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Nearly half of UK consumers likely to abandon multi-step authentication processes – Forter claims

Nearly half of UK consumers are likely to abandon future purchases if they are faced with a multi-step authentication process, a study from Forter claims.

Margrethe Vestager flags for potentially stricter EU data rules

Margrethe Vestager, the European commissioner for competition, is not slowing down and is now looking to create even stricter data rules.

New Australian senate committee launched to investigate FinTech and RegTech industries

The Australian senate is creating a select committee to examine issues like open banking as well as policy settings for the FinTech and RegTech sectors.

Kovrr secures $5.5m in financing to support global growth

Kovrr, a cyber risk modelling company, has secured $5.5m in a financing round which will foster the startup’s global growth.

The Swedish Financial Supervisory Authority grants neobank Northmill Swedish banking licence

Having nabbed a Swedish banking licence, neobank Nortmill is gearing up to add saving accounts, cards and payments transfer to its existing customer offering in the near future.

Cloud security company Lacework raises $42m in funding round

Lacework, a cloud security platform, has raised $42m in funding round Sutter Hill Ventures and Liberty Global Ventures.

Shape Security closes funding round which sees it join the unicorn club

Bot and online fraud mitigation platform Shape Security has raised $51m in a new growth funding round, which brings its valuation to $1bn.

C2A Security and NXP create cybersecurity solution for cars

C2A Security, an automotive cybersecurity company, has announced a comprehensive automotive security solution developed in collaboration with NXP, the microprocessor enterprise.

What can be done to boost diversity in RegTech?

Maria Scott, founder and CEO of TAINA Technologies, the RegTech startup, believes there is hope to boost diversity in the RegTech industry.

Ping Identity reveals IPO for the New York Stock Exchange

Ping Identity, an IT security and identity authentication platform, has revealed its initial public offering of its common stock on the New York Stock Exchange under the name PING.

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