Anti-Fraud

Last week, UK Finance, the banking trade association, issued a cautionary advisory to financial institutions regarding approximately 800 suspicious filings concerning 190 companies submitted to Companies House. These filings purportedly revolve around the erroneous discharge of registered charges.

Of the 41 FinTech investment deals last week, companies in three sectors, in particular, proved to be exceptionally successful as the list of FinTech unicorns continues to grow.

Lucinity, which supplies banks with productivity tools to fight financial crime, has closed its Series B funding round on $17m.

From: RegTech Analyst The global anti-money laundering software market is expected to double in value over the next few years. The AML software market is expected...

Tel-Aviv-based software-as-a-service security company Atmosec has raised $6m from its seed funding round as it launches out of stealth mode.

A survey by internet security firm Malwarebytes has found that black, indigenous and people of colour (BIPOC) are more likely to suffer from identity theft.

From: RegTech Analyst Mastercard partner Deep Labs has bagged $16m to boost the development of its transaction authentication and authorisation technology. Gunnar Overstrom, partner at Corsair...

Anti-money laundering and fraud solution provider Alessa has named Holly Sais Phillippi as its new chief executive officer.

Israeli cloud security company Aqua Security has announced the acquisition of its compatriot Argon.

Solebit, a cybersecurity company developing threat and malware identification technology, has closed an $11m Series A funding round.