RegTech

How open banking and improved data sharing can change insurance

‘Data exchange is fundamentally a value exchange’ and proving this to customers will help to enhance the insurance industry, according to Milan Sud, head of Innovation at AXA Partners UK.

Tessian pulls in $42m in Sequoia-led Series B round

Machine intelligent security platform Tessian has raised $42m in a Series B funding round led by Sequoia.

Socure nets $30m Series C to accelerate market expansion

Socure, an identity verification and fraud prevention company, has netted $30m in its Series C round led by Scale Venture Partners.

Cybersecurity-focused Forgepoint Capital seeks $400m for Fund II

Cybersecurity-focused VC Forgepoint Capital has returned to the fundraising market with intention of gathering $400m for its second fund.

SoftBank, TBCASoft work together to create blockchain-based identification services

SoftBank and TBCASoft have launched a blockchain-based identification and authentication working group under the Carrier Blockchain Study Group (CBSG).

Data breaches reported by UK financial services increases by 480%

The amount of data breaches reported by UK financial services to the Financial Conduct Authority (FCA) increased by 480 per cent last year, a study from RPC claims.

Stellar Cyber rebrands from Aella Data, closes Series A

Cybersecurity analytics provider Aella Data has rebranded itself as Stellar Cyber and closed its Series A on $13.2m.

Cequence Security scores $17m in Series B led by Dell

Application security software developer Cequence Security has scored $17m in its Series B round, bringing its total funding efforts to $30m.

SpyCloud closes $21m Series B to support product and team expansion

SpyCloud, a company specialising in account takeover prevention services, has bagged $21m in Series B funding.

Ionic Security raises $40m Series E round amid partnership drive

Data security start-up Ionic Security has raised $40m in a Series E funding round led by JPMorgan Chase & Co, as the company secures a number of strategic partnerships.

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