Databricks reaches colossal $36bn valuation after Series H close
Data management company Databricks has raised a colossal $1.6bn in funding, upping its valuation to an eyewatering $38bn.
ModusBox, DocFox team up to improve onboarding
Open banking solution developer ModusBox has teamed up with SaaS-based automated onboarding tool DocFox to help banks and credit unions improve data access.
The deal...
WhatsApp slapped with $267m GDPR fine for user privacy shortcomings
WhatsApp has been hit with a $225m fine by Ireland’s Data Protection Commission after it failed to disclose enough information to users about the data shared with other Facebook companies.
Corelight bags $75m in its Series D round to support global growth
Corelight, a provider of open network detection and response (NDR) has raised $75m in its Series D round, which will support its global market expansion.
Pixalate reels in $18.1m growth capital to speed up expansion
Fraud protection, privacy and compliance analytics platform Pixalate has raised $18.1m in growth funding.
EPA calls for greater digital identity push in light of growing financial crime
A whitepaper by the Emerging Payments Association (EPA) has detailed that a stronger focus on digital identity could help combat soaring cases of financial crime.
Google and Microsoft to funnel $30bn into cybersecurity up to 2026
Google and Microsoft have revealed that they are planning to invest $30bn in cybersecurity advancements over the next five years.
Identitii unveils SaaS platform to reduce AML and CTF compliance risks
Identitii has launched a software-as-a-service platform to help firms cut non-compliance reporting risks with anti-money laundering (AML) and counter-terrorist financing (CTF).
Identity verification platform Journey.Ai receives strategic investment
Digital trusted identity platform Journey.Ai has received a strategic investment from Avaya Holdings.
FCA warns UK banks and FinTechs on Afghanistan financial crime threat
Britain’s watchdog Financial Conduct Authority (FCA) warned banks to be vigilant about the risk of being used for criminal operations such as terrorist financing or money laundering in Afghanistan as the Taliban completes its takeover of the country.
