RegTech

Cloud security company Ermetic raises $17.25m in its Series A round

Cloud access risk security startup Ermetic has raised $17.25m in its Series A round to support its go-to-market efforts.

FCA updates its guidance to ensure financial firms treat vulnerable customers fairly

As more than 24 million people across the UK find themselves in a vulnerable position, the country's top financial markets watchdog is proposing new protection.

Prove acquires Early Warning Services’ mobile authentication lines of business

Identity authentication platform Prove, formerly known as Payfone, has acquired mobile authentication lines of business from Early Warning Services, a consortium owned by seven big banks.

First-party fraud is now 50% more common than third-party fraud

First-party fraud, or “friendly fraud”, is now 50% more common than third-party fraud, according to a report from Fraud.net.

Automated data discovery platform Explorium secures $31m Series B

Explorium, a data science solution powered by automated data discovery, has closed its Series B on $31m.

UK Fintech Curve selects Onfido to provide streamlined onboarding for its customers

Banking platform Curve has partnered with Onfido, the global identity verification and authentication company, to speed up its client onboarding compliance processes.

Cybersecurity training platform RangeForce scores $16m in its Series A funding round

RangeForce, a cloud-based cybersecurity training service, has scored $16m in its Series A round which will help it focus on global growth.

Visa and Mastercard fined Wirecard for suspicious transactions

While the Wirecard scandal truly came to light this summer, it seems as if Mastercard and Visa have been concerned for many years about the now insolvent FinTech giant.

ComplyAdvantage closes $50m Series C to fuel expansion drive

Financial crime fighting tech company ComplyAdvantage has secured $50m in a Series C funding round that brought the total investment injected into it to $88m.

Data managers fear their cybersecurity is not as strong as their bosses think

Most executives believe their cybersecurity is up to snuff, but their data managers are not as certain, according to new research from Exonar.

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