FS-ISAC teams with EC3 to combat cybercrime in Europe
The Financial Services Information Sharing and Analysis Center (FS-ISAC) is teaming up with Europol’s European Cybercrime Centre (EC3) to combat cybercrime within Europe’s financial services sector.
Fraud detection company Advance.ai raises $80m in new funding round
The Singapore-based fraud detection startup Advance.ai has closed a $80m funding round led by private equity investor Pavilion Capital and venture firm Gaorong Capital.
London-based cybersecurity startup Red Sift raise $8.8m Series A round led by MMC Ventures
Red Sift, the cognitive data platform that provides cloud-based email security solutions, has closed a $8.8m Series A investment round
Cybersecurity firm Cytegic launches insurance unit
Cytegic, a company specializing in quantifying cyber risk at scale, has announced the launch of a new insurance unit.
Financial services have been slammed by more GDPR fines than any other industry
The EU’s General Data Protection Regulation (GDPR) has been in force for over a year. During that time, financial services businesses have incurred the bulk of the fines from the law.
Background checking scaleup Checkr lands $2.2bn valuation following $160m funding round
Checkr, the company conducting background checks on gig economy workers, has just announced the closure of a $160m equity funding round.
The biggest challenges giving the RegTech sector a headache right now
From getting accurate data to responding to new regulatory challenges, there are plenty of opportunities and obstacles to overcome for RegTech innovators.
How MiFID II is already saving investors millions
The UK's Financial Conduct Authority (FCA) has published multi-firm review findings indicating the Markets in Financial Instruments Directive’s (MiFID II) has improved asset managers’ accountability over costs, saving investors millions.
What does it take to develop a RegTech solution to help businesses comply with...
MAP FinTech’s new product helps businesses deal with the EU’s complicated Markets in Financial Instruments Directive (MiFID II). However, developing it was far from...
Barclaycard’s early data finds that SCA has not had any bad impact, yet
The new strong customer authentication (SCA) rules snapped into force this weekend. However, Barclaycards has so far not seen any an increase of abandoned transactions or declined payments.
