Company News

US regulator suggests $1m fine for Colonial Pipeline due to cyber failures

The US Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) has called on the Colonial Pipeline to receive a $1m fine.

BIS survey finds 9 out of 10 central banks are exploring CBDCs

A study by the Bank of International Settlements has found nine out of ten central banks are exploring the use of central bank digital currencies (CBDCs).

Digital car rental platform Getaround to go public

Getaround, a global digital car sharing marketplace, has entered into an agreement to go public via special purpose acquisition (SPAC) company InterPrivate II Acquisition.

CyberTech Material Security lands $100m to hit billion-dollar valuation

Material Security, a CyberTech that helps companies protect their emails, has scored $100m in new Series C funding.

VC firm YL Ventures closes $400m cyber investment fund

YL Ventures, a venture capital company that focuses on early-stage CyberTechs, has concluded a $400m fund aimed at support growing cyber firms.

Irish RegTech ID-Pal enters UK

Dublin-based identity verification platform ID-Pal has formally launched its service in the UK market.

Queen’s Speech outlines new protections to fraud victims

As part of the Queen’s Speech at the UK’s opening of parliament, a new Financial Services and Markets Bill was announced with new fraud protections for consumers.
Ayden

Ayden links with Tink on open banking payments

FinTech platform Ayden has partnered with open banking company Tink to bolster the offering of open banking-powered payments.

Why firms need internal audit technology

Ideagen, which develops GRC management solutions, has released a report offering an in-depth exploration of auditing software.

HCL Technologies to snap up WealthTech Confinale

HCL Technologies has signed a definitive agreement to acquire digital banking and wealth management consulting specialist Confinale for an undisclosed fee.

News Stories

Slow week for FinTech with $557m raised across 16 deals

Slow week for FinTech with $557m raised across 16 deals

The UK leads the way in a slow week for FinTech, with just 16 deals completed globally and a total of $557.5m raised.  In a...
Glia introduces online calculator for benchmarking customer interactions in finance

Glia introduces online calculator for benchmarking customer interactions in finance

Glia, a pioneering force in customer interaction technology, has unveiled its latest innovation—the Unified Interactions Index Online Calculator.
TrueLayer lands $50m boost to pioneer pay-by-bank innovation in Europe

TrueLayer lands $50m boost to pioneer pay-by-bank innovation in Europe

TrueLayer, recognised as Europe's premier pay-by-bank network, has recently completed a significant fundraising milestone by securing an additional $50m.
Standard Life and Raindrop launch revolutionary free pension tracing service

Standard Life and Raindrop launch revolutionary free pension tracing service

Paysend, a pioneering UK-based FinTech company, has launched a new remittance solution, Paysend Libre, aimed at bolstering financial inclusion across Northern Central America.
WTW bolsters UK wealth management influence with strategic stake in Atomos

WTW bolsters UK wealth management influence with strategic stake in Atomos

WTW has announced its acquisition of a stake in Atomos, a prominent, advice-led wealth manager operating in the UK.

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