Study finds AML compliance costing UK firms over £28bn a year
A study by LexisNexis Risk Solutions has found anti-money laundering (AML) compliance is costing UK financial institutions £28.7bn and will raise to £30bn by 2023.
Cyber firm SentinelOne eyes IPO price as it gears up for offering
Cybersecurity firm SentinelOne has revealed it intends to raise up to $928m on its initial public offering (IPO) as it anticipates an IPO price range of between $26 to $29 per share.
CyberSmart scores $10m in its oversubscribed Series A round
Automated cybersecurity platform CyberSmart has scored $10m in its oversubscribed Series A funding round, which will help its global expansion efforts.
DataRails nabs $25m Series A extension, doubling its company valuation
DataRails, which provides SMEs with financial reporting support, has bagged $25m in its Series A extension, doubling the company valuation.
FinTech Global launches Professional RegTech Certificate to provide essential FinTech training for the financial...
FinTech Global has launched a new RegTech Professional Certificate to provide essential training to finance professionals and graduates alike looking to enter the financial services industry.
Focus on threat detection and response to help beat the clock after a cyberattack
Speed is vital during a cyberattack. The quicker a company can respond to an incident, the greater the chance to minimise the negative impact it has, according to Kroll head of EMEA cyber risk, Andrew Beckett.
Bank of England FinTech chief underlines privacy, crime tackling benefits of CBDCs
The Bank of England (BofE) FinTech chief has said the introduction of a central bank digital currencies (CBDC) doesn’t require a trade-off between privacy and tackling financial crime.
Switzerland enacts new rules for blockchain and DLT companies
Switzerland’s Federal Council has fully implemented new rules on distributed ledger technology (DLT)-based trading and blockchain solutions.
Integrity360 receives strategic investment from August Equity
Integrity360, a cybersecurity specialist based in Ireland and the UK, has received a “major” strategic investment from private equity firm August Equity.
How long can WealthTech firms resist the crypto FOMO?
Global stockbrokers, neobankers and financial institutions are all slowly onboarding crypto into their asset portfolio and it's probably a matter of time before WealthTechs do the...
