Legion closes its Series C round on $55m
Workforce management company Legion has closed its Series C funding round on $55m, just nine months after it closed its Series B.
Bank of Israel opens consultation on potential digital shekel
The Bank of Israel has opened a public consultation on the potential issuance of a digital shekel.
FCA fines Sapien Capital for cum-ex trading financial crime control failings
The Financial Conduct Authority (FCA) has imposed a fine of £178,000 to an international sham trading scheme known as cum-ex.
EPC kicks off malware platform pursuit to boost fraud sharing capabilities
The European Payments Council (EPC) has begun the search for a Malware Information Sharing Platform (MISP) to aid real-time fraud information sharing.
EBA launches consultation on money laundering, terrorism financing in the EU
The European Banking Authority (EBA) has introduced a public consultation on a database on anti-money laundering and countering terrorism financing (AML/CFT) in the EU.
Lanistar finally secures FCA approval following earlier setback
UK FinTech Lanistar has secured Financial Conduct Authority (FCA) approval to operate as an Electronic Money Directive (EMD) agent of payments business Modulr.
ClearBank partners with Napier to boost its AML and screening capabilities
Cloud-based clearing bank ClearBank tied up with AML/CTF and trade compliance tech provider Napier for its advanced transaction screening system in a bid to boost its security.
Under Armour to pay $9m to settle SEC revenue probe for misleading investors
Sports apparel company Under Armour has settled with the Securities and Exchange Commission (SEC) and agreed to pay $9m in fines related to misleading its revenue growth to investors from the third quarter of 2015 through the fourth quarter of 2016.
Prevailion scores strategic investment to support its expansion efforts
Prevailion, a cyber adversary intelligence provider, has closed a strategic investment round led by Allstate Strategic Ventures.
ID verification platform provider Persona inks $50m to build its personalised solution
San Francisco-based identity infrastructure company Persona nabbed $50m in a Series B funding round led by Index Ventures with participation from existing investor Coatue.
