Identification/Background checks

US set to sanction crypto wallets and exchanges in ransomware crackdown

The Biden Administration is expected to begin issuing sanctions against crypto exchanges, wallets and traders used by ransomware groups to crackdown on cyberattacks.

Zūm Rails unveils new anti-fraud tools to strengthen payment security

Open banking firm Zūm Rails has introduced a new set of anti-fraud tools to bolster the security of its Instant Deposit feature on its platform.

Entersekt releases new FIDO authentication tool

Entersekt, which has built a mobile-based authentication and app security software, has enabled FIDO authentication on its platform.

TransUnion to bolster identity capabilities in $3.1bn acquisition

TransUnion, which claims to foster trust between consumers and organisations, has stepped up its efforts around identification verification with $3.1bn acquisition of Neustar.

South Africa’s Justice Department suffers significant ransomware hack

The global spread of ransomware attacks has continued after South Africa’s Justice Department saw its network encrypted.

Persona becomes the latest RegTech unicorn following Series C close

Identity infrastructure company Persona is the latest RegTech company to join the coveted unicorn status, after its Series C puts its valuation at $1.5bn.

Almost half of on-premises databases worldwide vulnerable to attacks

A five-year study by cybersecurity firm Imperva has found up to 46% on-premises databases globally contain at least one vulnerability that could expose them to attacks.

REvil ransomware group returns following short period offline

The REvil ransomware gang – also known as Sodinokibi – has fully returned following a period in the darkness since July this year.

LGBTQ+ community being targeted for extortion on dating apps, US FTC warns

The US Federal Trade Commission (FTC) has warned that extortion scammers are targeting the LGBTQ+ community through dating apps such as Feeld and Grindr.

Tenable set to acquire security firm Accurics for $160m

Cyber exposure firm Tenable is planning to purchase cloud-native security company Accurics for a total fee of $160m.

News Stories

Experian and Paylink unveil debt consolidation solution to boost financial accessibility

Experian and Paylink unveil debt consolidation solution to boost financial accessibility

Experian, a global leader in consumer and business credit reporting and marketing services, partners with Paylink, a forefront provider of affordability software and payments solutions.
Mitigram and Fides join forces to revolutionise global trade finance

Mitigram and Fides join forces to revolutionise global trade finance

Mitigram, a global leader in digital trade finance, has announced a strategic partnership with Fides, the industry-leading provider of multibank connectivity solutions.
Approveit secures $1m in funding to enhance its payment automation software

Approveit secures $1m in funding to enhance its payment automation software

Approveit, an operations and automation platform for businesses, has successfully raised $1m.
Validus partners with HSBC for $50m facility to boost SME lending in Indonesia

Validus partners with HSBC for $50m facility to boost SME lending in Indonesia

Validus, headquartered in Singapore, has announced a new partnership with HSBC, establishing a $50m debt facility aimed at bolstering financial inclusion for micro, small, and medium enterprises (MSMEs) in Indonesia.
BillEase secures Series C funding led by TPG's The Rise Fund to enhance Filipino financial inclusion

BillEase secures Series C funding led by TPG’s The Rise Fund to enhance Filipino...

BillEase, a digital consumer finance platform in the Philippines, has announced a significant milestone in its growth trajectory.

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