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Doppel Secures $35M Funding to Enhance AI-Driven Digital Risk Management Platform
AI company Doppel has raised $35 million in a Series B funding round led by Bessemer Venture Partners, boosting its valuation to $205 million. The funding will enhance its social engineering defense platform, Doppel Vision, which protects enterprises from digital threats like phishing and deepfakes. Since its Series A in January 2024, Doppel has seen a 400% increase in enterprise customers and a 3X growth in annual recurring revenue. CEO Kevin Tian expressed excitement about the partnership and plans to focus on expanding their platform to meet rising demand across various sectors.
Auditoria.AI Secures $38 Million in Series B Funding to Revolutionize Enterprise AI Solutions
Auditoria.AI, a leader in agentic AI solutions for corporate finance, has raised $38 million in an oversubscribed Series B funding round led by Innovius Capital, with contributions from Dell Technologies Capital and others. This funding will accelerate growth, product innovation, and global market expansion. The company, reporting triple-digit growth in 2024, utilizes advanced technologies like natural language processing and machine learning to automate financial operations for CFOs. Its platform supports over 300 languages and currencies, processing $2.4 billion in collections and $9 billion in invoicing annually. CEO Rohit Gupta emphasized the investment’s significance for scaling and enhancing finance teams’ efficiency.
Revolutionizing Watchlist Screening: Socure Unveils AI-Powered Assistant for Enhanced Security
Socure has launched an AI-powered assistant for Global Watchlist Screening and Monitoring, aimed at enhancing compliance for financial institutions and global enterprises. This solution addresses inefficiencies in traditional processes, such as high false positives and labor-intensive manual reviews. The AI system uses a two-stage scoring process to improve accuracy and reduce reliance on human intervention. Key features include real-time analysis, Natural Language Reasoning to lower false positives, and significant reductions in manual reviews and compliance costs. Debra Geister, Socure’s VP, emphasized that this innovation improves speed and precision, helping compliance teams meet modern regulatory demands.
Tirana Bank Teams Up with Backbase to Revolutionize Digital Banking in Albania
Tirana Bank is initiating a major digital transformation by partnering with Backbase, marking its largest technology investment to date. Supported by the BALFIN Group, the initiative aims to triple the bank’s digital customer base in five years and enhance retail and business banking services. Key goals include launching new web and mobile applications and introducing digital lending options. Backbase’s cloud-native platform will facilitate rapid innovation, improved security, and personalized customer experiences. Tirana Bank CEO Dritan Mustafa expresses ambition to become Albania’s leading digital bank, positioning this collaboration as a transformative step in the region’s banking sector.
Taxbit Revolutionizes Compliance with EU and OECD Tax Regulations
Taxbit has upgraded its platform to comply with the EU’s DAC8 directive and the OECD’s Crypto-Asset Reporting Framework (CARF), enhancing tax reporting for Reporting Crypto-Asset Service Providers (RCASPs) in over 65 jurisdictions. With the regulations set to take effect on January 1, 2026, Taxbit aims to simplify compliance through automated and secure processes. Key features include a Digital Self-Certification SDK, an Automated Reporting Engine, and a Real-Time Insights Dashboard. Clients like PayPal have noted significant benefits, enhancing customer trust in digital asset trading and documentation. For more details, visit Taxbit’s official website.
NFCC and Piere Join Forces to Boost Consumer Financial Wellness: A Powerful Partnership for Your Financial Future
The National Foundation for Credit Counseling (NFCC) has strengthened its partnership with Piere, an AI-driven financial management app, to enhance consumer financial wellbeing. This collaboration, building on their initial partnership from June 2024, aims to integrate Piere’s budgeting features into NFCC’s credit counseling services, allowing for personalized financial guidance. Consumers can access a co-branded Piere app to manage budgets, monitor Debt Management Plans, and collaborate with counselors. Additionally, users can opt for a discounted premium version with advanced features. Both organizations express excitement about providing tools to help consumers achieve financial stability.