
Deal focus: Financial crime pays for Silent Eight

Singapore’s Silent Eight is tackling the toughest cybersecurity subsegment and securing global clients in its early stages. Wavemaker Partners predicts a near-term explosion in growth
About USD 3trn is laundered annually, and only 1% of dirty money is currently being stopped. As of 2020, the cost of financial crime compliance was USD 214bn and projected to grow 19% a year. Terrorist...
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