Sector Updates

Sector Updates

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Ushur unveils AI-powered self-service solution for financial institutions

Ushur unveils AI-powered self-service solution for financial institutions

Ushur, a leader in AI-powered Customer Experience Automation (CXA), has introduced a new self-service solution tailored for financial institutions to automate Know Your Customer...

Bluesnap settles $10M FTC lawsuit over fraudulent payment processing

A recent FTC settlement has thrust payment processing company BlueSnap into the spotlight, as it agreed to pay $10m to settle a lawsuit over its alleged involvement in processing payments for "deceptive and fraudulent" companies.
European

European financial system risks remain elevated amidst market optimism

The Spring 2024 Joint Committee update by the three European Supervisory Authorities (EBA, EIOPA, and ESMA) on risks and vulnerabilities in the EU financial system underscores ongoing challenges amidst a backdrop of changing economic dynamics and geopolitical uncertainties.
Quantifind's new features target market manipulation and more in 2024

Quantifind’s new features target market manipulation and more in 2024

RegTech company Quantifind, prides itself on its commitment to delivering high quality risk intelligence solutions. As part of this, the company recently introduced new product features and functionalities at the start of this year, marking a significant advancement in its capabilities. 
Aikido clinches $17m Series A to revolutionise developer-focused security

Aikido clinches $17m Series A to revolutionise developer-focused security

Aikido, a disruptive force in developer security, has successfully closed a $17m Series A funding round. The round was led by Henri Tilloy from Singular.vc,...
Cybersecurity firm StepSecurity lands $3m to safeguard CI/CD environments

Cybersecurity firm StepSecurity lands $3m to safeguard CI/CD environments

StepSecurity, a cybersecurity firm specialising in CI/CD pipeline and infrastructure protection, has successfully closed a $3m seed funding round.
Insane Cyber raises $4.2m to enhance critical infrastructure protection

Insane Cyber raises $4.2m to enhance critical infrastructure protection

Insane Cyber, a cutting-edge firm in the industrial cybersecurity sector, has successfully completed a $4.2m early-stage funding round.
LayerX Security raises $26m to fortify browsers against new-gen threats

LayerX Security raises $26m to fortify browsers against new-gen threats

LayerX Security, a pioneering company in browser security solutions, today announced a substantial $26m in Series A funding.
Know Your Customer (KYC) procedures are fundamental policies and processes implemented by businesses to mitigate risks and authenticate the identities of customers throughout their entire lifecycle. These protocols are especially critical in regulated industries, serving as a safeguard against money laundering, terrorism financing, fraud, and other illicit activities. FullCircl has put together a comprehensive guide to KYC procedures.

A comprehensive guide to Know Your Customer procedures

Know Your Customer (KYC) procedures are fundamental policies and processes implemented by businesses to mitigate risks and authenticate the identities of customers throughout their...

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