Singapore and UK authorities team up to conquer cybersecurity
The Monetary Authority of Singapore (MAS), the Bank of England and the Financial Conduct Authority (FCA) have agreed to work together to boost cybersecurity in their financial sectors.
Email defence solution Vade Secure nets €70m in venture round
Predictive email defence startup Vade Secure has netted €70m in a financing agreement with venture firm General Catalyst.
IronScales closes $15m Series B from return investor K1 Investment Management
IronScales, an advanced threat protection and anti-phishing solution, has pulled in $15m for its Series B round.
BITPoint LatAm boosts AML and KYC with IdentityMind partnership
BITPoint LatAm, a crypto to fiat exchange platform, has partnered with IdentityMind to support its AML and KYC processes in Latin America.
Risk management startup MindBridge secures $29.6m Series B
Risk management business MindBridge has secured $29.6m in its Series B round to support the evolution of its AI technology.
SecurityScorecard closes $50m Series B round led by Riverwood Capital
New York-based SecurityScorecard, a security ratings startup, has closed its Series B round on $50m.
Specific exemptions in data sharing restrictions for AML would help combat occurrence rates
Data protection is great for society, but it can hinder a bank’s ability to detect and prevent money laundering, according to Markus Schulz, global head of Financial Crime Compliance Controls at Standard Charted Bank.
Energy derivatives FinTech provider AEGIS gets Baird Capital backing
Energy derivatives FinTech business AEGIS Energy Risk has picked up investment from US private equity house Baird Capital.
Big banks reinvest in Symphony Communications through new $165m round
Venture capital-backed secure messaging app Symphony Communications has brought its total capital raised to more than $460m thanks to a new round led by Standard Chartered and MUFG Innovation Partners.
FCA outlines new rules for the buy now, pay later market
The UK’s Financial Conduct Authority (FCA) has released new rules for the buy now, pay later (BNPL) market, to better protect consumers.
