UBS fined $51m by Hong Kong regulator for overcharging
Swiss multinational investment bank UBS has reportedly been fined HKD $400M ($51m) by Hong Kong’s securities regulator for overcharging around 5,000 clients.
Cybersecurity training platform Immersive Labs scores $40m Series B
Immersive Labs, a cybersecurity education platform for employees, has scored $40m in a Series B round.
Interac to acquire digital identity startup 2Keys
Digital payments platform Interac has acquired digital identity platform 2Keys to help Canadians boost security in online payments.
Kenya passes new data protection law to bolster its tech sector
Having already cemented its position as one of the top three nations for FinTech in Africa, Kenya has passed a new law to attract more tech investments.
FCA warns overconfidence could cost a pensioner all their money
UK’s financial conduct authority warns that overconfidence could lose a person their entire pensions within just 24 hours.
Data protection platform Nightfall AI scores $20.3m
Nightfall AI, a cloud-native data loss prevention platform, has scored $20.3m in funding led by Bain Capital Ventures and Venrock.
Anonos pulls in $12m to boost market adoption
Data privacy platform Anonos has pulled in $12m in funding to help it drive market adoption for its solutions.
European Commission eyeing climate risk stress tests for financial firms
The EU is reportedly looking to introduce climate risk stress tests to force financial firms to raise their protection against global warming.
Nasdaq releases AI tool to better detect malicious activity
Nasdaq has released a new AI-powered tool for surveillance patterns on the The Nasdaq Stock Market to better detect malicious activity.
Aristotle International to integrate its KYC solutions with GeoComply’s IDComply service
GeoComply, the geolocation company, has tapped KYC and age verification specialist Aristotle International to strengthen its IDComply service.
