New York Fed, MAS link to explore wCBDCs for cross-border payments
The Federal Reserve Bank of New York and the Monetary Authority of Singapore (MAS) have linked to explore the use of wholesale CBDCs for cross-border payments.
Twitter CSO resigns as challenges grow for Elon Musk
Lea Kissner, the chief security officer at Twitter, has resigned alongside a number of other key privacy and security executives.
Most firms see their KYC processes as mediocre at best
The majority of organisations see the digital sophistication of their KYC approach as mediocre or poor, according to new research from Moody’s Analytics.
Island bags $60m for its enterprise browser
Island, which has built an enterprise browser that boosts online security and compliance, has closed a $60m extension to its Series B round.
MEPs approve new stricter cybersecurity rules
New rules requiring EU countries to meet stricter supervisory and enforcement measures as well as harmonising sanctions have been approved by MEPs.
Research paper outlines legal authority for bank use of stablecoins
The Clearing House has released a research paper that analyses the legal authority and policy considerations for banks’ engagement in stablecoin-related activities.
Veriti arises from stealth with $18.5m
Veriti, a security posture management company, has emerged from a period of stealth with $18.5m raised in two funding rounds.
Why cyber risk is a core part of ESG
As COP27 takes place, it is a reminder of how interweaved ESG will be in the future of the financial marketplace. KYND, a cyber risk technology developer, has released a report exploring the unsung hero of ESG – cyber risk.
CyberTech Wib bags $16m to accelerate growth
Wib, a cybersecurity firm focused on API security, has landed $16m in a funding round led by Koch Disruptive Technologies.
Lab 1 rakes in £1m from funding raise
Lab 1, a UK-based firm focused on cyber intelligence, has bagged £1m in a recent investment raise.