Tag: Anti-Money Laundering/AML
ICYMI fintech funding round-up: Loop, Primary, Sitewire, Savr and more
Loop:Funding Raised: $4.7 million (CAD 6.4 million).
Headquarters: Toronto, Canada.
Investors: Mistral Venture Partners, Luge Capital, Graphite...
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...
Texas-based TransPecos Banks selects Oscilar’s risk management tech for BaaS compliance
Partnership Announcement: TransPecos Banks, a Texas-based community bank, has partnered with San Francisco-based fintech Oscilar to enhance its...
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...
Qonto receives order from Banca d’Italia to improve AML measures in its Italian subsidiary
Qonto Ordered to Improve AML Measures by Banca d’Italia
Key Points:Order from Banca d’Italia:French business banking fintech Qonto...
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,...
Stripe buys US paytech start-up Lemon Squeezy
Stripe Acquires Lemon Squeezy
Key Points:Acquisition Overview:Acquirer: Stripe.
Target: Lemon Squeezy, a US-based payments platform start-up.
Acquisition Date:...
US Federal Reserve fines digital bank Green Dot $44 million over “unfair and deceptive practices”
Key Points:Reason for Fine:Unfair and Deceptive Practices: Violations in marketing, selling, and servicing of prepaid debit card...
Daiwa Capital Markets Europe selects Delta Capita for CLM solution
Daiwa Capital Markets Europe (DCME) Partners with Delta Capita for Client Lifecycle Management: Key PointsPartnership Announcement:DCME has...
US FDIC issues consent order to Thread Bank
FDIC Issues Consent Order to Thread Bank: Key PointsConsent Order Issuance:The US Federal Deposit Insurance Corporation (FDIC)...
New start-up Fideo Intelligence launches offering data-driven fraud-fighting solutions
Fideo Intelligence Launches in the Market: Key PointsCompany Launch:Fraud intelligence start-up Fideo launched in Denver, US.
Aims...
Dutch neobank Bunq enters partnerships with Mastercard and Nvidia
Bunq's Partnerships and Initiatives:Mastercard Partnership:Bunq has partnered with Mastercard to leverage its Open Banking platform.
This allows...