Cybersecurity VC Glilot Capital secures $500m fund
Israeli venture capital firm Glilot Capital, one of the country’s top-performing funds with a focus on cybersecurity, AI and enterprise software, has secured $500m...
Mycroft secures $3.5m to scale AI security platform
Mycroft, a company specialising in AI-powered enterprise solutions, has officially emerged from stealth with fresh backing.
The firm has raised $3.5m in a seed funding...
Regulators tighten oversight of RegTech solutions
Regulators around the world are increasing their scrutiny of RegTech solutions, with several supervisory bodies issuing detailed opinions on how such technologies should be...
Understanding SOF and open banking in finance
When dealing with financial checks, many people encounter terms that can sound more technical than they really are. Two of the most common are...
Zeidler supports Nomura’s sustainable AIF debut
Nomura Asset Management EU (NAM EU) has launched a French Alternative Investment Fund (AIF) with a strong sustainability focus, achieving the coveted Socially Responsible...
Are false negatives a silent threat inside AI-powered compliance?
It is easy to get swept up in the power of AI and believe its word is gospel. The technology has quickly evolved into...
Netskope bags $908m IPO, valuation climbs to $8.6bn
California-based Netskope, a leading secure access service edge (SASE) solutions provider, has raised more than $908m through its IPO.
According to Security Week, the cybersecurity...
Sales tax compliance firm Numeral bags $35m Series B
Numeral, an AI-powered sales tax compliance platform, has announced fresh funding as it seeks to transform one of the most complex areas of business...
How FinCEN enforces BSA AML rules in the US
The Bank Secrecy Act (BSA), passed by the US Congress in 1970, established the foundation for anti-money laundering (AML) compliance in the financial sector....
PwC UK and Shield join forces on comms surveillance
Shield and PwC UK have announced a strategic collaboration to transform the way institutions approach communications compliance.
The partnership aims to help financial institutions modernise...
