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 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.