ESMA outlines its five-year strategy
The European Securities and Markets Authority (ESMA) has published its strategy that will span from 2023 to 2028.
FSB outlines proposals for greater cyber reporting convergence
The Financial Stability Board (FSB) has recently established proposals to ensure greater convergence in cyber incident reporting, according to Finextra.
CyberTech OutThink lands $10m in seed funding
OutThink, a security-focused company, has scored $10m in a seed funding round headed by investor AlbionVC.
Travel and expense management fraud to rise, as will fraud
Total revenue generated by travel and expense (T&E) management is expected to reach $16bn by 2027, rising from $8.7bn in 2022.
SecondSight secures $3m, exits stealth to shake up cyber insurance
Cyber insurer SecondSight has exited stealth with the launch of its AI-driven platform and an oversubscribed $3m seed round.
38% of firms lack knowledge on FCA’s new Consumer Duty
Over a third (38%) of firms have limited knowledge of the FCA’s new Consumer Duty, with many turning to technology and data to solve their woes.
SEC slaps real estate firm with $600m fine for ponzi scheme
The Securities and Exchange Commission (SEC) has charged National Reality Investment Advisors and four of its former execs for running a ‘ponzi-like scheme’.
FCA hits Gatehouse Bank with £1.5m fine
The FCA has fined Gatehouse Bank over £1.5m for substantial weaknesses in its financial crime system and controls.
72% of people prefer face verification for online transactions
Seven-in-ten (72%) of consumers prefer to use face verification to secure online transactions, according to a report from iProov.
ZEDRA taps Clausematch for policy management platform
ZEDRA, a firm that provides active wealth, pensions and incentives and fund solutions, has linked with Clausematch to adopt its policy management platform.