British Telecom leads $33m investment in Indian cybersecurity startup Safe Security
Cybersecurity startup Safe Security (earlier Lucideus) raised $33m in a funding round led by London-based British Telecom (BT), bringing the total amount raised to $49.2m.
Its existing investors, including former Chairman and CEO...
What do wealth managers really think of life in the front office?
A research report by Wealth Dynamix and Compeer has provided insights into how front office professionals view the client lifecycle management process.
Alessa whitepaper outlines key crypto know-how for financial institutions
Alessa by Tier 1 Financial Solutions has published a whitepaper detailing how financial institutions (FIs) can deal with the cryptocurrency market and manage its associated risks.
Varo Bank taps Quantifind’s AI platform for adverse screening, automated investigations
Varo Bank has selected financial crime investigation firm Quantifind’s Graphyte platform to optimise its adverse media screening and investigations automation performance.
Decentralised ID authentication platform Magic lands $27m for its ‘plug and play’ passwordless tech
Magic Labs (formerly Fortmatic), a decentralised identity startup that provides passwordless login solutions, has raised $27m in a Series A funding round.
Chinese hackers breached US pipelines between 2011 and 2013, joint advisory reveals
An advisory by the FBI and the Cybersecurity and Infrastructure Security Agency (CISA) has revealed Chinese state-backed hackers breached 13 US pipelines between 2011 and 2013.
EU plans to end cryptocurrency anonymity as part of AML plan
The European Commission has said it intends to end anonymity in cryptocurrencies and introduce a new anti-money laundering (AML) agency to crack down on financial crime.
How banks can offset their carbon emissions amid the current climate crisis
With the impending risk of climate change and its economic and financial impact, environmental sustainability has become a societal responsibility and business reality. However, financial institutions must do more to incorporate sustainability into their business strategies.
FBI warns of potential cyberthreats to 2020 Olympic Games
The FBI has warned of potential cyber threat actors targeted the upcoming Olympic Games in Tokyo this summer.
FCA takes action on debt packaging firms following review
A review by the Financial Conduct Authority (FCA) on the practices of debt packager companies has led to six firms stopping providing regulated debt advice.