A major Spanish bank has dramatically overhauled its sanctions screening operations after deploying SymphonyAI's SensaAI for Sanctions, achieving a 91.8% reduction in false positives across both transaction and customer screening. The unnamed institution ranks among Spain's ten largest banks and maintains a broad international presence, with offices spanning Europe and North, South, and Central America. Already a user of SymphonyAI's compliance...

The Napier AI / AML Index 2025–2026 has revealed that regulated firms — including banks, payments companies, wealth managers and insurers — could save $183bn in compliance costs by adopting AI-driven AML strategies, up from $138bn the previous year. The index, the only global ranking of its kind, also estimates that AI-powered AML could return $3.3tn to global economies, compared...

Healthcare payments have emerged as an unexpected battleground in the fight against money laundering. Traditionally associated with billing fraud and abuse, claims processors, telehealth billing platforms and pharmaceutical payment networks are now being exploited to move illicit funds under the cover of legitimate medical transactions. According to Flagright, what was once viewed primarily as a fraud challenge has evolved into...

AI-driven supervision tools are now central to modern RegTech strategies, particularly in communications surveillance and misconduct detection. Yet as firms invest in AI to reduce alert volumes and ease compliance workloads, bold claims of “99% accuracy” or near-total false positive reduction continue to circulate. In reality, those numbers rarely tell the full story. In this technical deep dive, Theta...

Danish FinTech Aryze has partnered with Muinmos to strengthen its compliance capabilities as it expands internationally. The agreement marks a strategic move to embed advanced regulatory controls at the heart of Aryze’s growth strategy. The partnership has been formed to enhance Aryze’s compliance framework as it scales its operations across new markets. With global expansion comes increased regulatory scrutiny, particularly for...

Harvest and fincite have published the fourth edition of the WealthTech Radar 2026, a co-authored industry report developed alongside 12 domain experts from firms including AllUnity, DWS, Morningstar, Upvest, and wealthAPI. The report delivers a clear verdict: European banks must move beyond strategy documents and into demonstrable execution — or risk being left behind. The stakes are considerable. With an estimated...

Avant, a data-driven lending platform serving middle-income Americans, has closed a $200m personal loan securitisation — its first transaction to receive AAA ratings from both Fitch Ratings and Kroll Bond Rating Agency (KBRA). The deal marks a significant milestone for the FinTech, representing its 23rd personal loan securitisation since its founding in 2012 and its seventh revolving transaction. Notably, it is...

NFC is best known for powering contactless payments, but its role in AML frameworks is becoming increasingly significant. As financial crime grows more sophisticated, banks, FinTechs and other regulated firms are under mounting pressure to enhance their AML and KYC controls. Criminals are deploying increasingly advanced tactics to forge identities and bypass verification processes, said SmartSearch. In response, institutions are turning...

Dyna.Ai, a Singapore-headquartered AI-as-a-Service company, has closed an undisclosed eight-figure Series A funding round to accelerate the deployment of its agentic AI solutions across global enterprise and financial services markets. The round was led by Lion X Ventures, a Singapore-based venture capital fund advised by OCBC Bank's Mezzanine Capital Unit. Additional participants included ADATA, a Taiwan-listed technology company, a Korean...

London-based FinTech startup Payr, which has built payments infrastructure allowing tenants to pay rent via credit card, has raised $2.1m in seed funding to target the $165bn UK rental market. The round was led by Ingenii Capital, with participation from Haatch, Velocity Capital, the British Business Bank and a group of strategic angel investors. The capital will be directed towards expanding...