RegTech

A study by CyberCube, AM Best and Aon has found a hidden cyber risk in the US property insurance market could trigger over $12.5bn in losses for the industry.

A survey by biometrics company Fingerprints has found there is a growing desire amongst French consumers for biometric payment cards.

The threat from cybercrime has never been greater. As a result, corporations and governments are increasingly turning to hackers i.e. white hats for help with the promise of cash rewards known as bug bounties. And experts suggest that it’s the best way to boost cybersecurity.

Microsoft have shared hackers sympathetic to Iranian national interests have been targeting US and Israeli defence technology and global maritime businesses.

FrankieOne, a dashboard that helps banks and FinTechs improve KYC and AML compliance, has reportedly raised $20m in its Series A round.

NatWest has pleaded guilty to money laundering failings amounting to £365m from UK-based jeweller Fowler Oldfield.

Japan’s Financial Services Agency (FSA) has revealed it intends to make climate disclosures mandatory for large Japanese companies from April next year.

A new initiative will allow US government contractors to be accountable in a civil court if they fail to report breaches or maintain required cybersecurity standards.

Virgin Money has introduced a new app focused on providing an assessment of a companies’ ESG impacts by measuring, tracking and offering guidance.

Sao Paulo-based company Gabriel has snagged $12m from a Series A funding round led by the SoftBank Latin America Fund.