Regulatory compliance has always been a critical aspect of financial services operations, but its complexity and corresponding costs have surged significantly since the financial crisis of the late 2000s. The demand for innovative solutions to streamline compliance activities has become urgent,
Tracebit, a leading cybersecurity firm renowned for its innovative approach to combating cyber threats, has recently secured $5 million in seed funding. This financial milestone promises to significantly advance Tracebit's mission of making advanced cybersecurity measures accessible and
In the wake of the recent data breach at Evolve Bank, which exposed the personal and financial information of Affirm cardholders and potentially other customers, vigilance has become a necessity for those affected. This incident is a glaring example of the vulnerabilities faced by financial
The healthcare industry is increasingly vulnerable to cybersecurity threats, as evidenced by a recent breach at HealthEquity. This incident underscores a broader trend of escalating cyberattacks across various sectors. Concurrently, the financial landscape is undergoing a transformation with the
Financial crime, encompassing a wide range of illicit activities such as money laundering and fraud, continues to be a growing global challenge. It's estimated that these nefarious activities account for 2-5% of the global GDP, underscoring the immense scale and impact of the issue. These
In a significant blow to the financial technology sector, Evolve Bank and Trust recently experienced a massive data breach that sent ripples through its fintech partners, including notable names like Wise, Affirm, and Marqeta. Initiated by an employee's mistake of clicking on a malicious link,
