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Deal Updates

BetterCloud collects $75m in funding round led by private equity firm

BetterCloud, which helps businesses build and protect their cloud applications, has bagged $75m in a funding round led by private equity firm Warburg Pincus.

Source Defense secures $10.5m in its Series A+

Source Defense, a client-side web security platform, has scored $10.5m in its Series A+ round to meet rising market demands.

FCA measures to protect insurance policy holders reveal need to digitise insurance industry –...

INSTANDA's CEO has welcomed the Financial Conduct Authority's (FCA) measures to protect insurance customers, but argued that the COVID-19 crisis has highlighted the need for the industry to evolve.

Truework collects $30m in its Series B as it looks to help companies post-coronavirus

Truework, a consent-based identity platform, has collected $30m in its Series B round which was led by Activant Capital.

The State Bank of Pakistan permits NayaPay to launch pilot

NayaPay has picked up a licence to begin operations in Pakistan from the country's central bank.

A fifth of UK online shoppers has suffered an account takeover attack

It seems as if 20% of e-commerce shoppers have fallen victim to an account takeover attack in the last year, according to new research from Riskified, the payments and fraud-prevention solutions provider.

FRISS forms another partnership with an insurance firm

Fraud and risk solution developer FRISS has formed yet another partnership and will now provide its fraud detection services to German insurer DEVK.

ESMA urges companies to reveal how they have been affected by the coronavirus

The EU's Securities Markets regulator has called upon listed issuers to clearly outline in their half-yearly financial reports what implications COVID-19 has had on their businesses.

indó formally takes a stand against money laundering with new Lucinity partnership

In its mission to rebuild trust in the banking industry, Icelandic neobank indó has signed a partnership with Lucinity to bolster its anti-money laundering (AML) defences.

Security startup Confluera closes its Series B on $20m

Confluera, an autonomous detection and response platform for cyberattacks, has closed its Series B round on $20m.

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