Risk Management

After the Easter long weekend, our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.

Security operations firm ThreatQuotient has closed a $22.5m syndicate of new financing to speed innovation and expansion within the company.

Israel-based cloud infrastructure security company, Wiz raised $130m in Series B funding, bringing its valuation to $1.7bn.

Out of the 33 FinTech funding rounds we reported on last week, cybersecurity companies and cryptocurrency-based enterprises were the clear winners.

FinTech firm Plaid unveiled the first cohort of startups in its new accelerator program, FinRise.

With every opportunity digital technology has provided to banks, customers and counterparties, it has also altered existing risks and often introduced new ones. While digital transformation is creating major opportunities, understanding and navigating through those risk areas is critical.

Organised crime is the biggest compliance-related fear facing firms, according to a new report from NorthRow.

Of the 41 FinTech investment deals last week, companies in three sectors, in particular, proved to be exceptionally successful as the list of FinTech unicorns continues to grow.

Data and analytics software company Quantexa, has partnered with Deloitte as part of its global illicit finance and economic crime initiative to help firms with more stringent monitoring of criminal activities and establish a robust framework against organised crime.

AI technology can help financial institutions reduce the amount of daily customer alerts they receive.