Why AI-powered adverse screening should be core software for FI’s
As risks of financial crime continue to rise in the digital world, companies will need to improve the use of technology-powered solutions. Adverse media screening is of growing importance and can offer more than just security.
ProjectPay unveils platform to streamline construction industry payments
UK payment platform ProjectPay has introduced a software-as-a-service (SaaS) platform to help simplify and streamline payments in the building and construction industry.
Russian InsurTech BestDoctor attracts $26m from Vladimir Potanin-backed VC fund Winter Capital
BestDoctor closed a $26m round led by Winter Capital, a Moscow-based international VC fund backed by billionaire Vladimir Potanin. Other investors included Swedish investor VNV Global...
CSS expands aosphere alliance to integrate data services with investment platform
Compliance Solutions Strategies (CSS) has expanded its collaboration with legal firm aosphere to integrate the latter’s market data services with CSS’ investment monitoring platform.
Boubyan unveils mobile-only Islamic bank in UK market
Kuwaiti-based Boubyan Bank has introduced a digital-centric, Sharia-compliant bank in the UK.
UK-based InsurTech YuLife nabs a $70m Series B to reinvent life insurance
Tech-driven insurance company which incentivises and rewards users to focus on their physical and mental health through a gamified interface, YuLife raised $70m in Series B funding led by Target Global.
Research provides guide for financial services industry in reducing gambling harm
UK charity GambleAware has published a guide to help companies in the financial services market reduce gambling-related harm to customers.
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.
Stytch snags $30m from Thrive Capital to improve security with passwordless authentication
Canada-based passwordless authentication company Stytch raised $30m in Series A funding led by Thrive Capital.
Financial ‘super app’ M1 Finance gains unicorn status after SoftBank Vision Fund 2-led $150m...
M1 Finance, which offers a financial super app featuring automated investing, lending, and banking services, has secured $150m in Series E funding round led by SoftBank’s Vision Fund 2 at a valuation of $1.6bn.