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Deal Updates

Airgap Networks lands $13.4m in Series A raise

CyberTech firm Airgap Networks has raised $13.4m from a Series A funding round led by Storm Ventures.

Eventus names new EMEA managing director

Eventus Systems has appointed Nick Wallis to the role of managing director for the Europe, Middle East and Africa region.

EU calls for ideas on CBDC legislation challenges

The European Commission has issued a ‘call for ideas’ to help inform rule makers around the legislative roadblocks of a digital euro.

LSEG acquires Global Data Consortium to expand digital identity offering

The London Stock Exchange Group (LSEG) has agreed to acquire Global Data Consortium for an undisclosed fee.

FCA enables small number of crypto firms to trade after registration deadline

The Financial Conduct Authority (FCA) has allowed a number of cryptocurrency companies to continue trade past a licensing deadline as it continues to assess applications.

China to widen digital yuan trials across more cities nationwide

The People’s Bank of China (PBOC) is set to expand a pilot of a digital yuan across a range of new locations following the success of the initial program.

UK parliamentary group calls on regulators to adapt to new working practices

A survey by the APPG on Challenger Banks and Building Societies has found the pandemic has directly driven the digital transition in banking services and working practices.

How Cognitive View champions a customer-centric culture to prevent misconduct

In order to successfully prevent misconduct and manage risk, companies must foster a customer-centric culture across their teams, and this should work in harmony with the use of AI and automation. This is the basis of Cognitive View’s mission.

Why Lucinity is on a mission to Make Money Good

As more and more people move online, financial crime is increasing – subsequently increasing the opportunities for cases of money laundering. As industry players continue to search for the silver bullet to tackle financial crime, RegTech firm Lucinity is focused on helping to clean up the financial world.

EU Parliament votes to introduce KYC on private crypto wallets

The European Parliament has voted to introduce new regulatory measures that would essentially restrict cryptocurrency transactions by anonymous accounts.

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