UK’s CMA warns Monzo over banking order breach
The UK’s Competition and Markets Authority (CMA) has warned Monzo over a breach of retail banking regulations.
EBA unveils new central database for AML and CFT
The European Banking Authority (EBA) has launched EuReCA, a new central database for anti-money laundering and counter-terrorism financing.
FCC revokes Chinese telecom provider licence due to security risks
The Federal Communications Commission (FCC) has revoked China Unicom Americas’ licence due to ‘serious national security concerns’.
Talon Cyber Security gets claws on $43m round
Browser-based cybersecurity platform Talon Cyber Security has extended its funding to $43m.
Americans lost $770m from social media scams in 2021
Reports received by the Federal Trade Commission have found US citizens were scammed to the tune of $770m through social media cons during 2021.
Risk management software Supply Wisdom collects funding
Risk intelligence and risk actions platform Supply Wisdom has collected investment funding to scale across geographies.
industry-first data risk intelligence NVISIONx closes seed
NVISIONx, which claims to be one an industry-first data risk intelligence platform, has raised $4.6m in seed funding.
Why ironclad security is vital for any financial super app
In an age where the proliferation of financial mobile applications in increasing on a huge scale, the rise of financial ‘super apps’ may seem the logical conclusion of such a rise.
CyberTech firm AaDya Security raises $3.1m
Detroit-based software security platform AaDya Security has raised $3.1m in funding to expand its team.
With the capital, AaDya Security plans to hire more staff for its...
ESMA issues consultation on MIFID II suitability guidelines
The European Securities and Markets Authority (ESMA) has issued a consultation on aspects of suitability requirements under the Markets in Financial Instruments Directive (MiFID II).
