Antivirus firm NortonLifeLock set to snap up Avast in $8.6bn deal
Consumer antivirus company NortonLifeLock has entered an agreement to purchase competitor Avast in a deal valued between $8.1bn and $8.6bn.
Kroll introduces new KYC solution to strengthen checks, onboarding efficiency
US firm Kroll has introduced Kroll Business Connect, a new know-your-customer (KYC) tool to bolster the onboarding efficiency and KYC checks.
Israeli cybersecurity firm SIGA snares $8.1m in Series B round
Operational technology cybersecurity business SIGA OT Solutions has secured funding of $8.1m from a Series B capital raise.
LedgerEdge teams up with Eventus to boost global trade surveillance
Blockchain-based corporate bond trading startup LedgerEdge has selected multi-asset class trade surveillance and market risk solutions provider Eventus Systems for its trade surveillance platform dubbed Validus ahead of its launch.
Japanese Financial Services Agency steps up plans to establish new ESG framework
The Japanese Financial Services Agency (FSA) has revealed it is planning to develop a new framework for the certification of ESG-related products.
Why increased regulation and compliance requirements might be a concern for FinTechs
Regulatory compliance is constantly changing and creating a ripple effect with consequences impacting the global financial sector. While keeping up with the changes can be challenging, FinTechs must have solid risk management controls in place to ease this burden.
US Senate report finds government agencies failing to improve cyber posture
A report published by US Senate Committee has found only one of eight federal agencies showed improvements in strengthening their cybersecurity programs.
Bank of Korea set to kick-off central bank digital currency pilot
The Bank of Korea (BOK) has revealed it is planning to initiate its central bank digital currency (CBDC) pilot later this month.
Plaid to pay $58m to settle a class-action lawsuit centered on data privacy
Plaid agreed to pay $58m to settle a class-action lawsuit where consumers' claimed that the financial technology company obtained and used bank account credentials and financial...
SEC charges two men for allegedly misleading consumers with sales of securities
The US Securities and Exchange Commission (SEC) has charged two men and their Cayman Islands-based company for unregistered sales of over $30m of securities through smart contracts and decentralised finance (DeFi) technology.
