Schwarzwald Capital made a strategic investment in Vesta, a transaction guarantee provider for online payments, the companies announced. The partnership includes establishing a joint venture focused on reducing fraudulent transactions in digital commerce. Vesta processes over 100 million transactions...
High Peaks Solutions has acquired a technology platform from Dteckt to enhance third-party risk assessment capabilities. The platform, branded as SummIT Inspect, integrates with the company's existing SummIT platform to provide continuous visibility into the security posture of third...
SmartSuite has partnered with the Cyber Risk Institute to deliver compliance solutions for US banks following the discontinuation of the FFIEC Cybersecurity Assessment Tool. The collaboration provides banks with a platform to implement the CRI Profile, a cybersecurity risk...
Armalytix has introduced enhanced source of funds verification tools for commercial property and corporate lawyers, the fintech company announced. The solutions aim to simplify how legal professionals verify business transaction funding while meeting regulatory requirements from the Solicitors Regulation...
Instnt has introduced a new AI-powered fraud loss insurance program that transfers fraud risk to insurers, the company announced. The program, backed by global AM Best A-rated insurers, including Accredited and Howden, combines insurance coverage for fraud losses with...
Martini.ai has released its second AI-powered agent in recent months, a tool that instantly generates financial risk reports from uploaded documents, the company announced. Its Financials Agent tool extracts key financial data, calculates credit scores and identifies potential red...
MirrorWeb has released a mobile communications archiving application designed to separate personal and business messages for regulatory compliance, the compliance provider announced. The app, Trusted Contacts, allows users to designate contacts as either business or personal. The application works...
SpendHQ has released a supplier risk management tool that monitors financial, geopolitical and operational factors across global supply chains, the Atlanta-based software company announced. The tool aims to help companies identify and address potential disruptions before they impact operations....
OneTrust has created an AI agent to streamline data breach management, the privacy technology company announced. The Privacy Breach Response Agent, built with Microsoft Security Copilot, automates incident evaluation, regulatory mapping and notification requirements. The agent works by evaluating...
Financial services AI company Auquan has released a new risk AI agent that works autonomously to detect early risks, the company announced. The AI agent can independently execute end-to-end workflows, including data gathering and structured reporting. "At Auquan, our...
Vistra has launched Geni, a new global AI compliance adviser embedded within its new specialist global compliance and expansion platform. The platform enables clients to incorporate an entity and open a business account in leading jurisdictions, as well as...
FlexTecs has expanded its FlexTrap platform to include supplier statement reconciliation, furthering its ability to detect, prevent and reconcile payment discrepancies, the recovery audit company announced. Initially introduced with a focus on payment error prevention, FlexTrap has evolved into...
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