SBWire

The anti-money laundering solution market is growing at a healthy pace all over the world, with North America one of the main locations where the market is expanding. AML solutions represent a lifeline for many organizations in terms of providing an effective way to reduce exposure to financial crime. Forecasts indicate that the market for AML solutions - valued at $1.15 billion in 2019 - is likely to reach $3.15 billion by 2029. This represents a CAGR of 18.5% over the 10 year forecast period. Major players, such as Honeywell International Inc, Google, Hitachi Ltd and Qualcomm Technologies continue to provide AML solutions globally as demand increases. The market is also expanding to make space for businesses like Lucinity, which offer targeted AML solutions that are specifically designed for ease of use and maximum impact.

A robust transaction monitoring system is becoming increasingly vital to enterprises that are serious about reducing exposure to money laundering. As this becomes more of a priority to businesses large and small, the transaction monitoring system market is growing significantly every year. In fact, between now and 2030, growth is going to be exponential. The market is currently made up of a number of different players sharing a tranche of sales, including Lucinity, which is dedicated to making it simple for businesses to access an effective transaction monitoring system that comes as part of an efficient and useful platform. Growth in the market for transaction monitoring software is expected across a number of key regions, including Europe, North America, Latin America and the Asia Pacific.

In June this year, the UK Government published its consultation on amendments to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs). The incoming changes are designed to update existing regulations and also help to fill in the gaps that have emerged with respect to evolving areas, such as crypto assets. The review suggested that the existing regime has been working effectively on the whole but that further incremental AML solutions could help to improve the impact that this has when it comes to combating money laundering. Ongoing improvements are being focused on areas where there are individual weaknesses, and the AML solutions that can be used to bring these up to scratch.

It's no secret that there has been something of a lull in 2022 where Nordic IPOs are concerned. However, a recent report from Deutsche Bank indicates that this isn't likely to continue. In fact, it said that Nordic IPOs are likely to fare a lot better before the first half of 2023 comes to a close. The Nordic region was a hive of activity in terms of new listings in 2021 - Sweden was the leader of continental European IPOs that year - but has seen this slow down considerably in 2022. Some of the reasons for this shift in the market have included the rising interest rates and recession fears that have been a theme all over the world. The tech-focused start-up market in the Nordic region has gone through a lot of turbulence this year, and there has been a significant drop in equity valuations according to Bloomberg. However, experts for the region don't expect the current downturn to be long-term or the negative impact on fundraising to last that much longer.

Transaction Monitoring is increasingly being recommended to organizations as a tool to help avoid both financial and reputational damage as a result of money laundering. The basis of Transaction Monitoring is a system that enables the detection of - and response to - abnormal activity and behavior in online transactions. According to the UK government, the use of Transaction Monitoring adds a layer of trust to a system, not only for banks and financial institutions but any online business. It is recommended that any online service where there is an exchange of something of value have some degree of Transaction Monitoring in place. As a result, more and more online services now use Transaction Monitoring to help minimize the potential impact of malicious transactions. This could be anything, from small or large financial loss through to compromised data and damage to a business's reputation.

The Shareholders Foundation announced that a deadline is coming up on August 15, 2022 in the lawsuit filed for certain investors of Unilever PLC (NYSE: UL).

Certain directors of Aurinia Pharmaceuticals Inc. are under investigation over possible breaches of fiduciary duties.

The Shareholders Foundation announced that a deadline is coming up on August 15, 2022 in the lawsuit filed for certain investors of Tupperware Brands Corporation (NYSE: TUP).

Hannon Armstrong Sustainable Infrastructure Capital, Inc. is under investigation over potential securities laws violations in connection with certain financial statements.

An investigation was announced over potential breaches of fiduciary duties by certain directors at GoodRx Holdings, Inc.

An investigation was announced for investors in World Wrestling Entertainment, Inc. (NYSE: WWE) shares over potential securities laws violations in connection with certain financial statements.

Customer Data Platform Market Size by Component, Deployment Mode, Organization Size, Application, Vertical, and Region

Report to define Video Analytics Market based on application, vertical, deployment model, type, component, and region

Constantia Flexibles (Austria), Amcor (Australia), Berry Global Inc. (US), Mondi (Austria), Sonoco (US), and Sealed Air Corporation (US) are the key players operating in the flexible plastic packaging market.

Global personal protective equipment market is led by various market players such as 3M Co. (US), MSA Safety Inc. (US), Ansell Limited (US), Honeywell International Inc. (US), E I DuPont de Nemours and Co. (US), Kimberly-Clark Corporation (US), Lakeland Industries, Inc. (US), Alpha Pro Tech, Ltd. (Canada), Sioen Industries NV (Belgium), and Radians, Inc. (US), among others.

The Shareholders Foundation announced that a deadline is coming up on August 16, 2022 in the lawsuit filed for certain investors of Yext, Inc. (NYSE: YEXT).

An investor, who purchased shares of Molecular Partners AG (NASDAQ: MOLN), filed a lawsuit over alleged violations of Federal Securities Laws by Molecular Partners AG.

An investor, who purchased shares of Carvana Co. (NYSE: CVNA), filed a lawsuit against Carvana Co. over alleged violations of Federal Securities Laws.

An investigation was announced for long-term investors in shares of Lilium N.V. (NASDAQ: LILM) concerning potential breaches of fiduciary duties by certain directors and officers of Lilium N.V.

An investigation for investors in The Toronto-Dominion Bank (NYSE: TD) shares over potential securities laws violations by The Toronto-Dominion Bank was announced.

An investor, who purchased shares of Outset Medical, Inc. (NASDAQ: OM), filed a lawsuit over alleged Securities Laws violations by Outset Medical, Inc..

Coupang, Inc. is under investigation over potential securities laws in connection with certain statements was announced.

In May 2022, Novartis AG (Switzerland) received FDA approval for KYMRIAH for adult patients with relapsed or refractory follicular lymphoma after two or more lines of systemic therapy.

In 2021, a group of private equity giants acquired Medline industries for more than USD 30 billion. However, even after the transaction, Medline remained a privately-held company.

According to the new market research report "Electronic Toll Collection Market with COVID-19 Impact Analysis by Technology (RFID, DSRC, ANPR/ALPR, and Satellite-Based), Offering (Hardware, and Back Office and Other Services), Application , Type, and Region - Global Forecast to 2025", published by MarketsandMarkets™, the Electronic Toll Collection Market is projected to reach USD 10.0 billion by 2025 from USD 6.9 billion in 2020; it is expected to grow at a CAGR of 7.7% during the forecast period.