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AI & Enterprise

Checkr launches AI solution to prevent recruitment fraud

AI-based hiring solutions company Checkr launched an identity verification function. SiliconANGLE reported on March 4 that the Checkr IDV solution supports real-time verification of applicants during hiring to block potential fraud early. The company said IDV is integrated across the hiring process to continuously validate identities and can stop fake applicants, bots and location manipulation. Checkr said it uses AI biometrics, device and network analysis and document forensics.

AI & Enterprise

Reclaim Security, ArmourCode raise funds to automate security exposure management with AI

Reclaim Security and ArmourCode have raised $20 million and $16 million, respectively, while developing exposure management software, SiliconANGLE reported on March 4. Reclaim said its AI-based platform scans enterprise infrastructure for vulnerabilities and proposes automated remediation plans, with simulation features using a PIPE engine and rollback support. Reclaim plans to use the funding to hire more engineers and expand its market. ArmourCode introduced an AI exposure management module and plans to use the funds for product development and market expansion.

Crypto

Altcoin slump 'worse than FTX' as 40 percent hit new lows; what could trigger a rebound?

The altcoin market has entered its worst phase since the FTX crisis, an analysis said, with more than 40 percent of altcoins trading near record lows. CryptoQuant said the weakness is broader than the post-FTX decline. Some analysts said the pullback differs from 2022 because it reflects shrinking liquidity and falling risk appetite rather than panic selling and forced liquidations. A rebound may require further gains in bitcoin and improving macro indicators such as PMI.