AI startup Fourthline locks down $54M to bring better ID checks and compliance tools to the finance sector

As digital financial services become more advanced, so too do the efforts of malicious hackers and fraudsters to crack into those valuable systems — and so too do the efforts of regulators to build better structures to avoid that abuse. To help the finance sector meet those demands, an Amsterdam-based startup called Fourthline has built a set of AI-based solutions to help with identity verification, anti-money laundering compliance, and more. Today, it’s announcing €50 million ($54 million) in funding to expand that technology.
The funding is being led by Finch Capital with other i

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