(source: complyadvantage.com)
Wire fraud prevention company CertifID has raised $20 million in a Series B funding round. The financing, announced Tuesday (Sept. 12), will help the Texas-based firm develop fraud prevention...
Caitlin Sinclair, director of proposition development, financial crime at GIACT, an LSEG business, noted in an interview that banks’ customers (consumers and enterprises) are prime...
Former FTX executive Ryan Salame reportedly plans to plead guilty to criminal charges related to the collapse of the cryptocurrency exchange. This development comes just weeks before...
The way things have always been done could be harming firms in the long run. That’s because in an era where technological advancements are transforming...
Payments firm ThetaRay has raised $57 million to boost its financial crime detection capabilities. The growth round, announced Tuesday (Sept. 5), was led by Portage and will allow...
Digital bank Grasshopper has partnered with Cable to equip its clients and Banking-as-a-Service (BaaS) platform with automation and technology for financial crime assurance, testing and oversight. The bank will...
Fraud prevention firm Sardine has launched an industrywide, independent consortium to curtail payment fraud. The new SardineX will bring together financial institutions and FinTech companies to share data and...
Despite the increasingly sophisticated weapons fraudsters have on hand to execute their scams, business email compromise (BEC) attacks remain one of their most effective ploys. The...
A recently implemented Economic Crime Levy under the U.K.’s Finance Act 2022 is aiming to help in the fight against money laundering. Details outlined in the...