform financial planning

NewRetirement, a financial planning platform for consumers and enterprise partners, has successfully closed its Series A funding round.
Unlocking the future of wealth: Strategies for intergenerational wealth transfer in the UAE

Unlocking the future of wealth: Strategies for intergenerational wealth transfer in the UAE

The impending great wealth transfer is poised to redefine the financial landscape of the Middle East. Kidbrooke, which offers outcome-driven analytics and data management...

New Zealand’s central bank unveils climate risk management blueprint for finance

The Reserve Bank of New Zealand – Te Pūtea Matua has taken a significant step towards fostering a stable financial system in New Zealand with the publication of a new Guidance aimed at helping regulated entities manage climate risks.

Philippines steps up financial innovation with new payment systems regulations

The Bangko Sentral ng Pilipinas (BSP) has introduced the Manual of Regulations for Payment Systems (MORPS),

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