Cybersecurity startup Blumira raises $10.3m in its Series A round
Blumira, a provider of automated threat detection and response technology, has raised $10.3m in its Series A round, which will help it bolster its technology innovation.
OECD offers policy recommendations for AI regulation in financial services
The Organisation for Economic Co-operation and Development (OECD) has published a new report offering policy advice on the regulation of AI in financial services.
Compliance firm PolicyCo bags $1.5m in seed funding
RegTech firm PolicyCo has raised $1.5m in a seed funding round led by venture capital and management firm Powered Health.
Spend on Australian cards dipped in 2020, but value of fraud increased
Overall spend on Australian cards in 2020 was down by 2.2% - the first recorded drop – but the overall value of card fraud increased by 0.6%.
Over three-quarters of retailers have seen fraud increase during the pandemic
A survey by fraud prevention solutions provider Riskified has found 82% of retailers believe they have seen a climb in fraud attempts since the start of the Covid-19 pandemic.
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.
