ZeroFox to go public, joins forces with IDX for cybersecurity
Cybersecurity firm ZeroFox has entered into an agreement with special purpose acquisition company (SPAC) L&F Acquisition Corp to become a publicly traded company and will also acquire digital privacy company IDX.
SEC punishes JPMorgan for recordkeeping failures with $125m fine
The Securities and Exchange Commission (SEC) has fined JPMorgan $125m due to ‘widespread and longstanding failures’ by the bank to maintain and preserve written communications.
FCA confirms new rules on climate-related financial disclosures
The Financial Conduct Authority (FCA) has published two policy statements that confirm the final rules and guidance to promote better climate-related financial disclosures.
Noname Security joins the cyber unicorn club following Series C
US-based API security firm Noname Security has secured the unicorn horn after a recent $135m Series C pushed its valuation over $1bn.
How QuantaVerse is applying AI and machine learning to improve AML program effectiveness
Innovations in anti-money laundering (AML) are leading to many businesses reenvisioning how they approach compliance. As financial institutions welcome modern technologies to better adhere to regulations, they realise other benefits from automating their AML practices, says QuantaVerse Founder David McLaughlin.
Cloud security remediator Dazz bags $60m funding
US cloud security remediation firm Dazz has secured $60m from a funding raise.
Regnology unveils ESG reporting module for Abacus360 Banking
RegTech firm Regnology has launched a first ESG reporting module for its flagship product Abacus360 Banking.
FCA slaps HSBC with £63.9m fine for AML failings
The Financial Conduct Authority (FCA) has fined HSBC Bank £63,946,800 for failings related to its anti-money laundering processes.
Is Eventus’ Validus platform the silver bullet for simplifying global trade surveillance?
Established in 2015, Eventus Systems is a provider of multi-asset class trade surveillance and market risk solutions for customer bases such as broker-dealers, banks and crypto exchanges through its trademark Validus platform. How can Validus help simplify global trade surveillance?
SaaS security firm Atmosec arises out of stealth with $6m seed
Tel-Aviv-based software-as-a-service security company Atmosec has raised $6m from its seed funding round as it launches out of stealth mode.
