Sector Updates

Strong Customer Authentication (SCA) has come into force in the UK today, almost a year after its original deadline passed.

PropTech platform Homesnap has closed a $14m Series B funding round led by Updata Partners.Other participants to the round included Moderne Ventures and individual...

Picus Security, a breach and attack simulation solution, has scored $5m in its Series A round.

Israeli mobile security behavioural biometrics startup SecuredTouch has closed an $8m Series A round.

PayPal will deposit $135m into financial institutions and management funds to help underserved communities of colour fight economic inequality.

Financial institutions play a pivotal role in preventing money laundering. Over the past 18 months, government bodies have frequently highlighted shell companies as significant red flags in anti-money laundering (AML) activities. Consequently, one must ask, is your institution actively identifying shell companies in its transactions? More importantly, can it detect shell companies with tangible sanctions and watchlist links?

Insurance broker Acrisure has acquired AI-powered insurance platform Tulco with the goal of starting the deployment of “InsurTech at scale.”

TNEDICCA, a provider of location-based traffic crash intelligence and predictive analytics for insurance pricing, has closed a $1.75m Series A funding round.

Australian insurance firm IAG has invested in Sydney-founded cybersecurity firm UpGuard $17m Series B round.

PropTech platform Reali has netted $20m for its Series B, which will support the development of its AI technology.