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How RegTech has increased the need for CTOs among asset management services

As more financial services companies turn to RegTech to ensure they meet their compliance targets, the need for tech professionals to supervise it is skyrocketing.

MassMutual Ventures closes its third $100m fund focused on tech startups in North America,...

MassMutual Ventures has revealed its third $100m venture capital fund, which will invest into FinTech, cybersecurity, enterprise software and digital health companies.

IDnow launches free KYC information platform

IDnow, the identity verification company, has launched KYC Insider, a free information service on regulatory changes around know-your-customer and digital identities in Europe.

Automated documentation platform Anvil closes its Series A on $5m

Paperwork automation company Anvil has closed its Series A round on $5m, as it looks to help business streamline their processes.

Data privacy solution 1touch.io closes its Series A round on $14m

Data discovery and privacy platform 1touch.io has closed its Series A round on $14m to help increase its market presence.

Featurespace recognised as a leader in fraud prevention

It's been a busy week for Featurespace. Not only has it warned about rising types of fraud, but now it has been recognised by Gartner as a representative vendor.

Identity verification solution for the gig economy Vetty closes pre-Series A

AI-powered employee verification platform Vetty has scored $4m in its pre-Series A funding round, which was led by existing backer 3Lines Venture Capital.

Ares Management to pay $1m for allegedly breaking rules about misuse of material nonpublic...

Los Angeles-based private equity firm Ares Management has been forced by the Securities and Exchange Commission (SEC) pay $1m to settle charges that it failed to implement and enforce policies and procedures reasonably designed to prevent the misuse of material nonpublic information.

Mobile phone phishing scams jumped by 37% in the first quarter of 2020

Hackers are targeting smartphones more and more as they launch phishing scams to gain accesses to companies' digital infrastructure, according to cybersecurity company Lookout.

BitClave forced to pay back $25.5m from unregistered initial coin offering to investors

Blockchain services company BitClave has agreed to pay back the proceeds of its unregistered initial coin offering (ICO) and settling charges brought on by the Securities and Exchange Commission (SEC).

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