EU plans to introduce AML authority following financial crime uptick
The European Commission has announced plans to create a new Anti-Money Laundering Authority (AMLA) following a flurry of recent financial crime scandals.
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
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.
Cyber insurance market to exceed $20bn value by 2025, report finds
A report by GlobalData has found the cyber insurance industry is predicted to exceed a $20bn gross written premium (GWP) value by 2025.
Klarna under fire by Swedish watchdog for bank secrecy breach
Sweden's financial watchdog Finansinspektionen is investigating payments firm Klarna over a potential breach of banking secrecy laws in connection with an IT incident at the firm in May.
The 29 FinTech rounds raised last week prove that crypto firms and InsurTechs will...
The FinTech space continues to grow with no sign of slowing down and the 29 rounds raised week prove that, with cryptocurrency companies and InsurTechs being the leading sub-sectors.
Enterprise API security startup Noname Security inks $60m on the back of its Series...
Six months after emerging from stealth mode with $25m in funding, US-Israeli= based API security company Noname Security raised a $60m a Series B led by Insight Partners.
Orum nabs $56m in its Series B round
Orum, which has built a financial infrastructure platform, has netted $56m in its Series B round, which was co-led by Accel and Canapi Ventures.
FutureProof secures $3m to support companies assess financial risks of climate change
FutureProof, which helps financial services companies assess climate change risk, has secured $3m in funding
As Covid-19 lockdown restrictions ease, should FinTechs follow Deloitte’s remote working model?
As the Covid-19 vaccine is being rolled out across the globe, FinTech companies are torn between continuing the remote work strategy and switching back to the traditional form of working. But analysts opine the sector will evolve to a hybrid model.