Big Data

AI analytics leader EdgeTier lands €6m, spearheaded by Smedvig Capital

AI analytics leader EdgeTier lands €6m, spearheaded by Smedvig Capital

EdgeTier, the Dublin-based AI platform that revolutionises customer experience by leveraging conversational data, has announced the successful acquisition of €6m in Series A funding.
Gen AI

The next revolution: could Gen AI bring RegTech into a new age?

The rise of AI has been an ongoing and slow-burning process for a number of years now. While the technology is disruptive by nature, the recent introduction of ChatGPT by OpenAI has taken the world by storm.   
sesamm-bags-37m-to-bolster-the-growth-of-its-nlp-technology

SESAMm bags $37m to bolster the growth of its NLP technology

SESAMm, which develops natural language processing (NLP) technology for global investment firms, has raised $37m for its Series B2 funding round.
Liquidity-Group-joins-unicorn-club-after-$40m-investment

Liquidity Group joins unicorn club after $40m investment

Israel-headquartered Liquidity Group has reportedly joined the unicorn club after a $40m funding round brings its valuation to $1.4bn.
Francisco Partners acquires SaaS analytics platform Sumo Logic

Francisco Partners acquires SaaS analytics platform Sumo Logic

Francisco Partners, a global investment firm, has acquired SaaS analytics platform Sumo Logic in a deal that values the business at $1.7bn.
FINBOURNE-collects-£30m-debt-facility

FINBOURNE collects £30m debt facility

FINBOURNE Technology, which is on a mission to reduce the cost of investing and increase transparency, has collected £30m in a debt facility.
EBA

EBA publishes final guidelines on remote customer onboarding

The European Banking Authority (EBA) has published its final guidelines on the usage of remote customer onboarding solutions.  According to the EBA, these guidelines set...
InterPrice-raises-$7.3m-for-its-transparent-financing-tool

InterPrice raises $7.3m for its transparent financing tool

InterPrice Technologies, which aims to create a transparent financing tool, has closed its Series A funding round on $7.3m.

DataRails scores $50m for its Series B

Financial planning and analysis platform DataRails has scored $50m in its Series B funding round.
Banyan closes Series A for item-level receipt data platform

Banyan closes Series A for item-level receipt data platform

Banyan, which is democratising access to item-level receipt data, has raised $43m in its Series A funding round, which was led by Fin Capital and M13.

News Stories

Emirates NBD brings AI market insights into digital wealth

Emirates NBD brings AI market insights into digital wealth

Emirates NBD, a banking group operating across the Middle East, North Africa, Türkiye and South Asia, has partnered with Bridgewise, an embedded investment AI...
Is business verification failing to keep pace with financial crime?

Is business verification failing to keep pace with financial crime?

Business verification has become an increasingly important line of defence against financial crime, yet the complexity of modern corporate structures is exposing weaknesses in...
Banks face tougher data scrutiny as APAC reporting rules evolve

Banks face tougher data scrutiny as APAC reporting rules evolve

Submitting the correct reporting template on time is no longer enough to satisfy regulators. Across Asia-Pacific (APAC), supervisors are demanding more detailed data, greater...
Banks face growing fraud risks as criminal tactics converge

Banks face growing fraud risks as criminal tactics converge

Banking fraud is becoming harder to detect as criminals combine identity theft, payment manipulation and increasingly sophisticated digital attacks. Banking fraud is no longer limited...
Financial crime risk assessments have outgrown spreadsheets

Financial crime risk assessments have outgrown spreadsheets

For years, spreadsheets have been the default tool for financial crime risk assessments. They were familiar, flexible and easy to adapt, and for a...

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