Aurascape AI, a trailblazing cybersecurity firm, is making waves in the tech industry with its recent closure of an oversubscribed seed funding round, which successfully raised $12.8 million. This achievement is a landmark for the company, given its inception in 2023, and signals a promising future
How Will Experian's Purchase of NeuroID Transform Fraud Prevention? The landscape of fraud prevention has undergone significant changes in recent years, driven by the rise of sophisticated AI-driven fraud attempts. In a strategic move to stay ahead of these threats, Experian, a leading global
The regulatory technology (Regtech) market is on the precipice of remarkable growth, projected to expand from USD 12.92 billion in 2023 to an astounding USD 99.28 billion by 2033. This surge represents a compound annual growth rate (CAGR) of 22.62%. Various factors drive this anticipated growth,
Dubai AI & Web3 Festival is a pioneering event that promises to solidify Dubai's status as an unmistakable nerve center of the digital economy. H.H. Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, leads the organization of this progressive event, which will take
The convergence of financial services and digitalization has ushered in an era of unprecedented convenience and innovation. However, this evolution has also introduced significant cyber risks, primarily from advanced bots exploiting system vulnerabilities. The financial technology (fintech) sector,
The ever-evolving financial landscape has witnessed a significant transformation due to the robust growth of fintech technologies. Investments have emerged as a pivotal factor propelling this change, leading to numerous innovations and enhancements in financial services. Let's delve into the
Peer-to-peer (P2P) payment services have revolutionized the way Americans conduct transactions, whether splitting restaurant bills, repaying friends, or purchasing goods online. These platforms—such as Venmo, PayPal, Zelle, and Cash App—offer a seamless and convenient payment method, but their pop
The approval of the first spot Ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) marks a transformative regulatory milestone. This approval, which follows the earlier sanctioning of Bitcoin ETFs, represents a significant shift in the SEC's stance,
The banking industry is undergoing a significant transformation, driven by technological advancements and evolving customer expectations. Traditional banks, which have long relied on legacy core banking systems, now face a myriad of challenges that threaten their growth and competitiveness. These
The fintech landscape is constantly evolving, and amid this dynamic terrain, Monzo has shown remarkable performance. The UK-based digital bank, known for its vibrant coral cards and user-friendly interface, has recently crossed a major financial threshold. Monzo declared a pre-tax profit of £15.4
