A resurgence in deals under $1m in Q1 2020 fuels new wave of innovation...
As the global CyberTech industry matured, the share for deals valued at $50m and over increased from 1.1% in 2016 to 12.9% in 2019.
FCA orders Wirecard UK to cease all activity as the scandal moves into second...
The collapse of German payment giant Wirecard has taken another turn as the UK's Financial Conduct Authority (FCA) has ordered the FinTech's British branch to cease all regulated activities.
Almost half of UK businesses’ cybersecurity unprepared for sustained remote working
Remote working has become the norm for many professionals since the outbreak of Covid-19, but many businesses' digital defences are not prepared for their employees working from home for long.
SQream closes its Series B+ funding round on $39.4m
Data analytics platform SQream has closed its Series B+ round on $39.4m, with Mangrove Capital Partners and Schusterman Family Investments leading the round.
The amount of new vulnerabilities identified in open source packages drops
The number of new vulnerabilities in open source packages was down by 20% compared to last year, suggesting cybersecurity efforts are progressing, according to a report from developer-first security platform Synk.
Immuta secures $40m in its funding round led by Intel Capital
Immuta, an automated data governance platform, has closed its latest funding round on $40m, with its goal of growing its position in the market.
Wirecard has gone bust after scandal saw the FinTech unable to account for $2.1bn
FinTech Wirecard has filed for insolvency after a week of turmoil that saw it unable to account for a $2.1bn hole in its balance sheet and its former CEO being arrested on fraud allegations.
How are AML procedures in financial institutions being impacted by the Covid-19 pandemic?
With the chaos the coronavirus has put the world in, it’s easy for certain things to slip under the radar, the problem is these can be just as damaging to the business as the pandemic.
CardWorks and Ally Financial pull the plug on merger because of Covid-19
Back in February, technology-enabled finance lender and compliance solution CardWorks announced it would be acquired by digital financial services firm Ally Financial. However, now those plans have been cancelled.
Brazil’s central bank halts WhatsApp’s payment rollout
WhatsApp rolled out its mobile payment services in Brazil last week, but has already been suspended by the central bank.
