Risk Management

Edinburgh-based SnapDragon Monitoring raised £1.2m in its latest funding round as the firm looks to help brand owners tackle fake products online.

US firm Kroll has introduced Kroll Business Connect, a new know-your-customer (KYC) tool to bolster the onboarding efficiency and KYC checks.

While BharatPe’s massive Series E round may have secured the most headlines last week, CyberTech ventures bagged the most capital injections.

Columbus OH-based connected device security company Finite State raised $30m in Series B funding led by Energize Ventures and with participation from Schneider Electric Ventures and Merlin Ventures.

As the pandemic rages on, crime and money laundering risks continue to evolve at a rapid pace in the commercial lending space. However, firms can mitigate these risks by applying advanced technologies and using a data-driven approach.

Washington, DC-based provider of DNS content filtering and threat protection solutions, DNSFilter closed a $30m series A funding round led by investment firm Insight Partners.

With the impending risk of climate change and its economic and financial impact, environmental sustainability has become a societal responsibility and business reality. However, more needs to be done for banks to incorporate sustainability into their business strategies.

FinTech companies continue to rake in millions of dollars with a slew of startups graduating to the unicorn club. The 42 ventures in the sector that topped up their accounts last week are proof of that.

Despite banks investing countless resources to counter cybercriminals, social engineering attacks and phishing schemes are still rampant. However, with OneSpan's Cronto transaction signing solution, banks can not only mitigate fraud risks but also boost user experience.

Cybereason, a US-Israeli late-stage cybersecurity startup that provides extended detection and response (XDR) services, has secured $275m in Series F funding.