Payment Systems Regulator fines five companies in prepaid card cartel
The UK’s Payment Systems Regulator (PSR) has issued fines to Mastercard, allpay, Advanced Payment Solutions, Prepaid Financial Services and Sulion.
FCA slapped UK finance firms with £568m in fines in 2021
During a year of heightened financial crime, the Financial Conduct Authority (FCA) handed out £568m in fines during 2021.
Cybersecurity training platform SoSafe nab $73m
Cybersecurity and data protection platform SoSafe has reportedly raised $73m in its Series B funding round.
UK’s Payment Systems Regulator releases 5-year plan
The UK’s Payment Systems Regulator has released its five-year plan to support the payment services.
Communication monitoring startup Shield ends bootstrapping with Series A
Shield, an intelligence platform for compliance, has closed a $15m Series A round, which was led by Macquarie Capital and OurCrowd.
Industry experts react to UK’s new Crypto and Digital Assets Group
As cryptocurrencies continue to gain popularity around the world, the UK parliament has formed the Crypto and Digital Assets Group to support innovation and regulation of digital assets.
Security data platform Kharon joins Temenos Exchange
Kharon, a provider of research and data analytics of global security threats, has joined Temenos Exchange.
CyberTech Pentera hits unicorn status
Automated security validation platform Pentera has raised $150m in its Series C investment round, which was led by K1 Investment Management.
Austrian FinTech MOSTLY AI collects $25m to boost data protection
Austria-based MOSTLY AI, which aims to revolutionise how companies work with data, has closed its Series B funding round on $25m.
Starling pulls advertising on Facebook and Instagram for fraud concerns
Starling Bank has pulled all of its paid advertising on Facebook and Instagram due to concerns regarding fraudsters on the platforms.