Organisations spend around $1.7m each minute on combating cyber threats
There are around 648 cyber threats every minute and this crime costs organisations $1.7m each minute, according to a study from RiskIQ.
What are the money laundering and fraud concerns around electronic funds transfers?
As more and more people rely on cashless systems to move money around, there is a pressing need to understand how electronic funds transfers (EFTs) – specifically – wire transfers and automated clearing house (ACH) transfers – could be at risk from financial crime.
How investing in a robust policy management system can help organisations with compliance
With the ever-changing regulatory framework and the proliferation of threats, every business – irrespective of the sector it is in - needs effective and updated policies and procedures. To ensure policy management, it is key to embed the culture of compliance within the organisation.
Insurance firm Beneva teams up with FINEOS to scale its life and disability claims...
Canadian insurance company Beneva has entered into a partnership with systems provider for life, accident and health insurers FINEOS Corporation to leverage its SaaS technology for simplified claims management processes and improved customer service.
NanoLock Security eyes expanded footprint following $11m Series B
Israeli device protection and management firm NanoLock Security has raised $11m from a Series B funding round.
Quantexa unveils latest version of risk detection tool to aid financial crime fight
Data and analytics software company Quantexa has introduced the latest updated version of its contextual monitoring and investigations solution Quantexa Syneo
SiriusPoint backs InsurTech Joyn to transform underserved US SME market
Global insurer SiriusPoint has stepped up efforts to digitalise small and mid-market commercial insurance sector by investing in InsurTech Joyn Insurance.
Study anticipates over half of global population to use mobile wallets by 2025
A study by US mobile payments firm Boku gr has found that more than one in two people globally will use a mobile wallet by 2025.
r2c reels in $27m to scale its security-focused code analysis service
r2c, a startup building a SaaS service around the Semgrep open-source project, secured $27m in Series B funding, led by Felicis Ventures with participation from previous investors Redpoint Ventures and Sequoia Capital.
FinTech fidomoney unveils business account offering in UK market
York-based FinTech startup fidomoney has launched its business current account service to consumers in the UK.
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