Specialist FinTech investor CommerzVentures hits final close on third fund
Specialist FinTech investor CommerzVentures has closed its third fund on €300m, which will back early and growth-stage companies in the sector.
BIS unveils green bond fund to finance sustainable projects in APAC
The Bank for International Settlements (BIS) has launched a green bond fund that is dedicated to aid the financing of green projects in Asia Pacific.
Web app security startup Feroot secures $11m seed
Website and web app protection firm Feroot Security has snared $11m in a seed financing round led by True Ventures.
Virgin Money registers under CRM for boosted anti-fraud efforts
UK bank Virgin Money has become fully registered to the Contingent Reimbursement Model Code (CRM Code), a voluntary standard aimed at anti-fraud.
IDEX Biometrics teams up with IDEMIA for Sweden’s first biometric card
IDEX Biometrics has teamed up with augmented identity developer IDEMIA to support the launch of Sweden’s first biometric card.
US and UK agencies warn of Iranian cyberattack risk
Government agencies in the US and the UK have warned of the growing risk of cyberattacks by an Iranian threat actor against public and private organisations.
China defers new AML rules amid pushback and privacy concerns
The People’s Bank of China (PBOC) has said it is postponing the introduction of new rules that firm up cash withdrawal and deposit scrutiny due to ‘technical reasons’.
Cloud email security platform Red Sift bags $54m
Cloud email security and brand protection platform Red Sift has raised $54m in its Series B funding round, which was led by Highland Europe.
FinGo, Croma link to extend biometric technology use
FinTech FinGo has teamed with Croma Security Solutions to strengthen both company’s solutions in the area of non-invasive biometric technology.
RegTech platform Secureframe bags $56m Series B
Secureframe has raised $56m in its Series B funding round, which brings its total equity raised to $79m in two years.
