Company News

In today’s hyperconnected world, cyber insurance is no longer a luxury but a must-have for many businesses. KYND explores the challenges of managing cyber risks and what firms should be doing to protect themselves.

Tokio Marine Kiln (TMK), a specialist insurer, has launched an intellectual property abatement insurance for US-based SMEs.

US-based FinTech Altro, which aims to help people build credit, has raised $18m in a Series A funding round led by Pendulum Holdings.

Portfolio, an investment app based in Manchester, has raised £1.5m from a hugely successful crowdfunding campaign.

Buy now, pay later companies operating in Ireland will now need to be authorised by the Central Bank of Ireland, following an extension to the Consumer Protection Act 2022.

The European Parliament and the EU’s member states have agreed to implement stricter cybersecurity measures for entities that are in critical sectors.

Recognise Bank has revealed it will benefit from £8.7m in new capital following a recent round fundraising by the City of London Group, the former’s parent company.

Hong Kong police have arrested 17 people and broke apart a syndicate that has been laundering HK$97m over the past 16 months.

The Cyprus Securities and Exchange Commission (CySEC) has launched a new online beneficial ownership register with the aim of fighting money laundering.

The value of end-user spend on digital goods via carrier billing is expected to exceed $74bn by 2026, a significant increase from $54bn in 2022, according to a report from Juniper Research.