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Deal Updates

ECJ

ECJ slaps down German data collection law

The European Court of Justice (ECJ) has ruled against a German law that requires telecoms companies to retain customer data.
FinTech

India and Singapore sign cross-border FinTech agreement

The Monetary Authority of Singapore (MAS) and the International Financial Services Centres (IFSCA) have signed a cooperation agreement to facilitate regulatory collaboration and partnership in FinTech.  
Digital-Village-brings-UN's-SDGs-metaverse

Digital Village brings UN’s SDGs to metaverse

Digital Village, a developer of Web3 technology, is bringing the United Nations Sustainable Development Goals (SDGs) to the metaverse through a new partnership.
Fortanix

Goldman Sachs backs CyberTech Fortanix in $90m Series C

Fortanix, a data-first multi-cloud security firm, has raised $90m from a Series C financing round headed by Goldman Sachs.
Identity verification platform iDenfy teams with VIAINVEST

Identity verification platform iDenfy teams with VIAINVEST

iDenfy will provide P2P lending platform VIAINVEST with its global identity verification and fraud prevention services to support compliance processes.
White House

White House establishes framework for digital assets

The White House has launched a framework for the development of digital assets, which is the first of its kind in the US.
banks

SEC guidelines set to hamper banks’ crypto projects

New accounting guidance from the US Securities and Exchange Commission (SEC) has potentially hamstrung banks’ crypto projects, Finextra has claimed.
Cybera

CyberTech Cybera scores $5m equity financing

CyberTech firm Cybera has raised $5m in an oversubscribed equity round headed by Converge VC and New North Ventures.
Danske

Danske Bank fined €1.8m by Central Bank of Ireland

Danske Bank has been fined €1.8m by the Central Bank of Ireland for three breaches of the Criminal Justice Act 2010.
the EU

EU proposes legislation to tighten cybersecurity rules for smart devices

The EU’s executive arm has called for new legislation that would require manufactures to ensure internet-connected devices meet cyber standards, according to Security Week.

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