IDV / AML / KYB / Biometrics
Casap Raises $56M Series B to Scale AI Agents for Fraud and Payment Disputes
Casap, a San Francisco-based fraud AI company that builds AI agents for financial services operations, has raised a $56 million Series B led by Base10
Socure Launches Agent Intelligence to Verify Who’s Behind AI Agents
Socure has launched Agent Intelligence, an IDV and AI trust suite on its RiskOS platform that detects AI agents, scores whether they should be trusted,
Hummingbird Acquires Quantimon to Bring Machine Learning to AML Transaction Monitoring for the Agentic Era
Hummingbird, an AI-powered orchestration platform for financial crime compliance, has acquired Quantimon, a machine learning platform for AML risk detection; terms were not disclosed. Quantimon’s
LSEG to Buy Octus in $3.5 Billion Deal as Data Analytics Push Accelerates
The London Stock Exchange Group has agreed to acquire credit intelligence provider Octus from Permira and Octus management in an all-cash deal valued at about
US Lawmakers Revive Broader Federal Biometric Surveillance Moratorium
A group of Democratic lawmakers has reintroduced the Facial Recognition and Biometric Technology Moratorium Act, legislation that would make it unlawful for a federal agency
Unico Acquires Biometrics Provider Valida, Gaining Entry Into Argentina Market
Unico, a Brazil-founded identity verification network that handles onboarding for four of Brazil’s five largest banks and operates in more than 20 countries, has signed
Socure Raises $156M at $5.2B Valuation, Acquires Agentic AI Platform Fravity
Socure, an AI-native identity, fraud, and risk platform, has raised $156 million in strategic growth funding at a $5.2 billion valuation and acquired Fravity, an
Dutch Facial Recognition Developer 20Face Secures Funding to Accelerate Commercialization
20Face, the Enschede-based Dutch facial recognition developer founded in 2017 as a University of Twente spinout that builds its algorithms entirely in-house without requiring customers
Baselayer Raises $20M Series A to Scale Its AI-Powered KYB Platform
Baselayer, a New York-based startup providing AI-driven business verification tools, has raised $20 million in a Series A round, bringing its total funding to approximately
Visa Acquires Behavioral Biometrics Pioneer BioCatch for $2.4B
Visa has agreed to acquire BioCatch, the Tel Aviv-based behavioral biometrics and fraud detection pioneer, in a $2.4 billion cash deal expected to close in
World Raises $52.5M as Investors Back Proof-of-Human Infrastructure for AI
The World Foundation has announced an initial $52.5 million funding round through a one-year locked token sale led by Pantera Capital, with participation from Bain
Fourthline to Merge with Veridas
Fourthline, Europe’s identity verification and compliance leader based in Amsterdam with clients including Revolut, N26, Bitpanda, and Qonto, has signed an agreement to merge with