Company News

Estonian identity verification firm Veriff has teamed with mobile money app Monese to provide strengthened and secure digital banking services to European consumers.

Racing organisation and gaming facility New York Racing Association (NYRA) has extended its contract with AML compliance solution provider Alessa for sanctions screening, transaction monitoring and regulatory reporting.

Digital ID verification company OCR Labs based in the Land Down Under secured €12.5m($15m) in a Series A investment led by Turkish investors Oyak Group to fuel its expansion into the UK and Turkish markets.

UK-based Coupay secured £200,000 pre-seed funding from SFC Capital and angels including serial entrepreneur Will Wynne of Smart Pension, Arena Flowers and Trulience in a bid to help small businesses get from sales to cash faster.

US nuclear weapons contractor Sol Oriens has revealed it has suffered a ransomware cyberattack allegedly by the REvil ransomware group.

Zeidler Group, technology-driven law firm, entered into a research partnership with Legal Innovation Lab Wales within the Hillary Rodham Clinton School of Law, Swansea University to leverage automation in legal practices.

A study by the Bank for International Settlements (BIS) has discovered the introduction of central bank digital currencies (CBDCs) may lead to greater foreign exchange controls.

Israel-based predictive AI fraud protection company nSure AI raised $6.8m in seed funding led by DisruptiveAI, Phoenix Insurance, AXA-backed venture builder Kamet, Moneta Seeds and private investors.

Swedish buy now pay later (BNPL) juggernaut Klarna has launched its Comparison Shopping Service (CSS) in 21 markets across Europe.

Sales tax solution built specifically for software-as-a-service (SaaS) businesses Anrok raised $4.3m in a seed funding round co-led by Index Ventures and Sequoia Capital.