Companies spending more on cybersecurity to combat threats, report finds
A report conducted across the US, UK and mainland Europe has found many firms are spending more on cybersecurity to combat growing threats in cyberspace.
UK passes bill aimed at protecting against harmful foreign investments
The UK government has passed a bill that would give it the ability to intervene in foreign direct investments that could negatively impact the country.
Threat detection startup Vectra AI enters the unicorn club after latest cash injection
San Jose-based threat detection and response company Vectra AI raised $130m in a funding round that valued the company at $1.2bn.
The round, which brought...
MAS launches RegTech and digital schemes, commits S$42m to boost adoption
The Monetary Authority of Singapore (MAS) has introduced a RegTech grant scheme and an enhanced digital acceleration grant (DAG) program to boost tech use in the financial sector.
Stripe eyes bolstered internet firm tax compliance through TaxJar purchase
Payments giant Stripe has entered into an agreement to purchase sales tax software enterprise TaxJar to improve tax compliance rates for internet firms.
Why trade and communication surveillance is of growing importance in today’s market
Hybrid and remote working models are making surveillance more critical than ever, but implementing a solution is not always easy.
FCA publishes proposals to bolster financial promotion rules for high-risk investments
The UK’s Financial Conduct Authority has published proposals to bolster its financial promotion rules for high-risk investments in a bid to help retail investors make better decisions.
The European Banking Authority proposes changes to liquidity reporting
The European Banking Authority (EBA) has launched a public consultation on how to improve proportionality in liquidity reporting.
BAE survey details steep hike in cybercrime during pandemic
A BAE Systems survey has found nearly three-quarters of financial organisations have experienced a rise in cybercrime since the beginning of the Covid-19 pandemic.
Ecommerce fraud losses of $20bn expected in 2021, China to be key fraud market
A new study by Juniper Research has highlighted it expects over $20bn in ecommerce losses this year due to online payment fraud – a rise of 18% compared to 2020.
