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Deal Updates

Forter cements unicorn status on the back of $125m Series E round

Fraud fighting RegTech Forter has raised $125m in Series E funding and has achieved a $1.3bn valuation in the process.

US regulators attempt to make it easier for banks to tackle risk

Major US financial markets watchdogs have issued a joint fact sheet to make it easier for banks to tackle risks when it comes to charities and non-profit organisations.

Abnormal Security raises $40m to bolster its team after strong year of growth

Email security company Abnormal Security has closed its Series B round on $40m, to grow the size of its team.

The FCA confirms updated guidelines to support credit customers through the pandemic

A City watchdog has confirmed that it has updated the guidance to support and protect vulnerable customers during the coronavirus crisis.

NCA calls for reform to better flag money laundering

The UK's National Crime Agency has called for an overhaul of the money laundering reporting system to deal with low-quality or unnecessary warnings.

SEC awards $900,000 to whistleblower

The US top market regulator has awarded $900,000 to a whistleblower who identified securities law violations overseas.

Top cybersecurity agency names the four countries posing the biggest threat to Canada

The Canadian Centre for Cyber Security within the Communications Security Establishment has warned that China, Russia, Iran and North Korea pose the biggest cybersecurity threats to the nation.

Spectrotel expands cybersecurity offering

Communication service provider Spectrotel is expanding its cybersecurity portfolio with a new suite of services that are critical to enterprises trying to mitigate their risk.

Tech visa applications surge as the UK head into final Brexit stretch

As the FinTech and RegTech industries brace for the UK's imminent divorce from the EU, a new report reveals that tech visa applications have increased in the past two years.

Muinmos welcomes ESMA’s new powers

Last week the EU's securities market regulator announced that it had begun to use its convergence powers, which has now been welcomed by RegTech Muinmos.

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