Press Releases From 09/29/2022 Until 03/28/2024

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Carpe Diem London Offers Trust & Offshore Structures Solutions to Help Protect and Enhance Individuals' Wealth

LogoCarpe Diem London, a London property management service, offers trust & offshore structures solutions to help protect and enhance individuals' wealth. They can help individuals manage assets and secure investments, protect assets and minimize taxes. Their team offers clients creative, strategic, and tax-efficient solutions to preserve wealth now and for future generations. They work with you, understand your aspirations and values, and plan with you to ensure that your wealth, your family, your home, and your business are protected.

Internet of Things (IoT) in Automotive Research Predicts the Emergence of Dominant Players Including BMW, Tesla, Toyota, and Volkswagen – GlobalData Plc

LogoThe Internet of Things (IoT) in Automotive Thematic Study by GlobalData Plc predicts the IoT market size to grow at an accelerating growth momentum at a CAGR of over 10% during the projected period. IoT is one of the automotive sector's primary enablers of digital transformation. It brings together various technologies, like AI, 5G, edge computing, and cloud computing, which helps reduce latency levels, allow real-time decision-making, and reduce human intervention in IoT ecosystems.

NASDAQ:AXSM Long Term Investor Alert: Investigation of Potential Wrongdoing at Axsome Therapeutics, Inc.

LogoAn investigation was announced for current long-term investors in shares of Axsome Therapeutics, Inc. (NASDAQ:AXSM) concerning potential breaches of fiduciary duties by certain directors of Axsome Therapeutics, Inc..

NASDAQ:CVCO Investor Notice: Investigation over Potential Wrongdoing at Cavco Industries, Inc.

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

Energy Transfer LP (NYSE:ET) Long Term Shareholder Alert: Investigation over Possible Wrongdoing

LogoAn investigation was announced for current long-term investors in Energy Transfer LP (NYSE:ET) concerning potential breaches of fiduciary duties by certain directors of Energy Transfer LP.

Key Trends Shaping the Global Lead Acid Battery Market in 2024

LogoThe global lead acid battery market is projected to reach USD 52.5 billion by 2024 from an estimated USD 41.6 billion in 2019, at a CAGR of 4.7% during the forecast period. This growth can be attributed to factors such as the need to integrate renewable energy to the main grid, and the booming data industry promising the installation of several data centers across the globe, which expects the utilization of lead acid batteries for backup power supply.

Thermal Spray Coatings Market Worth $10.7 Billion by 2025 : North America Is Expected to Be the Largest Market

LogoPraxair Surface Technologies, Inc (US), BodyCote (UK), Oerlikon Metco (Switzerland), Surface Technology (UK), H.C Starck Gmbh (Germany), F.W. Gartner Thermal Spraying (US), Arc Spray (Pty) Ltd (South Africa), Metallisation Limited (UK), Plasma-Tec, Inc. (US), C&M Technologies GmbH (Germany), AMETEK Inc. (US), Flame Spray SpA (Italy), BryCoat Inc. (US), Thermal Spray Technologies, Inc. (tst) (US) are the key players operating in the thermal spray coatings market.

Prescriptive Analytics Market Trends (2022-2026), Size, Share & Global Forecast

LogoPrescriptive Analytics Market by Component, Application (Customer Retention and Engagement and Personalized Recommendation), Deployment Mode, Organization Size, Vertical, Capability, and Region (2022 - 2026)

Video Streaming Software Market Share, Size : 17.5 Billion USD in 2026

LogoVideo Streaming Software Market with COVID-19 Impact, by Component (Solutions (Video Distribution and Video Analytics) and Services), Streaming Type (Live Streaming and Video-on-Demand Streaming), Vertical, and Region - Global Forecast to 2026

Car Care Products Market Expected to Grow $5.5 Billion by 2027

LogoCar Care Products Market by Product Type (Cleaning & Washing, Polishing & Waxing, Sealing Glaze & Coating), Application (Interior, Exterior), Consumption, Solvent (Water, Foam-based), Vehicle Type, Distribution Channel & Region - Global Forecast to 2027

Enzymes Market Worth $16.9 Billion by 2027

LogoThe enzymes market is projected to reach USD 16.9 billion by 2027 growing at a CAGR of 6.8% from 2022 to 2027.

Brushless DC Motor Market Projected to Reach $15.2 Billion by 2025

LogoThe global brushless DC Motor market size is expected to grow from an estimated USD 9.6 billion in 2020 to USD 15.2 billion by 2025, at a CAGR of 9.5% during the forecast period.

Anti-Money Laundering Software Top of the Agenda in Combating Sanction Evasion

LogoThe growing crypto network offers many advantages for those involved in it - and evidence is increasingly coming to light that this is being abused, putting crypto firms at risk in the process. An alert has been issued by the Joint Money Laundering Taskforce (JMLT), the UK's collaboration between the financial sector and law enforcement agencies, highlighting how some people who are looking to evade sanctions are using crypto firms to do it. Being involved in this is likely to leave crypto firms heavily exposed to money laundering and the problematic consequences that can result from that.

AML Software Expertise in High Demand by Financial Services Industry

LogoThe UK tech jobs market is particularly active right now with huge demand for skilled people with AML software expertise. This demand is being driven, in part, by companies in the financial services industry looking to respond to regulatory changes and put better protection in place when it comes to reducing exposure to money laundering risk. AML software expertise is highly sought after but the latest figures indicate that there simply isn't enough supply to meet demand right now. This comes as many companies are seeking to streamline budgets in other areas while prioritising resources for specialist areas such as AML software expertise.

AML Compliance Software Weaknesses in Finance Industry

LogoNew research has established that there are some significant gaps and weaknesses when it comes to AML compliance software - and that this is affecting confidence across the finance industry. The research found that 57% of UK financial services professionals are only 'somewhat confident' in the anti-money laundering processes and protections that they currently have in place. This is despite the fact that almost three quarters of firms say that anti-money laundering is being pushed up the agenda internally. There are, of course, many challenges for AML compliance software and structures today, including the increased regulation, especially around customer onboarding, the ongoing evolution of the crisis in Ukraine and the fact that there is now a much higher risk of fines for those organisations that don't have effective measures in place.

AML Compliance Guidance for Regulated Businesses Like Banks and Financial Services

LogoRegulated sector businesses need to have particularly stringent measures in place when it comes to anti-money laundering protection. Banks and financial services companies face increased risks compared to many other organisations, which is why it's so vital to have clear AML compliance guidance in place. The Money Laundering Regulations (MLRs) are a key piece of AML compliance guidance for organisations that are regulated in the UK and looking to ensure they are minimising money laundering risk and taking all possible steps to protect the business. These are some of the key elements of AML compliance guidance for regulated businesses to note:

Nordic Banks Spending on Anti-Money Laundering Compliance Impacts Results

LogoAnti-money laundering compliance has been at the top of the agenda for Nordic banks after a series of scandals rocked the region in recent years. Many of the most prominent institutions have faced accusations of being involved in moving tainted money and there has been huge pressure to take action to prevent this from being repeated in the future. Now, many of those financial institutions that have committed to spending on anti-money laundering compliance are revealing how that investment is beginning to bite in terms of profits. Danske Bank, Nordea and Swedbank are just some of those involved.

Choosing Anti-Money Laundering Solutions for Banks and Fintechs

LogoFor banks and fintechs, the right anti-money laundering solutions are going to be vital in the coming months. As instances of financial crime continue to rise there is increasing pressure to deliver on AML compliance - as well as serious consequences for organisations where effective measures have not been put in place. Currently, money laundering losses amount to up to 5% of global GDP and the relentless drive towards innovation in technology and systems has opened up lots of loopholes. For example, cryptocurrency money laundering rose by 30% in 2021. The only way for banks and fintech's to fight this rise in volume and sophistication is to invest in anti-money laundering solutions that are similarly advanced. There are lots of different options out there when it comes to anti-money laundering solutions and each offers a different approach.

Presidential Citation Recipient Discusses a Life of Humanitarian Service on VoiceAmerica

LogoEver wonder what one person might accomplish in a world with so many problems and so many needs asking to be addressed? Is making a difference possible? Sadhvi Bhagawati Saraswati ("Sadhviji") will convince you you can not only make a difference-- you can make a BIG difference.

Finance Firms Step Up Investments in AI Anti-Money Laundering Monitoring

LogoArtificial Intelligence (AI) has a lot to offer when it comes to anti-money laundering monitoring. This advanced technology has the potential to make AML measures even more effective and to enhance investments in anti-money laundering monitoring. That's why so many businesses are now planning to increase the volume of investment in AI for this purpose. In fact, one recent survey found that 57% have either deployed AI in anti-money laundering monitoring processes or are planning to do so in the near future. And a third of finance firms are accelerating their use of AI in order to make existing measures more effective. These are vital steps for any business in the finance industry to take, especially as the UN estimates that $2 trillion in tainted money is moved illegally on a global level every year.

Netherlands Banks Must Address AML Compliance Risk of Beneficial Ownership

LogoThe Financial Action Task Force (FATF) has emphasised how important it is for Netherlands banks to ensure that legal persons aren't being used for criminal interests going forward. The FATF released the latest Mutual Evaluation Report in August of this year with a focus on how more resources are necessary to help address the AML compliance risk of beneficial ownership. Beneficial ownership relates to those who own, control or benefit from specific bank accounts. Where information about who these natural people actually are isn't clear it creates a lot more room for money laundering activities to take place unchecked. Focusing on addressing the AML compliance risk of beneficial ownership is something that Netherlands banks will now have to make a priority as a result of the spotlight that has been placed on it thanks to the FATF and its latest report.

EU in Anti-Money Laundering Solutions Push for Crypto

LogoThe goal of making it more difficult for criminals to tap into crypto for criminal purposes is attracting increasing attention on a global level. In the EU a new agreement has been reached that will extend the rules on information accompanying the transfer of funds so that this also includes crypto currencies. Anti-money laundering solutions, and the regulation behind them, must necessarily expand to include crypto currencies as this is, increasingly, where the largest vulnerabilities lie. The new EU "travel rule" is intended to ensure a much higher level of transparency when it comes to crypto assets than is currently the case. It will also give the EU a robust framework that it can use with respect to ensuring that it meets international requirements and standards on the exchange of crypto-assets.

FATF Reports Germany Must Do More in AML Monitoring

LogoLike many other countries, Germany has taken a large number of constructive steps to improve AML monitoring and general anti-money laundering solutions. However, the intergovernmental body the Financial Action Task Force (FATF), which defines international standards when it comes to financial crime, has said that the country should do more. Germany is the fourth largest economy in the world and the biggest in Europe, which naturally makes it a target for financial criminals. A recent report from FATF has highlighted how, even with the most recent measures implemented in Germany, this isn't enough for a country that has such a sizable economy and such broad influence. For example, Germany still doesn't have limits on cash transactions so large amounts of cash can still be smuggled over the border in cargo or mail.

Metal Nanoparticles Market Worth $4.2 Billion by 2026 : APAC Region Is Estimated to Register the Highest CAGR

LogoMajor players operating in the global metal nanoparticles market include American Elements (US), Nanoshel LLC (US), Nanostructured & Amorphous Materials (US), EPRUI Nanoparticles & Microspheres (China), US Research Nanomaterials (US), Tanaka Holdings (Japan), Meliorum Technology (US), Nanocomposix (US), BBI Group (UK), Sigma-Aldrich (US), and Nanocs (US) among many others.

Hellolulu Offers Packable Bags with Huge Amounts of Space for Belongings

LogoOne of Hong Kong's leading lifestyle bag brands, hellolulu, offers packable bags with vast space for storing belongings. They provide bags in a range of sizes, some tiny and ultralight with one compartment, with many pockets and features you'd expect in a regular backpack. Lightweight yet extremely durable, the bags they provide are weatherproof and extremely comfortable compared to other bags. Most bags come with drawstring or zipper closure ensuring the safety of your valuable items.