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Razberi Technologies bags $5.8m to help boost cybersecurity in financial institutions

Razberi Technologies, which provides video surveillance and IoT solutions, has bagged $5.8m in a new funding round.

Robinhood adds former SEC commissioner to board after regulatory problems

Last year Robinhood’s checking account product was stopped due to regulatory and insurance issues. Now the stock-trading unicorn is adding a senior regulatory executive to its board.

FSB slams UK government’s new tariff regime for not doing enough to help SMEs...

The British Government has updated its temporary tariff regime to prepare for a no-deal Brexit. However, industry stakeholders think these measures will not be enough to protect small businesses.

Authenticity.AI closes initial seed round

Speech-to-text processing platform Authenticity.AI has closed its initial seed funding round from an affiliate of Knox Capital.

Regulator reveals Reyker has stopped trading following failed acquisition process

Investment company Reyker’s financial difficulties have reached the point where the Financial Conduct Authority (FCA) has put it into special administration.

The FCA ramps up investigations into cryptocurrency companies by 74%

The top UK financial services watchdog is putting the screws on cryptocurrency companies and has increased the number of businesses under investigation by 74% in the past year.

Commonwealth Bank of Australia accused of breaking Australia’s anti-hawking laws

Australia’s biggest bank could be forced to fork out AUS$1.8m for making 87 unsolicited calls to sell life insurance.

The FCA tells insurers to stop penalizing loyal customers

Home and motor insurers in the UK have been told by the markets regulator to stop making loyal customers pay high premiums.

FCA slams Prudential with £23.87m fine for “very serious breaches that caused harm” relating...

The Prudential Assurance Company has been fined £23.87m for failing to tell customers about their pension savings options.

Russian nuclear scientist fined $7,000 for using a super computer in a top secret...

A Russian nuclear scientist has been fined for using one of the country’s most powerful super computers, located in a top secret lab, to mine bitcoin.
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