Anti-money laundering compliance is entering a decisive phase as financial institutions, payment providers, and crypto platforms grapple with rising transaction volumes, tighter regulatory scrutiny, and increasingly sophisticated financial crime. According to AiPrise, in 2025, US financial institutions filed 43 Bank Secrecy Act reports involving approximately $766m in suspicious activity linked to 83 adult and senior day care centres in...

New York-based InsurTech WithCoverage has raised $42m in a Series B funding round as it looks to challenge traditional, commission-based insurance brokerage models for fast-growing businesses. The Series B round was led by Sequoia Capital and Khosla Ventures, with additional participation from 8VC and Crystal Venture Partners, according to Beinsure. The funding will be used to expand WithCoverage’s product capabilities, grow...

The global sanctions and watchlist landscape has entered a period of sustained volatility, forcing financial institutions to reassess long-standing compliance models. Programmes that were once considered mature—largely built around static, list-based controls—are now being tested by heightened geopolitical tension, faster regulatory action, and growing supervisory expectations around risk-based surveillance, claims Alessa in a recent whitepaper. As 2026 approaches, sanctions screening is...

Optalitix has entered into a strategic partnership with Dutch managing general agent Intermont to modernise its pricing and underwriting operations and support the MGA’s digital transformation. The collaboration will also serve as a flagship deployment for Optalitix in the Netherlands as the InsurTech provider expands its European footprint. Under the agreement, Intermont will implement Optalitix Quote and Optalitix Models to replace...

fincite has made its cios platform available in the Microsoft Azure Marketplace, marking a further step in the company’s push to simplify digital wealth management for financial institutions and advisors. The Azure Marketplace acts as a central online store where organisations can discover, purchase and deploy applications and services that are certified to run on Microsoft’s Azure cloud infrastructure. The listing...

Legal engineering is gaining traction as a new way of applying legal expertise at scale, and Norm Ai has been at the forefront of shaping this approach. Rather than relying on traditional, manual legal analysis, legal engineering blends legal judgement with artificial intelligence to operationalise regulations across complex, regulated industries. Norm Ai recently delved into what legal engineering is and...

Regulators across Europe and Australia are continuing to reshape how foreign firms access local markets, with a growing emphasis on clearly defined entry routes, supervisory oversight and structured reporting. Zeidler Group, which offers compliance tools for investment funds law, recently delved into the key regulatory shifts to watch.  While market access remains open in principle, recent developments signal a more disciplined...

Gulmohar Capital Partners, a long-term investment firm, has announced the launch of GRCS Trust, a permanent-capital platform backed by $30m of initial committed capital to acquire and scale software businesses across the governance, risk, compliance and security ecosystem. GRCS Trust has been established to pursue a long-term buy-and-build strategy, targeting lower mid-market software companies that support the offices of the...

Onsetto, a FinTech platform designed to help financial institutions capture the core operating account and establish primacy with business customers, has raised $2.2m in a Series Seed funding round to accelerate product development and expand its go-to-market efforts. The funding round was led by EJF Ventures, with participation from Idea Fund of La Crosse, The Perch Fund, and Minneapolis-based angel...

MAIA Technology, a London-based portfolio management software provider, has raised £4m in a Series A funding round led by Molten Ventures, as it looks to accelerate product development and expand its presence across the investment management sector. The funding round was led by Molten Ventures, a venture capital firm focused on high-growth technology businesses, with Mountside Ventures acting as adviser...