Identification/Background checks

The London Stock Exchange Group (LSEG) has agreed to acquire Global Data Consortium for an undisclosed fee.

Swiss FinTech NetGuardians, which provides an enterprise risk platform for combatting financial fraud, has been selected by Luzerner Kantonalbank AG (LUKB) to further enhance its fraud-prevention systems.

Identity verification software developer Parallel Markets has collected $7m for its Series A round.

Cloaked, a company looking to support data privacy on platforms, has secured $25m in early-stage funding.

The White House has put forward a $10.9bn budget for cybersecurity for the fiscal year of 2023 in its budget for the upcoming year.

In an age where the majority of processes are becoming digital, the need to have good user experience is becoming ever more vital. Nowhere is such a process more key that in the world of finance.

Hawk AI, Germany-based software provider of anti-money laundering surveillance technology for banks, payment firms and FinTechs, has partnered with Weavr to deliver contextual risk management for embedded finance.

authID.ai, which develops mobile, biometric identity authentication software, has scored $22.4m in funding.

Shufti Pro, identity verification solution provider, has raised $20m in Series A funding led by Updata Partners.

Identity verification platform Trulioo has expanded its coverage to Greece and Israel through the Trulioo GlobalGateway.