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

Koble collects $1.2m to enhance its AI that improves investment decisions

AI-powered Koble collects $1.2m to enhance investment decisions

Koble, an AI-powered platform that improves investment decisions, has reportedly secured $1.2m in pre-seed funding.
Finclusion-Group-rebrands-to-bolster-financial-inclusion-in-Africa

Finclusion Group rebrands to bolster financial inclusion in Africa

Finclusion Group, which is boosting financial inclusion in Africa, has rebranded to Fin and closed a $2m equity round.
Saporo

CyberTech Saporo locks in €4m seed funding

Swiss cybersecurity firm Saporo has landed €4m in a seed funding round headed by XAnge.
Insiber raises €100,000 as its helps SMEs with cybersecurity risks

Insiber raises €100,000 as its helps SMEs with cybersecurity risks

Insiber, which is focused on helping SMEs with their cybersecurity risks, has reportedly collected €100,000 in funding.
reAlpha

Investment firm reAlpha nets $100m capital commitment

reAlpha Asset Management, an AI-powered real estate technology and investment company, has scored $100m in a capital commitment.  

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