Specific exemptions in data sharing restrictions for AML would help combat occurrence rates
Data protection is great for society, but it can hinder a bank’s ability to detect and prevent money laundering, according to Markus Schulz, global head of Financial Crime Compliance Controls at Standard Charted Bank.
Energy derivatives FinTech provider AEGIS gets Baird Capital backing
Energy derivatives FinTech business AEGIS Energy Risk has picked up investment from US private equity house Baird Capital.
Big banks reinvest in Symphony Communications through new $165m round
Venture capital-backed secure messaging app Symphony Communications has brought its total capital raised to more than $460m thanks to a new round led by Standard Chartered and MUFG Innovation Partners.
FCA outlines new rules for the buy now, pay later market
The UK’s Financial Conduct Authority (FCA) has released new rules for the buy now, pay later (BNPL) market, to better protect consumers.
Whitepages Pro spins off its B2B identity verification business
Whitepages Pro, a digital identity verification data platform, is spinning off its B2B business to become Ekata.
CrowdStrike launches IPO of 18 million class A shares
AI-powered cybersecurity company CrowdStrike has held its IPO of 18 million shares of its Class A common stock.
Orca Security receives $6.5m in seed funding
Orca Security, an Israel-based cloud visibility platform, has received $6.5m in its seed funding round.
Cybersecurity training startup CybeReady closes $5m funding round
CybeReady, an autonomous cybersecurity training platform for enterprises, has collected $5m in its venture financing round.
KKR helps cybersecurity training, simulation business KnowBe 4 to $1bn valuation
Global private equity giant KKR has helped cybersecurity training and simulation business KnowBe4 to a $1bn valuation by leading the company’s latest investment round.
Digital asset security service Fireblocks closes $16m Series A
Fireblocks, a platform for securing digital assets in transit, has launched from stealth, marking it with the close of a $16m Series A.
