Study finds AML compliance costing UK firms over £28bn a year
A study by LexisNexis Risk Solutions has found anti-money laundering (AML) compliance is costing UK financial institutions £28.7bn and will raise to £30bn by 2023.
Cyber firm SentinelOne eyes IPO price as it gears up for offering
Cybersecurity firm SentinelOne has revealed it intends to raise up to $928m on its initial public offering (IPO) as it anticipates an IPO price range of between $26 to $29 per share.
Bank of England FinTech chief underlines privacy, crime tackling benefits of CBDCs
The Bank of England (BofE) FinTech chief has said the introduction of a central bank digital currencies (CBDC) doesn’t require a trade-off between privacy and tackling financial crime.
How long can WealthTech firms resist the crypto FOMO?
Global stockbrokers, neobankers and financial institutions are all slowly onboarding crypto into their asset portfolio and it's probably a matter of time before WealthTechs do the...
US introduces first cyber czar to bolster government response to cybercrime
The United States Senate has confirmed Chris Inglis as the first-ever cyber czar for the US government.
Advens valued at €100m after latest investment
Cybersecurity company Advens has closed an investment from CAPZA Growth Tech, which values the business at €100m.
BearingPoint to create RegTech juggernaut with Vizor Software acquisition
BearingPoint RegTech has signed an agreement to purchase global tech firm Vizor Software for an undisclosed fee and subject to regulatory approvals.
Cyber firm Claroty rakes in $140m from Series D, unicorn status uncertain
US industrial cybersecurity company Claroty has raised $140m from a Series D funding round co-led by Bessemer Venture Partners’ Century II fund and 40 North Ventures.
EU tech law risks destroying iPhone security, Apple chief warns
The CEO of Apple has warned that a proposed new European Union technology law aimed at reigning in tech behemoths could ‘destroy the security of the iPhone’.
Cyber firm Threatray secures €2.3m to fuel team expansion
Swiss cybersecurity analytics enterprise Threatray has raised €2.3m from a funding round led by Verve Ventures.
