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NymCard, an embedded finance platform operating across more than 10 countries in the MENA region, has raised $33m in a Series B funding round.The investment was led by QED Investors, marking the firm’s most significant commitment in the region and its first lead investment in the Gulf Cooperation Council (GCC).The funding round also saw participation from existing investors, including Lunate, Dubai Future District Fund, Mashreq Bank, Knollwood, Reciprocal, FJLabs, Shorooq, and Endeavor. Additionally, Oraseya Capital joined as a new investor, reinforcing confidence in NymCard’s role in shaping the future of embedded finance in MENA.NymCard provides full-stack payment infrastructure for banks,…
Chinese APT actor MirrorFace has been observed targeting a Central European diplomatic institute in relation to the upcoming Expo 2025 event, cybersecurity firm ESET reports. Also known as Earth Kasha, MirrorFace is operating under the China-linked state sponsored hacking group APT10, focusing on targeting Japanese entities such as the country’s Foreign and Defense ministries, as well as the country’s space agency, politicians, journalists, private companies, and think tanks. Dubbed Operation AkaiRyū (RedDragon in Japanese), the campaign against the diplomatic institute is the first known MirrorFace attack against a European entity, and has revealed updated tactics, techniques, and procedures (TTPs), and…
A scareware campaign phishing for login credentials recently switched from targeting Windows to macOS, Israeli cybersecurity firm LayerX reports. Throughout 2024 and in early 2025, the attacks targeted Windows users, relying on compromised websites to serve fake Microsoft security alerts claiming that users’ computers had been compromised and locked. The malicious code caused the webpages to freeze, creating the illusion of an issue, and the victim was instructed to provide their Windows username and password, LayerX explains. As part of the campaign, the threat actors hosted their phishing pages on the legitimate Azure application hosting platform Windows.net, adding a sense…
A scareware campaign phishing for login credentials recently switched from targeting Windows to macOS, Israeli cybersecurity firm LayerX reports. Throughout 2024 and in early 2025, the attacks targeted Windows users, relying on compromised websites to serve fake Microsoft security alerts claiming that users’ computers had been compromised and locked. The malicious code caused the webpages to freeze, creating the illusion of an issue, and the victim was instructed to provide their Windows username and password, LayerX explains. As part of the campaign, the threat actors hosted their phishing pages on the legitimate Azure application hosting platform Windows.net, adding a sense…
There’s a controversy brewing over “AI-generated” studies submitted to this year’s ICLR, a long-running academic conference focused on AI. At least three AI labs — Sakana, Intology, and Autoscience — claim to have used AI to generate studies that were accepted to ICLR workshops. At conferences like ICLR, workshop organizers typically review studies for publication in the conference’s workshop track. Sakana informed ICLR leaders before it submitted its AI-generated papers and obtained the peer reviewers’ consent. The other two labs — Intology and Autoscience — did not, an ICLR spokesperson confirmed to TechCrunch. Several AI academics took to social media…
Imane Khelif, who won Paris Olympics boxing gold amid a gender-eligibility row, is determined to defend her title at the 2028 Los Angeles Games and says she will not be intimidated by US President Donald Trump. Trump signed an executive order banning transgender women from female sports in the United States last month and called Khelif “a male boxer” in his speech after signing the order. “I will give you a straightforward answer, I am not transgender,” she told ITV in an interview. “This does not concern me, and it does not intimidate me.” The International Olympic Committee’s executive board…
Leading figures from the insurance and cyber security sectors have issued a unified call for insurers to enhance cyber resilience in response to a rapidly evolving threat landscape.At a high-level roundtable hosted by cyber security specialists Intersys, industry experts warned that insurers must move beyond reactive measures and adopt proactive risk management strategies to combat emerging cyber threats.The event brought together senior professionals across cyber security, underwriting, and risk management, including representatives from The Camelot Network, Specialty MGA UK, We Are Just, Neo Ventures, Devonshire Underwriting, and Intersys.Panelists highlighted several pressing challenges:Ransomware Attacks – 60% of businesses affected by ransomware…
VIA has successfully secured a $28m Series B investment, positioning itself prominently in the cybersecurity landscape.This Boston-based company is advancing the field of data and identity protection through its innovative, decentralized platform, designed to meet the rigorous standards of entities like the U.S. Department of Defense.The investment round saw contributions from leading and strategically aligned new investors including Bosch Ventures (lead), BMW i Ventures, and MassMutual Ventures, alongside Sentinel Global. These new investors join forces with Westly Group and select existing stakeholders, completing a minority investment round that was notably oversubscribed.VIA’s platform is renowned for its decentralized, zero trust architecture…
Some food trends put in deep roots, some are fleeting, some are outright silly and some are just plain fun. I am putting the “just plain fun” label on this one: pearl-shaped foods that pop in your mouth.Tiny sphere-shaped foods seem to be everywhere, entertaining mouths with their pop-ability and the sometimes unusual transformation of familiar foods.Call it part of a bubble moment: The bubble hem is hot in fashion, and decor is loving soft, round corners and playfulness. Here are some examples of pearl-shaped foods, old and new. Straight from natureSome pearl-shaped bubble foods have been with us for…
Prezent, a startup empowering customers to build slide decks using generative AI, has raised $20 million as it further develops and refines its AI models for different use cases and expands into new markets. AI has many different applications — one of which is generating decks for business presentations, as it turns out. Off-the-shelf models tend to be not very good at this because they don’t understand industry-specific language and jargon. That’s where Prezent’s technology comes in. Los Altos-based Prezent, which has a subsidiary in Bengaluru, was founded in 2021 by Rajat Mishra, who previously worked at companies including Cisco…