Press Releases From 09/28/2022 Until 02/09/2023

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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.

Iconic Digital Offers Lead Tracking Software to Help Businesses Enhance Pipeline Visibility for Sales Prospects

LogoIconic Digital, an award-winning digital marketing agency based in London, offers lead tracking software to help businesses enhance pipeline visibility of sales prospects. The program is designed to rack and manage both sales and marketing leads, and can be used to track leads from initial contact through to conversion. The system helps sales and marketing teams track and manage leads throughout the sales cycle.

Cybersecurity in Automotive to Witness Emergence of Dominant Players Including BMW, Denso, Ford, Hyundai, Tesla – GlobalData Plc

LogoThe latest publication titled Cybersecurity in Automotive – Thematic Research has been added to GlobalData Plc report store. Cybersecurity in vehicles has been extensive, defending both the frontend and backend of vehicle systems and all the infrastructure upon which connected cars rely. Cyberattacks are frequent and increasingly complex, perpetrated by those furthering a geopolitical cause or attackers intent on making money. They affect every industry, and companies are becoming increasingly aware of the need for strong cyber defenses. As automakers increasingly rely on over-the-air (OTA) updates to remotely add or upgrade vehicle features, cybersecurity efforts will be needed to ensure these methods are insulated from threat actors.

CDP Print Management Offers Lithographic Print Solutions to Provide a Modern Look to Business Projects

LogoCDP Print Management, a well-renowned print management company, offers lithographic print solutions to help provide a modern look to business projects. They produce high-quality prints with a wider colour gamut on a variety of substrates. Their process allows the inks to completely wet out the surface of the substrate and automatically self-level, resulting in a superior print quality. The prints are manufactured using a high-quality, fast drying inks, and high-quality pigmentation process that ensures that the pigments are evenly dispersed throughout the ink.

GEM Cable Solutions Offers Fibre Optic Cable Assembly Solutions for a Wide Range of Applications

LogoGEM Cable Solutions, a renowned cable assembly manufacturer in the UK, offers fibre optic cable assembly solutions for a wide range of applications. They provide high-quality and reliable fibre optic cable assemblies for your data centre, office, or home network. Their solutions are the perfect choice for data centres designed to support high-speed data transmission and provide a reliable connection between data centre equipment and the network. They offer a diverse suite of fibre optic cable assembly products and services to a wide range of industries such as the military, aerospace, oil, gas, and many more.

InBlock Management Ltd Offers Block Management Services with Total Financial Transparency for Clients

LogoInBlock Management Ltd, a well-renowned block and estate management company in the UK, offers block management services with total financial transparency for clients. Their team of experts provides property management services to commercial and residential property classes, from large complex multi-let properties and blocks of flats to single residential apartments. They assist with property holding by maximising its capital value through experienced asset management whilst managing property liabilities and costs. They provide proactive advice on the management of properties, whether for investors, landlords or house builders.

The Online Physiotherapist Offers Workplace ErgoPhysio Services to Protect Health and Wellbeing of Staff

LogoThe Online Physiotherapist, a top online physiotherapy company in the UK, offers workplace ErgoPhysio services to protect the health and wellbeing of staff. Combining vast knowledge with a hands-on approach, they provide expert advice to help you achieve your well-being goals and the best possible outcomes. Their goal is to prevent workplace injuries and improve employee productivity and satisfaction by optimising workstation design and promoting healthy work practices. They provide one-on-one ergonomic coaching and deliver group educational presentations and workshops. Their experts specialise in the prevention and treatment of work-related musculoskeletal disorders.

The Talent Manager Helps Creative Personnel Find the Perfect Jobs in Movies and TV

LogoThe Talent Manager, a well-known recruitment platform, helps creative individuals find the perfect jobs in movies and TV. The portal enables you to find the right permanent, freelance or contract positions, putting you on the path to finding the right job. With years of creative expertise and recruitment knowledge, the portal partners the best talent with some of the finest creative and digital industries. They have built a reputation for attracting the best creative companies and projects; in return, you can expect only the best of service.

SPRK Capital Offers Capital to R&D Businesses Struggling with Debt

LogoSPRK Capital, a leading provider of R&D tax credits, offers capital to R&D businesses struggling with debt. With an expert team and award-winning services, they can provide access to the finance solution you need to help your business develop and grow. Their simple and competitive funding is designed to fit the needs of businesses and help R&D departments meet targets. The company is committed to helping businesses tackle any challenges to help build a better tomorrow. They provide access to fast, flexible financing so you can manage cash flows and invest in growth.

Gold Fever Offers Special Double Drawn Hair Guaranteeing Exceptional Volume at Ends

LogoGold Fever, a well-renowned provider of hair extensions in the UK, offers special double-drawn hair that guarantees exceptional volume at ends. Made from real human hair, these extensions can be styled just like your own hair and will blend in seamlessly with your natural hair. Whether you want long and luxurious locks or a shorter do with a lot of volume, hair extensions give you the ability to completely transform your look in a matter of minutes. Their extensions are stylish, versatile, and give you the option to switch up your style without damaging your hair.

Lucinity Offers AML Transaction Monitoring Software to Help Prevent Financial Crimes

LogoLucinity, a leading provider of AML software, offers AML transaction monitoring software to help prevent financial crimes. The system helps businesses identify and track suspicious activity, flag potential money laundering risks, and help report suspicious activity to authorities. Designed to detect and prevent money laundering activities, the solution is used by financial institutions and other organisations that are required to comply with anti-money laundering regulations. The software uses a variety of techniques to detect suspicious activity, including data mining, pattern recognition, and artificial intelligence.