Tags Artificial Intelligence

Tag: Artificial Intelligence

Clarity secures $16m in seed funding to combat Deepfakes with AI...

Clarity, an innovative firm specialising in AI cybersecurity, has successfully secured $16m in seed funding. The round was led by prominent investors Walden Catalyst and Bessemer Venture Partners, marking a significant step forward for the company.

Verto partners with Resistant AI for groundbreaking document verification

Verto, the innovative cross-border payment platform catering to emerging economies, has announced a strategic partnership with Resistant AI, specialists in AI- and machine learning-powered financial crime prevention.

Revolut’s new AI tool fights rising scam epidemic

Revolut has recently unveiled an innovative artificial intelligence (AI) tool aimed at combating authorised push payment (APP) fraud, a sophisticated scam where criminals deceive individuals into willingly transferring money into fraudulent accounts.
AML challenges and digital transformation: What 2024 holds for financial services

AML challenges and digital transformation: What 2024 holds for financial services

As we step into the second month of 2024, financial institutions (FIs) and regulated entities face a future that is anything but certain. Following a year marked by considerable upheaval, the question on everyone's mind is how to best prepare for what lies ahead.

Lithuania’s Cyber Upgrade raises €650k to strengthen SME cybersecurity solutions

Lithuania-based cybersecurity startup, Cyber Upgrade, has successfully secured €650,000 in pre-seed funding to bolster its mission of providing inclusive and accessible cybersecurity solutions for...

The future of KYC: Adapting to new challenges in the banking...

Fenergo's recent webinar, 'KYC, AML, & Onboarding in 2023 – Were Lessons Learned or Do Old Habits Die Hard?', brought together compliance experts to...

The role of AI and RegTech in enhancing perpetual KYC practices

In the latest episode of the Fenergo FinTalks podcast, host Dhanum Nursigadoo engages in a thought-provoking conversation with Rory Doyle, Fenergo’s Head of Financial Crime Policy. The focus of this discussion is on a key term in AML compliance: perpetual KYC (pKYC).

Innovative cyber recovery firm Salvador Technologies lands $6m investment

Salvador Technologies, a leading provider of cyber-attack recovery solutions for critical infrastructures and industrial organizations, has successfully raised $6m in a funding round.

Revolutionizing digital onboarding: AI’s role in saving banks $900m by 2028

A new report from Juniper Research, a leader in FinTech and payment market analysis, has found that by 2028 the application of AI in identity verification will dramatically reduce the average digital onboarding check time from over 11 minutes in 2023 to under 8 minutes.

COGNNA secures $2.25m in Seed funding led by IMPACT46

COGNNA, a trailblazer in cybersecurity within the Middle East and North Africa region, has completed a seed funding round, amassing over $2.25m.

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