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Deal Updates

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.

Microsoft: Companies worry more about cyber attacks but fewer think they can fight them

Business leaders worldwide are increasingly worrying about how cyber threats. However, fewer and fewer are bullish about their ability to protect against them.

New Click2Gov hack compromises 20,000 payment card records

Since August, 20,000 payment card records have been compromised in a new wave of hacks against the US bill-pay portal Click2Gov.

Risk management for insurance Daisy Intelligence collects $10m Series A

Daisy Intelligence, an AI-powered platform for retail and insurance, has collected $10m in its Series A financing list.

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.

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