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LogRock closes $3.5m in its seed round

LogRock, a compliance solution for the trucking sector, has closed a seed funding round on $3.5m.

The 4 trends specialty insurers should be watching

The insurance sector is in a period of seismic change, but what are the real trends specialty insurers should be taking note of.

Philippines’ central bank proposes sustainable investing guidelines

The Bangko Sentral ng Pilipinas (BSP) has put forward guidelines for banks’ integration of sustainability principles in their investment activities.

Institutional investors spend an average of $1.3m annually related to ESG data

Institutional investors are spending an average of $1.3m annually to collect, analyse and report climate data to inform their investment decisions, according to a study from ERM.

SEC proposes changes to ESG investment practices

The US Securities and Exchange Commission (SEC) has proposed changes to rules and reporting around environmental, social, and governance (ESG) investment practices.

Venture capital firm SYN closes $300m fund for cyber upstarts

SYN Ventures, a venture capital firm backing cybersecurity startups, has closed a $300m fund.

Broadcom set to snap up VMware in $61bn deal

Chipmaker Broadcom has agreed to acquire virtualisation firm VMware for approximately $61bn in cash and stock.

Why a contextual KYC approach can improve customer onboarding

The KYC and refresh process in financial services can often be heavily burdensome, complex and costly for companies, with processes still lacking up-to-date technologies.

The UK’s FCA discusses changes to companies listing in the UK

The UK’s Financial Conduct Authority has published a paper on potential reforms on how companies list in the UK, with the aim to attract more “high quality, growth companies and give investors greater opportunities.”

Twitter to pay $150m penalty for user privacy failures

Twitter will pay a $150m penalty due to allegations by federal regulations that the platform failed to protect the privacy of users’ data over a six-year span.

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