Sikoia collects $2.3m to support launch of platform later this year
Sikoia, a unified data platform for financial services, has collected $2.3m in its pre-seed funding round, ahead of its launch later this year.
Four individuals charged for alleged $150m bank fraud scheme
Four individuals have been charged with conspiring to deceive banks and credit card companies to process over $150m in fraudulent payments.
BreachQuest continues development of first modern incident response solution with seed funding
Incident response technology developer BreachQuest has bagged $4.4m in its seed round, which will support its product launch.
SEC and DOJ charge ex-CEO of Silicon Valley startup HeadSpin with $80m fraud
The Securities and Exchange Commission (SEC) charged the former CEO of HeadSpin Manish Lachwani with defrauding investors out of $80m by falsely claiming the company had achieved strong and consistent...
SEC fines Healthcare Services Group $6m over contingency reporting lapses
Healthcare Services Group agreed to pay $6m as part of a settlement with the Securities and Exchange Commission (SEC) for contingency reporting failures that led...
MAS, US Treasury pledge deeper collaboration in cybersecurity in new MoU
Monetary Authority of Singapore (MAS) and the US Treasury have inked a series of memorandums of understanding (MOUs) to widen their collaboration in cybersecurity...
Value of AML fines grow fivefold in 2020
There were 45 fines for AML failures issued globally during 2020, which matched the levels of 2019, and 2021 looks set to match this figure, according to a report from Kroll.
Compliance management startup Regology secures $8m in its Series A
Regology, which automates enterprise compliance processes through AI, has netted $8m in its Series A funding round.
Nearly $1bn was issued in AML, KYC and data privacy fines during H1 2021
A total of $937.7m has been issued in fines for non-compliance with anti-money laundering, know your customer and data privacy regulations, in H1 2021.
SEC sues three former Netflix engineers over insider trading on subscriber numbers
Three former Netflix software engineers and two associates were charged with insider trading in a multi-million-dollar scheme that used inside information on the streaming giant’s subscriber growth, the Securities and Exchange Commission (SEC) said.
