Blockchain startup Valid Network bags $8m in seed round
Israel-based cybersecurity startup Valid Network has raised an $8m seed round to fuel the development of its technology, expand its team and to open a New York office.
City watchdog hires accountancy firm BDO to assist with Wirecard monitoring
The Financial Conduct Authority (FCA) has tapped a team at accountancy firm BDO to help it monitor beleaguered FinTech Wirecard following the huge scandal.
Bitcoin stakeholders worried Twitter scam puts the cryptocurrency in a bad light
After several high-profile Twitter accounts were compromised in a bitcoin scam, crypto traders worry that it will put the industry in a bad light.
FCA and City Corporation launch digital sandbox to support innovative firms tackling challenges caused...
The Financial Conduct Authority (FCA) And the City Corporation have announced a strategic partnership to develop and launch a digital testing environment for innovative firms tackling the pandemic.
RealityEngines.AI rebrands to Abacus.AI alongside funding round
RealityEngines.AI has rebranded to Abacus.AI, alongside the close of a $13m Series A round.
FCA asks financial industry for feedback on new guidance to ensure people have access...
The Financial Conduct Authority has issued new proposals to ensure that people have access to money when banks, building societies and credit unions shut down their branches and ATMs.
Circit collects €1.1m in its funding round as it positions for significant growth
Circit, audit confirmation platform, has collected €1.1m in its funding round, as the RegTech gears up for “significant expansion.”
Ascent teams up with IBM to help businesses reach their compliance targets
AI-powered compliance company Ascent has partnered with IBM, which will see the RegTech integrate its solutions in an effort to help financial institutions keep abreast of ever-changing regulatory requirements.
How has the Covid-19 crisis changed how financial services should think about cybersecurity?
The pandemic has forced financial services firms to reconsider their digital defences or risk falling victim to cyber attacks.
FBI worried that private equity firms are being used to launder money
A leaked FBI bulletin calls for increased regulatory scrutiny of private equity firms and hedge funds to better fight money laundering.
The bulletin was part...
