Does the FinTech industry have a compliance problem?
A recent blogpost by Sigma Ratings has detailed how the FinTech industry is facing heightened scrutiny from regulators as issues around compliance comes to the forefront.
UK micro businesses suffering high cost of cybersecurity breaches, GoDaddy reveals
Over a third of UK microbusinesses in the last year have been affected by cyber security incidents, costing them an estimated £166m collectively, according to research from GoDaddy.
New EU legislation set to provide more independence to national regulators
The European Commission has proposed legislative changes that would ensure national regulators have a more independent role in their supervision of the financial industry.
PlainID secures $75m from Insight Partners-led Series C
Cybersecurity firm PlainID has raised $75m from a Series C funding haul headed by US VC and private equity company Insight Partners.
US unveils federal zero trust strategy to solidify cybersecurity standards
The White House has released its federal zero trust strategy, which will require agencies to meet certain cybersecurity standards and objectives by the end of fiscal 2024.
Over 90% of European FinTechs to use AI-risk decisioning to beat fraud
Over 90% of European FinTech companies plan to adopt AI-enabled risk decisioning to combat fraud, according to a study by risk decisioning software developer Provenir.
Why firms should care about the EU Digital Identity
The EU Digital Identity Wallet is an initiative under the European Commission and aims to create a unified digital identification system across Europe.
What financial institutions need to know about GTOs
Geographic Targeting Orders (GTOs) were recently reissued by FinCEN and could pose regulatory requirements to banks. But what do they need to know?
Quantifind unveils AI-driven risk discovery tool to revolutionise threat assessment
Palo Alto-based company, Quantifind, known for providing AI-powered risk intelligence automation to the world's foremost organisations, has unveiled its ground-breaking AI solution designed to enhance the proactive screening for potential threats.
Court approves seize of $30m in assets from Vesttoo co-founders & execs
The Tel Aviv District Court has approved the seize of a total of NIS $30m from the ousted Vesttoo co-founders Yaniv Bertele and Alon Lifshitz.
© FinTech Global © Copyright 2024. All rights reserved.
