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.
Spend on Australian cards dipped in 2020, but value of fraud increased
Overall spend on Australian cards in 2020 was down by 2.2% - the first recorded drop – but the overall value of card fraud increased by 0.6%.
Pngme gears up hiring efforts following Series A close
Pngme, a financial data management platform, has closed its Series A round on $15m to support the growth of its global team.
Fenergo acquired by European private equity firms in $600m deal
Irish RegTech firm Fenergo has been successfully acquired by private equity firms Astrong and Bridgepoint in a $600m agreement.
Napier deploys its transaction monitoring technology into crypto payment company
Napier, a supplier of advanced anti-financial crime compliance tools, has implemented its AI technology into cryptocurrency payments service BCB Group, to improve anti-fraud capabilities.
Serbia-based Trickest closes seed round to spur hiring drive
Serbia-based cybersecurity platform Trickest has reportedly raised €1.4m in its seed round, which will accelerate its recruitment efforts.
