Bank of England to crack down on banks who lack climate risk capital
The Bank of England (BofE) has revealed it intends to crack down on banks and insurers who fail to hold enough capital to cover risks from climate change from next year.
2021 set to be costliest year on record for ransomware attacks
Ransomware threat intelligence firm SonicWall has found 2021 will be the most expensive and dangerous year on record for ransomware attacks, with 495 million logged already.
TAINA backed by HSBC and Deutsche Bank in significant funding raise
TAINA Technology has secured investment from Deutsche Bank and HSBC Asset Management’s Financial Technology Venture Capital Fund in a recent funding round.
APLYiD nets NZD $7m from Octopus Ventures-led Series A
RegTech firm APLYiD has secured NZD $7m from a Series A funding round to take its customer onboarding software global.
Digital currency pilot begins in Nigeria with eNaira launch
The Central Bank of Nigeria (CBN) has unveiled its central bank digital currency (CBDC) eNaira in its pilot study named Project Giant.
Sonrai Security inks $50m Series C to scale cloud security for global firms
New York-based cloud security company Sonrai Security has raked in $50m from a Series C funding round led by ISTARI.
FTC study highlights internet provider failings to protect consumers
A study published by the Federal Trade Commission (FTC) has found that internet service providers (ISPs) are failing to disclose to consumers how they are protecting their privacy.
ComplyAdvantage, Elliptic partner for “industry-first” crypto risk management tool
Anti-financial crime platform ComplyAdvantage has teamed up with cryptoasset risk management solution developer Elliptic to release a new blockchain analysis and transaction monitoring tool.
Quantexa updates data analytics platform to help firms tackle growing data volumes
Data and analytics software business Quantexa has unveiled the latest release of its data analytics platform to help companies tackle the rapid proliferation of data.
Digital Management Holdings receives strategic funding from private equity firm
Digital Management Holdings (DMI), a digital transformation company, has received a strategic investment from private equity firm OceanSound Partners.