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1Kosmos, which provides identity verification and passwordless authentication software, raised a $57M Series B, including a $10M line of credit

Duncan Riley / SiliconANGLE: 1Kosmos, which provides identity verification and passwordless authentication software, raised a $57M Series B, including a $10M line of credit — Identity proofing and passwordless authentication company 1Kosmos Inc. announced today that it had raised $57 million in new funding for product innovation …See the Story

Prevent AI Data Leaks by Fixing over-Permissioning

Organisations are increasingly confident in using AI, particularly when deploying “containerised” instances where company data is kept private and not used to train public models. However, as AI becomes a core part of workplace collaboration, a growing risk is emerging—over-permissioning. According to ACA Group, in modern digital workplaces, tools like SharePoint have become indispensable for document management and knowledge sharing. Yet, as bu…Artificial Intelligence See the Story

UK’s FCA Seeks Feedback on Future Open Banking Standard-Setting Body

The U.K.’s Financial Conduct Authority (FCA) will continue to engage with the industry as it works to establish a new standard-setting body for open banking later this year. [contact-form-7] This new body will support the rollout of variable recurring payments for some types of household bills, the regulator said in a Friday (August 8) press release announcing its publication of a feedback statement that summarizes and responds to the c…Regulation · United Kingdom See the Story

FMA unveils priorities to boost trust in finance sector

The Financial Markets Authority (FMA) has set out its regulatory priorities for the years ahead, placing innovation, market confidence, and strong conduct standards at the centre of its strategy. Speaking at the Future of Financial Services conference, FMA executive director for licensing and conduct supervision Clare Bolingford said the regulator would focus on working closely with the industry to address challenges that cannot be solved by reg…Innovation · New Zealand Read Article

Why leading banks choose nCino for onboarding

Banks are spending up to $30,000 just to onboard a single commercial client, and losing another $25,000 when poor processes drive them away. FinTech platform nCino believes it can address this issue through its solution, promising to strip out the manual work, reuse data intelligently, and turn onboarding from a regulatory chore into a customer-winning moment. The North Carolina-based firm, now strengthened by its acquisition of FullCircl, is tr…Wilmington, North Carolina · Wilmington Read Article

Woven Solutions lands funding from Falfurrias Partners

Woven Solutions, a Reston, Virginia-based engineering firm specialising in cloud-native software development, DevOps, cybersecurity, and data solutions, has secured a strategic investment from private equity firm Falfurrias Management Partners. The funding, drawn from Falfurrias Capital Partners VI, will provide Woven with capital, resources, and strategic support. Woven builds scalable, secure, and mission-critical systems for government and en…Reston · Reston Read Article

Balancing KYC compliance with smooth onboarding

Balancing strict compliance and KYC obligations with smooth, client-friendly experiences is one of the FinTech sector’s most pressing challenges. At London’s Global RegTech Summit, hosted by FinTech Global, a panel of experts explored how innovation, ethics, and oversight intersect in an era of rapid technological change. The session was moderated by Mubashir Malik, Head of Governance, Risk and Compliance Training and Communications at NEOM, an…London, England · London Read Article

Conversia joins Wilmington in strategic GRC expansion

Wilmington, a global provider of data, information, education and training services in the GRC sector, has announced the acquisition of Conversia, a Spanish market leader in data privacy and regulatory compliance solutions. The deal marks Wilmington’s strategic move to expand its presence in the GRC market while entering the regulated data privacy sector for the first time. The acquisition supports Wilmington’s aim to diversify its portfolio, gr…Education · Barcelona Read Article

History’s biggest scams and what we learned

Fraud has been a constant in human history, but its methods and scale have shifted dramatically over the centuries. From ancient street swindles to elaborate cyber schemes, the ingenuity of fraudsters has only grown with technology. What began as small-scale deception has evolved into scams capable of wiping billions from economies, shaking industries, and undermining public trust. According to AIPrise, some of history’s most notorious scams hav…Read Article

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