RegTech

With the ever-changing regulatory framework and the proliferation of threats, every business – irrespective of the sector it is in - needs effective and updated policies and procedures. To ensure policy management, it is key to embed the culture of compliance within the organisation.

Israeli device protection and management firm NanoLock Security has raised $11m from a Series B funding round.

The European Commission has announced plans to create a new Anti-Money Laundering Authority (AMLA) following a flurry of recent financial crime scandals.

Data and analytics software company Quantexa has introduced the latest updated version of its contextual monitoring and investigations solution Quantexa Syneo

Cybersecurity firm ZeroFOX Inc. acquired dark web intelligence research firm Vigilante ATI Inc. for an undisclosed sum.

A report by GlobalData has found the cyber insurance industry is predicted to exceed a $20bn gross written premium (GWP) value by 2025.

Norwegian digital identity firm Signicat has purchased identity software specialist Electronic IDentification (eID) for an undisclosed fee.

Blockpit, which offers tax reporting and portfolio tracking services for cryptocurrency, has scored $10m in its Series A.

KYC Portal has deployed its compliance tools into ARIE Finance to accelerate the onboarding of corporate clients, whilst meeting global regulatory compliance.

US White House Press Secretary Jen Psaki has warned the Russian government that the US will take action against cybercriminal groups if the Russian government fails to do so.