Moody's
The European Commission has recently joined hands with Moody's Analytics to overhaul its anti-fraud operations.
FCA
The FCA has unveiled actions under the Consumer Duty rules, outlining a 14-point plan aimed at enhancing cash savings interest rates.
SEC
The SEC adopted new rules requiring public firms to disclose all cyber breaches that could affect their bottom lines within four days.
FinTech company Vesttoo has shockingly announced that it will be laying off 75% of its staff in wake of its fraud scandal. 
FinTech company Vesttoo has shockingly announced that it will be laying off 75% of its staff in wake of its fraud scandal. 
Klarna has scrapped its own eponymous banking brand Klarna Kosma after just under 18 months of operation. 
Klarna has scrapped its own eponymous banking brand Klarna Kosma after just under 18 months of operation. 
Priority Technology Holdings, a leading unified commerce platform that offers integrated payments and banking on a large scale, has successfully completed the acquisition of Plastiq, a prominent B2B payments company providing working capital solutions and automating accounts payable and receivable.
Consumer Duty
After over a year since it was announced, the Consumer Duty regulation has finally come into effect in the UK this week.
Cyber risk solution provider Silk Security launches with $12.5m
Silk Security, the first platform aimed at providing sustainable cyber risk resolution, has emerged from stealth mode.
Converge Insurance, a leading managing general agent (MGA) specialising in cyber risk management and underwriting, announced its successful raising of $15m in Series A funding.
Cyble, a burgeoning firm that brilliantly fuses cybersecurity with artificial intelligence (AI) to fashion state-of-the-art threat intelligence solutions, has announced a remarkable achievement in its latest funding round.

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