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.
Law firm calls for Wirecard investors to sign up for class action lawsuit
Faruqi & Faruqi, a leading national securities law firm, reminds American Wirecard investors that they have until September 8 to sign up to be part of a class action lawsuit against the collapsed FinTech.
LF Equity Income Fund has handed back over £2.26bn to investors after its collapse
LF Equity Income Fund was at the centre of the Woodford scandal and has now handed back over £2.26bn to investors since the fund started to wind up in January.
FCA investigates over 150 Covid-19 related scams
The Financial Conduct Authority (FCA) is investigating more than 150 coronavirus-related scams launched since the outbreak began, according to official figures.
Form3 scores $33m in its latest funding round
Cloud-native payment technology developer Form3 has scored $33m in funding, which will support the next growth stage of the company.
FSA Seychelles and CISI to collaborate to raise financial services professional standards
The Financial Services Authority (FSA) of the Seychelles and the Chartered Institute for Securities & Investment (CISI) will work together to promote professionalism and professional standards in the capital market sector of The Republic of Seychelles.
