Following the Salt Typhoon breaches, the FCC has urged US telcos to enhance cybersecurity. Chairwoman Jessica Rosenworcel announced a government-wide initiative to eliminate network vulnerabilities, ensuring future incidents are prevented.
In a Series C investment, UK-based wealthtech company, Fundment, has raised £45 million to scale the entire business. While subject to FCA approval, the wealthtech investment will be focused on product development and hiring new talent.
The UK has unveiled a plan to modernise its use of technology and AI, aiming to improve public services and increase efficiency across civil service operations. The initiative seeks to address challenges in how public services are delivered and supported by technology.