Anti-phishing software Pixm nets $4.3m
Anti-phishing software Pixm has raised $4.3m in its oversubscribed seed funding round.
Could a digital identity framework deepen financial exclusion?
The UK government recently conducted a consultation on the introduction of a common digital identity framework. However, recent research conducted by RegTech firm PassFort has found a lack of understanding among respondents as to what the framework is and what it means for them.
Why dynamic risk assessments are a must for AML/KYC
As pressures continue to rise for financial institutions to meet mounting anti-fraud regulatory requirements, dynamic risk assessments will become more vital.
UK’s CMA warns Monzo over banking order breach
The UK’s Competition and Markets Authority (CMA) has warned Monzo over a breach of retail banking regulations.
EBA unveils new central database for AML and CFT
The European Banking Authority (EBA) has launched EuReCA, a new central database for anti-money laundering and counter-terrorism financing.
FCC revokes Chinese telecom provider licence due to security risks
The Federal Communications Commission (FCC) has revoked China Unicom Americas’ licence due to ‘serious national security concerns’.
Talon Cyber Security gets claws on $43m round
Browser-based cybersecurity platform Talon Cyber Security has extended its funding to $43m.
Americans lost $770m from social media scams in 2021
Reports received by the Federal Trade Commission have found US citizens were scammed to the tune of $770m through social media cons during 2021.
Myanmar to seek ban on digital currencies, VPNs in new cyber law
The military junta leading Myanmar has drafted a cybersecurity law that would ban the use of VPNs and digital currencies.
Risk management software Supply Wisdom collects funding
Risk intelligence and risk actions platform Supply Wisdom has collected investment funding to scale across geographies.