Press Releases From 01/23/2023 Until 12/23/2025

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Ultrasound Transducer Market Size, Share, Opportunity and Outlook Analysis, 2023-2030.

LogoGlobal Ultrasound Transducer Market is Segmented By Product (Convex, Linear, Endocavitary, Phased array, CW Doppler, Others), By Application (Musculoskeletal, Cardiovascular, General Imaging), By End-User (Introduction, Diagnostic Centers, Ambulatory Surgical Centers, Others)

Growth of the Facial Recognition Market - Driving Factors, Detection, Analysis and Recognition : 2022-2027

LogoFacial Recognition technology is a very well-versed biometric technology now, especially in its adoption in numerous applications. Due to its contactless interaction feature, it has been adopted by various industries, from security and surveillance to AI tools, and even providing a more personalized advertising experience, as compared to voice fingerprint scanning, voice recognition, texture recognition, and skin texture recognition technologies.

Collagen Peptides Market Analysis, Statistics and Forecast to 2027

LogoCollagen Peptides Market by Application (Food & Beverages, Nutritional Products, Cosmetics & Personal Care Products, and Pharmaceuticals), Source (Bovine, Porcine, and Marine & Poultry), Form (Dry and Liquid) and Region – Global Forecast to 2026

Industrial Enzymes Industry Size, Analysis & Forecast to 2026

LogoThe global industrial enzymes market is estimated to be valued at USD 6.6 billion in 2021. It is projected to reach USD 9.1 billion by 2026, recording a CAGR of 6.6% during the forecast period. New technical applications of enzymes are being developed to enhance the production processes. Numerous companies in the textile industry incorporate enzymes as an alternative to chemicals to produce mild reactions that lead to clean and chemical-free garments. Gene modification in the existing enzyme has resulted in significant developments to enable enzymes to be functional under altering temperatures and pH levels.

White House Supports Bipartisan Anti-Money Laundering Bill

LogoClosing loopholes in anti-money laundering frameworks is a key priority for governments worldwide today. Countries such as the US have made vital progress in recent years towards improving anti-money laundering policies but there is still work to do. This is reflected in the changes that are continually being made, such as an announcement in December last year by the National Security Advisor Jake Sullivan relating to the ENABLERS Act. The Establishing New Authorities for Business Laundering Enabling Risks to Security (ENABLERS) legislation is designed to empower the Treasury to require certain parties, such as those who form companies or manage money for a third party, to ensure that basic money laundering protocols under the Banking Secrecy Act are in place. Sullivan announced support for the ENABLERS bill during the opening ceremony of the 2022 International Anti-Corruption Conference.

Snow Washing Criminals Choose Canada as a Money Laundering Hotspot

LogoYou may or may not have heard the term 'snow washing.' This is being used to refer to the money laundering that takes place within Canada's borders, so big has the issue become. The reason that snow washing has become such a popular phenomenon for criminals looking to launder illicit money is because Canada has opaque corporate reporting laws that have made it possible for companies looking to launder money to do so easily, turning the country into a money laundering hotspot. It also has a huge and abundant economy where there are lots of genuine transactions taking place and this makes it much easier to hide the laundered transactions behind the legitimate ones. According to the Criminal Intelligence Service of Canada it is estimated that around $45 billion to $113 billion is laundered in Canada annually.

Data Sharing and Technology Central to Anti-Money Laundering Compliance

LogoThe latest intelligence suggests that around $2 trillion is being laundered annually and financial crime is increasing by the year. This is a crime that drives other crimes and is far from victimless - the most vulnerable are often exploited and money laundering can undermine the very fabric of the societies that it exists in. Which is why it is becoming so vital to find better solutions for anti-money laundering compliance and data sharing and technology are going to have a key part to play in this.

Canada to Benefit from AML Transaction Monitoring Software Solutions

LogoIn the summer of 2021, amendments made to regulations under Canada's Proceeds of Crime Money Laundering & Terrorism Financing Act (PCMLTFA) of 2019 came into force, introducing a wealth of new changes designed to combat financial crime. Among the changes are a broader range of requirements for the ways in which reporting entities must track, verify, and report on financial transactions. The regulations have been designed to have very wide application, from banks and money service businesses to a range of other enterprises, including casinos and virtual currency exchanges. All the signs from the Canadian regulator in recent years have pointed to an enhanced commitment to ensuring compliance, bringing violators to justice and handing out fines. Which means that - for all the businesses affected - it has been crucial to improve compliance programmes and monitoring systems.

Treasury Report Identifies Gaps in AML Compliance Risk

LogoA new report from the US Treasury has identified just how much more oversight is required in the fintech sector to help ensure AML Compliance. The report - "Assessing Impacts of New Entrant Non-Bank Firms on Competition in Consumer Finance Markets" - highlights how the fintech market is creating a wealth of new opportunities and advantages for consumers but also many loopholes in security. Consumer protection and market integrity, in particular, are at risk from the practices that currently exist in the fintech sector. In order to help protect consumers and ensure sustainable competition, the Treasury report has identified that increased oversight of consumer financial activities of non-banks is going to be vital for AML Compliance going forwards.

US Banks Concerned AML Compliance Database Will Add to Regulatory Burden

LogoThe beneficial ownership database that is planned in the US to further improve AML Compliance is causing more than a few ripples. The full set of rules that will govern the database have yet to be released but its purpose would be to create a resource that identifies the true or "beneficial" owners of legal entities such as companies or trusts. One of the biggest obstacles to improving AML Compliance response is the fact that it's been historically possible for those funneling illicit funds to remain hidden. Abuse of shell companies is well known as the reason why money laundering has been so easy in the past. So the database is, in principle, a good idea. However, a number of compliance professionals have voiced concerns about it, mainly that it could create an even heavier compliance burden that will be more difficult to fulfill.

Swedish Regulator Critical of AML Compliance Failures

LogoThe Swedish gaming authority has been cracking down on compliance failures in recent years and continues to work to enforce an anti-money laundering regime in the region. Spelinspektionen has been particularly critical of the AML Compliance Failures of Pinbet, ATG and Kindred all of which were under scrutiny by the regulatory authorities in investigations that began back in autumn 2021. Each of the investigations looked at a number of customers of these companies and analyzed the way in which AML Compliance had been implemented. The investigations found a range of AML Compliance Failures, for example at a Kindred subsidiary that was investigated, it was found that repeated alerts were being generated about one customer but these were never investigated further as long as the customer was winning. At ATG the regulator found that information on taxable income had only been collected for three customers and that most of the customers investigated had made large deposits without the origin of these ever being checked.

Rabobank Investigated by Dutch Anti Money Laundering Compliance Regulator

LogoEarly in December last year, the Dutch Co-operative bank Rabobank announced that it was under investigation by the public prosecutors in the Netherlands as a result of failures in AML compliance. Rabobank is one of the three biggest banks in the Netherlands and its competitors have already been issued with huge fines for violations like this. ABN AMRO, for example, was fined £574 million in 2021 and ING Group $900 million in 2018. So, the fact that the bank is about to go through a similar process doesn't bode well for Rabobank.

European Bank Consults on New AML Solutions to De-Risk Financial Services

LogoIn December 2022 the European Banking Authority launched a public enquiry around guidelines aimed at the risks involved in providing access to financial services in the context of money laundering and terrorist financing. The purpose of the guidelines is to ensure free and fair access to financial services for all users and that no one is being denied the financial services that they need for reasons that aren't valid. We all need access to basic financial products - this is one of the foundations of modern life and something that most of us today take for granted.

Application Security Market Size Is Projected to Reach US$ 27.85 Bn and Grow at CAGR 16.79% over Forecasts Period 2023-2030 : Key Players: IBM Corporation, Capgemini

LogoThe Application Security Market Report Provides In-Depth Study of Market Drivers, Restraints, Size & Share, Trends, Opportunities, Swot Analysis, And Challenges by Forecast Year 2030.

Data Centre Support Infrastructure Market 2023 - Know Its Growth Drivers, Industrial Technology Updates, Challenges & Opportunities Forecast Report by 2030

Logo“According to SNS insider, The Data Centre Support Infrastructure Market Size is Escalated at US$ 52.48 bn in 2022, and is expected to reach US$ 120.43 bn by 2030, with a growing healthy CAGR of 10.94% over the forecast period 2023-2030.”

Machine Learning Market 2023 Global Technological Advancement, Various Segmentation Analysis, Future Scope & Applications Forecast 2023-2030 : Research by SNS Insider

Logo“According to SNS insider, The Machine Learning Market Size is Escalated at US$ 27.11 bn in 2022, and is expected to reach US$ 472.25 bn by 2030, with a growing healthy CAGR of 42.93% over the forecast period 2023-2030.”

3D Reconstruction Software Market Trends , Size and Share 2022 : Growth Solutions, Key Innovations, Feasibility Scope, Services and Demand Forecast by 2028

Logo3D Reconstruction Software Market SWOT Analysis by Top Key Players - Pix4D, Agisoft PhotoScan, Autodesk, RealityCapture, Acute3D, PhotoModeler, Photometrix, Elcovision, Vi3Dim Technologies, Paracosm, Matterport, Realsense (Intel), Mensi, Skyline Software Systems, Airbus, 4Dage Technology, Blackboxcv, Shenzhen Zhineng Shixian Technology

Farm Insurance Market Share 2022 Size, Global Business Solutions, Investment Opportunities, Development Scope and Future Prospects by 2028

LogoFarm Insurance Market SWOT Analysis by Top Key Players - PICC, Zurich (RCIS), Chubb, QBE, China United Property Insurance, American Financial Group, Prudential, XL Catlin, Everest Re Group, Sompo International (Endurance Specialty), CUNA Mutual, Agriculture Insurance Company of India, Tokio Marine, CGB Diversified Services, Farmers Mutual Hail, Archer Daniels Midland, New India Assurance, ICICI Lombard

Bitcoin Exchange Market Size and Share 2022 : Global Business Strategies, Growth Opportunities, Future Prospect, Key Driver and Demand Forecast by 2028

LogoBitcoin Exchange Market Scope & Overview Report 2022 : The Bitcoin Exchange market study provides a comprehensive overview of the market's current status, growth trends, and future predictions. The report contains valuable information for stakeholders including market insights, product descriptions, company profiles, financial data, and contact information. The report also includes a comprehensive analysis of the financial overview and current market changes to help companies make informed business decisions.

Litecoin Trading Market Share, Size, Growth Outlook, Key Trends, New Innovations, Feasibility Scope and Demand Forecast by 2028

LogoLitecoin Trading Market SWOT Analysis by Top Key Players - Binance, Upbit, OKEx, Bithumb, Huobi, Bitfinex, BitMEX, Coinw, Kex, Bittrex, Bitstamp, BTCC

Visible IP Intercom Market 2023 Industry Size, Share, Key Players and Global Analysis by Segmentation, Growth Opportunity, Future Scope and Forecast 2028

LogoThe estimated size of the Global Visible IP Intercom Market was 1361.4 million dollars in 2021 and is projected to grow to 3757.06 million dollars by 2028, with a compound annual growth rate of 15.61% over the forecast period.

Cloud Robotics Market Insights 2023 Innovation, Future Trends, Outlook by Type, Application, End User and Business Opportunities to 2028

LogoThe Cloud Robotics Market globally was estimated to be worth 18920.79 million dollars in 2021 and is expected to reach a value of 111662.59 million dollars by 2028, showing a compound annual growth rate of 28.87% during the forecast period.

Soldering Robot Market Outlook 2023 Analysis by Size, Share, Segmentation, Global Industry Overview, Demand, Growth and Forecast 2028

LogoThe Soldering Robot Market globally was estimated to be worth 182.1 million dollars in 2021 and is expected to grow to a value of 268.65 million dollars by 2028, displaying a compound annual growth rate of 5.71% over the forecast period.

RF over Glass Market 2023 Global Size, Share, Growth, Global Industry Overview, Demand, Key Region Analysis and Forecast 2028

LogoThe RF over Glass Market globally was estimated to be worth 1377.51 million dollars in 2021 and is expected to grow to 2530.78 million dollars by 2028, with a compound annual growth rate of 9.08% during the forecast period.

Medical Isotope Market Share Growth, Share, Analysis and Forecast 2022-2030

LogoCanadian Medical Isotope Market Was Estimated At USD 2.11 Billion In 2030 And Is Expected To Increase At a CAGR of 11.5% From 2023 To 2030