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As United States President Donald Trump’s sweeping 25 percent tariffs on imports from Mexico and Canada were about to kick in, Canadian Prime Minister Justin Trudeau was quick to hit back. In a news conference on Monday night, he referred to Trump as “Donald”, called the tariffs a “very dumb thing to do”, accused the US president of trying to cripple the Canadian economy to annex the country and imposed immediate retaliatory tariffs. By contrast, Mexican President Claudia Sheinbaum was silent on Monday night. She responded in a news conference on Tuesday morning, promising to defend Mexican interests and announcing…

LAHORE: Aiden Markram had one last look at the pitch as he walked off. The ball had sat up and he couldn’t adjust, offering a tame return to Rachin Ravindra at the Gaddafi Stadium on Wednesday. Chasing a mammoth 363 to win, South Africa had been reduced to 189-5 at the end of the 33rd over; the ghosts of the past returning to haunt them. In the crunch game of yet another ICC tournament, South Africa had flattered to deceive. Their dreams of Champions Trophy glory were quickly unravelling. About 10 overs ago, South Africa had seemed to have got…

The CFIT has recently announced an initiative aimed at curbing the escalating fraud rates in the UK through the introduction of a Digital Company ID. According to Finextra Research, this strategic move could potentially save British businesses billions of pounds annually. According to statistics from the Office for National Statistics, the UK experienced over 1.2 million fraud incidents in 2023, indicating a near-constant threat of fraud every minute.CFIT’s initiative brings together a diverse coalition of financial crime experts from various sectors, including global financial services, academia, technology hubs, and governmental bodies. This collaborative effort is focused on exploring how the…

AIceberg announced on Thursday the launch of its AI trust platform, for which it raised $10 million in seed funding from SYN Ventures and Sprout & Oak. Founded in 2022, the New York-based company has developed a platform designed to help governments and enterprises with the safe, secure and compliant adoption of AI, specifically generative AI and agentic AI.  AIceberg says its platform acts as a firewall and gateway that monitors AI usage for potential risks and enables the enforcement of security and other policies. The platform is designed to prevent unsanctioned, unsuitable or illegal content, and automatically redacts personal…

Auquan has unveiled new Sustainable Finance Disclosure Regulation (SFDR) Good Governance capabilities for its Sustainability Agent. According to FinTech Finance, this significant update empowers investment, sustainability, and compliance teams with the tools to instantaneously analyze governance practices in portfolios and companies, ensuring compliance with SFDR standards. The enhanced functionality aims to convert what was once a labor-intensive process into a swift, automated workflow.The demand for systematic governance evaluation is increasing as regulatory frameworks evolve. Traditionally, investment professionals allocate extensive periods to manually gather and assess data to produce SFDR good governance assessments, necessary for financial products under Articles 8 and…

California cemented  its US FinTech leadership attracting nearly a third deals in the region in 2024Key US FinTech investment in 2024:US FinTech deal activity dropped by 63% YoY in 2024Californian companies secured 31% of the deals in the region as the state solidified its position as the leading US FinTech hubCyera, a leader in the data security space raised one of the largest US FinTech deals during the year with a Series C funding round of $300mUS FinTech deal activity dropped by 63% YoY in 2024The US FinTech market experienced a sharp downturn in both funding and deal activity in…

The White House has confirmed that the Trump administration engaged in direct talks with Hamas, saying the discussions align with US interests. Following this, President Donald Trump threatened Palestinians in Gaza with deadly consequences if all captives were not released. Here is what we know: What do we know about the US-Hamas direct talks? The discussions, facilitated by Qatari intermediaries, have reportedly been ongoing for weeks but became more evident in early March 2025. This is the first time in decades that the United States negotiated directly with Hamas, a significant departure from US policy, which ruled out direct engagement with…

The Financial Services Information Sharing and Analysis Center (FS-ISAC) has released a comprehensive series of papers, crafted by its Post Quantum Cryptography Working Group, aimed at guiding the payment card industry (PCI) towards quantum-resilient standards.This timely guidance comes as quantum computing emerges as both a powerful asset and a significant threat, particularly to cryptographic security that protects card transactions.The highlighted paper, The Impact of Quantum Computing on the Payment Card Industry, primarily targets business leaders, outlining essential steps for adopting quantum-resistant cryptography.The guidance stresses the importance of maintaining robust cyber hygiene practices, such as enforcing strong access controls, encrypting sensitive…

SpecterOps, a leading provider of adversary-focused cybersecurity solutions, has successfully raised a substantial $75m in its Series B funding round. The round was spearheaded by Insight Partners, a global software investor, with significant contributions from other investors including Ansa Capital, M12, Ballistic Ventures, Decibel, and Cisco Investments.This funding will primarily support the scaling of SpecterOps’ BloodHound Enterprise (BHE), the first platform in the industry dedicated to comprehensively removing Identity-based Attack Paths. The company’s innovative approach treats enterprise identity architectures as dynamic, interconnected graphs, continuously detecting and addressing potential security vulnerabilities.SpecterOps aims to use the new funding to drive its next…

The landscape of Digital Communications Governance and Archiving (DCGA) is swiftly evolving, as detailed in the recent Gartner Magic Quadrant.According to Wordwatch, the sector is advancing to meet rising regulatory demands, the complexities of multi-channel communication, and the increasing necessity for compliance oversight. Amidst these challenges, the governance of voice records remains a significant yet often overlooked aspect.Although many DCGA solutions initially focus on digital communications such as emails, chats, and documents, the management of voice data presents a unique set of challenges. Voice data, which often needs to be retained for extended periods, requires precise capture, transcription, and analysis…