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Deal Updates

CloudCheckr closes $15m deal to drive innovation

The cloud management company CloudCheckr that enables customers to ensure their infrastructure is compliant with regulations have raised $15m.

Desjardins Group puts CAD $70m aside for data breach expenses

Desjardins Group, a Canadian financial services provider, has set aside CAD $70M ($52m) for expenses resulted from its data privacy breach.

FinCEN director says casinos play a key role in fighting financial crimes

The Financial Crimes Enforcement Network’s (FinCEN) director Kenneth A. Blanco believes casinos have a key role to play when it comes to preventing financial crimes.

Drawbridge Partners has released new automated cybersecurity management tool

Drawbridge Partners, a cybersecurity firm for hedge fund and private equity managers, has released a new automated management platform.

UK advertising watchdog upholds complaints against BitMEX for Bitcoin ad

BitMEX, the crypto derivatives exchange platform, has faced complaints regarding an ad. The British Advertising Standards Authority (ASA) has now upheld the complaints, barring the business from using the ad again.
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A standardized API would help ease PSD2 compliance burdens

As the deadline for PSD2 looms and financial services frantically try to get systems ready, application programming interface (API) standardisation would ease challenges, according to a panel at the Global RegTech Summit 2019.

German FinTech N26 has moved to appease regulators after a smattering of negative headlines

Online bank N26 plans to list on the stock exchange within five years. But first the German scaleup is moving towards appeasing the country’s regulators.

SYNNEX adds cybersecurity tools through Sophos

SYNNEX, a business process services company, has added to its cybersecurity capabilities through the addition of Sophos.

Bloomberg has acquired RegTek.Solutions to boost its RegTech reporting services

The media company Bloomberg announced on Tuesday August 13 that it had acquired RegTek.Solutions, a provider of regulatory reporting software solutions.

ASB Bank invest in blockchain startup TradeWindow to create a trading platform safe from...

New Zealand’s ASB Bank has invested in early-stage blockchain company TradeWindow, according to reports.

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