FCA slaps Lloyds Bank’s insurance division with £90m fine for misleading customers
The Financial Conduct Authority (FCA) fined the insurance division of Lloyds Bank £90.7m for sending misleading renewal quotes to nine million customers.
The regulator stated...
Two fifths of UAE consumers experience online fraud attempts
Two fifths of consumers in the UAE have experienced an online fraud attempt, of which, half would contact law enforcements if it is successful.
Consent management platform Didomi nets $40m in Series B funding
Didomi, which makes managing consent for customer data easier, has bagged $40m in its Series B round, which was led by Elephant and Breega.
Organisations spend around $1.7m each minute on combating cyber threats
There are around 648 cyber threats every minute and this crime costs organisations $1.7m each minute, according to a study from RiskIQ.
Blockpit nets $10m to support international expansion of crypto tax reporting service
Blockpit, which offers tax reporting and portfolio tracking services for cryptocurrency, has scored $10m in its Series A.
Moneyhub said to close $18m funding round to aid expansion efforts
Open finance hub Moneyhub has reportedly collected $18m in a funding round to support its expansion into new markets.
KYC Portal deploys technology into ARIE Finance to accelerate onboarding
KYC Portal has deployed its compliance tools into ARIE Finance to accelerate the onboarding of corporate clients, whilst meeting global regulatory compliance.
Klarna under fire by Swedish watchdog for bank secrecy breach
Sweden's financial watchdog Finansinspektionen is investigating payments firm Klarna over a potential breach of banking secrecy laws in connection with an IT incident at the firm...
The EBA issues technical standards for colleges of supervisors
The European Banking Authority (EBA) has issued the technical standards for colleges of supervisors for investment firm groups.
Digidentity launches remote identification tools
Digidentity has released a new remote identification tool suite to help clients improve their identification checks when face-to-face meeting is not possible.
