Baselayer raises $6.5m seed round to redefine business risk with AI risk engine
Baselayer, a B2B platform utilising proprietary Graph AI technology, has officially emerged from stealth mode, securing a $6.5m seed round.
Kroll reveals new head for its U.S. Financial Crime Advisory (FCA) practice
Kroll, a prominent independent provider of global risk and financial advisory solutions, has announced the appointment of a new head for its new U.S. Financial Crime Advisory (FCA) practice.
Diligent and Manifest Climate partner for new climate risk management solution
Diligent, a prominent GRC SaaS company, has announced a groundbreaking partnership with Manifest Climate, to expand its capabilities into the realm of climate risk management.
Openly enhances risk assessment with Ecopia AI’s building-based geocoding
Openly, a forward-thinking homeowners insurance provider, and Ecopia AI, a leader in digital mapping through artificial intelligence, have recently announced their collaboration.
Drata’s new TPRM offering aims to optimise compliance
Drata, known as the world's most advanced security and compliance automation platform, has made headlines again. Nestled within the innovative FinTech sector, Drata stands out for its continuous security and compliance automation solutions.
Multiverse Computing and Moody’s Analytics introduce the QFStudio quantum platform
Multiverse Computing, a trailblazer in value-based quantum computing solutions, and Moody's Analytics, renowned for its comprehensive risk assessment services, have joined forces. The partnership's cornerstone...
Navigating new regulations: A proactive approach to compliance in FinTech
Maintaining a strong compliance program is a continuous effort. To stay on course, it’s crucial to proactively monitor regulatory changes.
The four pillars shaping the future of risk management
In the dynamic realm of risk management, pivotal factors are reshaping the role of risk executives. Financial crimes compliance, a pivotal aspect of risk management, necessitates vigilance and innovative strategies. Among these, four key factors—Revenue, Cost, Ethics, and Regulation—stand as paramount forces propelling risk leaders into the future.
Fenergo report highlights US investment banks’ struggle in fighting financial crime amid limited resources
Fenergo's 2023 KYC Banking Trends Report has unveiled a concerning reality for US investment banks grappling with financial crime mitigation and regulatory compliance while encountering budget and workforce constraints.
PSP growth acceleration: Overcoming compliance hurdles in the FinTech sector
The landscape for Payment Service Providers (PSPs) is rapidly evolving, with a pressing need to scale operations effectively while managing Anti-Money Laundering (AML) compliance...