Wiz acquires Dazz in a $450m deal to enhance cybersecurity offerings
Wiz, a provider of cloud environment security, acquires Dazz, a cybersecurity startup specializing in identifying code vulnerabilities.
CFPB expands oversight to major digital payment firms
The CFPB has finalized a rule that mandates federal oversight for the largest nonbank entities involved in digital payments, impacting those handling more than 50m transactions annually.
Babel Street, IMTF unite to set new standards in international compliance technologies
Babel Street and IMTF, two leaders in regulatory technology, have announced a strategic partnership that introduces advanced multi-lingual name screening capabilities within IMTF's SironOne platform.
Anitian raises $7m Series D funding to drive AI-powered compliance innovation
Anitian, a leading provider of compliance automation solutions, has closed a $7m Series D funding round, strengthening its position in the RegTech sector.
Data security leader Cyera secures $300m Series D, hitting $3bn valuation
Cyera, a leader in AI-driven data security, has raised $300m in its Series D funding round, achieving a valuation of $3bn.
EU greenlights new ESG regulation to fortify investor trust
The Council of the European Union has endorsed a significant regulation aimed at enhancing the transparency, consistency, and comparability of ESG ratings.
KPMG invests $100m to expand Google Cloud partnership for cybersecurity solutions
KPMG has expanded its alliance with Google Cloud, investing $100m to advance generative AI, data analytics, and cybersecurity solutions for Fortune 500 companies and...
UK government proposes critical regulations for ESG ratings
The UK government has announced plans to regulate ESG ratings providers as part of its strategy to enhance transparency and maintain robust oversight in the rapidly expanding sustainable finance sector.
ACI Worldwide forecasts large $7.6bn rise in APP scam losses by 2028
ACI Worldwide has published its 2024 Scamscope report in collaboration with GlobalData, a foremost data and analytics firm.
Harnessing the power of machine learning in banking fraud detection
ML has revolutionized how banks detect and prevent fraud, employing algorithms to analyze vast amounts of transaction data and spot unusual patterns that may indicate fraudulent activity.