RegTech

Network International, an enabler of digital commerce in the MENA region, and Carrefour have implemented the Face Pay face verification platform for payments.

In the face of current economic tribulations, companies are tightening their belts, seeking value in every pound spent. At the same time, criminal activity, particularly financial crime, escalates during such precarious times, amplifying the demand for effective and resilient financial crime mitigation programmes.

The Financial Conduct Authority (FCA) has published a discussion paper to seek perspectives on future sustainable governance.

VulnCheck, a vulnerability intelligence startup, has raised $3.2m for its seed round. The round was led by Sorenson Ventures.

South Africa-based Sendmarc, which protects against email impersonation, has reportedly raised $7m in its Series A round, as it looks to expand its team globally. 

The US Securities and Exchange Commission (SEC) has revealed that ESG investing will be a key focus in its Division of Examinations in 2023.

Canada-based cybersecurity SaaS platform Beauceron Security has received a growth capital facility from CIBC Innovation Banking.

The US and the UK have imposed sanctions on seven members of the Russian hacking group Trickbot, according to Finextra.

Quality assurance is a key part of managing risk in finance. However, with evolving regulatory requirements, manual QA isn’t cutting it.

Opscura, an industrial control systems cybersecurity company, has scored $9.4m in a Series A funding round.