LUXEMBOURG

Finance in Motion and Napier AI partner on AML for secure impact investments

Retrieved on: 
Wednesday, April 24, 2024
Software, Networks, Professional Services, Fintech, Apps, Applications, Technology, Asset Management, Artificial Intelligence, Security, Legal, Finance, Public Policy, Government, Child, Law enforcement, Environment, Regulatory technology, United, Investment, AML, API, Sales

Napier AI , the London-based financial crime compliance RegTech, is pleased to announce that Napier AI Continuum has been selected as the anti-money laundering and counter terrorist financing (AML/CTF) platform for world-leading impact asset manager, Finance in Motion .

Key Points: 
  • Napier AI , the London-based financial crime compliance RegTech, is pleased to announce that Napier AI Continuum has been selected as the anti-money laundering and counter terrorist financing (AML/CTF) platform for world-leading impact asset manager, Finance in Motion .
  • Napier AI is providing its Client Screening solution and Client Risk Assessment module as part of the Napier AI Continuum platform to Finance in Motion, to support its global growth in generating positive change in emerging markets.
  • Napier AI’s solutions will bolster Finance in Motion with the tools to continue delivering public and private capital exclusively towards impact investments in emerging markets, while protecting funds from being used to finance criminal activity.
  • Greg Watson , Chief Executive Officer at Napier AI noted, “Napier AI is proud to join forces with Finance in Motion to use next generation technology to make a positive impact on the planet.

Corporación América Airports S.A. Reports March 2024 Passenger Traffic

Retrieved on: 
Wednesday, April 17, 2024
Other Transport, Food, Beverage, Fashion, Retail, Air, Transport, Convenience Store, Urban Planning, Supply Chain Management, Luxury, Other Construction & Property, Discount, Variety, Commercial Building & Real Estate, Construction & Property, Restaurant, Bar, Other Travel, Transportation, Public Transport, Travel, Aircraft, Equair, International, CAAP, Banjul International Airport, Yoy, Zvartnots International Airport, Sky Airline, Volume, Growth, Airline

International passenger traffic increased 12.9% year-over-year (YoY) and surpassed pre-pandemic levels by 4.7%, while domestic traffic decreased 6.7% YoY to 86.2% of March 2019 levels.

Key Points: 
  • International passenger traffic increased 12.9% year-over-year (YoY) and surpassed pre-pandemic levels by 4.7%, while domestic traffic decreased 6.7% YoY to 86.2% of March 2019 levels.
  • In Italy, passenger traffic grew by 18.0% compared to the same month in 2023, exceeding pre-pandemic levels of March 2019 by 8.3%.
  • International passenger traffic, which accounted for over 75% of the total traffic, increased 20.1% YoY and was 15.6% higher than March 2019 levels, while domestic passenger traffic increased 11.2% YoY and was 11.2% below pre-pandemic levels.
  • In Ecuador, passenger traffic decreased by 5.5% YoY and was 0.5% above pre-pandemic volumes of March 2019. International passenger traffic increased by 3.3% YoY, reaching pre-pandemic levels, while domestic traffic decreased by 12.6% YoY, surpassing March 2019 levels by 1.3%.

Clearstream to invest in Digital Vault Services

Retrieved on: 
Wednesday, April 17, 2024
Software, Banking, Professional Services, Business, Fintech, Data Management, Payments, Technology, Digital Cash Management, Digital Assets, Security, Legal, Finance, Digital, D7, Deutsch, Partnership, DVS, Growth, Security (finance)

Clearstream, Deutsche Börse’s post-trade business, intends to make an investment in Digital Vault Services (DVS), a pioneering fintech offering issuance and safekeeping services for digital bank guarantees and sureties in Europe.

Key Points: 
  • Clearstream, Deutsche Börse’s post-trade business, intends to make an investment in Digital Vault Services (DVS), a pioneering fintech offering issuance and safekeeping services for digital bank guarantees and sureties in Europe.
  • The mid-term plan will be to integrate DVS’s Guarantee Vault with D7, the digital post-trade platform of Deutsche Börse and its post-trade business Clearstream.
  • Jens Hachmeister, Head of Issuer Services & New Digital Markets at Clearstream, said: “Digital leadership is a central part of Deutsche Börse Group’s Horizon 2026 strategy.
  • Deutsche Börse and its post-trade business Clearstream provide with their digital post-trade platform D7 a fully digital alternative to conventional physical issuance and managing of financial securities, reducing the time-to-market for securities from days to minutes.

Insurance leaders optimistic about AI’s impact on underwriting quality and fraud reduction but underwriter confidence lags

Retrieved on: 
Wednesday, April 17, 2024
Technology, Insurance, Finance, Fintech, Banking, Accounting, Professional Services, Software, Artificial Intelligence, P&C, Risk, Heart, Research, Automation, Human voice, Trust, Memory, Customer Survey, Fraud

According to the report, 42% of policyholders find the current underwriting process complex and lengthy.

Key Points: 
  • According to the report, 42% of policyholders find the current underwriting process complex and lengthy.
  • Additionally, 27% of policyholders switched providers in the last two years in search of lower premiums (60%) and better coverage (53%).
  • The industry must react to this volatility by rethinking the underwriting rule book,” said Adam Denninger, Global Insurance Industry Leader at Capgemini.
  • The World Property & Casualty Insurance Report 2024 draws data from three primary sources: the 2024 Global Insurance Voice of the Customer Survey, the 2024 Global Insurance Executives’ Survey, and the 2024 Global Insurance Underwriters’ Survey.

“Risk of Doing Nothing”: 95% of IT Leaders Concerned About Mainframe Modernisation Backlog – ISG Survey Reveals

Retrieved on: 
Tuesday, April 16, 2024
Technology, Insurance, Finance, Banking, Accounting, Professional Services, Software, Networks, Hardware, COBOL, Algorithm, Partnership, Research, ISG, Architecture, Assembler, Management

Experts predict that business agility, customer experience, and technology compatibility will suffer from a mounting modernisation backlog.

Key Points: 
  • Experts predict that business agility, customer experience, and technology compatibility will suffer from a mounting modernisation backlog.
  • ISG surveyed 164 IT leaders responsible for mainframe operations.
  • “In this era of technological dynamism, undertaking modernisation is not merely advantageous but compulsory,” states Thilo Rockmann, CEO, LzLabs GmbH.
  • The study also reveals the challenges to modernisation, including the labyrinth of migration ventures and a scarcity of specialised talent.

INCERT Announces That Keys&More Brings Bespoke KMS to Manufacturers

Retrieved on: 
Friday, April 12, 2024
Software, Mobile, Wireless, Networks, Hardware, Data Management, Technology, Automotive, Security, Automotive Manufacturing, Other Automotive, Manufacturing, Telecommunications, Rotation, Internet, Original equipment manufacturer, Digital, HSM, Private sector, KMS, Organization, Key, Risk management

Digital public agency INCERT GIE Luxembourg expands to the private sector with today’s launch of Keys&More, a hardware-agnostic enterprise key management system (KMS) designed for the complex deployment needs of manufacturers and industrial providers.

Key Points: 
  • Digital public agency INCERT GIE Luxembourg expands to the private sector with today’s launch of Keys&More, a hardware-agnostic enterprise key management system (KMS) designed for the complex deployment needs of manufacturers and industrial providers.
  • The KMS solution combines (1) a powerful platform for centralized management, (2) flexible deployment options and (3) strategic consulting services.
  • Through one user-friendly platform, original equipment manufacturers (OEMs) oversee user management, digital signatures, encryption, decryption and beyond.
  • This unified system helps them achieve compliance, boost operational efficiency, cut costs and apply cryptography best practices.

Vantage Data Centers Expands EMEA Portfolio with Second Zurich Campus Fueled by More Than CHF 370 Million Investment

Retrieved on: 
Thursday, April 11, 2024
Data Management, Consumer Electronics, Technology, Engineering, Sustainability, Data Analytics, Manufacturing, Mobile, Wireless, Environment, Other Energy, Finance, Utilities, Security, Energy, Professional Services, Other Technology, Telecommunications, Software, Networks, Internet, Hardware, Zurich Airport, Vantage, Carbon, Intelligence, WSHP, PUE, Data, ASHP, WUE, Multimedia, Season

Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that it will open a second Zurich campus ( ZRH2 ) this summer.

Key Points: 
  • Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that it will open a second Zurich campus ( ZRH2 ) this summer.
  • View the full release here: https://www.businesswire.com/news/home/20240411671392/en/
    Vantage Data Centers is developing 24MW ZHR2 campus located in Glattfelden just outside of Zurich, Switzerland.
  • It is conveniently situated just over 20 kilometers from Vantage’s ZRH1 campus in Winterthur and 15 minutes from Zurich Airport.
  • Vantage will employ more than 400 individuals during peak construction and create approximately 25 jobs to operate the campus.

iPeakoin Expands Global Presence with New Office in Singapore

Retrieved on: 
Wednesday, April 24, 2024
Cryptocurrency, Fintech, Creativity, Government, Partnership, City, Growth

SINGAPORE, April 24, 2024 /PRNewswire/ -- iPeakoin, a leading enterprise-level cash management platform at the forefront of technology, was this week pleased to celebrate the opening of its new office in Singapore, further extending its international reach.

Key Points: 
  • SINGAPORE, April 24, 2024 /PRNewswire/ -- iPeakoin, a leading enterprise-level cash management platform at the forefront of technology, was this week pleased to celebrate the opening of its new office in Singapore, further extending its international reach.
  • Singapore, renowned for its robust regulatory framework, technological infrastructure, and thriving fintech ecosystem, presents an ideal location for iPeakoin to further enhance its innovative offerings.
  • By establishing a local presence, iPeakoin aims to leverage its expertise and experience to address the unique needs and challenges of the Asian market.
  • "We are thrilled to locate our Singapore headquarters to this prestigious location," said Michael Wu, the CEO of iPeakoin.

iPeakoin Expands Global Presence with New Office in Singapore

Retrieved on: 
Wednesday, April 24, 2024
Cryptocurrency, Fintech, Creativity, Government, Partnership, City, Growth

SINGAPORE, April 24, 2024 /PRNewswire/ -- iPeakoin, a leading enterprise-level cash management platform at the forefront of technology, was this week pleased to celebrate the opening of its new office in Singapore, further extending its international reach.

Key Points: 
  • SINGAPORE, April 24, 2024 /PRNewswire/ -- iPeakoin, a leading enterprise-level cash management platform at the forefront of technology, was this week pleased to celebrate the opening of its new office in Singapore, further extending its international reach.
  • Singapore, renowned for its robust regulatory framework, technological infrastructure, and thriving fintech ecosystem, presents an ideal location for iPeakoin to further enhance its innovative offerings.
  • By establishing a local presence, iPeakoin aims to leverage its expertise and experience to address the unique needs and challenges of the Asian market.
  • "We are thrilled to locate our Singapore headquarters to this prestigious location," said Michael Wu, the CEO of iPeakoin.

CSL Vifor and Travere Therapeutics Announce European Commission approves FILSPARI® (sparsentan) for the treatment of IgA Nephropathy

Retrieved on: 
Wednesday, April 24, 2024
Nephrology, Kidney disease, PROTECT, Proteinuria, European Commission, Kidney failure, Professor, CHMP, Irbesartan, European, EGFR, Senior, Patient, Kidney, CSL Vifor, CSL, Medicine, Committee, Civil service commission, RAAS, Teaching hospital, Clinical trial, Therapy, CMA, SAN, Pharmaceutical industry

ST. GALLEN, Switzerland and SAN DIEGO, April 24, 2024 /PRNewswire/ -- CSL Vifor and Travere Therapeutics, Inc., (NASDAQ: TVTX) today announced that the European Commission has granted conditional marketing authorization (CMA) for FILSPARI (sparsentan) for the treatment of adults with primary IgAN with a urine protein excretion ≥1.0 g/day (or urine protein-to-creatinine ratio ≥0.75 g/g). The CMA is granted for all member states of the European Union, as well as in Iceland, Liechtenstein and Norway.

Key Points: 
  • The CMA is granted for all member states of the European Union, as well as in Iceland, Liechtenstein and Norway.
  • Nephrology and Clinical Immunology at the University Hospital, RWTH Aachen, Germany, and steering committee member for the PROTECT clinical trial.
  • "The approval of this innovative treatment is based on data from the only head-to-head phase-III clinical trial in IgAN.
  • CSL Vifor expects to launch FILSPARI in the first European markets in the second half of 2024.