RegTech

US DoJ charges fraudsters for $1m NFT fraud scheme

Two fraudsters have been charged with conspiracy to commit wire fraud and conspiracy to commit money laundering through a non-fungible token (NFT) fraud scheme.

Sequoia Capital backs Skiff in $10.5m Series A

Skiff, a startup building an end-to-end encrypted collaboration platform, has raised $10.5m in Series A funding round.

Wing Security flies out of stealth with $26m

Israeli software-as-a-service security startup Wing Security has nabbed $26m in seed and Series A funding after coming out of stealth.

Brazil’s Cerc closes funding ahead of IPO

Brazil-based Cerc has reportedly raised $100m in funding as it gears up for an IPO.

Over half of consumers abandoned onboarding processes in 2021

More than half of consumers (68%) abandoned a financial application during the onboarding process in 2021, up from 63% in 2020, research from Signicat claims.

Sri Lanka set to develop green finance taxonomy

The Central Bank of Sri Lanka (CBSL) is developing a green finance taxonomy that will provide a framework for investment analysis when funding green projects.

Finicity, Fiserv partner to improve data sharing security

Finicity, a Mastercard company, and PayTech company Fiserv has teamed up to boost open finance through secure data sharing.

How innovative KYC practices can help financial institutions stand out

Wherever you look in the financial sphere, the competition is fierce. Attention is at a premium in the modern digital world, meaning financial institutions need to find a way to grab this attention with both hands.

Cyberpion nets $27m in early-stage funding

Cyberpion, an attack surface management specialist, has raked in $27m from a Series A funding round led by U.S Venture Partners.

Cloud data security firm Cyera launches from stealth with $60m

Cyera, a company that specialises in cloud data security, has arisen from stealth with $60m in funding to lead the ‘data-first revolution’ in cloud security.

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