Connected ecosystem platform Ockam nets $12.5m
Ockam, which builds connected ecosystems with strong security, has netted $12.5m in its Series A funding round.
PassFort, Trulioo enter global partnership to transform KYC for regulated firms
RegTech firm PassFort and identity verification company Trulioo have partnered to offer regulated businesses a way to digitally transform their KYC and KYB processes.
Zero-trust security software Xage nets Series B
Xage, a zero-trust security company, has collected $30m in its Series B funding round.
Google acquires security operations enterprise Siemplify
Google Cloud has acquired security orchestration, automation and response (SOAR) provider Siemplify in a $500m deal.
CyberTech for AI software TrojAI bags seed round
TrojAI, a cybersecurity platform designed for AI solution providers, has netted CAD3m ($2.3m) in its seed round.
Danish FinTech ComplyCloud nets €4.5m investment
Denmark-based ComplyCloud, which has built its own digital software lawyer, has landed a €4.5m investment from SEED Capital.
Taiwan’s FSC unveils new data sharing guidelines for financial institutions
Taiwan’s Financial Supervisory Commission (FSC) has introduced new data sharing guidelines.
Sheer Markets taps Muinmos to accelerate onboarding and compliance
Muinmos has been chosen by FinTech firm Sheer Markets for its fully automated AI-based onboarding solution.
Goldman Sachs-owned Human Security rakes in $100m
Anti-bot and fraud detection company Human Security has concluded a $100m funding round led by WestCap.
The five biggest compliance failure fines of 2021
As another challenging year comes to an end, the task for organisations to remain compliant in new working environments is still ongoing. Despite firm efforts by many to avoid penalties, some institutions were unable to duck fines last year. Here are the top five compliance failure fines from the year of 2021.
