Infrastructure & Enterprise Software

Infrastructure & Enterprise Software

FCA allows Wirecard to resume operational activities

Last week the UK's top financial markets watchdog ordered Wirecard to freeze all of its regulated activities in the country. Now it has lifted the ban.

This hacking group has been targeting FinTechs since 2018

If you've never heard of Evilnum, then you better read this carefully as the hacking group has targeted European FinTechs since 2018.

Finance teams targeted as cyber attacks are on the rise

Cybercriminals are targeting finance teams with attacks designed to intercept their emails and divert client payments into the hackers’ bank accounts, according to new research.

Capital One to pay $80m fine for its data breach last year

Capital One Financial has been ordered to pay an $80m fine by the Office of the Comptroller of the Currency (OCC) after its data breach in 2019.

Covid-19 could make Middle Eastern cybersecurity market skyrocket to $29.9bn by 2025

The coronavirus pandemic could see the cybersecurity market in the Middle East grow from $15.6bn in 2020 to $29.bn by 2025, according to new research.

MatchMove bags $21m in deal and secures $338m valuation

Singapore-based FinTech MatchMove has raised $21m in a funding round backed by ZTC Private Markets, Singapura Finance, Vickers Partners, NTT Investment Partners, Iconic World and VV Pentafond.

Cybersecurity startup Cerby closes $3.5m as it looks to combat “Shadow IT”

Cerby, which claims to be a stealth cybersecurity company helping businesses leverage “shadow IT”, has closed its seed round on $3.5m.

Spendesk extends its Series B by $18m due to success during the pandemic

Spend management platform for SMEs Spendesk has closed an additional $18m to its Series B round, brining the round total to $56m.

DataFleets bags $4.5m in seed capital

DataFleets has picked up $4.5m in new funding to further its efforts to enable databases to be accessed without companies running the risk of their data being compromised.

Cybersecurity unicorn triples its valuation after second sizable funding round this year

Autonomous cybersecurity platform SentinelOne has netted $267m for its Series F round, which has tripled its valuation to $3bn.

News Stories

UBS issued $500,000 fine from CFTC

The Commodity Futures Trading Commission (CFTC) has issued a $500,000 fine to UBS for alleged violations of audio recording regulations.

How onboarding is hindering client experience

A recent blogpost by MyDocSafe has detailed how the onboarding process within wealth management is impacting the client experience through its complexity.

ESMA publishes paper setting out plans to change MiFID II reporting requirements

The European Security and Markets Authority (ESMA) has invited firms to comment on its consultation paper seeking to make reporting requirements changes under MiFID II.

Hiro rebrands as it gears up for international expansion

Hiro, which aims to transform insurance into being prevention-first, has rebranded as Locket as it gears up for international growth.

Banking API provider M2P Fintech picks up $35m Series C

India-based M2P Fintech has secured $35m from a Series C funding round led by US investment firm Tiger Global.

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

Essential training, knowledge and forward-thinking 

in RegTech

Enroll today and get 25% OFF the Professional RegTech Certificate

120,000+ FinTech leaders get exclusive industry stories delivered every week