Press Releases From 09/07/2022 Until 02/09/2023

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Hydrogen Detection Market Opportunities – Global Forecast to 2027

LogoThe hydrogen detection market is projected to grow massively. Hydrogen is an odorless, tasteless, and colorless gas, thus requiring mechanical sensors to detect hydrogen leaks. Monitoring hydrogen requires specialized equipment to activate emergency response procedures. Some related solutions include sensors, such as electrochemical and MEMS. It finds its applications in healthcare, semiconductors, energy and utility, and oil & gas.

Juice Concentrates Market Size, Share & Growth Trends by 2027

LogoJuice Concentrates Market by Type (Fruit, and Vegetable), Application (Beverages, Soups & Sauces, Dairy, and Bakery & Confectionery), Ingredient (Single-, and Multi-Fruit and Vegetable), Form, and Region - Global Forecast to 2027

Helicopters Market Size, Share, Forecast (2022-2027)

LogoThe helicopters market report provides an analysis of the market from 2022 to 2027. It discusses industry and technology trends prevailing in the market, along with the market drivers, restraints, challenges, and opportunities.

Aircraft Communication System Market Growth & Opportunities by 2027

LogoThe report on the aircraft communication system market provides a detailed trend analysis from 2018 to 2027. It discusses current market drivers, restraints, challenges, and opportunities as well as industry and technological trends that influence the growth of the market.

Artificial Lift Market Worth $8.7 Billion by 2027

LogoThe artificial lift market is projected to grow from an estimated USD 6.9 billion in 2022 to USD 8.7 billion by 2027, at a CAGR of 4.8% during the forecast period.

Treasury Confirms Changes to Anti-Money Laundering Compliance Following Regime Review

Logo2022 has been a year in which big strides have been taken where anti-money laundering compliance is concerned. In the UK, the government published the outcome of its consultation on amendments to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs) over the summer. It also published a draft of the statutory instrument that would be used to implement changes to anti-money laundering compliance. The amendments that have been proposed as part of the regime review are designed to bring the existing regulations in line with FATF standards (Financial Action Taskforce, the framework of measures that countries should implement in order to help minimise the potential for money laundering). The regime changes will also fill any gaps in current regulation, especially with respect to crypto assets.

AML Solutions Concerns for Challenger Banks and Fintech Firms

LogoChallenger banks and fintech firms have made a big impact on the financial services industry in recent years. While much of this has been positive there are also concerns about how well equipped these innovative enterprises are to deal with money laundering and fraud. In fact, concerns have been so loud that the Financial Conduct Authority (FCA) carried out a review last year into this burgeoning market and found some big problems, including a lack of focus on AML solutions. The FCA also identified that while these new firms might be agile and dynamic in terms of products and service, they also had some serious issues in areas like adequate checks when onboarding new customers - sometimes income and occupation weren't checked at all, for example. AML solutions and customer risk frameworks were found to be minimal, or non-existent, in some enterprises.

Anti-Money Laundering Monitoring What It Means for Businesses

LogoWhile it may be true that anti-money laundering regulations rarely deviate in their goal to prevent financial crime, the way this is approached is constantly evolving. This is a necessary part of the process, not just to ensure that current regulations have the widest possible reach - and encompass the latest methods being used by financial criminals - but also that they take into account new platforms and technology. One obvious example of this is the way that regulations are currently evolving in order to take into account the unique situation of crypto assets businesses, which come with a whole new range of high-risk factors that mean enhanced risk mitigation and anti-money laundering compliance monitoring is a necessity. Obligations for anti-money laundering monitoring extend to every organisation, from the smallest start-ups to global companies. Investing in effective anti-money laundering solutions is vital to ensure compliance.

Financial Services Firms Face Staff Shortages in Compliance Risk

LogoFinancial services firms now face an almost-unprecedented level of regulatory change and almost three quarters expect their regulatory burden to increase in the coming year This is creating significant challenges for firms, large and small as all look for ways to process exceptionally high activity and demand. The major issue for most is the lack of headcount to help deal with the increase in regulatory activity. While most financial services companies are looking ahead at the coming year and see more changes to deal with, 61% (according to a recent Reuters survey) say that they don't believe their teams will increase in size as a result. This is even more of a challenge in the UK where 65% of firms in this sector say that they won't be recruiting additional compliance risk specialists in the next 12 months.

Graphene Market (2022 - 2025) - Capacity Expansion and Increasing R&D Activities to Give Boost During the Forecast Period

LogoThe graphene industry is growing due to the rise in demand for graphene from various applications, globally.

Animal Genetics Market by 2026 - Global Trends, Share Analysis, Leading Players, Business Opportunities

LogoAsia-Pacific is the fastest-growing market for animal genetics market during the forecast period.

NYSE:TBI Investor Notice: Investigation over Potential Wrongdoing at TrueBlue, Inc.

LogoCertain directors of TrueBlue, Inc. are under investigation over potential breaches of fiduciary duties.

NASDAQ:PLTK Investor Notice: Update in Lawsuit Against Playtika Holding Corp.

LogoAn update was announced in the lawsuit that is pending for certain investors in shares of Playtika Holding Corp. (NASDAQ:PLTK).

NYSE:GSK Investor Alert: Investigation over Possible Securities Laws Violations by GSK Plc

LogoGSK plc is under investigation over potential securities laws violations in connection with certain financial statements.

Geospatial Analytics Market Size Worth $119.9 Billion by 2027

LogoThis research report categorizes the geospatial analytics market based on components, solution, type, application, deployment mode, organization size, application, vertical, and regions.

Predictive Analytics Market Share Will Gain $28.1 Billion by 2026 Globally

LogoPredictive Analytics Market with Covid-19 Impact Analysis by Solution (Financial Analytics, Risk Analytics, Marketing Analytics, Web & Social Media Analytics), Service, Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2026

Laser Marking Market Size, Share, Trends & Forecast 2027

LogoThe laser marking market is estimated to grow from USD 2.9 billion in 2022 to reach USD 4.1 billion by 2027; it is expected to grow at a CAGR of 7.2% from 2022 to 2027. The growth of the laser marking market can be attributed to increasing adoption of laser markers in various industries for traceability and identification of parts and growing adoption of smart manufacturing techniques.

Growing Demand for Household Robots Market

LogoThe global household robots market is projected to grow from USD 9.2 billion in 2022 to USD 19.3 billion by 2027, at a CAGR of 16.0% during the forecast period from 2022 to 2027. The growth of this market is driven by factors such as the growing demand for autonomous robots, rising use of IoT in robots for cost-effective predictive maintenance, increasing government initiatives for the development of robotic technologies, and increasing demand for robots in the domestic segment.

Energy as a Service Market Worth $105.6 Billion by 2027

LogoThe global energy as a service market is expected to grow from an estimated USD 64.7 billion in 2022 to USD 105.6 billion by 2027, at a CAGR of 10.3% during the forecast period.

5 Anti-Money Laundering Compliance Lessons from the Robinhood Fine

LogoAnti-money laundering compliance is a vital focus for organizations today. One recent example of how important this is becoming is the Robinhood fine. This is the action that was taken against the crypto arm of Robinhood Markets for alleged violations of anti-money laundering regulations. In total, the crypto asset trading firm was fined $30 million, a significant sum that is clearly designed to set a precedent when it comes to anti-money laundering compliance. Some of the highlighted failings by Robinhood present obvious lessons for other crypto assets firms that don't want to fall into the same practices and end up being financially penalized in the same way. It was established that Robinhood not only failed to invest significant enough resources in anti-money laundering compliance and preventing money laundering but also that there were serious lapses, for example in cybersecurity.

Strong Anti-Money Laundering Solutions Needed in Wake of the Cullen Report

Logo"Strong and decisive action" is how The Cullen Report described the measures that are now necessary for organizations to combat money laundering on a global level. The author of the report, Commissioner Austin Cullen, said that money laundering is currently flourishing in British Columbia and that steps will need to be taken by every business to ensure that this doesn't continue to be the case. Robust anti-money laundering solutions protect economies and businesses within them - The Cullen Report made it clear that in Canada these measures need to be significantly beefed up. The 1,800+ page document is fairly brutal in its assessment of how serious the problem is and the necessity of implementing anti-money laundering solutions quickly.

Anti-Money Laundering Monitoring of Paramount Importance

LogoNow is the time for organizations to invest in anti-money laundering monitoring. There has never been more pressure to make this a priority, whether that is due to the way that authorities are cracking down on a lack of proactive measures when it comes to money laundering, or to avoid the potentially high fines that can be issued for businesses that fail to comply. The Anti-Money Laundering Act (2020) came into force in 2021 and marked the most significant tightening up of policy with respect to financial crime and money laundering since the USA Patriot Act (2001). Authorities now have expanded power to go after businesses with poor anti-money laundering monitoring and measures in place - in the USA and Europe too. Violations are no longer tolerated, no matter where in the world a business is based, and this is only likely to get stricter as time goes on.

Russian Sanctions Pose Compliance Risk to Banks and Fintech Firms

LogoThe wave of sanctions that has been imposed on Russia since the invasion of Ukraine have presented a very broad range of challenges - and compliance risk - to banks and fintech firms on a global level. Export controls, sanctions and blocks on providing certain corporate services have made it vital for businesses in this sector to get more efficient when it comes to know your customer checks so as to avoid dealing with unsanctioned parties in the country. For many, the compliance risk has been so high that the decision has been taken to avoid Russia entirely. But for others, there is no option to do this and so the challenge has been to navigate what many have described as the most complex economic punishment that has ever been implemented by the USA.

Bone Growth Stimulator Market by 2026 - Global Trends, Share Analysis, Leading Players, Business Opportunities

Logo- In 2020, Stryker acquired Wright Medical for USD 5.4 billion. The acquisition strengthened Stryker’s position in the orthopedics devices market.

Cancer Diagnostics Market by 2026 - Global Trends, Share Analysis, Leading Players, Business Opportunities

Logo- In 2020, Roche Diagnostics entered into partnership with Illumina to provide broad access to clinical oncology next-generation sequencing.