How AI is transforming financial crime detection

How AI is transforming financial crime detection

As the financial market hits a very turbulent period, the risk of financial crime will only increase. But how can firms ensure they are prepared?  
EMTECH secures $4m for its financial inclusion mission

EMTECH secures $4m for its financial inclusion mission

EMTECH, which is on a mission to drive financial inclusion around the world, has reportedly raised $4m in funding.
ION extends its cleared derivatives product suite

ION extends its cleared derivatives product suite

ION, which develops a plethora of financial software to transform workflows, has expanded its cleared derivatives offering.
BNP Paribas buys automated currency risk management FinTech

BNP Paribas buys automated currency risk management FinTech

BNP Paribas has agreed to acquire Kantox, which offers automated currency risk management, for an undisclosed amount.
ESG

Asian bank DBS launches ESG-themed metaverse

DBS, an Asian bank, has linked with decentralised gaming virtual world The Sandbox to launch a metaverse experience showcasing ESG initiatives and ideas.
RiskSmart releases its risk management platform in UK

RiskSmart releases its risk management platform in UK

Integrated risk management platform RiskSmart has launched in the UK following the close of a £1m investment.

CaixaBank launches Climate Risk Unit as part of its Sustainability Directorate

CaixaBank has launched its Climate Risk Unit as part of its Sustainability Directorate, which has seen it bolster its commitment to sustainability.

Why the global risk from money laundering is growing

With the world becoming ever more connected and linked in an unlimited number of ways, money laundering is continuing to grow in presence and stature.

Red Oak Compliance helps new client remove human error potential

Red Oak Compliance, which automates the licensing and registration process, has helped a client reduce the potential for human error in processes.

Challenger banks lack adequate financial crime controls, FCA review finds

The Financial Conduct Authority (FCA) has found that some challenger banks need to improve how they assess financial crime risk.

News Stories

The ten biggest FinTech deals this week raised $503m - check out this weeks 24 deals

The ten biggest FinTech deals this week raised $503m – check out this weeks...

The ten biggest deals of the week raised a total of $503m, as the market sees a lot of smaller deals.
10 communications compliance trends in 2023

10 communications compliance trends in 2023

As 2022 enters its final month, it is time to look into the new year. Theta Lake, a security and compliance platform for modern collaboration tools, has outlined the 10 trends it sees coming to fruition in 2023.
Vitesse-climate-risk-insurance-yokahu-floodflash-support-climate-vulnerable-communities-extre

Vitesse, Yokahu and FloodFlash to support climate vulnerable communities

FinTech Vitesse, climate risk insurance platform Yokahu and parametric InsurTech FloodFlash have teamed up to support climate vulnerable communities after extreme weather events.
Identity fraud doubles in crypto and banking in 2022

Identity fraud doubles in crypto and banking in 2022

Identity fraud has doubled in crypto and banking during 2022, as a new report on fraud shows the worrying state of attacks.
insurtech-bolttech-max-solutions-

InsurTech unicorn bolttech partners with Max Solutions

InsurTech unicorn bolttech has partnered with Max Solutions Service, a subsidiary of PTG, to offer insurance on the card’s Max Me application.

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