Company News

New US bill requires ransomware victims to report payments within two days

A bill drafted by the US Senate and House of Representatives would require victims of ransomware attacks in the US to report any payments to hackers within 48 hours.
iA Financial Corporation is set to acquire Vericity in a significant all-cash transaction valued at approximately $170m.

iA Financial expands U.S. presence with $170m Vericity acquisition

iA Financial Corporation is set to acquire Vericity in a significant all-cash transaction valued at approximately $170m.
shell

Moody’s: UK tops global rankings for shell company risk

Moody's Analytics recently unveiled a concerning insight, with the UK emerging as the global hotspot for shell company-related risks.

The biggest mistakes financial firms make when collecting data

Getting big data right can help businesses make money and follow the law. So why do financial firms get it wrong?

Acrisure acquires QuickInsured to fuel digital sales growth

FinTech and global insurance broker Acrisure has acquired QuickInsured, a tech-enabled insurance agency.
Blackbaud

Blackbaud agrees to $49.5m settlement over massive data breach

Blackbaud, has settled claims amounting to $49.5m, brought forward by the attorneys general of 49 American states and Washington, D.C.
Heal

Heal Security secures $4.6m boost to strengthen healthcare cybersecurity

Heal Security, a Menlo Park, CA-based innovator in the cybersecurity domain, has successfully closed a funding round of $4.6m.

The FBI warns of a rise in coronavirus-related phishing fraud

Cyber criminals are increasingly trying to leverage people’s fear about the global pandemic to steal people’s money, the US Federal Bureau of Investigations warn.

Sella unveils metaverse finance accelerator

The Sella Group has launched the Metaverse 4 Finance Accelerator, a program aimed at identifying and support growth of startups in the metaverse sector.
Birake

IDVerse links with Birake Exchange for enhanced KYC measures

Birake Exchange has linked with IDVerse, the leading global digital ID verification firm previously recognised as OCR Labs Global.

News Stories

Experian and Paylink unveil debt consolidation solution to boost financial accessibility

Experian and Paylink unveil debt consolidation solution to boost financial accessibility

Experian, a global leader in consumer and business credit reporting and marketing services, partners with Paylink, a forefront provider of affordability software and payments solutions.
Mitigram and Fides join forces to revolutionise global trade finance

Mitigram and Fides join forces to revolutionise global trade finance

Mitigram, a global leader in digital trade finance, has announced a strategic partnership with Fides, the industry-leading provider of multibank connectivity solutions.
Approveit secures $1m in funding to enhance its payment automation software

Approveit secures $1m in funding to enhance its payment automation software

Approveit, an operations and automation platform for businesses, has successfully raised $1m.
Validus partners with HSBC for $50m facility to boost SME lending in Indonesia

Validus partners with HSBC for $50m facility to boost SME lending in Indonesia

Validus, headquartered in Singapore, has announced a new partnership with HSBC, establishing a $50m debt facility aimed at bolstering financial inclusion for micro, small, and medium enterprises (MSMEs) in Indonesia.
BillEase secures Series C funding led by TPG's The Rise Fund to enhance Filipino financial inclusion

BillEase secures Series C funding led by TPG’s The Rise Fund to enhance Filipino...

BillEase, a digital consumer finance platform in the Philippines, has announced a significant milestone in its growth trajectory.

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