RegTech

Emerson, the technology and engineering company, has opened the doors of its latest cybersecurity lab in Pune, India.

Digital Identity platform Yoti has raised £8m in a new round which has valued the company at £82m.

Most banks in Denmark will be ready for PSD2 by its implementation date, although the quality of the APIs will be debated – and there are concerns around the readiness for Strong Customer Authentication (SCA), according to Tobias Thygesen director of FinTech, payment services and governance division at Finanstilsynet.

The UK Gambling Commission has penalized betting company Ladbrokes Coral Group for not putting up enough safeguards against money laundering and gambling harm. But it’s not finished yet.

Edge Delta, a Seattle-based analytics platform, has collected $3m in its Seed round led by MaC Venture Capital and Amity Ventures.

New Israeli regulations force businesses and non-profits to report serious hack attacks to the authorities. However, only two-thirds were reported in the first year of the law being enforced.

Cymatic has closed its seed funding round on $4.5m to support development of its entity behaviour analytics services.

Europe’s political top dogs have laid out the EU’s regulations regarding cross-border financial services trade. For Britain, this could mean stricter rules when the country leaves the EU.

Prevailion, a cybersecurity platform designed to change how firms approach risk mitigation, has netted $10m in its Series A.

FNA, which supplies risk management services to financial institutions, has netted $5.5m in its Series A round.