From AI to pig butchering: The alarming rise of payment fraud in 2024
Visa's Biannual Threats Report has unveiled the increasingly sophisticated threats posed to consumers and businesses globally. In the face of these challenges, Visa's Chief...
Xempus inks $70m in Goldman Sachs-led Series D
InsurTech Xempus has bagged $70m in funding from a Series D financing round led by Goldman Sachs Asset Management.
UK to invest £5bn in cyber unit to perform retaliatory cyberattacks
The UK will invest £5bn into the creation of a Cyber Force unit that will strike back on cyberattacks with retaliatory hacks.
Spanish digital asset firm Bit2Me clinches €14m funding
Bit2Me, a Spanish digital asset company registered with the Bank of Spain, recently announced a closing investment of €14 million.
Pilatus Bank owner Ali Sadr Hasheminejad found guilty of breaching US sanctions on Iran
Ali Sadr Hasheminejad, owner of Maltese Pilatus Bank, has been found guilty of crimes breaching US sanctions against Iran and for money laundering offences.
+Simple acquires OM Suscripción to boost Spanish insurance market presence
+Simple, a European insurance distribution platform for small businesses, has announced the acquisition of OM Suscripción de Riesgos, a Spanish underwriting agency specialising in surety insurance and owned by Grupo Morera y Vallejo.
Tesla Insurance expands in the US
Austin, Texas-based Tesla has revealed plans to expand its auto insurance offering in two more states in the US, Oregon and Virginia.
US and European expansion on the horizon for Futora following $6m raise
Israeli FinTech startup Futora has secured $6m in funding to fund product development and build out its sales processes in Europe and the US.
Embedding ESG risk into the ERM framework
In a recent article by ViClarity’s Donal Lawlor, the company discussed the impact of ESG on the Chief Risk Officer (CRO).
ESMA relaxes MiFID II communication monitoring enforcement due to coronavirus
The European Securities and Markets Authority (ESMA) has relaxed video communication monitoring requirements under MiFID II during the COVID-19 (coronavirus) pandemic.