Financial Services Cyber Attacks Rise Fivefold in 2018 | Paolo Sartori

According to the Financial Conduct Authority, the UK saw a fivefold increase in data breaches in 2018 compared to the year before. In April 2018, seven retail UK banks, including Royal Bank of Scotland, Santander, Barclays and Tesco Bank, had to shut down or limit their systems after hacks that cost them hundreds of thousands of pounds...

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New professional network launched to promote the vital role women play in driving RegTech success

On 27th February, over 70 brilliant women got together at law firm Addleshaw Goddard, for the launch of a new network called RegTech Women, aimed at connecting women who work in the financial services regulatory technology industry (RegTech). Partner at Addleshaw Goddard, Mandie Hulme said “We are proud to be supporting this initiative - RegTech is...

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How women can secure the investment they deserve

Women don’t ask for the investment that they need for their businesses; here is how to ask for more money and how to get it Earlier this year, the Treasury published its statistics on venture capital funding highlighting that within the UK, only 1p out of every £1 of venture capital goes to women-led start-ups. Comparatively, all-male founding...

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Global support grows across the financial and energy sectors for Project East Africa 2019

Rand Merchant Bank, Development Bank of Southern Africa, Citibank, Uganda Development Bank, UBA Group and the International Energy Forum (IEF) have all confirmed they will join two days of discussions hosted by The Ugandan Prime Minister, Ministry of Finance, Ministry of Trade, Industry and Cooperatives, and Ministry...

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China, Japan overseas M&A push to extend in 2019

China’s economic growth slowdown to drive dealmaking abroadJapanese companies may continue to seek large foreign dealsCompanies in China and Japan will continue their pursuit of overseas acquisitions this year amid the economic growth slowdown and geopolitical uncertainty, according to JPMorgan Chase & Co. Ready availability of capital will...

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Cyclone Idai Destroys ‘Ninety Percent’ of a City of Half a Million in Southern Africa

AdvertisementSupported byCyclone Idai Destroys ‘Ninety Percent’ of a City of Half a Million in Southern AfricaVideoThe United Nations said the storm that hit southern Africa last week may be one of the worst weather-related disasters ever in the Southern Hemisphere.CreditCreditZinyange Auntony/Agence France-Presse — Getty ImagesBy...

FrontdeskAI adds $2 mln of seed capital in round led by pi Ventures

FrontdeskAI said it raised an additional $2 million of seed capital in a round that brought its seed funding to $4.2 million. The additional capital came in a transaction led by pi Ventures of India.Read More

Charlesbank hires ex-Bain Capital Credit director as head of capital markets

Charlesbank Capital Partners hired Carolyn Wintner as head of capital markets. Wintner joined Charlesbank from Bain Capital Credit, where she worked most recently as a director.Read More

Mojo Vision raises $58 mln from Advantech, Gradient, HP Tech Ventures, Bold Capital, LG Electronics, StartX, others

Mojo Vision said it raised $58 million of Series B financing in a deal backed by Advantech Capital, Gradient Ventures, HP Tech Ventures, Motorola Solutions Venture Capital, Bold Capital Partners, LG Electronics, Kakao Ventures, and Stanford StartX.Read More

Finistere Ventures names Adrian Percy as chief technology officer

Finistere Ventures said it named Adrian Percy as chief technology officer. Percy is a former head of R&D for the crop science division at Bayer, and, in his new role, will provide strategic, technical and regulatory guidance to portfolio companies.Read More

J.H. Kwabena Nketia, 97, Pre-eminent Scholar of African Music, Dies

AdvertisementSupported byJ.H. Kwabena Nketia, 97, Pre-eminent Scholar of African Music, DiesImageJ.H. Kwabena Nketia at his home in Legon, near Accra, the capital of his native Ghana. “He showed that the African history of music was a sacred tradition revealed,” a colleague said.CreditCreditvia African Musical ArtsBy Giovanni RussonelloMarch...

Cyclone Idai May Be ‘One of the Worst’ Disasters in the Southern Hemisphere

AdvertisementSupported byCyclone Idai May Be ‘One of the Worst’ Disasters in the Southern HemisphereImageA damaged section of the road between the cities of Beira and Chimoio in central Mozambique on Tuesday.CreditCreditAdrien Barbier/Agence France-Presse — Getty ImagesBy Alan YuhasMarch 19, 2019Cyclone Idai, the storm that battered...

Green Visor Capital to raise $100 million venture-capital fund

Green Visor Capital has set out to raise a $100 million third venture-capital fund, according to a filing with the SEC.Read More

Kirkland M&A attorney William Sorabella joins Gibson, Dunn & Crutcher

Gibson, Dunn & Crutcher hired William Sorabella as a partner working on public company and private equity mergers and acquisitions. Sorabella joins from Kirkland & Ellis.Read More

Tower Arch hits $450 mln hard cap on Fund II

Tower Arch Capital held a final close on its second fund on $450 million, reaching its hard cap. Tower Arch Partners II investors include current and former management team members, foundations, diversified financial institutions, endowments and family offices. Shannon Advisors worked as placement agent.Read More

Pantheon hires author of “The Agile Marketer” to lead marketing

Pantheon hired Roland Smart to lead and develop its marketing department. Smart is the author of "The Agile Marketer" and is co-founder of The Business Agility Institute. His hiring comes after a recent $40 million investment in Pantheon to expand its marketing and sales team.Read More

Watch: Taeyeon teases 'Four Seasons' music video

March 19 (UPI) -- South Korean singer Taeyeon is giving fans a glimpse of her new music video. The 30-year-old K-pop star, born Kim Tae-yeon, shared a clip Tuesday of the video for her new solo single "Four Seasons." The "Four Seasons" teaser features a close-up shot of Taeyeon before showing the text "Did I love you?" The preview switches to a scene...

Watch: Wendy Williams living in sober house due to past with cocaine

March 19 (UPI) -- Wendy Williams says she's living in a sober house due to her past issues with cocaine. The 54-year-old television personality discussed her living situation and struggle with addiction during Tuesday's episode of The Wendy Williams Show. "For some time now, and even today and beyond, I have been living in a sober house," Williams...

Gryphon strikes first behavioral health deal with investment in LEARN Behavioral

Gryphon Investors acquired a majority stake in LEARN Behavioral, a network of providers of behavioral treatment services for children with autism and other special needs, from LLR Partners. Financial terms were not disclosed. The deal is Gryphon's first in the behavioral health sector.Read More

Kit Harington sought therapy after Jon Snow's death on 'Game of Thrones'

March 19 (UPI) -- Game of Thrones star Kit Harington sought therapy following his character's death in the Season 5 finale. The 32-year-old British actor, who plays Jon Snow on the HBO series, said in the new issue of Variety the highly-publicized plot point fueled his neuroses and led to a dark time in his life. "My darkest period was when the show...

Watch live: Google to make gaming announcement at GDC 2019

March 19 (UPI) -- Google is set to make an announcement relating to video games at the 2019 Game Developers Conference in San Francisco. The internet giant will showcase what they call their vision for the future of gaming during a special key note address that will be livestreamed on YouTube starting at 1 p.m. ET/10 a.m. PT. Google's announcement...

James Corden to host 2019 Tony Awards

March 19 (UPI) -- James Corden of Late Late Show fame is set to host the 73rd annual Tony Awards which take place on June 9. Corden was announced as the host on Tuesday on the official Twitter account of The Tony Awards. "We're over the moon!" the tweet said. The late night comedian previously hosted The Tony Awards in 2016. The ceremony, which awards...

Racing Against China, U.S. Reveals Details of $500 Million Supercomputer

AdvertisementSupported byRacing Against China, U.S. Reveals Details of $500 Million SupercomputerImageThe Aurora supercomputer is scheduled to be delivered to the Argonne National Laboratory near Chicago in 2021.CreditCreditLyndon French for The New York TimesBy Don ClarkMarch 18, 2019SAN FRANCISCO — The Department of Energy disclosed details...

Brooks & Dunn, Ray Stevens selected for Country Music Hall of Fame

March 19 (UPI) -- Duo Brooks & Dunn, Ray Stevens and Jerry Bradley have been named to the Country Music Hall of Fame class of 2019. The Country Music Association made the announcement on Monday during a special event. Brooks & Dunn, Stevens and Bradley will be formally inducted during a medallion ceremony in the fall. The total number of Country Music...

Issa Rae, Lakeith Stanfield to star in new film 'The Photograph'

March 19 (UPI) -- Issa Rae and Lakeith Stanfield are joining the cast of a new romantic drama.Variety reported Monday the 34-year-old actress and 27-year-old actor will have leading roles in the new film The Photograph from Universal Pictures. Everything, Everything director Stella Meghie wrote the movie, which follows intertwining love stories in...