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Deal Updates

CSS discuss CCO liability in its latest Coffee & Regs podcast

CCO liability is still a big concern for chief compliance officers, but the recent speech from SEC commissioner Hester Pierce is helping to bring more clarity to the issues.

Authentication platform LoginID scores $6m in its seed round

Authentication provider LoginID has closed its seed round on $6m as it looks to accelerate the adoption of passwordless services.

Provident Financial faces FCA investigation in home credit division

Doorstep lender Provident Financial said the UK’s financial watchdog Financial Conduct Authority (FCA) is investigating the firm in its consumer credit unit.

How companies can leverage ethics to qualm fears of AI

Artificial intelligence is becoming a common sight, but there are still fears around using the technology and ensuring it is not being misused.

HeraSoft raises $5m to support growth of its ransomware protection software

HeraSoft, which safeguards companies from ransomware, has closed its Series A round on $5m, which was led by United Capital Management.

The EBA launches discussion paper for an integrated reporting system

The European Banking Authority (EBA) has published the discussion paper on the feasibility study of an integrated reporting system.

Modularbank adds AML to product offering after partnership with HAWK:AI

Estonian core banking provider Modularbank has added anti-money laundering (AML) capabilities to its services via a partnership with HAWK:AI, a Germany-based AML platform.

DataGrail nets $30m in its Series B round

Privacy platform DataGrail has secured $30m in its Series B round, as it adds several new customers.

InsurTech startup Cowbell Cyber closes $20m Series A

Cowbell Cyber, an AI-powered cyber insurance provider, has closed its Series A round on $20m to help it scale its offering for continuous underwriting and closed-loop risk management.

Snyk reaches $4.7bn valuation after new $300m funding round

Cybersecurity company Snyk closed a $300m funding round taking its valuation to $4.7bn.

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