HSBC buys Silicon Valley Bank UK for £1 to help UK startups
Following the collapse of Silicon Valley Bank (SVB), UK financial institution major HSBC has reportedly acquired Silicon Valley Bank UK (SVB UK) for £1.
Veracode expands application security horizon with Longbow Security acquisition
Veracode has announced its acquisition of Longbow Security, a pioneer in security risk management for cloud-native environments.
ValueMomentum supports Pekin Insurance expansion in Utah
ValueMomentum, a provider of IT services and solutions for insurers, has partnered with Pekin Insurance to roll-out a commercial lines offering in a new state.
Wolters Kluwer unveils OneSumX Reg Manager for community banks and credit unions
Wolters Kluwer Compliance Solutions has recently expanded its portfolio with the launch of OneSumX Reg Manager.
TTV Capital closes its largest ever fund at $250m
TTV Capital, an early-stage FinTech venture capital firm, has closed its sixth fund at $250m to invest in early-stage FinTech companies.
New legal expense insurance for digital asset theft unveiled by M2 Recovery
M2 Recovery, a prominent InsurTech firm, has recently unveiled a novel insurance product specifically designed to address the legal expenses associated with the recovery of stolen digital assets.
Losses from natural disasters continue to rise, Swiss Re says
Swiss Re has reported that natural disasters resulted global economic losses of $275bn in 2022, of which $125 billion were covered by insurance, reaffirming a trend of 5-7% annual increases.
Ensuring efficiency and security in legal document management
For legal enterprises, transitioning from traditional paper-based document management to digital workflows is key to remain competitive.
Right-Hand Cybersecurity lands $5m in Series A raise
Right-Hand Cybersecurity, a firm focused on human risk management for cybersecurity, has scored $5m in a Series A funding round.
SilverSky secures funding to bolster its global Managed xDR strategy
SilverSky, a pioneering cybersecurity firm offering managed extended detection and response (MxDR) services, recently announced the completion of a funding round with its current investment partners.
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