Anti-Fraud

Supply chain security firm Scribe bags $7m seed funding

Software supply chain security company Scribe Security has raised $7m from a seed funding round headed by Elron Ventures.

Jumio raises $150m to grow its digital ID verification service

Digital ID provider Jumio secured $150m from private equity firm Great Hill Partners.

Latin America and teen-focused FinTech services are coming of age as the industry closes...

Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.

Afero to invest in stronger IoT security following $50m Series C

IoT device communication security firm Afero has raised $50m in a Series C funding to double its total raised since inception to $100m.
Bankjoy has announced an exciting partnership with Fraud.net in a bid to bring real-time fraud prevention technology to the forefront.

Bankjoy partners with Fraud.net to offer real-time fraud prevention

Bankjoy has announced an exciting partnership with Fraud.net in a bid to bring real-time fraud prevention technology to the forefront.

Account takeover fraud surges as consumers prepare for the holidays

The number of account takeover (ATO) fraud attacks have soared by 282% over the past year, according to new research from Sift.

MAP FinTech launches new Market Abuse Trade Surveillance Solution on its Polaris platform

RegTech company MAP FinTech has unveiled its latest offering to help businesses comply with market abuse regulations.

Global expansion is the watchword as Picus Security secures $24m Series B

Breach and attack simulation solution Picus Security has closed a $24m Series B funding round led by investment firm Turkven.

FCA to team with BofE to develop blockchain-based regulatory reporting initiative

The Financial Conduct Authority (FCA) is teaming with the Bank of England (BofE) to launch a blockchain-based regulatory reporting solution to tackle rising compliance costs.

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.

News Stories

Monzo

Monzo secures $190m investment and hits $610m funding milestone

UK-based digital bank Monzo has successfully secured an additional $190m in funding, bringing its total funding to an impressive $610m.

AI-powered Panax raises $15m to reshape cash flow management

Panax, an innovative FinTech, has successfully raised $15 million in its latest funding round. The investment was led by Team8 and TLV Partners.
Innovate

AI investment solutions innovator Stratiphy secures £1m grant

Stratiphy, a technology firm specializing in investment strategy building, has secured a grant of £1 million from Innovate UK for its consortium.
Unum Group, a prominent provider of financial protection benefits, has launched Unum Pet Insurance to round out its financial benefits coverage for employees and their families.

Unum Group unveils new pet insurance offering

Unum Group, a prominent provider of financial protection benefits, has launched Unum Pet Insurance to respond to a growing demand for comprehensive coverage extending beyond traditional employee benefits.
London-based InsurTech firm Eleos has successfully raised $4m in a seed funding round, as it eyes an expansion into the US market. 

London-based InsurTech Eleos raises $4m to propel US expansion plans

London-based InsurTech firm Eleos has successfully raised $4m in a seed funding round, as it eyes an expansion into the US market. 

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