New CyberTech launches out of stealth
Island is a new cybersecurity platform that launched from stealth with $100m in funding.
Device security firm Forescout snaps up CyberMDX
Forescout Technologies, a device security company, has acquired healthcare cybersecurity business CyberMDX for an undisclosed fee.
Could a digital identity framework deepen financial exclusion?
The UK government recently conducted a consultation on the introduction of a common digital identity framework. However, recent research conducted by RegTech firm PassFort has found a lack of understanding among respondents as to what the framework is and what it means for them.
Why dynamic risk assessments are a must for AML/KYC
As pressures continue to rise for financial institutions to meet mounting anti-fraud regulatory requirements, dynamic risk assessments will become more vital.
UK’s CMA warns Monzo over banking order breach
The UK’s Competition and Markets Authority (CMA) has warned Monzo over a breach of retail banking regulations.
EBA unveils new central database for AML and CFT
The European Banking Authority (EBA) has launched EuReCA, a new central database for anti-money laundering and counter-terrorism financing.
FCC revokes Chinese telecom provider licence due to security risks
The Federal Communications Commission (FCC) has revoked China Unicom Americas’ licence due to ‘serious national security concerns’.
Americans lost $770m from social media scams in 2021
Reports received by the Federal Trade Commission have found US citizens were scammed to the tune of $770m through social media cons during 2021.
Why ironclad security is vital for any financial super app
In an age where the proliferation of financial mobile applications in increasing on a huge scale, the rise of financial ‘super apps’ may seem the logical conclusion of such a rise.
ESMA issues consultation on MIFID II suitability guidelines
The European Securities and Markets Authority (ESMA) has issued a consultation on aspects of suitability requirements under the Markets in Financial Instruments Directive (MiFID II).
