Australia’s financial crime framework is entering a period of profound change, with AML and counter-terrorism financing reforms set to reshape how institutions manage risk. As explored in recent industry discussions led by SymphonyAI, the reforms—taking effect from 31 March 2026 for existing entities and July 2026 for newly regulated tranche 2 businesses— it determines whether these changes will be seen as a...

CyberFOX, a cybersecurity software provider focused on managed service providers and public sector organisations, has announced a nine-figure growth investment to accelerate the expansion of its next generation cybersecurity platform. The investment was led by software specialist Level Equity, with participation from Radian Capital and continued backing from CyberFOX’s founders, Dave Bellini and Adam Slutskin. This marks the first time...

Bits, a compliance infrastructure platform, has raised €12m in Series A funding to speed up product development and support European expansion. The round was led by Alstin Capital, with participation from Cherry Ventures, Unusual Ventures and Alliance Ventures. Haval van Drumpt, chief executive of Tre Sweden, also invested. Bits said the funding will be used to deepen automation across financial crime...

Berlin-based cybersecurity company enclaive, which provides confidential computing solutions for sensitive data and applications, has closed a €4.1m Seed funding round to bring its multi-cloud security platform to more organisations. The Seed round was co-led by Join Capital and the Amadeus APEX Technology Fund, with participation from Auriga Cyber Ventures. The investment will be used to accelerate sales and marketing,...

Artificial Labs, a provider of digital broking and underwriting technology for the specialty and commercial insurance markets, has completed a $45m Series B funding round. The funding round represents a significant milestone for the business as it continues to expand internationally. The Series B was led by CommerzVentures, with participation from Move Capital Fund I, alongside continued backing from existing...

Financial institutions, from established banks to fast-growing FinTechs, continue to face intensifying regulatory scrutiny alongside commercial pressure to improve anti-money laundering and counter-terrorist financing (AML/CFT) controls. While investment in new technology is often positioned as the answer, the reality is that AML transformation is rarely linear, says ComplyAdvantage. Progress depends on a clear understanding of where an organisation sits today...

AccessPay has released its Finance Trends 2026 report, outlining how finance leaders across financial services and general corporate sectors are reshaping priorities amid continued economic pressure. Now in its fourth year, the annual survey highlights a growing focus on efficiency, cost control and the accelerating role of AI, while also exposing a widening gap between financial institutions and corporates when...

Insurance professionals often focus on headline risks such as fire, theft or extreme weather when assessing potential losses. Yet a quieter, less obvious danger is quietly climbing the claims table, costing insurers and construction firms far more than many realise. This emerging threat is hard to detect, often preventable, and has the potential to cause significant financial and operational...

Aviva has formally entered a new phase of its high-net-worth strategy with the launch of Aviva Private Clients within the Lloyd’s of London insurance market. The move represents a significant expansion of the insurer’s global capabilities, allowing it to provide specialist cover for affluent individuals with complex property and asset portfolios, according to InsurTech Insights.  By operating through Lloyd’s, Aviva can...

UK InsurTech Cuvva, a mobile-first provider of on-demand motor insurance, and Toyota Insurance Services Europe have entered a strategic partnership to launch Toyota Short-Term Insurance by Cuvva for drivers in Europe. The partnership has been formed to address growing demand for flexible, immediate insurance options that better reflect how people access and use vehicles today, according to InsurTech Insights. As...