ESMA report says financial markets remain “fragile” because of Covid-19
The European Securities and Markets Authority (ESMA) has issued a new report on the impact of the pandemic, saying that the environment "remains fragile."
FireMon secures $40m in debt financing after being deemed critical to national security
Network security policy management company FireMon has received $40m in debt financing from Silicon Valley Bank (SVB).
InCountry bags $18m funding round to support its international growth
Data residency and compliance solution InCountry has bagged $18m in a funding round led by Caffeinated Capital and Mubadala Capital.
Cybersecurity startup Dark Cubed closes Series A round
Cybersecurity software as a service (SaaS) platform Dark Cubed has closed its Series A funding round.
Trust Stamp closes crowdfunding campaign on $6.5m
AI-powered authentication company Trust Stamp has raised $6.5m through a crowdfunding campaign on SeedInvest.
Why working with a RegTech could be easier than building in-house – KYC Portal
The onboarding process is the start of interactions with a customer and therefore should be enticing to show what the relationship will be like. Having something that is confusing and frustrating begins things on the wrong precedent.
India-based IDfy said to raise $2.1m in its new funding round
Digital KYC solution IDfy has reportedly raised around $2.1m in funding to support its growth and expansion plans.
Mexican banks face huge money laundering threat – FIU
Seven big Mexican banks face a huge risk of being used for money laundering, according to new research from the Financial Intelligence Unit.
ECB warns that big tech entering the FinTech space could lead to security risks
The European Central Bank has warned that Europe's failure to produce big tech companies of its own to compete with American ones could leave the EU exposed and reliant on foreign providers as big tech moves into the FinTech sector.
RegTech investment hit a five-quarter low in Q2 2020 as global lockdowns take a...
Global RegTech funding reached $2.4bn in Q1 2020, recording a growth of 26.3% compared to the previous quarter despite the spread of coronavirus and the ensued economic uncertainty.
