Bank of America reportedly agrees to settle in overdraft fees case
Bank of America has reportedly agreed to pay $75m in the settlement of a lawsuit, which accuses the bank of extracting overdraft fees it didn’t earn from customers with savings and checking accounts.
Santander UK and NatWest back RegTech Ideagen in £100m round
Regulatory and compliance software provider for regulated industries Ideagen secured £100m through a new committed credit facility of £75m, with a further uncommitted of up to £25m.
Stripe acquires fraud prevention expertise with Bouncer purchase
Payments juggernaut Stripe has acquired card authentication technology company Bouncer for an undisclosed amount.
AXA suffers ransomware attack following ransom payments support removal
Insurance juggernaut AXA has suffered a cyberattack that saw it lose 3 terabytes (TB) of sensitive data from its Asian operations.
Verizon report finds 85% of data breaches in 2020 involved human interaction
A report by Verizon has found that over 85% of data attacks in 2020 involved some form of human interaction.
N26 under BaFin scanner for inadequate measures against money laundering
German financial regulator BaFin has ordered challenger bank N26 Bank to implement appropriate controls and safeguards to prevent money laundering and terrorist financing.
BluBracket to expand go-to-market activities following $12m Series A
US enterprise security firm BluBracket has closed a $12m Series A round led by Evolution Equity Partners.
UK Foreign Secretary calls on Russia to do more against state-backed cybercrime
The UK Foreign Secretary Dominic Raab has said Russia must do more to tackle cybercriminals operating from within their national borders.
Biden signs cybersecurity executive order in wake of pipeline hack
President Joe Biden has signed an executive order aimed at bolstering US cybersecurity defences following the Colonial Pipeline.
Jamf to bring zero trust to Apple following Wandera purchase
US enterprise management software company Jamf is set to acquire zero-trust cloud security firm Wandera for $400m in cash.
