Majority of UK financial institutions putting priority on cybersecurity – Lloyd’s research claims

Majority of UK financial institutions are prioritising cybersecurity technology as risk increases, a Lloyd’s bank study claims.

Global regulators to grill Facebook about its planned Libra project

Representatives from Libra will be interviewed by officials from 26 global central banks on Monday in a bid to ease worries about its impact on the financial market. At the same time, investor interest in crypto seems to waning.

Middesk nets $4m in seed round led by Accel

Business verification and risk assessment platform Middesk has netted $4m in its seed funding round led by Accel Partners.

Software developer Element AI bags $150m in its Series B round

Element AI, a developer of AI-powered solutions for financial services and cybersecurity, has bagged CAD $200m ($150m) in its Series B.

Nearly half of UK consumers likely to abandon multi-step authentication processes – Forter claims

Nearly half of UK consumers are likely to abandon future purchases if they are faced with a multi-step authentication process, a study from Forter claims.

Kovrr secures $5.5m in financing to support global growth

Kovrr, a cyber risk modelling company, has secured $5.5m in a financing round which will foster the startup’s global growth.

Cloud security company Lacework raises $42m in funding round

Lacework, a cloud security platform, has raised $42m in funding round Sutter Hill Ventures and Liberty Global Ventures.

Shape Security closes funding round which sees it join the unicorn club

Bot and online fraud mitigation platform Shape Security has raised $51m in a new growth funding round, which brings its valuation to $1bn.

C2A Security and NXP create cybersecurity solution for cars

C2A Security, an automotive cybersecurity company, has announced a comprehensive automotive security solution developed in collaboration with NXP, the microprocessor enterprise.

What can be done to boost diversity in RegTech?

Maria Scott, founder and CEO of TAINA Technology, the RegTech startup, believes there is hope to boost diversity in the RegTech industry. She discussed this...

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