Home RegTech Identification/Background checks

Identification/Background checks

ComplyAdvantage extends AML program to US and Canadian FinTechs

Financial crime detection firm ComplyAdvantage has expanded its anti-money laundering (AML) program ComplyLaunch to help FinTech startups in the US and Canada.

Ransomware demands shoot up by over 500% in first half of 2021

A recent report by Allianz has found that scammers demanded an average payment of $5.3m from hacking victims during the first six months of 2021.

Black Kite raises $22m to meet rising vendor risk management demand

Cyber risk company Black Kite has raised $22m from a Series B funding round led by Volition Capital.

Cyber insurer At-Bay inks further $20m to extended Series D

Cyber insurance platform At-Bay has extended its Series D funding round with a further $20m raise.

FCA issues guidance to firms on hybrid working challenges

The Financial Conduct Authority (FCA) has issued new guidance to businesses operating remote or hybrid working models.

Cyber black hole in US property insurance market could trigger over £12bn in losses

A study by CyberCube, AM Best and Aon has found a hidden cyber risk in the US property insurance market could trigger over $12.5bn in losses for the industry.

Appetite for biometric payment cards growing in France

A survey by biometrics company Fingerprints has found there is a growing desire amongst French consumers for biometric payment cards.

Iran-linked hackers found to have targeted US, Israeli maritime and defence firms

Microsoft have shared hackers sympathetic to Iranian national interests have been targeting US and Israeli defence technology and global maritime businesses.

Contractors who fail to report breaches can be sued under new US DOJ initiative

A new initiative will allow US government contractors to be accountable in a civil court if they fail to report breaches or maintain required cybersecurity standards.

Security firm Gabriel nets $12m from SoftBank-led Series A

Sao Paulo-based company Gabriel has snagged $12m from a Series A funding round led by the SoftBank Latin America Fund.
86083

50,000+ RegTech leaders get exclusive industry stories delivered every week