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Category: Financial services

Unique, a Swiss AI platform for finance, raises $30M

A four-year-old Swiss startup has raised a sizable chunk of change to capitalize on the burgeoning “agentic AI” movement. Unique said on Thursday that it has raised $30 million in a Series A funding round that was led by London-based VC firm DN Capital and CommerzVentures, the investment offshoot of Germany’s Commerzbank. “Agentic AI” is…

House bill aims to better protect financial institutions from ransomware attacks

A bipartisan pair of House lawmakers are seeking to improve private-public coordination for financial institutions amid a surge of ransomware attacks on the sector. The Public and Private Sector Ransomware Response Coordination Act, introduced this week by Reps. Zach Nunn, R-Iowa, and Josh Gottheimer, D-N.J., would direct the Treasury secretary to deliver a report on…

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