Identity verification company Passbase nabs Series A funding
Identity verification infrastructure Passbase has closed its Series A on $10m to support the creation of the first robust policy and workflow manager.
New York launches FinTech development centre
The Federal Reserve Bank of New York has launched an innovation centre aimed at boosting FinTech developments for the central bank community.
Theta Lake, Verint team to reshape risk mitigation tech in hybrid working era
Theta Lake and Verint has partnered to provide financial and trading organisations with extended capabilities to help avoid the legal and reputational consequences of misconduct, data loss and security issues.
Entersekt gets strategic investment from Accel-KKR
Device identity and authentication solution developer Entersekt has received a strategic investment from Accel-KKR.
67% UK adults expect banks to foot the bill of fraud
Two-thirds of UK adults expect their bank to pay the bill in its entirety if they were the victim of fraud, regardless of the amount lost, a report from Akamai Technologies has found.
Grip Security grasps $19m Series A following a whirlwind debut year
SaaS security startup Grip Security has raised $19m from a Series A financing round led by Intel Capital.
How Muinmos became a key global player in financial services client onboarding
Muinmos was founded back in 2012 after Remonda Kirketerp-Møllersaw a big gap in the market for making client onboarding simpler and more efficient in financial services. With a rapidly growing global client base of banks, investment firms and asset managers, the company is emerging as a major player in key global markets.
Why Eventus Systems is a trade surveillance pioneer
The market opportunity for trade surveillance systems is steadily rising. A recent report from The Insight Partners asserted that the market will reach $2.7bn by 2028 – rising from $850m in 2019. Back in 2014, Travis Schwab sensed there would be growing demand for the sector and decided to capitalise on the gap in the market by founding Eventus Systems.
Reserve Bank of New Zealand underlines rising bank resilience from stress tests
Recent stress tests by the Reserve Bank of New Zealand (RBNZ) have shown increasing resilience in the banking sector and the benefit of continue to build capital buffers.
Torq secures funding from Insight Partners-led Series B
US no-code automation platform Torq has nabbed $50m from a Series B funding round led by Insight Partners.
