FinTech News

Silent Eight doubles its valuation after the close of a $15m investment

Silent Eight, which leverages AI technology to combat money laundering and terrorism financing, has closed a funding round on $15m.

5.2 billion digital wallets to be in use by 2026

There will be 5.2 billion digital wallet users by 2026 – up from 3.4 billion in 2022 – as ‘superapps’ drive adoption in developing countries, according to research from Juniper Research.

Evident ID launches new solution to improve identity and verification processes

Evident ID has revealed its Evident360 solution which is designed to collect, analyse, and verify data via a single, secure solution within its Identity Assurance Platform.
What will the future of ESG software look like?

What will the future of ESG software look like?

Position Green, an ESG software company, is making significant strides in enhancing sustainability reporting and performance amidst a surge in demand from regulators and...
Security operations platform Arctic Wolf secures $401m

Security operations platform Arctic Wolf secures $401m

Security operations platform Arctic Wolf has raised $401m through a convertible note offering, which was led by Owl Rock.
summa-equity-buys-majority-stake-in-cybersecurity-company-logpoint

Summa Equity buys majority stake in cybersecurity company Logpoint

Summa Equity has acquired a majority stake in Logpoint, a developer of a cybersecurity operations platform.

News Stories

AML

The future of financial security: How AML and ID verification are shaping FinTech

AML encompasses the regulations and procedures that regulated entities employ to prevent the conversion of illicit funds into seemingly legitimate income.
AI

Harnessing AI and data integrity in fighting financial crime

In today's rapidly evolving digital world, the fight against financial crime networks demands both vigilance and innovation.

SplxAI secures $2m to enhance AI chatbot security

SplxAI, an emerging player in the field of AI security, has successfully raised $2m in a pre-seed venture capital round.
How FullCircl's SmartBroker revolutionized broker growth in just one year

How FullCircl’s SmartBroker revolutionized broker growth in just one year

FullCircl marked a significant milestone, celebrating the first anniversary of its SmartBroker facility, a game-changer for BIBA members.

AI compliance leader Datricks lands $15m funding from SAP and Team8

Datricks, a financial integrity and compliance software startup, has successfully secured $15m in its latest Series A funding round.

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