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Deal Updates

Tailscale secures $12m in its Series A round

Tailscale, a corporate VPN that helps remote teams securely access services they need, has scored $12m in its Series A funding round, which was led by Accel.

A Monetary Authority of Singapore panel calls for financial institutions to review cybersecurity controls

The Cyber Security Advisory Panel (CSAP) of the Monetary Authority of Singapore (MAS) has stressed that financial institutions need to review their security controls.

Monetary Authority of Singapore seeks advice on proposed changes to identity verification

The Monetary Authority of Singapore (MAS) is seeking comments on the types of information required for non-face-to-face verification of an individual’s identity. Its consultation paper...

Cred customers worry about their money as crypto firm files for bankruptcy protection

Crypto firm Cred has filed for Chapter 11 bankruptcy protection and now customer worry about their money.

Norway is in no rush to introduce digital currency as use of cash plummets

While only 4% of transactions in Norway are conducted with cash, the nation's central bank is in no hurry to introduce a digital currency.

Singapore regulator to support RegTech with $26m grant

Governments around the world are rapidly recognising the importance of nurturing RegTech solutions and the Monetary Authority of Singapore (MAS) is no different, having just rolled out a $26m productivity solutions grant to do so.

Cybersecurity startup ReSec Technologies closes its Series A on $4m

Cybersecurity company ReSec Technologies has closed its Series A round on $4m, as it looks to expand its operations globally.

EU to get its own anti-money laundering body

After almost a year of discussions, EU finance ministers have agreed to launch a regulatory body focused on fighting money laundering.

Banks face considerably lower ratings if they don’t tackle financial crime and governance

Sigma Ratings and Fitch Group warn in a new report that banks and financial institutions could face serious risks if they neglect to tackle financial crime, oversight and governance risk.

Australian FinTech and RegTech committee to seek more insights from the industry

Having published an interim report of its findings in September, the Senate Select Committee on Financial Technology and Regulatory Technology will conduct further consultations with the industry.

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