Most firms see their KYC processes as mediocre at best
The majority of organisations see the digital sophistication of their KYC approach as mediocre or poor, according to new research from Moody’s Analytics.
Island bags $60m for its enterprise browser
Island, which has built an enterprise browser that boosts online security and compliance, has closed a $60m extension to its Series B round.
MEPs approve new stricter cybersecurity rules
New rules requiring EU countries to meet stricter supervisory and enforcement measures as well as harmonising sanctions have been approved by MEPs.
Research paper outlines legal authority for bank use of stablecoins
The Clearing House has released a research paper that analyses the legal authority and policy considerations for banks’ engagement in stablecoin-related activities.
Veriti arises from stealth with $18.5m
Veriti, a security posture management company, has emerged from a period of stealth with $18.5m raised in two funding rounds.
Why cyber risk is a core part of ESG
As COP27 takes place, it is a reminder of how interweaved ESG will be in the future of the financial marketplace. KYND, a cyber risk technology developer, has released a report exploring the unsung hero of ESG – cyber risk.
CyberTech Wib bags $16m to accelerate growth
Wib, a cybersecurity firm focused on API security, has landed $16m in a funding round led by Koch Disruptive Technologies.
Lab 1 rakes in £1m from funding raise
Lab 1, a UK-based firm focused on cyber intelligence, has bagged £1m in a recent investment raise.
TRM Labs bags $70m to help stop crypto-related fraud
TRM Labs, a blockchain intelligence detecting crypto-related fraud and financial crime, has raised $70m for its Series B funding round.
BNPL chiefs could face two years in jail for using loophole, FCA warns
The Financial Conduct Authority (FCA) has said buy now, pay later heads could face up to two years in jail if they fail to tow the line on financial promotion rules.
