Unlocking front office potential: The shift from manual KYC to automated processes
The role of front office staff is crucial in driving revenue, yet the burden of KYC onboarding can significantly impede their productivity. Transitioning from...
Dripos raises $11m to revolutionize coffee shop management
Dripos, a trailblazer in the FinTech sector focused on coffee shops, has announced a significant financial milestone, securing $11m.
Dropzone AI secures $16.85m in Series A to boost cybersecurity operations
Dropzone AI, a pioneering cybersecurity company, has successfully secured $16.85m in Series A funding round.
Leveraging AI to enhance efficiency in AML sanctions screening
False positives in AML compliance typically occur when a transaction or customer record wrongly flags a potential match with a sanctioned entity.
EU launches new anti-money laundering agency in Frankfurt to bolster financial security
MEPs have approved the establishment of a new EU anti-money laundering agency, which will be based in Frankfurt.
KnowBe4 acquires Egress to enhance AI-driven email security
KnowBe4 has announced its plans to acquire Egress, a prominent figure in adaptive and integrated cloud email security.
ThreatLocker bags $115m in Series D to bolster cybersecurity offerings
ThreatLocker, an Orlando, Florida-headquartered cybersecurity firm, has successfully completed a $115m Series D funding round.
Nagomi Security unveils $30m boost in proactive cybersecurity management
Nagomi Security, a key player in the cyber sector, announced today its emergence from stealth mode with a substantial $30m in funding.
How the world’s top banks and insurers are adopting GenAI tools
In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.
Unlocking the power of KYC Portal CLM in modern due diligence
In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.