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Deal Updates

Check Point set to bolster cloud security expertise with Avanan acquisition

Israeli cybersecurity firm Check Point Software Technologies has entered an agreement to buy cloud email security company Avanan for an undisclosed fee.

Oomnitza bags $20m in C5 Capital-led funding round

Software-as-a-service-based enterprise technology management solutions provider Oomnitza has raised $20m in a funding round.

Four individuals charged for alleged $150m bank fraud scheme

Four individuals have been charged with conspiring to deceive banks and credit card companies to process over $150m in fraudulent payments.

Singapore’s SGX unveils paper proposing mandatory climate reporting

The Singapore Exchange Regulation (SGX RegCo) has published a consultation paper that is suggesting bolstering disclosure requirements for companies around climate risk.

Cyberport enters next stage for FinTech grant scheme

Cyberport has reached the next application stage for its FinTech Proof-of-Concept Subsidy Scheme, which could see companies given a total of HK 10m ($1.28m) in grants.

How financial institutions can succeed in mobile banking post-pandemic

A OneSpan blogpost has underlined how financial institutions (FIs) can compete in the mobile banking sector following the shifts brought about by the Covid-19 pandemic.

Monad to scale security platform following Index Ventures-led Series A

Security data firm Monad has raised $17m from a Series A funding round led by Index Ventures.

LexisNexis acquires TruNarrative to bolster anti-financial crime efforts

LexisNexis Risk Solutions has acquired TruNarrative, a provider of cloud-based financial crime detection and prevention technology.

CISA director Easterly eyes more preparatory approach to dealing with cybercrime

Cybersecurity and Infrastructure Security Agency (CISA) director Jen Easterly has said she wants the CISA to focus on preparing for hacks instead of just managing the fallout.

RBI panel recommends new regulatory framework for cooperative banks

A Reserve Bank of India (RBI) panel has proposed a new four-tier structure for regulating and improving urban cooperative banks (UCBs).

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