Category : Risk Management

Investment Services News Risk Management

Grip Security Raising $41 Million Series B Led by Third Point Ventures

Business Wire
by Business Wire0
SaaS security leader plans to accelerate growth and extend its market leadership Grip Security, a leader in SaaS identity risk management, announced it is raising $41 million in Series B funding led by Third Point Ventures, with participation from YL Ventures, Intel Capital and The Syndicate Group. The investment would bring Grip Security’s total......
Finance News Risk Management

True Digital Partners with Ncontracts to Provide Better and Faster Vendor Data for Banks

Business Wire
by Business Wire0
Uniting for enhanced vendor optimization True Digital Group, provider of the industry’s first digital vendor optimization network that supports financial institutions in their discovery, implementation, and monitoring of technology vendors, announced a strategic partnership with Ncontracts, the leading provider of integrated vendor, compliance, and risk management solutions to the financial......
Analytics News Risk Management

Everstream Analytics and Kearney Expand Strategic Partnership to Build Resilience Across Every Tier of Global Value Chains

Business Wire
by Business Wire0
Collaboration connects risk management strategy and execution holistically, minimizing disruptions and maximizing resilience and competitiveness Everstream Analytics, the global supply chain insights and risk analytics company, and Kearney, a global consulting leader in supply chain strategy, announced a strategic extension of their partnership that will embed rapid and proactive risk detection......
Artificial Intelligence News Risk Management

AI Is the Most Effective Method for Tackling Money Laundering Threats, According to AML Professionals

Business Wire
by Business Wire0
New Feedzai research of anti-money laundering (AML) professionals unveiled the most significant threats and solutions to AML processes 46% state that increasingly sophisticated money laundering techniques, including generative AI technology, is one of the biggest threats their business faces 53% note that the majority of money laundering activity they encounter......
Compliance management News Risk Management

Wolters Kluwer Expert Points to Potential Risks 2023 Bank Failures Pose for Non-bank Lenders

Business Wire
by Business Wire0
Kevin Wilzbach also notes fair lending practices likely to be under increased focus After this spring’s rapid collapse of Silicon Valley Bank, Signature Bank and First Republic Bank, the banking industry is closely measuring the possible regulatory after-effects. Those impacts may include closer regulatory scrutiny for both traditional and non-bank......
Finance News Risk Management

Resilience Raises $100 Million Series D Round, Led by Intact Ventures with Participation from Lightspeed Venture Partners

Business Wire
by Business Wire0
New funding will accelerate adoption of new Resilience Solution and expansion across Europe Resilience announced a $100MM equity financing round to accelerate its global expansion and scale the adoption of its holistic cyber risk platform, the Resilience Solution, which launched earlier this year. The Series D round was led by......
Capital Markets News Risk Management

Numerix Acquires PolyPaths, Expanding Market Expertise in Structured Finance & Fixed Income

PR Newswire
by PR Newswire0
PolyPaths’ offerings add to Numerix’s existing analytic tools, providing clients with expanded coverage of Front-to-Risk applications Numerix, a global leader in capital markets risk management technology, is pleased to announce the acquisition of PolyPaths, a renowned provider of analytics and risk management solutions for financial institutions. PolyPaths brings a wealth of......
E-commerce News Risk Management

Riskified Partners With Commercetools To Deliver Chargeback Guarantee At Scale

Business Wire
by Business Wire0
The integration streamlines merchant onboarding to Riskified’s award-winning fraud management platform Riskified, a leader in eCommerce fraud and risk intelligence, announced it has integrated with commercetools, a leader in building critical composable commerce innovation at scale, to deliver advanced fraud prevention and risk management solutions to merchants globally. Latest Fintech Interview:......
Fintech News Risk Management

Feedzai Introduces Railgun: Fraud Detection Engine, Advanced AI to Defend Millions of People From Surging Financial Crime

Business Wire
by Business Wire0
Railgun delivers breakthroughs in accuracy, latency, and reliability, further enhancing Feedzai’s already industry-leading RiskOps Platform Patented AI technology is the latest innovation from Feedzai, which has invested over $100M to develop the world’s most comprehensive suite of products to fight financial crime Feedzai, a leading provider of financial crime and......
Finance News Risk Management

Feedzai Introduces Railgun: Next-Gen AI Fraud Detection Engine to Defend Millions of People From Surging Financial Crime

Business Wire
by Business Wire0
Railgun delivers breakthroughs in accuracy, latency, and reliability, further enhancing Feedzai’s already industry-leading RiskOps Platform Feedzai, a leading provider of financial crime and risk management solutions, is introducing Railgun, its next-generation AI engine designed to target and intercept financial fraud before it can occur. In order to scale, today’s risk engines force......
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