January 26, 2023
Tenable to Invest Up to $25M in Early-Stage Cybersecurity Firms

Tenable will invest up to $25 million in startups that can help its cybersecurity efforts. Those ventures will be part of the company’s new corporate investment Tenable Ventures, the firm said...

January 26, 2023
Surveillance Firm Hawk AI Raises $17M as Financial Crimes Grow

Hawk AI has raised $17 million to boost its fraud prevention and anti-money laundering efforts. The Munich company announced the Series B on Thursday (Jan. 26), saying the funds would help it...

January 25, 2023
Inscribe Raises $25M to Expand Fraud Detection Capabilities

Inscribe has raised $25 million to expand its fraud detection capabilities and introduce risk intelligence tools. The new Series B capital brings the firm’s total amount raised to $38 million,...

January 24, 2023
Sandbar Gets $4.8M to Fund Fight Against Financial Crime

Sandbar says it has raised $4.8 million to enhance its financial crime detection software. The funding, announced by the New York FinTech Tuesday (Jan. 24), comes amid an uptick in...

January 23, 2023
ECB Board Member: Digital Euro Should Complement Other Payment Methods

A digital euro should complement, not replace, other electronic payment methods or cash. So said European Central Bank (ECB) Executive Board Member Fabio Panetta in a Monday (Jan. 23) speech...

January 20, 2023
Online Scam Complexity Is Paradoxically Keeping Banks’ Fraud Controls Offline

As long as banks have been around, they’ve been tremendously attractive targets for “robbers.” The tit-for-tat between bad actors chasing after bank deposits has evolved each century — and increasingly...

January 19, 2023
Report: 2022 Saw 50% Spike in Money Laundering Fines

Penalties for failing to stop financial crimes jumped by more than 50% last year. That’s according to a Thursday (Jan. 19) report by the Financial Times (FT), which says the...

January 18, 2023
Crypto Exchange Bitzlato Founder Charged With Unlicensed Money Transmitting

Cryptocurrency exchange Bitzlato has had assets seized and its founder arrested in the United States. Anatoly Legkodymov, a Russian national who resides in China and is founder and owner of...

January 18, 2023
Crypto Industry Continues Balancing Contagion With Cleanup Post-FTX

Crypto continues battling through a historic shock to its system, while industry lessons accumulate. In just the past two weeks alone, bitcoin (BTC) has risen 30% on the year hitting...