Why do financial firms still get data laws wrong?
Nine out of ten financial services firms struggle to comply with data privacy laws. However, this has presented RegTech companies with new opportunities.
House of Representatives pass bills aimed at improving small business cybersecurity
The US House of Representatives has passed two bills that are focused on improving the cybersecurity protections for small businesses in the United States.
Auto InsurTech Loop inks $21m financing to expand into new US states
Auto insurance company Loop has raised $21m in a Series A funding round co-led by Founder Group and 01A.
Societe Generale to acquire PayXpert for payment solutions
Societe Generale has entered into an agreement to acquire a majority stake in the FinTech PayXpert to strengthen payment solutions in Europe for retail and online merchants.
Should individuals be banned from acting as central counterparties?
European Securities and Markets Authority (ESMA) has looked into whether or not individuals should be allowed to act at central counterparties (CCP).
Cyberpion nets $27m in early-stage funding
Cyberpion, an attack surface management specialist, has raked in $27m from a Series A funding round led by U.S Venture Partners.
UK financial regulators team to conduct payment systems review
Four financial regulators in the UK have a Memorandum of Understanding (MoU) that sets out the framework the authorities use to cooperate in relation to UK payment systems.
Australian InsurTech Open teams with Bupa for auto insurance
Australian digital insurance company Open has signed a partnership with Bupa, an international healthcare group,
Radian closes $353m mortgage insurance-linked notes transaction
Radian has bagged $353m in fully collateralised excess of loss reinsurance coverage through a transaction with Eagle Re 2023-1 Ltd.
Cybersecurity firm Portnox snaps up $22m Series A
Endpoint security solution provider Portnox has bagged $22m from a Series A round of growth financing.
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