Tag: Financial Crime & Fraud
LSEG Adopts IDVerse AI to Strengthen Global ID Verification and Combat Digital Fraud
The London Stock Exchange Group (LSEG) has chosen IDVerse's advanced identity verification technology to strengthen global onboarding and...
UK Finance and GSMA Partner to Combat Fraud with New Scam Signal Initiative
Members of UK Finance and GSMA, including major UK mobile operators like Vodafone, EE, Virgin Media O2, and...
Socure inks $136m deal to acquire AI-powered risk decisioning platform Effectiv
Deal Overview: Socure, a US digital identity verification and fraud prevention platform, will acquire San Francisco-based risk decisioning...
Australia’s MyState Bank taps Backbase for Engagement Banking platform
Partnership Announcement: MyState Bank, based in Hobart, Tasmania, has selected Dutch digital banking solutions provider Backbase to enhance...
US identity verification start-up IDPartner Systems to shut down
Company Overview: IDPartner Systems is a US-based provider of online identity verification tools, founded in 2021 and headquartered...
Visa reportedly in negotiations to acquire Featurespace in potential £700m deal
Potential Acquisition: Visa is reportedly in advanced talks to acquire UK-based fraud detection firm Featurespace in a deal...
Chaos Labs lands $55 million Series A led by Haun Ventures
Funding Secured: Chaos Labs, a blockchain risk management platform, has raised $55 million in a Series A funding...
MAS to commence quantum-proofing cybersecurity trials with banks “in the coming months”
Here’s a summary of the collaboration between the Monetary Authority of Singapore (MAS) and various banks to address quantum...
Sweden’s Fingerprints hires David Eastaugh as new chief strategy and technology officer
Appointment Announcement: David Eastaugh has been named the new Chief Strategy and Technology Officer (CSTO) of Fingerprint Cards,...
Caribbean-based Proven Bank taps Ireland’s Fenergo for transaction monitoring solution
Proven Bank Partners with Fenergo to Enhance AML Compliance
Key Points:Partnership Overview:Caribbean-based Proven Bank has partnered with Irish...
Israel’s ThetaRay snaps up Screena to enhance financial crime detection
ThetaRay Acquires Belgian Fintech Screena
Key Points:Acquisition Overview:Acquirer: ThetaRay, an Israeli provider of AI-driven transaction monitoring.
Target: Screena,...
Virgin Money taps Experian to streamline digital customer experience
Virgin Money Partners with Experian: Key PointsStrategic Partnership:Virgin Money is partnering with Experian to enhance its digital...