Cybersecurity solution provider SpiderOak snares $16.4m
Cybersecurity solution provider SpiderOak has collected $16.4m in its Series C funding round.
SEC charges Genesis and Gemini for unregistered crypto offer and sale
The SEC has charged Genesis and Gemini for the unregistered offer and sale of securities to retail investors through the Gemini Earn crypto asset lending program.
EBA publishes review on payment services directive authorisation
The European Banking Authority (EBA) has published its peer review on authorisation of payment institutions and e-money under the revised PSD2.
NSA director calls on Congress to renew intel licenses in light of cyberattacks
National Security Agency (NSA) director Paul Nakasone has said that intelligence authorities up for renewal this year have played a key role in the fight against cyberattacks.
FCA fines AI Rayan Bank £4m for AML failings
The UK’s Financial Conduct Authority (FCA) has fined another financial institution for anti-money laundering (AML) failings.
The ESAs publish 12 good practices for financial education
The three European Supervisory Authorities (ESAs) have published a joint thematic report on national financial education initiatives on digitalisation.
Why CDD is crucial in banking and beyond
Electronic IDentification, which offers KYC and AML software, has released a report exploring the role of CDD in banking.
Anti-fraud specialist Detected secures £2.5m in ongoing seed round
Detected, a FinTech specialised in extracting actionable anti-fraud data from enterprise payment accounts, has raised £2.5m in an ongoing seed round totalling £6m.
FCA fines GT Bank £7.8m for AML failures
The Financial Conduct Authority (FCA) has fined Guaranty Trust Bank $7.8m for serious deficiencies in its AML systems and controls.
Progressive Building Society joins forces with Jade ThirdEye to fight financial crime
Progressive Building Society has partnered with Jade ThirdEye to leverage its software-as-a-service (SaaS) solution to fight financial crime.