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Financial Crime/Fraud Prevention

How to detangle the spiders web of threat detection

When monitoring transactions, the huge amount of data being directed at companies can sometimes become too much. With such a high level of data coming at these businesses, this can lead the data to become tangled and hard to break down in a more simple, readable way.

FCA locks in changes to BNPL terms to cut consumer risk

The Financial Conduct Authority (FCA) has secured changes to potentially damaging terms in the contracts providing by a select number of buy now, pay later (BNPL) firms.

Cyber firm Titaniam bags $6m seed financing

Data protection and privacy company Titaniam has secured $6m from a seed funding round led by Refinery Ventures.

US Justice Department performs $3.6bn cryptocurrency seizure

The US Department of Justice (DoJ) has undertaken a seizure of $3.6bn in cryptocurrency in what is being described as its largest-ever financial seizure.

North Korea stealing millions through cyber-attacks, claim UN experts

North Korea is continuing to steal hundreds of millions of dollars from financial institutions, exchanges and crypto firms, according to UN experts.

Forensics-powered CyberTech company nets $10m

Binalyze, an enterprise forensics platform that arms clients against cyber threats, has bagged $10m in its seed funding round.

US unveils cyber safety review board in public-private collaboration

The Department of Homeland Security (DHS) have launched the first ever cyber safety review board with the goal of boosting cybersecurity in the US.

Passage arises from stealth with $4m and beta product launch

Cybersecurity company Passage has secured $4m from a funding raise after emerging from a period of stealth.

CyberTech firm PlexTrac scores $70m Series B

Cybersecurity firm PlexTrac has secured $70m from a Series B funding round headed by Insight Partners.

UK Treasury Committee calls for government action on fraud and scam surge

A new report by the UK’s Treasury Select Committee has called on the government to work harder to tackle the ‘growing fraud epidemic’ in the UK.

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