Broadcom set to snap up VMware in $61bn deal
Chipmaker Broadcom has agreed to acquire virtualisation firm VMware for approximately $61bn in cash and stock.
Why a contextual KYC approach can improve customer onboarding
The KYC and refresh process in financial services can often be heavily burdensome, complex and costly for companies, with processes still lacking up-to-date technologies.
The UK’s FCA discusses changes to companies listing in the UK
The UK’s Financial Conduct Authority has published a paper on potential reforms on how companies list in the UK, with the aim to attract more “high quality, growth companies and give investors greater opportunities.”
Twitter to pay $150m penalty for user privacy failures
Twitter will pay a $150m penalty due to allegations by federal regulations that the platform failed to protect the privacy of users’ data over a six-year span.
Xona Systems lands $7.2m in Series A haul
Xona Systems, a frictionless user access platform purpose-built for critical infrastructure, has scored $7.2m in Series A funding.
Crypto tax service ZenLedger picks up $15m
Cryptocurrency data analyses and tax platform ZenLedger has pulled in $15m for its Series B funding round.
Tidelift bags $27m to tackle supply chain security challenges
TideLift, a company on a mission to deal with open-source supply chain health and security, has snared $27m from a Series C funding round.
Managed intelligence company Nisos closes Series B
Managed intelligence company Nisos has scored $15m in its Series B funding round, which was led by global cyber investment firm Paladin Capital Group.
How AI can bolster the RegTech onboarding process
The rise of AI is happening across the majority of industries globally. However, it is seeing particularly powerful growth across the RegTech industry right now.
Majority of financial services companies plan to hire ESG specialist
A recent study has found 77% of respondents plan to hire an ESG specialist as they prepare for the UK’s new rules on sustainable investments to come into effect.