RegTech

WebID secures majority investment from private equity firm

Digital identification technology developer WebID has received a majority investment from AnaCap, a mid-market private equity firm.

Zeidler appoints head of legal team for new Paris office

Technology-driven law company Zeidler Group has named Valentin Chantereau as its head of legal at its newest European office in Paris.

FBI warns food and agriculture sector about ransomware attack increase impact

The FBI has issued a notification warning firms in the food and agricultural sector about the climbing number of ransomware attacks and how they impact the food supply chain.

Nigerian central bank to launch new CBDC through Bitt collaboration

The Central Bank of Nigeria (CBN) is teaming with Barbados-based FinTech Bitt to introduce a new central bank digital currency (CBDC) called eNaira.

The FSA moves forward with potential new climate risk disclosure regulation

A new regulation by Japan’s Financial Services Agency (FSA) may lead to the introduction of mandatory climate-risk related disclosures by March 2022.

UK financial watchdog issues fresh warnings on crypto risks after Kimmie K’s Insta post

UK watchdog Financial Conduct Authority (FCA) has fired a warning shot at the cryptocurrency industry, signalling it could soon come under greater regulatory scrutiny.

Sextortion attacks costing victims over $8bn a year, FBI claims

The FBI has claimed sextortion complaints have seen a ‘massive increase’ since the start of 2021, with the total financial losses accounting for over $8m.

Invidem launches KYC services in the Nordics

Invidem has launched its platform, which collects and verifies KYC information for corporate customers, in the Nordics.

Databricks reaches colossal $36bn valuation after Series H close

Data management company Databricks has raised a colossal $1.6bn in funding, upping its valuation to an eyewatering $38bn.

ModusBox, DocFox team up to improve onboarding

Open banking solution developer ModusBox has teamed up with SaaS-based automated onboarding tool DocFox to help banks and credit unions improve data access. The deal...

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