Digital ID verification start-up OCR Labs expands to North America with $30m funding
OCR Labs has raised $46 million through its combined Series A and B.
Financial Crime & Fraud
Compliance tech provider Sardine raises $19.5m in Series A
New funding came from Andreessen Horowitz, NYCA and Experian Ventures.
Finding illicit financial transactions by ignoring them
Firms can utilise AI and ML to create analysis models that can better detect suspicious activity.
White paper: Anti-money laundering regulations in 2022
A closer look at some of the changes in the AML regulatory landscape in seven countries around the globe.
Anti-fraud firm ClearSale acquires US tech start-up ChargebackOps for initial $3.6m
“Chargebacks are an enormous and growing problem for e-commerce merchants,” says ClearSale EVP.
Financial crime fighter ACAMS acquired by PE firm Wendel for $500m
ACAMS has a global membership base of 90,000+ members in 175 countries.
Webinar: How to detect and prevent account takeover attacks and protect your customers
Guest speaker: Ash Khan, head of enterprise fraud management, Bank of Montreal (BMO)
Video: fintech news pick of the week – Amazon, Visa, Bolt & Lunar
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Regtech ComplyAdvantage reports record year, makes senior hires
Nabeel Vilcassim joins as chief financial officer (CFO) and Oliver Furniss as chief product officer (CPO).
Trulioo hires product veteran Michael Ramsbacker as its first chief product officer
Ramsbacker will be developing intelligent workflow systems designed to maximise verification rates.
Solution brief: Arkose Labs for fintech
Arkose Labs bankrupts the business of fraud by sabotaging attackers’ ROI and making it uneconomical to attack you.
White paper: 8 trends fuelling account takeover attacks on fintechs
How fraud and security teams are navigating the increasingly complex threat landscape.
Case study: Fintech neobank slashes ATOs by 75% with Arkose Labs
No more losing about $100,000 per week in costs associated with compromised accounts!
From viral fun to financial fraud: How deepfake technology is threatening financial services
As deepfake technology becomes more prolific, the threat posed to financial services is becoming very real.
What the FinTech? Podcast | Season Two’s Jailed Buzzwords
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
2021: Top five movers and shakers
FinTech Futures takes a look back at some of the year’s seminal hires and appointments.
Noname Security becomes first API security unicorn with $135m Series C raise
The platform says it blocks over 1,000 attacks per day against its customers.
Anti-money laundering regtech Hummingbird secures $30m in Series B round
New funding brings the total raised to date by the start-up to $41.8m.
Congratulations to this year’s Banking Tech Awards winners!
The ceremony took place on 24 November at the Royal Lancaster Hotel in London.
ICYMI funding round-up: Tarabut Gateway, TotallyMoney, Quartr & more
Another collection of funding rounds and raises from all over the world you might have missed.
ID verification firm Socure valued at $4.5bn following $450m Series E round
The fintech plans to use the cash to develop new products, enter new markets and hire more staff.
ICYMI funding round-up: Chip, Multiverse Computing, Kevin, APLYiD & more
Another collection of funding rounds and raises from all over the world you might have missed.
Banking Tech Awards USA 2022 – call for judges
An unrivalled opportunity to be on the forefront of fintech and banking tech innovation and gain exclusive insights.
What it takes to fight financial crime with AI
AI can play a strong part in combating fraud, but firms need to have the right groundwork in place.
White paper: Top three frauds in online banking and how to prevent them
Dissecting digital scams in-depth, showcasing the most important examples and the relevant technical details.
Fraud prevention platform Alloy hits unicorn status with $100m investment
Investment will go towards building out an evolving customer identity profile offering.
ICYMI funding round-up: Yellow Card, QisstPay, Vyne, Tomorrow & more
Plenty of funding rounds in the double digits in this week’s ICYMI roundup.
BNY Mellon invests in data firm Quantexa Technology
Two BNY execs join the Quantexa board as US bank joins Series D.
The Banking Tech Awards are coming to the USA!
The nomination deadline is 18 February 2022 with the winners announced in June.
Regtech start-up PassFort lands $16.2m Series A funding round
PassFort intends to use the money to expand internationally.
ICYMI funding round-up: TomoCredit, Lightyear, X-Margin, Coinfirm & more
More funding deals you may have missed during a busy week of news.
Shortlist announced for Banking Tech Awards 2021
Congratulations to all of this year’s finalists.
How identity fraud is costing fintechs millions each year
With fraud rates on the rise, fintechs need to take cybersecurity seriously.
Guide: The X factor – why KYC isn’t enough
Fighting fraud and financial crime doesn’t end at onboarding.
How cryptocurrencies have fuelled the ransomware business
The head-in-the-sand approach of many organisations has created a fertile environment.
SEC threatens suit over Coinbase crypto lending product
Coinbase’s CEO and chief legal officer admonish US markets regulator over lack of clarity.
State Street to set up global cybersecurity unit in Ireland
The 400-strong team will support the company’s global operations.
Israel Discount Bank of New York picks Argo for anti-fraud
Texas-based Argo will deploy its OASIS platform.
ICYMI funding round-up: Sarwa, Salad, Grip, Keebo & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
Identity verification firm SentiLink lands $70m Series B funding
San Francisco-based firm plans to build out its product suite and expand its team.
