Tag: Risk management

Galileo Financial Technologies, a subsidiary of SoFi Technologies, has introduced Galileo Instant Verification Engine (GIVE) and Transaction Risk GScore, coming as a response to the increasing need for advanced security measures in financial transactions.

In today's rapidly evolving financial environment, mere regulatory adherence is insufficient for firms aiming to lead the market.

A huge sum of $800bn to $2trn is laundered annually around the world, as per the United Nations Office on Drugs and Crime, accounting for 2-5% of global GDP.

Sedric AI, a leading innovator in AI-driven compliance solutions for financial institutions, announced today that it has successfully secured $18.5m in Series A funding.

Private equity firms have gradually begun to recognize the importance of cybersecurity oversight, moving beyond basic pre-acquisition cyber due diligence.

The insurance sector is witnessing a paradigm shift as carriers move beyond conventional loss control surveys to embrace service-oriented strategies. This evolution is fueled by the understanding that proactive engagement through service plans significantly bolsters customer relationships and retention rates.

In the financial sector, the introduction of perpetual Know Your Customer (pKYC) practices marks a significant pivot from traditional methods such as KYC. According to...

Independent reviews are a cornerstone of a strong, risk-based BSA/AML and OFAC compliance programme.

Falfurrias Management Partners, a private equity firm renowned for enhancing middle-market businesses, has made a significant growth investment in MOXFIVE, a cybersecurity company dedicated to enhancing incident response capabilities and reducing future attack risks.

Efcom and Lenvi Riskfactor (UK) have recently announced a strategic partnership aimed at revolutionising the receivables finance industry.