ThetaRay nets $31m in fresh capital to help grow its market reach
ThetaRay, which claims to accelerate cross-border payments between banks whilst protecting them from financial crime, has netted $31m in funding.
MAS launches a green finance taskforce to double down on sustainability in the FinTech...
A green finance task force convened by the Monetary Authority of Singapore (MAS) has issued a slew of initiatives for financial institutions to enhance climate-related disclosures and green capabilities.
The UK’s FCA has sent more than 4,000 staff on mandatory cybersecurity training
The UK’s Financial Conduct Authority (FCA) has sent over 4,000 staff on cybersecurity training to help combat online threats.
Bank of America reportedly agrees to settle in overdraft fees case
Bank of America has reportedly agreed to pay $75m in the settlement of a lawsuit, which accuses the bank of extracting overdraft fees it didn’t earn from customers with savings and checking accounts.
How will AI and automation disrupt the KYC and onboarding process for FinTech firms?
While banks have traditionally had a large workforce to complete the manual processes required for know your customer (KYC) and onboarding processes, embracing automation and modern technology is the way ahead. But where does that leave the future of RegTech?
How TAINA became a best in class RegTech
Having raised its largest round of funding yet amidst the pandemic, TAINA is now ramping up its international expansion plans.
VisibleRisk receives fresh investment from its founding companies
VisibleRisk, which helps businesses understand and manage cyber risk, has received a $25m investment from Moody’s Corporation and Team8.
NetSPI scores $90m in growth funding to support growth of its team
NetSPI, which offers enterprise penetration testing and attack surface management technology, has netted $90m in its growth funding round.
How automation technology can help banks stop increasing their spend on compliance
The current way banks are handling money laundering alerts is not sustainable. If they do not want to continue rapidly expanding compliance teams each...
Cybersecurity platform Panaseer hits $26.5m close on its Series B round
Panaseer, which claims to be the first continuous monitoring platform for enterprise security, has scored $26.5m in its Series B round.
