69% of business leaders to increase FinTech investment over the next couple of years
Over two-thirds (69%) of business leaders are expecting their company to increase their investment in FinTech during 2021 and 2022, according to a report from cybersecurity company ESET.
FCA to return £3.42m to victims of unauthorised investment schemes
The Financial Conduct Authority has obtained High Court approval to return £3.42m to compensate victims of a series of unauthorised deposit taking and collective investment schemes.
Germany-based RegTech startup Sawayo bags €1.5m in seed funding
Sawayo, which is building a SaaS compliance and workflow automation platform, has bagged €1.5m in seed funding.
Atos has completed its acquisition of Motiv ICT Security
Managed security service provider Atos has completed its acquisition of Dutch cybersecurity company Motiv ICT Security.
UK cybersecurity firms grew their revenues to $12.51bn in 2020
UK cybersecurity companies grew their revenues to $12.51bn in 2020, representing a 7% increase from 2019 when that figure was $11.69bn.
SolarWinds hackers breached NASA and Federal Aviation Administration networks
NASA and the Federal Aviation Administration have been named in reports as the previously undisclosed governmental agencies breached in the massive SolarWinds attack.
Over £20m worth of fraud averted by banking industry-funded police unit
A specialist policing unit funded by the banking and finance industry revealed that £20m worth of fraud was prevented in 2020 – a figure up by £1m compared to 2019.
MAS eases concerns about transactions from Myanmar
Singapore's top financial watchdog has responded to concerns following the military coup in Myanmar.
How the FCA expects financial services to protect vulnerable consumers
The Financial Conduct Authority (FCA) has published its final guidance of its expectations of firms should fairly treat vulnerable customers.
Nearly half of banks could soon be digital – new survey finds
Almost half of the banking executives around the world are looking to digitalise their businesses, according Temenos' new research.
