Why video communication tools may pose security and compliance risks for firms
A blogpost by RegTech firm Cognitive View has detailed the security and compliance risks that come with using video communication tools while working remotely.
Pngme gears up hiring efforts following Series A close
Pngme, a financial data management platform, has closed its Series A round on $15m to support the growth of its global team.
Korean FSC to create virtual asset division in its financial intelligence unit
South Korea’s Financial Services Commission (FSC) has revealed it is set to establish a virtual asset division within the Korea Financial Intelligence Unit (KoFIU).
Interpol warns of cybercriminals using vaccine scams to defraud governments
Interpol has warned that organised crime groups are attempting to defraud governments by offering fake Covid-19 vaccine deals.
T-Mobile confirms data breach after 100 million customers compromised
T-Mobile has confirmed it has suffered a data breach after hackers obtained records of up to 100 million of its customers and is offering to put them up for sale.
Fenergo acquired by European private equity firms in $600m deal
Irish RegTech firm Fenergo has been successfully acquired by private equity firms Astrong and Bridgepoint in a $600m agreement.
Napier deploys its transaction monitoring technology into crypto payment company
Napier, a supplier of advanced anti-financial crime compliance tools, has implemented its AI technology into cryptocurrency payments service BCB Group, to improve anti-fraud capabilities.
Baffle closes Series B to capitalise on year of strong growth
Baffle, which claims to offer universal data protection, has scored $20m in its Series B round, which will support it bolster its product development.
Serbia-based Trickest closes seed round to spur hiring drive
Serbia-based cybersecurity platform Trickest has reportedly raised €1.4m in its seed round, which will accelerate its recruitment efforts.
CBIRC demands insurance company self-checks in management crackdown
The China Banking and Insurance Regulatory Commission (CBIRC) has called on online insurance firms to conduct self-assessments to identify violations and make corrections.