Dotfile, a promising French RegTech startup, recently celebrated a significant milestone: the completion of a €6 million fundraising round. Founded in 2021, the company aims to revolutionize compliance processes through its AI-powered platform, with a particular focus on "Know-your-Business" (KYB)
In an era where financial services are evolving rapidly to meet changing customer expectations and regulatory landscapes, Zero Fintech and Flagright have announced a strategic partnership. This fusion is set to herald a new era in which cutting-edge security measures align seamlessly with
In the first half of 2024, the regulatory technology (RegTech) sector experienced a notable shift in investment patterns. While the overall number of deals has decreased, the average deal values have surged, reflecting a strategic pivot among investors towards larger, more substantial investments
A recent report from Thales, a leader in cybersecurity, titled “Economic Impact of API and Bot Attacks,” underscores the severe financial damages that insecure APIs and bot attacks inflict on businesses worldwide. According to data analyzed by the Marsh McLennan Cyber Risk Intelligence Center, over
The financial services industry is undergoing a transformation as artificial intelligence (AI) takes center stage in the detection and prevention of financial crimes. With financial fraud and money laundering on the rise, the role of financial institutions has expanded significantly to act as the
In today’s rapidly evolving digital financial landscape, combating fraud has become more critical than ever. With the increasing incidence of fraud—especially through digital channels—financial institutions and fintech companies are in dire need of sophisticated solutions to safeguard transactions.
