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Data protection is great for society, but it can hinder a bank’s ability to detect and prevent money laundering, according to Markus Schulz, global head of Financial Crime Compliance Controls at Standard Charted Bank.
Adjust, a mobile measurement and fraud prevention company, has received $227m in its latest round of funding.
Cybersecurity-focused VC AllegisCyber has raised $199m for its second cyber innovation partners fund.
Finantix, a software builder for banking, wealth and insurance industries, has named Tim Wood as its new chief financial officer.
Auth0 has raised $103m in its Series E funding round led by Sapphire Ventures, giving the Washington-based Identity-as-a-Service platform a valuation of more than $1bn.
Investcorp is set to exit SecureLink in a deal with telecoms group Orange, which values the cybersecurity service provider at in €515m.