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.
Identity verification startup Berbix nets $9m for its Series A round
Digital identity startup Berbix has closed its Series A round on $9m, which will help it to increase its team size and bolster customer growth.
SEC updates reporting rules for public companies
The Securities and Exchange Commission (SEC) has voted to update the description of business, legal proceedings and risk factor disclosures that registrants are required to make pursuant to Regulation S-K.
SEC opens up private capital market for more people
The US Securities and Exchange Commission (SEC) has voted to amend its definition of accredited investors, meaning more people will soon be eligible to enter the private capital market.
How AI development could benefit from the pandemic
Business stability is the priority for most businesses at the moment and you might think investing into R&D could impact the development of tools like AI. However, this might not explicitly be the case and AI could benefit from the situation.
Scammers stole over £30m from UK pension savers and football fans are likely victims
Regulators warn that pension savers have lost over £30m to scammers as people know more about football than about their own lifetime savings.
Cybersecurity startup AffirmLogic closes $25m round
AffirmLogic, which uses behavioural computation to reduce cyber risk, has scored $25m in its latest funding round.
Redis Labs joins the growing list of FinTech unicorns
Open source database Redis Labs has bagged $100m in its Series F round, helping the company to become a unicorn.
Wrapbook scores $3.6m in its seed round led by Equal Ventures
Wrapbook, which builds payroll, insurance and compliance technology, has bagged $3.6m in its seed round of funding.
