Featurespace, the leading provider of Adaptive Behavioral Analytics software for Enterprise Financial Crime prevention, has raised £30 million ($37.4 million) from a funding round led by Merian Chrysalis Investment Company Limited.

The round also included further funding from a number of existing investors. 

The funding will be used to support Featurespace’s continued growth.

Financial IT's interview with Keith Briscoe, Chief Marketing & Product Officer at Ethoca.

Financial IT: Keith, could you please tell us more about Ethoca and your background?

At the State of Enterprise Adoption session at this year’s Consensus: Distributed conference, R3 Co-Founder Todd McDonald and Kaleido Founder Steve Cerveny announced the companies formally partner to offer R3’s Corda Enterprise software on Kaleido’s digital platform. 

Nutanix (NASDAQ: NTNX), a leader in enterprise cloud computing, today announced several new capabilities in its hyperconverged infrastructure (HCI) software and AHV hypervisor to protect business-critical applications and maintain continuous business operations in the face of a possible disaster.

Forter, the leader in e-commerce fraud prevention, today announced the general availability of its Fraud Prevention Platform for Payment Service Providers (PSPs), enabling PSPs to manage fraud for their merchants. Forter’s award-winning platform accurately reduces fraud chargebacks while increasing approvals, and it delivers an exceptional, frictionless consumer experience.

Velo and Mastercard (NYSE:MA) today announced a partnership to modernize the $125 Trillion global business payments market. The agreement will see Velo operate as both a Buyer and Supplier Agent for Mastercard’s Track Business Payment Service. Track was built to simplify and automate the exchange of payments-related data between the world’s Buyers and Suppliers - one of the first open loop commercial solutions to do so.

Digiterre, a software and data engineering consultancy, today announced the launch of DataMax, an enterprise platform for technology teams to manage and analyse big data.  It can be used in complex organisations where the integration, management and analysis of large and complex data sets, in the form of market, networks and relationships, or operational data, such as in trades and transactions, need to be conducted rapidly and in real-time, to achieve organisational success.  The DataMax platform is based on multiple years of technology research and development and builds on Digiterre’s aw

Salt Edge announced the release of a new feature that allows third party providers (TPPs) to register quicker with the desired banks’ PSD2 channels in the whole of Europe. Dynamic registration aims to save TPPs thousands of man-hours on onboarding with banks.

Financial services organisations are trusted with far more than just money; they are also responsible for keeping customers’ highly sensitive personal and financial data under lock and key. We’re hyper-aware that the growing value of this data means financial organisations are prime targets for malicious cyberattacks - but this isn’t the only threat they face. In fact, not a day passes without these firms’ own employees putting data at risk from within.

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM^®) solutions provider, strengthens its presence in Southeast Asia and Hong Kong with the appointment of Victoria Harverson. In her leadership role she joins the sales team in the regional head office based in Singapore, and reports to Radha Pillay, Head of Sales Apac.