CyberTech

Firms paid $10.4bn in fines over the last year for breaking money laundering, privacy...

The total volume of fines levied against firms for breaking money laundering, data privacy, MiFID and know your customer rules jumped by 141% and amounted to $10.4bn in total so far this year.

SmartStream expands global reach with cloud-native AI service launch

Transaction lifestyle management provider SmartStream Technologies has boosted its global footprint with the launch of SmartStream Air version 3.

Why Schwarzthal Tech is backing KYN to replace broken KYC

Founded in 2019, Schwarzthal Tech is a UK-based RegTech startup that is developing Wunderschild Know Your NetworkTM, an AI-driven platform that provides financial crime intelligence and speeds up the look-up process for beneficiaries. Two years into its existence, what is next for the company?

UK to invest £5bn in cyber unit to perform retaliatory cyberattacks

The UK will invest £5bn into the creation of a Cyber Force unit that will strike back on cyberattacks with retaliatory hacks.

Security education platform Curricula receives new investment

Cybersecurity education platform Curricula has raised $3m in a growth investment from RCP Equity which will help increase its sales and marketing efforts.

Why Avast CEO believes COVID-19 has been good for cybersecurity businesses

Anti-virus software company Avast has seen its shares surge since the spread of the coronavirus, which the company's boss thinks other cybersecurity will experience too.

24 FinTech funding rounds from the last week you should know about

From Stash’s $113m round to Okra collecting $1m in new investment, the last week has seen a smattering of FinTech companies raise money.
theom

Data security firm Theom pulls in $16m seed financing

Theom, a cloud data security firm, has closed a $16.4m seed funding round to widen its cloud data security solution.

CybSafe reels in £3.5m for cybersecurity offering

London-based cybersecurity software platform CybSafe has reeled in £3.5m ($4.6m) through its Series A funding round.

Cybersecurity platform XM Cybera closes $22m Series A

XM Cybera provider of automated APT simulation and remediation, has closed its Series A round on $22m.

News Stories

A staggering $1bn tranche secured by Wiz headlined this week's FinTech funding rounds, which topped out at a mammoth $1.448.8bn.

Staggering $1bn Wiz deal headlines this week’s FinTech funding rounds

A staggering $1bn tranche secured by Wiz headlined this week's FinTech funding rounds, which topped out at a mammoth $1.448.8bn.
Access Bank Group and Mastercard unite to revolutionise cross-border payments in Africa

Access Bank Group and Mastercard unite to revolutionise cross-border payments in Africa

Access Bank Group, a leading multinational bank, has partnered with Mastercard, a global technology company in the payment industry, to facilitate cross-border payments for African businesses and consumers.
Wells Fargo introduces the Signify Business Cash Mastercard

Wells Fargo introduces the Signify Business Cash Mastercard

Wells Fargo & Company today announced the introduction of the Signify Business Cash World Elite Mastercard, a new business credit card featuring top-tier cash rewards.
Tuum and TransactionLink unite to revolutionise FinTech onboarding

Tuum and TransactionLink unite to revolutionise FinTech onboarding

Tuum, a leader in next-generation core banking services, has teamed up with TransactionLink, which helps automate and orchestrate KYB/KYC processes.
Basware expands financial sccuracy with AP matching acquisition

Basware expands financial sccuracy with AP matching acquisition

Basware, a pioneering entity in AP automation and invoice processing, has recently acquired AP Matching, enhancing its position in the financial technology landscape.

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