Big Data

Blockchain analysis firm Elliptic has discovered the DarkSide ransomware variant made an estimated $90m in ransomware payments since October 2020.

Sentiance, which helps companies turn data into contextual insights, has teamed up with Japan-based AI Base Technology.

US product protection startup Extend has raised $260m from a Series C round that has brought its overall valuation to $1.6bn.

Estonian core banking provider Modularbank has teamed with identity verification software company and compatriot Veriff to boost its compliance and know-your-customer (KYC) offering.

Swiss banking technology firm Temenos will be able to offer money transfers on its platform following an agreement with FinTech juggernaut Wise.

US AI-powered investment management platform Vise has raised $65m in a Series C funding round led by Ribbit Capital.

The SmartStream Reference Data Utility (RDU) was founded with Tier 1 partner banks to help them improve operational control, cut cost and comply accurately with the regulators. In a short space of time, the company has already onboarded an extensive list of clients for its reference data services, but it plans to go one step further by extending its offering with an instantly deployable suite of APIs.

A spin-off of Dutch bank Rabobank has closed its Series A funding round following investment from its parent company and cross border payments specialist OFX.

US FinTech Clair has partnered with sponsor bank MetaBank and payments processor Galileo to bolster user accessibility on its platform.

Swiss banking technology firm Temenos has partnered with digital asset platform Taurus to integrate the latter’s digital asset infrastructure into Temenos’ platform.