Company News

Single-factor authentication is a bad cybersecurity practice, CISA warns

The Cybersecurity and Infrastructure Security Agency (CISA) has added single-factor authentication (SFA) to its list of bad cybersecurity practices that it advises against.

Utah based payment company Clicklease hauls in $63m in Series A Funding

UT-based FinTech company providing payment solutions in the commercial equipment space Clicklease raised $63m in Series A funding led by Sandlot Partners.

Government review finds key regulatory shortfalls in Australian payments system

A payments system review by the Australian government has detailed key regulatory issues in the country’s payment ecosystem.

Amazon to offer BNPL services to its US market through Affirm alliance

Global retail giant Amazon has partnered with buy now, pay later (BNPL) company Affirm to provide its US customers with a BNPL option at the checkout.

South Korea to curb Google, Apple commission dominance on in-app purchases

A South Korean parliamentary committee voted to amend a law toward banning Google and Apple from forcibly charging software developers commissions on in-app purchases, the first such curb by a major economy.

Challenger bank lending continues to climb with 11% uptick in 2020

Research by accountancy and advisory business BDO has found lending by challenger banks in 2020 reached a record high of £143bn – a hike of 11% on 2019.

Paradigm leads $8m Series A into DeFi lending company Euler

UK-based DeFi lending protocol organisation Euler raised $8m in Series A funding led by Paradigm.

Check Point set to bolster cloud security expertise with Avanan acquisition

Israeli cybersecurity firm Check Point Software Technologies has entered an agreement to buy cloud email security company Avanan for an undisclosed fee.

Square to launch a new paid subscription, Invoices Plus

Payment giant Square is expected to launch Invoices Plus, a paid subscription service that will include extra features such as those previously available with the free service.

PropTech Kocomo reels in $56m to expand business reach

Mexico City-based Kocomo has secured $56m in debt and equity funding from a round led by Vine Ventures and AIIVP.

News Stories

Northern Trust unveils carbon ecosystem for digital carbon credits

Northern Trust, a provider of wealth management solutions, has launched The Northern Trust Carbon Ecosystem.
AI

How the US Executive Order on AI sets the stage for future regulations

The recent executive order on AI issued by the Biden Administration has marked a significant stride in shaping the national AI landscape.

Mastercard acquires Recorded Future in $2.65bn deal

Mastercard has entered a deal to acquire Recorded Future from Insight Partners for $2.65bn, marking a enhancement to its cybersecurity capabilities.
How AI-powered automation is transforming regulatory lifecycle management

How AI-powered automation is transforming regulatory lifecycle management

The realm of regulatory compliance is intricate and dynamic, presenting a continuous challenge that is crucial to the operational strategies of financial institutions.
ComplyAdvantage

ComplyAdvantage welcomes Paul Kizakevich as new CRO

ComplyAdvantage, a financial crime intelligence firm, has recently announced the appointment of Paul Kizakevich as its new CRO.

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