Identification/Background checks

US hacker pleads guilty to selling healthcare employee data on dark web

A dark web hacker has pleaded guilty to stealing information from 65,000 employees of the University of Pittsburgh Medical Center (UPMC).

Tessian looks toward acceleration following $65m Series C

UK security company Tessian has closed a $65m Series C funding round led by March Capital.

ThetaRay unveils financial crime prevention tool for cross-border payments

Compliance technology provider ThetaRay has launched SONAR, a financial crime prevention solution for cross-border payments.

Microsoft releases test lab for simulated cyberattacks

Software giant Microsoft has released SimuLab, an open-source lab technology that will help its platform defences fight against real attack scenarios.

FCA extends SCA deadline to lessen consumer, merchant impact

The Financial Conduct Authority (FCA) has extended the introduction of strong customer authentication (SCA) rules till March 2022 to reduce disruption to consumers and merchants.

Ransomware DarkSide made $90m in ransom payments, blockchain firm finds

Blockchain analysis firm Elliptic has discovered the DarkSide ransomware variant made an estimated $90m in ransomware payments since October 2020.

ThreatLocker looks to expand global footprint following $20m Series B

US endpoint security provider ThreatLocker has closed a $20 Series B funding round led by venture capital firm Elephant.

ComplyAdvantage boosts market consolidation with $70m Series C

Financial crime detection firm ComplyAdvantage has secured $20m from Goldman Sachs Growth Equity through an extended Series C round.

FBI report finds staggering cybercrime complaint increase over 2020-2021

A report by the FBI’s Internet Crime Complaint Center (IC3) has found cybercrime complaints hiked by 100% over a 14-month period.

Modularbank, Veriff partner to bolster ID verification and KYC capabilities

Estonian core banking provider Modularbank has teamed with identity verification software company and compatriot Veriff to boost its compliance and know-your-customer (KYC) offering.

News Stories

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens AG, a frontrunner in technological innovations, has issued a new digital bond, reinforcing its position as a pioneer in the FinTech sector.
American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary, a trailblazer in post-quantum encryption technologies, has recently secured a strategic investment.
Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative, a leader in Web3 security solutions, has successfully secured a $16m Series A funding round.
The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) has officially launched the application phase for the eighth iteration of its esteemed Engine Innovator Programme, a pivotal accelerator designed to spur FinTech advancements within the investment management sphere.
Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut Business has announced that its global revenues now exceed $500m (£380m), alongside monthly transaction volumes of £17bn.

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