Financial crime compliance company Napier AI announced a partnership with impact asset manager Finance in Motion this week. The partnership calls for Finance in Motion to deploy Napier AI Continuum as its anti-money laundering and counter terrorist ...
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04/25/2024

By David Penn on 2024/04/24 13:49 -0400
  • Impact asset manager Finance in Motion has teamed up with financial crime compliance specialist Napier AI.
  • Finance in Motion will deploy Napier AI Continuum as its anti-money laundering and counter terrorist financing (AML/CTF) platform.
  • London-based Napier AI made its Finovate debut at FinovateEurope in 2018.

Financial crime compliance company Napier AI announced a partnership with impact asset manager Finance in Motion this week. The partnership calls for Finance in Motion...

By Julie Muhn (@julieschicktanz) on 2024/04/24 13:01 -0400
  • ComplyAdvantage announced plans to acquire knowledge engine builder Golden Recursion for an undisclosed amount.
  • ComplyAdvantage will implement Golden’s data extraction and disambiguation methods to help financial institutions minimize their risk of financial crime.
  • The deal will also increase ComplyAdvantage's footprint in the U.S. and will make Andreessen Horowitz (a16z) a top shareholder of ComplyAdvantage.

Fraud and AML risk detection platform ComplyAdvantage ...

By David Penn on 2024/04/23 16:05 -0400

What do Apple Federal Credit Union, Carter Credit Union, and SCE Credit Union all have in common?

All three financial institutions announced this month that they are teaming up with small business lending platform JUDI.AI.

In a series of blog posts at the company's website, JUDI.AI's Director of Marketing Kyle Thom welcomed the three credit unions to what he called “our growing group of 35+ forward-thinking community lenders who are on a mission to reinvent small business...

By Julie Muhn (@julieschicktanz) on 2024/04/23 14:03 -0400
  • Betterment has agreed to acquire Goldman Sachs' Marcus Invest.
  • The deal does not apply to Marcus Deposits and does not cover any of Marcus' technology, employees, or operations.
  • Financial terms of the deal, as well as the number and value of Marcus Invest accounts, were undisclosed.

Automated investing service Betterment signed a deal with Goldman Sachs to acquire the digital investing accounts at Marcus Invest. Marcus Invest, which offers digitally customized investment...

By David Penn on 2024/04/23 13:47 -0400
  • Data privacy vault Skyflow has raised $30 million in an extension Series B round led by Khosla Ventures.
  • The investment comes amid growth in the market for sensitive data protection for Large Language Models (LLMs).
  • Founded in 2019, Skyflow made its Finovate debut at FinovateSpring 2022.

Data privacy vault Skyflow raised $30 million in an extension of its Series B funding round. The round was led by Khosla Ventures, and featured participation from existing investors Mouro...

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