Banks are not the police. And yet, for many crimes, financial institutions (FIs) are often on the front lines when it comes to preventing and detecting fraud. Faced with this enormous challenge in the face of skyrocketing fraud risks, one would assume that joining forces...
The current wave of anti-money laundering (AML) technology has been largely precipitated by a series of directives issued by the European Parliament since 2015. Nevertheless, financial institutions (FIs) operating in the bloc have more to gain than legislative compliance when it comes to intercepting the...
Not having an equivalent to Silicon Valley, Europe’s technology sector is distributed across hubs all over the continent. And while American Big Tech has tended to settle in London and Dublin to tap into innovation opportunities across the region, in recent years one of the...
November 03, 2022
Banks are not the police. And yet, for many crimes, financial institutions (FIs) are often on the front lines when it comes to preventing and detecting fraud. Faced with this enormous challenge in the face of skyrocketing fraud risks, one would assume that joining forces with other FIs would be a no-brainer, but that couldn’t […]
December 14, 2023
Estonia-based Salv, a provider of financial crime compliance solutions, has raised 3.9 million euros ($4.29 million) in new funding to fuel its expansion in the United Kingdom. With this investment, the firm has raised 7.9 million euros ($8.68 million) in 2023 and 12.1 million euros ($13.3 million) in total, Salv said in a Thursday (Dec. 14) […]
