3+ day, 3+ hour ago   (228+ words) Adoption was never going to be the hard part. Most banks have already brought AI into the building. The harder question, and the one still separating leaders from laggards, is how to turn that adoption into results that show up…...

3+ day, 17+ hour ago   (340+ words) Six degrees of separation, the idea popularised by Stanley Milgram’s 1967 experiment, holds that any two people are connected through a short chain of acquaintances. According to Leo RegTech, financial compliance officers are learning a similar lesson the hard way: client…...

4+ day, 5+ hour ago   (307+ words) Financial services once moved through channels that were easy to watch: branches, telephone banking, card networks and conventional payment rails. Compliance teams could monitor them, control them and largely understand them. That world has gone. According to Arctic Intelligence, digital…...

4+ day, 5+ hour ago   (276+ words) ZeroRisk, the Dublin-headquartered cybersecurity firm that helps banks and payment providers manage cyber risk across their merchant portfolios, has closed a $10m Series A funding round. The round was led by MiddleGame Ventures, with existing backer Elkstone also participating. The fresh…...

4+ day, 6+ hour ago   (309+ words) Cylake has raised $245m through a convertible note ahead of the beta launch of its next-generation product. The round saw participation from Lightspeed Venture Partners, Picture Capital and Redpoint Ventures, and pushes the company’s total funding to $290m, following a $45m seed round…...

5+ day, 5+ hour ago   (244+ words) Evrotrust and Trustfull have entered a strategic partnership designed to help organisations sharpen fraud detection and identity checks throughout digital customer journeys. The tie-up pairs Evrotrust’s established digital identity infrastructure and its strong footprint across Central and Southeast Europe with…...

6+ day, 16+ min ago   (165+ words) Investment firms have long sold trust as their core product, but generative AI is now testing that promise from every angle. According to ComplyAdvantage, the same technology accelerating client onboarding is arming criminals with tools to fabricate identities, forge documentation…...

6+ day, 5+ hour ago   (363+ words) Upwind has raised $250m in a Series B funding round, propelling the company to unicorn status just two years after it emerged from stealth. The new investment takes Upwind’s total funding to date beyond $430m, a figure that places the company among…...

1+ week, 3+ day ago   (450+ words) Fraud has never been cheaper or easier to commit. Fraud-as-a-service and phishing-as-a-service now sell ready-made attacks off the shelf, letting an ordinary criminal rent organised-crime capability without any skills of their own. In episode nine of Follow the Money, Bank…...

1+ week, 4+ day ago   (435+ words) FinTech Global Palo Alto Networks, the Nasdaq-listed cybersecurity company, has acquired Console, an AI-native platform built to bring agentic capabilities to enterprise security operations. The deal is designed to give organisations the ability to apply AI-driven analysis and automated action…...