Quantexa raises $153M to build out AI-based big data tools to track risk and run investigations

As financial crime has become significantly more sophisticated, so too have the tools that are used to combat it. Now, Quantexa — one of the more interesting startups that has been building AI-based solutions to help detect and stop money laundering, fraud, and other illicit activity — has raised a growth round of $153 million, […] Continue reading Quantexa raises $153M to build out AI-based big data tools to track risk and run investigations

Silence Gang Borrows From Carbanak To Steal From Banks

A cybercrime outfit stealing from as many as 10 banks in Russia, Armenia and Malaysia has borrowed heavily from one of the kingpins in this realm, Carbanak. Continue reading Silence Gang Borrows From Carbanak To Steal From Banks