Resistant AI said to close $2.75m round
Automated anti-fraud platform Resistant AI has reportedly scored $2.75m in its seed round to support product development.
Cybersecurity platform Secret Double Octopus secures $15m in round
Passwordless authentication platform Secret Double Octopus has secured $15m in its Series B round.
Why do financial firms still get data laws wrong?
Nine out of ten financial services firms struggle to comply with data privacy laws. However, this has presented RegTech companies with new opportunities.
Abu Dhabi launches three RegTech pilots
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has launched three RegTech pilots, in a bid to bolster compliance and risk management outcomes.
Rapid7 acquires DivvyCloud Corporation in $145m deal
Cybersecurity company Rapid7 has revealed that it is buying DivvyCloud Corporation, a leader in cloud security posture management, in a $145m deal.
BlackRock injects additional funds into cybersecurity portfolio company
BlackRock Private Equity Partners has injected additional capital into its portfolio company Cofense, an intelligent phishing defence developer.
Why is it important to think about ethical AI?
Many RegTech solutions have artificial intelligence at the core of their solutions, but the founder of Ascent has warned that they need to be aware of the ethical pitfalls using the technology can entail.
CipherTrace releases new tool to help with cryptocurrency compliance
CipherTrace has released its new Armada solution which will help banks and financial institutions to meet AML compliance with cryptocurrency.
The new tool helps to...
CyberOwl said to raise £1.8m in funding to support move into new vertical
Cybersecurity platform CyberOwl has reportedly raised £1.8m in a funding round as it looks to move into the maritime industry.
US small businesses see rise in email scams
US small businesses are seeing a rise in the number of suspicious emails they are receiving, according to a report from HSB, a speciality insurance division on Munich Re.
