Key AML & FinCrime investment stats in Q1 2023: • AML & FinCrime deal activity reached 15 deals in Q1 2023, a 62% drop YoY • AML & FinCrime investment totalled at $124m in Q1 2023, a 69% reduction from Q1 2022 • The USA was home to the most AML & FinCrime deals with four transactions completed in the country during...

Amsterdam-based Backbase, a global leader in engagement banking software, has announced the acquisition of Nucoro, a digital wealth platform based in the UK. The terms of the deal remain undisclosed, bringing together two key players in the world of FinTech.

Avalara, Inc., headquartered in Seattle, is a global innovator in tax compliance automation for businesses of varying sizes. Today, Avalara disclosed the integration of its trailblazing plugin with ChatGPT, a first of its kind endeavour by a tax compliance software provider.

Established Italian FinTech, illimity Bank, which focuses on providing innovative and sustainable solutions to small and medium-sized businesses (SMEs), is celebrating a substantial financial boost.

A significant 35% of finance organisations across the UK's critical national infrastructure (CNI) foresee an uptick in cyber crime triggered by the ongoing economic crisis, says new research from top cyber security services company, Bridewell.

Molten Ventures, a prominent venture capital firm, has marked down the value of its stake in the FinTech enterprise Revolut by 40%, according to a report from Finextra.

Palo Alto-based company, Trust Lab, with a focus on transforming online safety measures for businesses and public entities, has recently closed a $15m Series A funding round.

Kroll, a pioneer in global risk and financial advisory services, has published its anticipated 2023 State of Cyber Defense Report, drawing attention to the pitfalls of excessive trust in cybersecurity provisions.

With the rise of non-fungible tokens (NFTs) as a fresh and innovative platform for creators, collectors, and investors, OpenSea API has become an integral tool in this digital revolution. OMNIA, the first blockchain infrastructure provider to protect systems in real time from illicit activities, has outlined what the OpenSea API is and how firms can get it.  The API serves...

As firms have grown more conscious of their stewardship roles, ESG strategies have gone from being buzzwords to strategic imperatives.