Compliance Risk Concepts acquired Oyster Consulting, create CRC-Oyster, a combined risk and compliance consulting firm serving financial services organizations. Financial terms were undisclosed, but the companies announced full integration is expected by the end of the year. The merger...
UK digital compliance provider SmartSearch has partnered with digital identity company Daon to integrate AI-powered biometric identity technology into its SmartDoc identity verification solution. The integration aims to reduce manual document reviews and improve first-time pass rates for customer...
Global online ID verification provider Ondato has released an AI-powered adverse media screening feature that automatically scans online sources for negative mentions during identity verification processes. The tool analyzes context and source credibility to generate real-time summaries for anti-money...
Third-party risk monitoring provider Supply Wisdom has closed a $14 million Series B funding round led by Jurassic Capital that will support continued innovation and growth for the company's AI-powered risk intelligence platform. Supply Wisdom, which provides real-time risk...
Smarsh has announced platform updates including AI-powered compliance tools and expanded API capabilities designed to integrate with existing legal and case management systems, the company says. The Portland-based communications data and intelligence provider introduced capture for Microsoft 365 Copilot...
ThetaRay and Spayce have formed a strategic partnership to integrate AI-powered transaction monitoring into Spayce's cross-border payments platform to enhance financial crime detection capabilities, the companies announced. Spayce has deployed ThetaRay's cognitive AI transaction monitoring solution into Spayce’s global...
OnBoard has launched OnBoard AI, which it describes as an integrated suite of AI-enabled governance tools designed specifically for boards of directors. The board management platform provider built six AI capabilities into its existing secure platform to support agenda...
Fenergo has launched a new fincrime platform that integrates client onboarding, KYC, screening and transaction monitoring functions with six autonomous AI agents designed to automate compliance tasks. The system aims to unify previously siloed compliance processes across financial institutions....
AuditBoard has launched operations in Germany to provide localized support for its audit, risk and compliance platform, targeting German enterprises navigating complex national and European Union regulatory requirements. The expansion includes the appointment of Philipp Verhoeven as leader of...
Keysight's Riscure platform has received accreditation from the European Payments Initiative to conduct security evaluations for payment service providers, expanding the company's EPI certification services. The accreditation allows the device security research lab to evaluate both acceptor and consumer...
Kovr.ai and Second Front Systems have partnered to automate software accreditation processes for government agencies through a combined platform that integrates AI-driven compliance tools with secure deployment capabilities, the companies say. The partnership targets the authority to operate (ATO)...
Solidus Labs has launched an agentic AI system for trade surveillance workflows at financial institutions. The New York-based firm's platform, called HALO, deploys AI agents designed to handle specific compliance tasks like alert remediation, case management and regulatory reporting,...
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