Ballerine, an open-source risk decisioning platform, has raised $5 Million in a seed funding round led by Team8. The company provides an open-source platform that integrates global data sources, along with the necessary tools to automate and enhance decision-making processes for tasks such as onboarding (KYB), underwriting, and transaction monitoring.
The Monetary Authority of Singapore (MAS) today launched the Financial Sector Artificial Intelligence and Data Analytics (AIDA) Talent Development Programme.
Westpac has banned customers from sending money to the Australian arm of Binance as part of a wider series of measures designed to tackle cryptocurrency-related scam losses.
The FCA and PSR Boards have appointed two new Deputy Chairs - Margaret Obi and Edward Sparrow - to the FCA's Regulatory Decisions Committee (RDC) and the PSR's Enforcement Decisions Committee (EDC).
Saifr, an AI-focused regulatory technology (RegTech) provider that assists financial institutions with the creation, review, and approval of communications to help mitigate brand, regulatory, and reputational risk, today announced the addition of its risk interpretation and suggested language capabilities.
The American Bankers Association (ABA) has urged lawmakers to regulate stablecoin issuers like banks, arguing that two bills on the subject, up for debate this week, "fall short".
Vilnius-based RegTech startup Amlyze, has concluded a $1 million pre-seed investment round led by Practica Capital, with participation from Lithuania's Firstpick accelerator and venture capital fund.
Stearns Bank N.A. has partnered with Sardine, a leading provider of risk management and compliance solutions, to enhance Stearns Bank's fintech program.
