Federal Financial Supervisory Authority

New Report: Identity fraud doubled in crypto and banking in 2022

Retrieved on: 
Thursday, December 1, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221201005132/en/
    New Report: Identity fraud doubled in crypto and banking in 2022 (Graphic: Business Wire)
    Seven key findings from Sumsubs Identity Fraud Report:
    In 2022, over half of all fraud cases happened in five countries: Bangladesh (22%), Pakistan (15.2%), Vietnam (8.1%), Nigeria (5.4%) and the USA (5.1%).
  • The Sumsub report also highlights an approximately twofold increase in fraud targeting the crypto industryfrom 0.7% of all fraud cases to 1.5%.
  • Payment fraud grew 40% from 2021 to 2022, significantly increasing the share of this type of fraud worldwide.
  • Sumsubs annual identity fraud report for 2022 is available for download at this link: https://sumsub.com/fraud-report-2022/
    Sumsub research was performed between 2021 and 2022 with a focus on global fraud trends.

Asante Capital Group Strengthens European Presence With New Office in Munich

Retrieved on: 
Thursday, December 1, 2022

Asante Capital Group (Asante), a leading independent private equity placement and advisory group, today announced the opening of its Munich office as part of the firms strategic initiatives to connect European GPs with allocators worldwide.

Key Points: 
  • Asante Capital Group (Asante), a leading independent private equity placement and advisory group, today announced the opening of its Munich office as part of the firms strategic initiatives to connect European GPs with allocators worldwide.
  • Established across three continents, with 65 professionals, the firm is expanding its presence to continental Europe with this new office.
  • Asante will look to further enhance their capabilities by actively hiring individuals in the Munich office with deep, first-hand knowledge of the German and wider European markets.
  • Asante Capital Group is a leading independent private equity placement and advisory group.

EQS-News: Adler appeals against further partial decision by BaFin

Retrieved on: 
Sunday, November 27, 2022

Good and constructive dialogue with BaFin continued despite differences of opinion, overall assessment desired

Key Points: 
  • Good and constructive dialogue with BaFin continued despite differences of opinion, overall assessment desired
    Luxembourg, 17 November 2022 - The Adler group of companies (Adler) is appealing against a further decision by the German Federal Financial Supervisory Authority ("BaFin").
  • ADLER Real Estate was notified accordingly by BaFin.
  • However, it is apparent that Adler and BaFin have different opinions on this matter, which are now being clarified by taking legal action.
  • Adler emphasizes further that the BaFin's decision does not affect the validity of ADLER Real Estate's consolidated financial statements as of 31 December 2019.

EQS-News: clearvise AG informs about recent progress of the growth initiative clearSCALE2025

Retrieved on: 
Sunday, November 27, 2022

Wiesbaden, 22November 2022 - clearvise AG (WKN A1EWXA / ISIN DE000A1EWXA4), ("clearvise") is driving forward its activities under the clearSCALE2025 growth initiative.

Key Points: 
  • Wiesbaden, 22November 2022 - clearvise AG (WKN A1EWXA / ISIN DE000A1EWXA4), ("clearvise") is driving forward its activities under the clearSCALE2025 growth initiative.
  • All shareholders have the opportunity to participate in the capital increase by exercising their subscription rights and to accompany clearvise AG on its further growth path.
  • The Company and Tion have not yet determined an indication of the relevant value of clearvise AG, an indication of the purchase price.
  • clearvise AG is an independent electricity producer from renewable energies with a diversified, European plant portfolio.

EQS-News: Hypoport SE: exceptionally strong first half of 2022 followed by a weak third quarter in difficult market conditions

Retrieved on: 
Sunday, November 27, 2022

Consolidated revenue rose by 13 per cent year on year to reach 368 million in the first nine months of 2022.

Key Points: 
  • Consolidated revenue rose by 13 per cent year on year to reach 368 million in the first nine months of 2022.
  • The Hypoport Management Board has announced that cost levels will be adjusted across the Group to reflect the current market situation.
  • The Credit Platform segment recorded a 15percent increase in revenue to 168million in the first three quarters of 2022.
  • However, the segments revenue declined by 10percent to 49million in the third quarter of 2022.

Sumsub offers expertise on how to avoid a conversion-killer with video identification

Retrieved on: 
Thursday, November 24, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221124005002/en/
    Earlier this year, Sumsub announced its revamped Video Identification solution is compliant with German KYC/AML regulatory requirements set by BaFin.
  • BaFin, or the Federal Financial Supervisory Authority, is Germanys financial regulator that requires ompanies to conduct video interviews during remote verification as a part of AML obligations.
  • The talk will last approximately 60 minutes and will be moderated by Lucas Newman, Business Development Manager at Sumsub.
  • As the first regulated compliance-as-a-service provider, Sumsub has a team of compliance experts ready to consult on regulatory specifics worldwide.

Leading Digital Asset Index Provider Announces Partnership with Portfolio-as-a-Service Provider

Retrieved on: 
Wednesday, November 16, 2022

These Digital Asset Indexes enable investors to measure, benchmark, and capture the performance of targeted coins and categories within the digital asset ecosystem.

Key Points: 
  • These Digital Asset Indexes enable investors to measure, benchmark, and capture the performance of targeted coins and categories within the digital asset ecosystem.
  • In partnership with DemaTrading.ai, MarketVector will be able to leverage the DemaTrading.ai technology to enable crypto exchanges and asset managers to seamlessly offer its family of digital asset indexes, ultimately facilitating the purchase and holding of digital assets in managed portfolios.
  • We consider this partnership to be an important evolution toward expanding the digital asset ecosystem, he continued.
  • That's why DemaTrading.ai has built the technology that crypto exchanges and asset managers use to offer digital asset portfolios.

EQS-News: Bidders connected to XXXLutz Group publish offer document for takeover of home24 – acceptance period commences

Retrieved on: 
Friday, November 11, 2022

XXXLutz has already secured a c. 68.7 % stake in the current share capital of home24

Key Points: 
  • XXXLutz has already secured a c. 68.7 % stake in the current share capital of home24
    Wels, 11 November 2022 RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") have published the offer document for their voluntary public takeover offer (the "Offer") to the shareholders of home24 SE ("home24") today.
  • Consequently, home24 shareholders can tender their shares starting today for the highly attractive cash offer of EUR7.50 per share.
  • The acceptance period ends on 9 December 2022 at 24:00 hrs (local time in Frankfurt am Main, Germany) or 6pm respectively (local time in New York).
  • In addition, XXXLutz is considering a Delisting of the home24 shares from the stock exchange following completion of the Offer.

EQS-News: ProCredit Holding AG & Co. KGaA: ProCredit group reports resilient financial result as strong operational performance for 9M 2022 balances continued provisions for Ukrainian operations

Retrieved on: 
Friday, November 11, 2022

EQS-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • EQS-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: ProCredit group reports resilient financial result as strong operational performance for 9M 2022 balances continued provisions for Ukrainian operations
    The issuer is solely responsible for the content of this announcement.
  • Overall, the groups 9M 2022 results show good progress with regard to the guidance metrics for the financial year 2022.
  • At EUR 40.2million, net fee and commission income was 8.6% above the previous years level (9M 2021: EUR 37.1million).
  • Based on the strong efficiency improvements in 9M 2022, the cost-income ratio should improve to a level of 60-63% (2021: 64.2%).

EQS-News: ProCredit Holding AG & Co. KGaA: Hubert Spechtenhauser appointed Chair of the Management Board of ProCredit General Partner AG

Retrieved on: 
Friday, November 11, 2022

EQS-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • EQS-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: Hubert Spechtenhauser appointed Chair of the Management Board of ProCredit General Partner AG
    The issuer is solely responsible for the content of this announcement.
  • Frankfurt am Main, 9 November 2022 The Supervisory Board of ProCredit General Partner AG, the sole managing entity of ProCredit Holding AG & Co. KGaA, has resolved today to appoint a Chair of the Management Board for the first time.
  • Hubert Spechtenhauser joined the ProCredit group as a Senior Manager in November 2021 and has been a member of the Management Board of ProCredit General Partner AG since March 2022.
  • As Chairperson of the Management Board, Hubert Spechtenhauser is responsible for Corporate Office, Group Communications, Legal as well as Group and PCH Internal Audit of ProCredit Holding AG & Co. KGaA.