AI-focused data security firm Cyera bags £100m in Series B funding
Cyera, a data security firm with a heavy focus on AI, has pulled in a substantial £100m funding raise in its recent Series B.
American Sustainable Business Council takes on Texas in ESG lawsuit
The Texas legal landscape is heating up as the American Sustainable Business Council (ASBC), a champion for sustainable business practices, has filed a lawsuit against the state to overturn Senate Bill 13.
AXA pioneers green transition with ambitious decarbonisation targets
AXA has announced a string of decarbonisation targets for its investment and insurance activities in a bid to combat climate change.
How the PSR’s new fraud cap could change the game for APP scam victims
The PSR has announced a significant update in the fight against APP scams, revealing a forthcoming adjustment to the reimbursement cap for victims.
Corlytics and Clausematch unite to revolutionise global RegTech
Corlytics, a leader in intelligent regulations and regulatory data, and Clausematch, a renowned policy management and compliance software firm, have announced a strategic partnership.
A deep dive into AML non-compliance costs and Flagright’s AI-driven solution
In an increasingly interconnected financial landscape, financial crime has become more sophisticated, underlining the importance of maintaining robust anti-money laundering (AML) compliance for financial institutions. With stringent regulatory scrutiny and technological advancements, financial institutions must adhere to strict AML regulations to deter activities such as money laundering, terrorism financing, and other financial crimes. Moreover, understanding and considering the significant cost of non-compliance is vital.
Despite hefty fines, financial institutions still struggle with monitoring unapproved communication channels
A new survey by Shield and LeapXpert underscores the continued risk financial institutions face from unmonitored communication channels. Only 51% of the financial institutions surveyed are currently monitoring employee communications on WhatsApp, a popular messaging platform.
Jessica Donohue to spearhead sustainability drive at State Street
State Street has welcomed Jessica Donohue to the role of Head of Global Investment Insights, Sustainability, and Impact.
CRIF, Know Your Customer ally with PAOB to redefine digital onboarding for SMEs
CRIF has teamed with Know Your Customer to announce a partnership with PAOB, a digital banking pioneer in Hong Kong.
Dutch crackdown on cross-border ATM bombing spree in Germany
Dutch authorities have begun an operation against an organised crime network responsible for numerous ATM explosions in Germany.
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