Institutional investors spend an average of $1.3m annually related to ESG data
Institutional investors are spending an average of $1.3m annually to collect, analyse and report climate data to inform their investment decisions, according to a study from ERM.
SEC proposes changes to ESG investment practices
The US Securities and Exchange Commission (SEC) has proposed changes to rules and reporting around environmental, social, and governance (ESG) investment practices.
Venture capital firm SYN closes $300m fund for cyber upstarts
SYN Ventures, a venture capital firm backing cybersecurity startups, has closed a $300m fund.
Broadcom set to snap up VMware in $61bn deal
Chipmaker Broadcom has agreed to acquire virtualisation firm VMware for approximately $61bn in cash and stock.
Why a contextual KYC approach can improve customer onboarding
The KYC and refresh process in financial services can often be heavily burdensome, complex and costly for companies, with processes still lacking up-to-date technologies.
The UK’s FCA discusses changes to companies listing in the UK
The UK’s Financial Conduct Authority has published a paper on potential reforms on how companies list in the UK, with the aim to attract more “high quality, growth companies and give investors greater opportunities.”
Twitter to pay $150m penalty for user privacy failures
Twitter will pay a $150m penalty due to allegations by federal regulations that the platform failed to protect the privacy of users’ data over a six-year span.
Xona Systems lands $7.2m in Series A haul
Xona Systems, a frictionless user access platform purpose-built for critical infrastructure, has scored $7.2m in Series A funding.
Tidelift bags $27m to tackle supply chain security challenges
TideLift, a company on a mission to deal with open-source supply chain health and security, has snared $27m from a Series C funding round.
How AI can bolster the RegTech onboarding process
The rise of AI is happening across the majority of industries globally. However, it is seeing particularly powerful growth across the RegTech industry right now.
