FIS-Oxford Report: 78% of Businesses Using AI to Combat Fraud

78% of global business and technology leaders reported that their use of artificial intelligence (AI) has helped improve fraud detection and risk management. 56% said they are scaling or fully implementing AI, and 45% plan to increase investment over the next two years. High implementation and maintenance costs and lack of in-house expertise are slowing wider adoption. Global business and technology leaders are already seeing benefits from the use of AI and automation, with over...

Wirex Named Finalist at the ICA Compliance Awards Europe 2025

Wirex, a global leader in digital payments and Web3 money solutions, has been selected as a finalist for the “Compliance Culture Initiative of the Year” at the International Compliance Association (ICA) Compliance Awards Europe 2025. Wirex’s nomination is a direct result of its strategic investment in a compliance-first culture, supported by an experienced global compliance team and enterprise-grade risk management systems. Pavel Matveev, Co-Founder of Wirex, commented: “Wirex was founded on the belief that financial freedom should...

CIBC Leads Syndicated Debt Facility for Vena Solutions

CIBC Innovation Banking announced today that it acted as Lead Arranger and Administrative Agent of credit facilities for Vena Solutions (“Vena”), an industry-leading Financial Planning and Analysis (FP&A) platform purpose-built to leverage the full power of the Microsoft technology ecosystem. The funding will provide Vena with the flexibility to pursue new channels for growth on its mission to help organizations and their finance teams drive long-term, sustainable growth. Existing investors include Vista Equity Partners, JMI...

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