Company News

Cybersecurity company Proofpoint acquires ObserveIT for $225m

Proofpoint, the cybersecurity company, has bought threat management firm ObserveIT for $225m.

Schwarz Group looks to the security challenges of tomorrow with XM Cyber purchase

Retail giant Schwarz Group has snapped up Israeli cybersecurity firm XM Cyber for an undisclosed fee.

ESMA releases final MiFID II and MIFIR market data obligations report

The European Securities and Market Authority (ESMA) has published its final report on MiFID II and MiFIR obligations concerning market data.
governance

How a better governance approach can help avoid ESG lapses

With the rise of ESG meaning companies have more eyes on them than ever to make positive differences, it can be tough to be able to meet all these standards without occasionally lapsing.

European Commission eyeing climate risk stress tests for financial firms

The EU is reportedly looking to introduce climate risk stress tests to force financial firms to raise their protection against global warming.

Socotra and omni:us join forces for better customer experience

Socotra, a cloud-native core platform for insurers, is to partner with provider of intelligent insurance claims automation omni:us. Socotra said that together with omni:us, it...

HSBC bolsters Hong Kong offering with AI-powered equity index product

HSBC has unveiled AiPEX5, a new AI-powered equity index structured product to bolster its wealth offering in Hong Kong.
PRA

Prudential Regulation Authority sets out priorities for 2023

The Prudential Regulatory Authority (PRA) has set out its priorities for 2023 in a letter to a number of key CEOs.

OpenText to acquire cybersecurity company Carbonite in $1.42bn deal

Business management technology provider OpenText has inked a deal to buy Carbonite, the cybersecurity company, for $1.42bn.

Torq secures funding from Insight Partners-led Series B

US no-code automation platform Torq has nabbed $50m from a Series B funding round led by Insight Partners.

News Stories

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens AG, a frontrunner in technological innovations, has issued a new digital bond, reinforcing its position as a pioneer in the FinTech sector.
American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary, a trailblazer in post-quantum encryption technologies, has recently secured a strategic investment.
Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative, a leader in Web3 security solutions, has successfully secured a $16m Series A funding round.
The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) has officially launched the application phase for the eighth iteration of its esteemed Engine Innovator Programme, a pivotal accelerator designed to spur FinTech advancements within the investment management sphere.
Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut Business has announced that its global revenues now exceed $500m (£380m), alongside monthly transaction volumes of £17bn.

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