Cybersecurity platform Arkose Labs scores $70m in its Series C round
Online fraud and abuse prevention technology developer Arkose Labs has scored $70m in its Series C funding round.
Compliance Systems launches new mobile-enabled online account opening solution
Compliance Systems has launched the first mobile-enabled online account opening solution, which enables financial institution customers and members to open accounts up to ten times faster, it claims.
Legion closes its Series C round on $55m
Workforce management company Legion has closed its Series C funding round on $55m, just nine months after it closed its Series B.
Bank of Israel opens consultation on potential digital shekel
The Bank of Israel has opened a public consultation on the potential issuance of a digital shekel.
FCA fines Sapien Capital for cum-ex trading financial crime control failings
The Financial Conduct Authority (FCA) has imposed a fine of £178,000 to an international sham trading scheme known as cum-ex.
DarkSide ransomware behind Colonial Pipeline incident, FBI claims
The FBI has declared that the cybercriminal behind the recent Colonial Pipeline was a ransomware variant known as DarkSide.
EPC kicks off malware platform pursuit to boost fraud sharing capabilities
The European Payments Council (EPC) has begun the search for a Malware Information Sharing Platform (MISP) to aid real-time fraud information sharing.
Largest US pipeline operations halted following ransomware attack
Operations at the Colonial Pipeline have been brought to a standstill following a ransomware cyberattack that affected some of its IT systems.
EBA launches consultation on money laundering, terrorism financing in the EU
The European Banking Authority (EBA) has introduced a public consultation on a database on anti-money laundering and countering terrorism financing (AML/CFT) in the EU.
More vigorous action needed on money laundering, BaFin tells Deutsche Bank
German financial regulator BaFin has told banking giant Deutsche Bank it needs to introduce stronger action on money laundering.