Verafin raises CAD $515m in a mixture of equity and debt recapitalization
Verafin, a financial crime management software company, has collected CAD $515m ($388m) in a mix of equity and debt recapitalization.
AntWorks and EvoluteIQ partner up to automate banks’ transition of interest reference rates
London-based intelligent automation venture EvoluteIQ has teamed up with AntWorks, the AI and automation company, to create an automation solution for banks and financial services.
CyberFortress bags $3m to help boost cyber insurance cover for SMEs
CyberFortress, an insurance platform protecting e-commerce companies from cyber threats, has bagged $3m in a seed round.
ECB top: “Libra has undoubtedly been a wakeup call for central banks and policymakers”
Benoît Cœuré, executive board member of the European Central Bank, has told the German Bundestag that stablecoins like Facebook’s Libra initiative come with both risks and opportunities.
Identity platform Axuall collects $3m in seed funding
Axuall, a digital network for verifying identity, credentials, and authenticity in real-time, has collected $3m in seed funding.
Dutch bank ABN Amro investigated for alleged money laundering
Having anti-money laundering procedures in place have become increasingly important over the past few years. However, it seems ABN Amro may have failed in this regard.
Cowbell Cyber raises $3.3m in seed funding
Cowbell Cyber, an AI-powered cyber insurance for small and mid-sized enterprises, has collected $3.3m in its seed funding round.
The British Competition and Markets Authority has fined PayPal over its $2.2bn acquisition of...
PayPal has been slammed with a £250,000 fine after failing to clearly separate itself from iZettle, despite an order from the Competition and Markets Authority (CMA).
ESMA releases updated equity and equity-like instrument calculations
The European Securities and Markets Authority (ESMA) has released the annual transparency calculations for equity and equity-like instruments.
Lloyds Bank builds “The Rat” to sniff out fraudsters before they attack
Lloyds Bank has created a new digital security tool to hunt down fraudsters before they have a chance to attack.
