DoJ files suit to block Visa’s acquisition of Plaid

Visa's $5.3bn acquisition of Plaid was supposed to be one of the biggest FinTech deals this year, but the US Department of Justice seems dead set against it and has filed a suit to stop the deal.

Stairwell secures $4.5m investment

Cybersecurity company Stairwell has bagged $4.5m in a seed round led by Accel.

Osome has secured $3m in investment

RegTech and accounting app Osome has netted $3m in a new funding round.

Almost half of financial services firms have suffered a hack attack since the pandemic...

Hack attacks are on the rise with 45% of financial services firms having experienced an attack ever since the Covid-19 crisis began, according to new research.

Chinese regulators halt Ant’s IPO

The Ant Technology Group's public listing was expected to be the biggest IPO ever, but now Chinese regulators have suspended the stock market debut.

Allica Bank taps Sphonic to help it prevent financial crime

Having only launched earlier this year, Allica Bank has now picked Sphonic to manage its financial crime fighting efforts

ESMA criticises German regulators on how they supervised Wirecard

German regulators didn't do enough when they supervised the collapsed FinTech giant Wirecard, the EU’s securities markets regulator reports.

Notorious ransomware group Maze calls it quits

Maze, one of the most infamous data-stealing groups, has said that they are closing up shop, but the cybersecurity community is hardly convinced.

Mastercard unveils new AI-powered suite enabling banks to assess cyber risk

Cyber Secure is Mastercard's new AI-powered suite of tools enabling banks to assess cyber risk across their ecosystem and prevent potential breaches.

The FCA announce new Covid-19 guidelines for credit companies may be incoming

On Saturday, prime minister Boris Johnson announced that England would go into a second national lockdown. On the back of that, the to City watchdog has asked credit businesses to prepare for new guidelines.

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