Could corporate venturing be a ‘failed effort’?
Most corporate venture capital divisions will disappear over the next five years, according to RegTech Lab co-founder L. Michael Meyer on a panel at the Global RegTech Summit 2018.
Lightspeed Venture Partners closes pair of funds, totaling $1.8bn
Lightspeed Venture Partners has closed its twelfth fund on $750m alongside $1.05bn for its third vehicle targeting later-stage deals.
AT&T strengthens cybersecurity offering with AlienVault purchase
AT&T is set to purchased AlienVault, a San Mateo, California-based cybersecurity business.
Parker Fitzgerald makes two hires to bolster Cyber Risk and RegTech
Parker Fitzgerald, a strategic advisor and consulting partner to financial institutions, has expanded its Cyber Risk and RegTech practices with two new hires.
NYDFS adopts new regulation for consumer credit reporting & cybersecurity
The New York Department of Financial Services has implemented new regulation, which requires registration of consumer credit reporting agencies and compliance with cybersecurity.
UK regulators calls for banks to avoid IT failures
UK regulators have given British financial service firms three months to explain how they can avoid damaging IT breakdowns and respond to cyber-attacks.
Regulations are taking resources away from Cybersecurity
Regulations are sapping resources and distracting financial institutions away from their cyber defences according to panellists at the Global RegTech Summit 2018.
FCA expands regulatory sandbox with new cohort
The Financial Conduct Authority has expanded its regulatory sandbox, adding a number of RegTech’s to the initiative's fourth cohort.
Bank picks InfiniDome to protect timing servers
Cybersecurity company InfiniDome has been picked by one of the top three commercial banks in Israel.
ThetaRay collects $30m to fight financial crime
ThetaRay, which uses AI and big data to prevent financial crime, has completed a fund-raising round of over $30m.
