For the latest news, events and jobs
Monday, October 14, 2019
Cybersecurity Asset Management company Axonius has netted $20m in its Series B round which was led by new investor OpenView. Existing backers of Axonius including Bessemer Venture Partners, YL Ventures, Vertex, WTI, and Emerge, also contributed funds to the round. The new proceeds bring Axonius’ total equity raised to $37m. […]
Paychex has launched cyber liability protection which will help companies with costs from data breaches, hackers, ransomware and banking fraud. The new policy helps businesses mitigate the potential financial impacts of cyberattacks, with access to 24/7 crisis management. Policyholders get protection for potential fines or penalties from state or federal […]
Koen Vanderhoydonk from Blanco, a scaling regtech company founded in The Netherlands shares his insights on the current regulatory challenges in the financial industry and how regtech can help. Following the 2008 financial crisis, the financial sector has experienced an increase in regulation and in the disruptive use of technology […]
Emerging technologies are revolutionising legacy systems and taking the brunt of the heavy lifting for compliance teams Once viewed as a straitjacket by many financial services firms, compliance is undergoing a metamorphosis driven by new technology. Compliance departments, galvanised by customers and amplified by technology, are changing for the benefit […]
A study from Mastercard has revealed 85 per cent of consumers in the EU are not aware of PSD2 or have very little knowledge of it. The final deadline of PSD2 is in September and with it will come a range of new financial services for consumers to improve their […]
The number of startups in the field of regulatory technology (RegTech) is growing steadily and for good reason. As regulatory complexity increases, so does the need for technology-enabled solutions that allow regulatory requirements to be met more efficiently. But that’s not all. It is also the proliferation of digital services […]
The Australian Securities and Investments Commission (ASIC) has announced three events in Sydney aimed at encouraging financial services firms to adopt regulatory technology (regtech) solutions. The corporate watchdog’s announcement states that the events are opportunities for regtech providers of all sizes to showcase their solutions to representatives from government, finance, […]
The rapidly expanding realm of artificial intelligence (AI) presents a powerful tool for meeting the requirements of regulatory oversight. But like any powerful tool, using it incorrectly can lead to disaster. I have seen firms allocate large budgets to onboard extremely advanced technology to solve a particular challenge, but their […]
DivvyCloud, a security and compliance automation developer for cloud infrastructure, has netted $19m in a growth funding round. The capital injection was led by Providence Strategic Growth, with participation also coming from existing backers MissionOG and RTP Ventures. Following this latest funding, the company has raised a total of $29m […]
The European Supervisory Authorities (ESAs) has published its joint advice in relation to improving communication risk management and cybersecurity. Last year, the European Commission requested the ESA to map the existing supervisory practices across financial sectors around IT security and governance requirements. Its aim was for the ESA to issue […]
