Verafin raises CAD $515m in a mixture of equity and debt recapitalization
Verafin, a financial crime management software company, has collected CAD $515m ($388m) in a mix of equity and debt recapitalization.
AntWorks and EvoluteIQ partner up to automate banks’ transition of interest reference rates
London-based intelligent automation venture EvoluteIQ has teamed up with AntWorks, the AI and automation company, to create an automation solution for banks and financial services.
CyberFortress bags $3m to help boost cyber insurance cover for SMEs
CyberFortress, an insurance platform protecting e-commerce companies from cyber threats, has bagged $3m in a seed round.
ECB top: “Libra has undoubtedly been a wakeup call for central banks and policymakers”
Benoît Cœuré, executive board member of the European Central Bank, has told the German Bundestag that stablecoins like Facebook’s Libra initiative come with both risks and opportunities.
Identity platform Axuall collects $3m in seed funding
Axuall, a digital network for verifying identity, credentials, and authenticity in real-time, has collected $3m in seed funding.
Dutch bank ABN Amro investigated for alleged money laundering
Having anti-money laundering procedures in place have become increasingly important over the past few years. However, it seems ABN Amro may have failed in this regard.
Kik shuts down its messaging app amidst a SEC cryptocurrency lawsuit
Canadian messaging app Kik is closing so that the company can focus on its cryptocurrency Kin, which is front and centre of a US Securities and Exchange Commission (SEC) lawsuit.
InsurTech and risk analytics startup Arceo.ai closes $37m funding round led by Lightspeed Venture...
Arceo.ai, the cyber risk analytics and insurance platform provider, has secured $37m to keep bridging the gap between cybersecurity and insurance.
Cowbell Cyber raises $3.3m in seed funding
Cowbell Cyber, an AI-powered cyber insurance for small and mid-sized enterprises, has collected $3.3m in its seed funding round.
OneLogin launches new cybersecurity solution Shield to defend against breaches caused by bad password...
Cybersecurity company OneLogin has introduced Shield, its latest addition to its digital defence portfolio.
