Legislation

From vein recognition to the way people write, the European Banking Authority has revealed some odd ways customers can prove their identities under the new SCA rules.

Of the 123 startups to make Plug and Play’s Fall accelerator, 24 are FinTech companies, offering solutions from anti-fraud to automated bookkeeping to personalised loans, and much more. So who has made that list?

3Lines Venture Capital has closed the first $5m trance for its Rocket Fund, which is focused on cybersecurity and deep-tech opportunities.

Australian and American authorities are undertaking a joint international criminal investigation into cryptocurrencies.

The finance ministry in Sri Lanka has announced plans to set up a credit regulatory authority by the end of 2019.

With less than a month until the final deadline of Strong Customer Authentication (SCA), fears around preparedness are still prevalent and firms are trying to ensure there will not be a fall in payments come September 14.

CrowdStrike, a cloud provider of cloud-delivered endpoint protection has launched a $20m early-stage investment fund in partnership with Accel.

Cybersecurity Asset Management company Axonius has netted $20m in its Series B round which was led by new investor OpenView.

It has become a common occurrence that a subject (be it a legal entity or a human being) is involved in multiple aspects within an organisation. An entity which is being serviced for different products or services would usually lead to multiple records of the subject and also multiple KYC processes leading to inefficiencies and also increased risk. KYC Portal allows you to benefit of such occurrences to improve efficiencies and reduce risk exposure

Identity verification provider Onfido has been joined by FinTech companies Monese, Seedrs, Curve and B-Social in a sandbox run by the Financial Conduct Authority (FCA).