Tagged: security

Privacy-Focus Product Brand Kangaroo Now Seeking Funds Through Reg CF Campaign on Republic

  Kangaroo, a smart home security company, is now seeking funds through its regulation crowdfunding (Reg CF) campaign through funding platform Republic.  Founded in 2018, Kangaroo states its security systems have a singular aim of making the world safer. The company notes it wants to… Read More

Chainalysis Announces Expansion of Series B Round to $49 Million With New Investment From Ribbit Capital & Sound Ventures

Blockchain security and analytics firm Chainalysis announced on Tuesday it raised an additional $13 million to expand its Series B round to $49 million with an investment from Ribbit Capital and Sound Ventures.  Founded in 2014, Chainalysis claims it offers cryptocurrency investigation and compliance solutions to global law enforcement… Read More

U.S. Crypto Hardware Wallet Provider Keevo Joins Forces With Storage Information Management Services Iron Mountain to Protect Cryptocurrency Users & Their Heirs

Keevo, U.S.-based next-gen crypto hardware wallet provider, announced on Wednesday announced a strategic partnership with Iron Mountain (NYSE: IRM), the storage and information management services company enabling digital transformation, to deliver advanced backup and beneficiary services for users of its crypto wallet, the Keevo Model… Read More

Online Fraud Detection For SMEs NS8 Secures $123 Million Through Series A Funding

NS8, a U.S.-based online fraud detection and prevention for small-and-medium-sized businesses (SMEs), announced on Wednesday it secured $123 million through its Series A funding round, led by Lightspeed Venture Partners with additional backing from AXA Venture Partners. Founded in 2016, NS8 stated it safeguards online businesses… Read More

Cyber Insurance & Security Company Coalition Secures $90 Million Through Series C Funding Round Led by Valor Equity Partners

Coalition, the leading cyber insurance and security company, announced on Wednesday it has raised $90 million through its Series C funding round, which was led by Valor Equity Partners with participation from Felicis Ventures, Greyhound Capital, and Coalition’s existing investors. Founded in 2017, Coalition states… Read More

Canada Postpones its Upcoming Open Banking Review Meeting Due to COVID-19 Outbreak

Canada has decided to postpone its upcoming Open Banking review due to the COVID-19 outbreak. The Canadian government-led Open Banking policy review was scheduled to consult stakeholders on applicable standards, in order to provide better consumer data protection. The review was supposed to take place… Read More

U.S. Fintech MoonPay Appoints Nils Puhlmannn as Security Advisor

MoonPay, a U.S. fintech company that builds develop tools for fiat-to-crypto connectivity, announced on Thursday it has appointed Nils Puhlmann as its new security advisor. According to his Linkedin profile, Puhlmann has held various positions in the cybersecurity industry, including being named Chief Trust and … Read More

KEYNO Set to Offer Credit Card Fraud Prevention Investment Opportunity Through Equity Crowdfunding Platform Wefunder

Keyno, a U.S.-based startup that created CVV2 code technology that integrates with already-issued credit cards to prevent fraud, announced it will seeking funding through equity crowdfunding platform Wefunder. Founded in 2019 by Robert Steinman, Keyno describes itself as a dynamic security code that can easily… Read More

Bitcoin Exchange Paxful Becomes First P2P Crypto Trading Platform to Work with Chainalysis to Enhance Compliance Processes

Chainalysis, a leading blockchain analytics and security company, has teamed up with Paxful, a major peer-to-peer (P2P) digital asset exchange. The partnership involves Chainalysis helping  Paxful with enhancing its compliance and KYC processes. Paxful will reportedly be using Chainalysis’ know your transaction (KYT) and “reactor”… Read More

Monzo Tightens Security By Updating 3D Secure Feature

UK-based challenger bank Monzo announced earlier this week it has up’ed its security measures by upgrading its 3D Secure feature, which is a payment standard that aims to reduce e-commerce fraud by adding two-factor authentication to online transactions. The upgraded version of 3D Secure will… Read More

Open Banking? JPMorgan to Enforce Stricter Security Measures by Preventing Third-Party Fintech Apps from Accessing Customer Passwords

JPMorgan Chase, the largest US bank and the sixth-largest in the world, will reportedly be enforcing stricter security policies and measures by preventing third-party Fintech applications from gaining access to user passwords. The current method of data sharing offers (with permission) several external Fintech apps… Read More

Cybersecurity Skills Platform Immersive Labs Raises $40 Million via Series B Round Led By Summit Partners, Goldman Sachs

Immersive Labs, a UK-founded cybersecurity skills platform, raised $40 million through a Series B investment round led by Summit Partners, a growth equity investor. New York-based investment bank Goldman Sachs also took part in Immersive’s latest funding round. Established in 2017, the company noted that… Read More

IdentityMind Announces New Partnership With Acuant to Strengthen Digital Identity Proofing

IdentityMind Global, a SaaS RegTech platform that builds, maintains and analyzes digital identities worldwide, announced on Thursday it has formed a new partnership with Acuant, a global provider of identity verification solutions, to strengthen digital identity proofing.  IdentityMind reported that through the partnership Acuant’s identity… Read More

Blockchain Secuirty Firm CipherTrace Launches Comprehensive Virtual Asset Tracing Capability

CipherTrace, the leading provider of cryptocurrency intelligence and blockchain security, announced on October 15 the launch of a comprehensive virtual asset tracing capability.  According to a press release shared with Crowdfund Insider, CipherTrace customers can trace Bitcoin (BTC) transactions and over 700 digital tokens following… Read More

Crypto.com Receives Cryptocurrency Security Standard Level 3 Compliance

Hong Kong-based cryptocurrency platform Crypto.com announced on Friday it has officially achieved Level 3 compliance with the Cryptocurrency Security Standard (CCSS). According to Crypto.com, Level 3 is considered the highest and strictest level achievable. After rigorous security audits by a team of cybersecurity and compliance… Read More

CipherTrace Launches Open Source Solution For FATF Travel Rule Compliance

Blockchain security company CipherTrace announced on Tuesday the launch of its open-source Travel Rule Information Sharing Architecture (TRISA) solution. According to CipherTrace, TRISA enables cryptocurrency exchanges to comply with new funds Travel Rule requirements. CipherTrace revealed that Virtual Asset Service Providers (VASPs) may immediately begin… Read More

TD Bank’s Latest Survey Reveals: Stagnant Corporate Systems, Cybersecurity Continue to Plague Payments Professionals

 TD Bank announced on Tuesday its latest survey reveals cyber fraud and technological solutions are top of mind for finance and treasury professionals. According to TD Bank, 42% of respondents cited organizations’ struggles to improve legacy systems as the greatest challenge facing payments professionals. Last… Read More

Crypto.com Announces Additional Security Measures

Hong Kong-based cryptocurrency platform Crypto.com announced on Wednesday a range of enhanced security measures including Two Factor Authentication (2FA) for certain transactions and insurance of digital assets. The crypto portal also launched of a new Security Page, which outlines its commitment to maintaining industry-leading security… Read More

Coinbase Announces Bug in Signup Page That Resulted in Some Registration Details Being Stored in Clear Text in Internal Web Server Logs

Cryptocurrency exchange platform Coinbase announced on Friday it recently began emailing a total of 3,420 of its customers to let them know that a bug in its signup resulted in some registration details being stored in clear text in its internal web server logs. Coinbase… Read More

Monzo: We Weren’t Storing Some Customers’ PINs Correctly Which Caused An Issue With Online Banking Services

Just days after addressing previous issues in its banking services, digital challenger bank Monzo announced it may have figured out what was causing the most recent issues, which was that it wasn’t storing some customers’ PINs correctly. The banking startup revealed in a recent blog… Read More

Send this to a friend