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Deal Updates

Libra could launch as early as January

The Facebook-led Libra Association is reportedly gearing up to launch its cryptocurrency at the start of 2021.

Coinbase responds to racism and discrimination allegations

Coinbase has been accused of having created a culture fraught with bullying, racism and discrimination against black people in a new exposé from the New York Times.

The first quarter of 2020 saw the highest number of large RegTech deals as...

The top ten RegTech deals in the first nine months of 2020 raised in aggregate $1.8bn, making up 38.2% of the total funding in the sector for the period.

The US Department of Justice steps in on Intuit’s $7.1bn acquisition of Credit Karma...

The US Department of Justice has announced Credit Karma must divest its tax business to Square, if it wishes to complete its $7.1bn acquisition by Intuit.

Sigma Ratings welcomes FinCEN’s push to improve money laundering practices

In response to the FinCEN Files revealing that more must be done to fight money laundering, regulators around the world has snapped into action, which is welcomed by Sigma Ratings.

Cybersecurity experts warn about Black Friday scams

As customers around the globe race to claim the best Black Friday deals, cybersecurity experts warn them to look out for scams.

Fraud jumped by 250% in the second quarter

Fraud attempts jumped by 250% between March and June, according to a new report from identity verification company IDnow.

MAS announces new efforts to ensure job retention and development in finance

Singapore's central bank has announced new measures to support workers in the financial sector.

CyberTech DefenseStorm locks down $19m in new capital

Cybersecurity and cyber compliance company DefenseStorm has added $19m to its coffers to support its growth.

RegTech Detected bags £600,000 in seed capital

Business verification platform Detected has secured £600,000 in a funding round led by EmergeVest alongside a smattering of angel investors.

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