With the challenges of financial crime increasing with an ever-growing digital presence for firms and threat actors alike, there is a growing desire in the industry for more real-time management of such threats. What are the challenges and opportunities for such technologies?

Singapore’s new national anti-money laundering (AML) strategy introduces a comprehensive framework structured around three core pillars: Prevent, Detect, and Enforce, which collectively aim to enhance the financial sector's ability to combat illicit money flows.

Fundcraft, an innovative player in digital fund operations, has successfully completed its Series A funding, securing a total of €11m. According to IBS Intelligence, this latest round saw an investment of €6m led by 3VC and MiddleGame Ventures, building on an initial €5m led by Aperture Capital and supported by SIX Fintech Ventures back in May 2024. Fundcraft is set...

In a recent survey conducted by EY, a significant 55% of CFOs have expressed concerns that their industry's sustainability reporting might be perceived as greenwashing.

In today's digital landscape, the surge in mobile communication across business sectors has heightened the necessity for efficient mobile capture technologies. According to ACA Group, these technologies ensure that business communications are monitored and archived, complying with regulatory standards. The industry has broadly adopted two principal strategies to manage this need: Governed Mobile Capture and Native Mobile Capture. This method is...

Bindable, a prominent InsurTech firm specialising in alternative distribution technology and services, has introduced a new solution designed for businesses interested in establishing property and casualty (P&C) insurance agencies. The introduction of this virtual agency model addresses a growing demand from companies in insurance-adjacent sectors that are increasingly seeking to incorporate insurance offerings into their service portfolios, according to InsurTech...

Noma, an application security landscape firm, has exited stealth mode with a substantial $32m in Series A funding.

Fraud risk management is critical in safeguarding an organization's assets and reputation by identifying, assessing, and controlling fraud risks.

The CFTC's Office of Customer Education and Outreach has issued a stark warning about the increasing prevalence of digital asset-related scams propagated through popular messaging apps like WhatsApp and Telegram. The advisory titled "Use Caution Responding to Messaging Apps," highlights the manipulation of default app settings by fraudsters to add users to group chats designed for pump-and-dump schemes, among...

Aon, a global professional services firm, has signed a definitive agreement to acquire Griffiths & Armour, a UK-based insurance broker. Upon completion, Griffiths & Armour will become wholly owned by Aon UK Limited and will be branded as “Griffiths & Armour, an Aon company." This acquisition supports Aon’s strategy to expand its presence within the UK and Ireland, bringing added depth...