Industry News

Horizon3

Horizon3 triples valuation with $250m raise for AI security

Horizon3 has secured $250m in Series E funding at a valuation exceeding $2bn, a threefold jump from the $650m it commanded at Series D...
Zenity

Zenity lands $125m as AI agent security race heats up

Zenity, the AI security and governance platform built specifically for AI agents, has closed a $125m Series C round. The round was led by Norwest,...
Bloom

Bloom Security exits stealth with $20m to tame AI endpoints

Bloom Security, a cybersecurity company focused on governing AI-era software on corporate devices, has emerged from stealth with a $20m seed round. The round was...
Maximum

Maximum lands $30m to rip out banks’ legacy cores

Maximum, an AI-native operating system builder for banks, has come out of stealth after securing a $30m Seed round, ranking among the biggest Seed...
CFTC

UBS hit with $8m CFTC fine over AML monitoring gaps

UBS Financial Services has been ordered by the Commodity Futures Trading Commission to pay an $8m civil monetary penalty over failures to properly supervise...
Fast Shift wins Malta EMI licence to open EEA gateway

Fast Shift wins Malta EMI licence to open EEA gateway

Fast Shift Limited, an Electronic Money Institution and part of the Badalyan Brothers Group, has been granted EMI authorisation by the Malta Financial Services...
monitoring

Why news monitoring lives or dies at the data layer

News monitoring is the discipline of tracking published news for mentions of the people, companies, topics or events an organisation cares about, and delivering...
FCA

FCA reporting overhaul to save firms £100m a year

The Financial Conduct Authority (FCA), the UK's financial services regulator, has confirmed a package of reforms to transaction reporting that it claims will deliver...
banks

Banks face rising control costs with no defensible reason

Ask a bank how many controls it operates and a confident answer is rare. Ask how many it actually needs, and which ones, and...
inforcer

inforcer’s $50m Series C targets AI-driven cybercrime

inforcer has secured $50m in a Series C round headed by global software investor Insight Partners. Insight Partners has taken a minority position in the...

News Stories

compliance

Angelica Solutions grows network with actuary hire

Angelica Solutions, a collaborative network of senior insurance specialists, supporting insurers, MGAs and InsurTechs with data-driven and actuarial solutions, has added Amy Illingworth, an...

Federato launches Claims to close underwriting loop

Federato, the AI-native platform for the full policy lifecycle, offering underwriting, policy administration and billing tools for insurance carriers, has introduced Federato Claims, an...
Plaid and Sierra target the next era of AI-powered finance

Plaid and Sierra target the next era of AI-powered finance

Plaid, a financial technology company that enables consumers to securely connect their financial accounts with apps and services, and Sierra, an AI agent platform...
Emburse deepens ties with Mastercard, travel partners

Emburse deepens ties with Mastercard, travel partners

Emburse, a global provider of travel and expense (T&E) management technology, serving more than 12 million finance leaders and travel managers across over 20,000...
AccountsIQ and Abacum team up on finance intelligence

AccountsIQ and Abacum team up on finance intelligence

AccountsIQ, a cloud accounting platform built for mid-market organisations, has entered into a strategic partnership with Abacum, an AI-native financial planning and analysis provider,...

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