RegTech

US launches inter-agency task force to tackle ransomware wave

The US government has introduced a new interagency task force aimed at combating the increasing challenge of ransomware on the United States.

Nethone secures $6.7m in Atmos-backed Series A round

Polish fraud protection firm Nethone has bagged $6.7m from a Series A funding round co-led by ARIA and Atmos Ventures.

SecurEnds eyes geographical expansion following $21m Series A

US cloud-native identity governance firm SecurEnds has closed a $21m Series A funding round led exclusively by venture capital company Elephant.

Why AI-powered adverse screening should be core software for FI’s

As risks of financial crime continue to rise in the digital world, companies will need to improve the use of technology-powered solutions. Adverse media screening is of growing importance and can offer more than just security.

CSS expands aosphere alliance to integrate data services with investment platform

Compliance Solutions Strategies (CSS) has expanded its collaboration with legal firm aosphere to integrate the latter’s market data services with CSS’ investment monitoring platform.

Research provides guide for financial services industry in reducing gambling harm

UK charity GambleAware has published a guide to help companies in the financial services market reduce gambling-related harm to customers.

Americans have lost a total of $487m through covid-19 related fraud incidents

Americans lost a total of $487.9m through fraud over the past 18 months in cases related to Covid-19, according to new data from the Federal Trade Commission.

Stytch snags $30m from Thrive Capital to improve security with passwordless authentication

Canada-based passwordless authentication company Stytch raised $30m in Series A funding led by Thrive Capital.

Met Police seize record £180m in cryptocurrency as part of suspected money laundering case

The Met Police have made the UK’s largest cryptocurrency seizure, taking nearly £180m in connection with suspected money laundering.

Virsec nabs $100m in highly subscribed Series C

Cybersecurity platform Virsec has secured $100m from a Series C funding round led by BlueIO.

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