European Parliament

Instant Payments To Significantly Boost Finances of Young Adults in Europe

Retrieved on: 
Sunday, March 17, 2024

ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, instant payments technology , today revealed striking new data proving instant paymentsii will boost the financial prospects of young adults in the EU.

Key Points: 
  • ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, instant payments technology , today revealed striking new data proving instant paymentsii will boost the financial prospects of young adults in the EU.
  • As a result, instant payments as a share of all electronic payments in the EU will increase by 6.1% (from 5% in 2023 to 11.1% in 2028)iii.
  • ACI Worldwide’s 2023 Prime Time for Real-Time report shows the share of instant payments among electronic payments in the EU is significantly behind Africa, Asia, the Middle East, and Latin America.
  • Now that instant payments are mandated and expected to grow significantly, young people in the EU will benefit – as will others,” said Craig Ramsey, global head, real-time payments, ACI Worldwide.

Credo AI Launches Governance, Risk, and Compliance for AI to Streamline Safe AI Adoption

Retrieved on: 
Thursday, March 14, 2024

In response, Credo AI today introduced groundbreaking enhancements to empower comprehensive GRC for AI systems, ensuring enterprises navigate the complexities of AI adoption with confidence and integrity.

Key Points: 
  • In response, Credo AI today introduced groundbreaking enhancements to empower comprehensive GRC for AI systems, ensuring enterprises navigate the complexities of AI adoption with confidence and integrity.
  • GRC for AI includes a set of new features and an intuitive redesign of the Credo AI user interface.
  • This platform update meets AI Governance Custodians where they are to streamline the jobs to be done to ensure safe and responsible AI — including those specific jobs articulated in the EU AI Act.
  • Streamlined redesign of AI Use Case Intake, empowering AI Governance Custodians to unite AI stakeholders for comprehensive oversight
    To learn more about AI governance, risk and compliance and the specific features in this release, visit credo.ai .

FiscalNote Announces Fourth Quarter and Full Year 2023 Financial Results; Exceeds Adjusted EBITDA Expectations

Retrieved on: 
Tuesday, March 12, 2024

The Company’s financial results demonstrate FiscalNote’s strong fundamentals including revenue growth of 17% year-over-year in 2023, high gross margins, a diversified blue chip customer base and positive adjusted EBITDA of approximately $3 million(1) in the fourth quarter of 2023.

Key Points: 
  • The Company’s financial results demonstrate FiscalNote’s strong fundamentals including revenue growth of 17% year-over-year in 2023, high gross margins, a diversified blue chip customer base and positive adjusted EBITDA of approximately $3 million(1) in the fourth quarter of 2023.
  • This compares to revenue of $31.4 million and non-GAAP adjusted revenue of $31.5(1) million in the fourth quarter of 2022.
  • Adjusted EBITDA of $3.0 million(1), above the Company’s guidance range announced in November 2023 of approximately $2.5 million.
  • This is an increase of 157% or $8.2 million year-over-year compared to an adjusted EBITDA loss of $5.2 million(1) in the fourth quarter of 2022.

The National Wooden Pallet & Container Association (NWPCA) Secures Major Win for Wooden Pallet Manufacturers in New EU Packaging Regulation

Retrieved on: 
Wednesday, March 27, 2024

ALEXANDRIA, Va., March 26, 2024 /PRNewswire/ -- NWPCA today announced a significant victory for wooden pallet manufacturers worldwide following the finalization of the European Union's (EU) Packaging and Packaging Waste Regulation (PPWR).

Key Points: 
  • ALEXANDRIA, Va., March 26, 2024 /PRNewswire/ -- NWPCA today announced a significant victory for wooden pallet manufacturers worldwide following the finalization of the European Union's (EU) Packaging and Packaging Waste Regulation (PPWR).
  • NWPCA's successful advocacy efforts secured an exemption from the regulation's reuse requirements for wooden pallets entering and leaving the EU under load.
  • The PPWR aims to tackle the pressing issue of packaging waste by introducing rules for all packaging placed on the EU market.
  • Jason Ortega, Vice President of Public Affairs at NWPCA, stated, "This exemption is a clear win for wooden pallet manufacturers globally.

Notice to Kindred Group plc AGM

Retrieved on: 
Friday, March 22, 2024

SLIEMA, Malta, March 22, 2024 /PRNewswire/ -- NOTICE IS HEREBY GIVEN that THE ANNUAL GENERAL MEETING ("AGM") of Kindred Group plc (C 39017) (the "Company") will be held on Friday 26 April 2024 at 10:00 CEST at Kindred's office, Regeringsgatan 25, Stockholm, Sweden.

Key Points: 
  • SLIEMA, Malta, March 22, 2024 /PRNewswire/ -- NOTICE IS HEREBY GIVEN that THE ANNUAL GENERAL MEETING ("AGM") of Kindred Group plc (C 39017) (the "Company") will be held on Friday 26 April 2024 at 10:00 CEST at Kindred's office, Regeringsgatan 25, Stockholm, Sweden.
  • Holders of SDRs who wish to exercise their voting right at the AGM must:
    (ii) no later than Friday 19 April 2024 23:59 CET either register their intention to attend the AGM, or exercise their voting rights, by following the link https://anmalan.vpc.se/euroclearproxy , and clicking through to Kindred Group, and logging in with BankID.
  • It is proposed that the AGM conducts the following business:
    Standards for the year ended 31 December 2023, together with
    the Report of the Auditors.
  • CVs for the current Directors are to be found on pages 60-62 in the Kindred Group plc Annual Report for 2023 and on the Company's website.

Notice to Kindred Group plc AGM

Retrieved on: 
Friday, March 22, 2024

SLIEMA, Malta , March 20, 2024 /PRNewswire/ -- NOTICE IS HEREBY GIVEN that THE ANNUAL GENERAL MEETING ("AGM") of Kindred Group plc (C 39017) (the "Company") will be held on Friday 26 April 2024 at 10:00 CEST at Kindred's office, Regeringsgatan 25, Stockholm, Sweden.

Key Points: 
  • SLIEMA, Malta , March 20, 2024 /PRNewswire/ -- NOTICE IS HEREBY GIVEN that THE ANNUAL GENERAL MEETING ("AGM") of Kindred Group plc (C 39017) (the "Company") will be held on Friday 26 April 2024 at 10:00 CEST at Kindred's office, Regeringsgatan 25, Stockholm, Sweden.
  • Holders of SDRs who wish to exercise their voting right at the AGM must:
    (ii) no later than Friday 19 April 2024 23:59 CET either register their intention to attend the AGM, or exercise their voting rights, by following the link https://anmalan.vpc.se/euroclearproxy , and clicking through to Kindred Group, and logging in with BankID.
  • It is proposed that the AGM conducts the following business:
    Standards for the year ended 31 December 2023, together with
    the Report of the Auditors.
  • CVs for the current Directors are to be found on pages 60-62 in the Kindred Group plc Annual Report for 2023 and on the Company's website.

Navigating "Green Claims" Regulatory Change with Lenzing

Retrieved on: 
Thursday, March 21, 2024

LENZING, Austria, March 21, 2024 /PRNewswire/ -- Due to increasing concerns around climate change, consumers are constantly seeking ways to contribute positively.

Key Points: 
  • LENZING, Austria, March 21, 2024 /PRNewswire/ -- Due to increasing concerns around climate change, consumers are constantly seeking ways to contribute positively.
  • Lenzing Group, a leading global producer of wood-based specialty fibers, is committed to working with the textile value chain to navigate through the changing regulatory landscape and supporting consumers to make informed choices.
  • AT/016/001) in 2002, Lenzing continues to focus on enhancing its impact on the value chain, driving systematic change and advancing circularity.
  • Given the evolving consumer needs and regulatory landscapes, Harold underscored the importance for companies like Lenzing to stay abreast of changes and consumer behaviors.

Navigating "Green Claims" Regulatory Change with Lenzing

Retrieved on: 
Thursday, March 21, 2024

LENZING, Austria, March 21, 2024 /PRNewswire/ -- Due to increasing concerns around climate change, consumers are constantly seeking ways to contribute positively.

Key Points: 
  • LENZING, Austria, March 21, 2024 /PRNewswire/ -- Due to increasing concerns around climate change, consumers are constantly seeking ways to contribute positively.
  • Lenzing Group, a leading global producer of wood-based specialty fibers, is committed to working with the textile value chain to navigate through the changing regulatory landscape and supporting consumers to make informed choices.
  • AT/016/001) in 2002, Lenzing continues to focus on enhancing its impact on the value chain, driving systematic change and advancing circularity.
  • Given the evolving consumer needs and regulatory landscapes, Harold underscored the importance for companies like Lenzing to stay abreast of changes and consumer behaviors.

Angeion Group Welcomes Maria José Azar-Baud as Global Collective Actions Expert

Retrieved on: 
Wednesday, March 13, 2024

PHILADELPHIA, March 13, 2024 /PRNewswire/ -- Angeion Group, a global provider of settlement administration and legal noticing services, proudly announces the appointment of Maria José Azar-Baud as Global Collective Actions Expert.

Key Points: 
  • PHILADELPHIA, March 13, 2024 /PRNewswire/ -- Angeion Group, a global provider of settlement administration and legal noticing services, proudly announces the appointment of Maria José Azar-Baud as Global Collective Actions Expert.
  • Maria José Azar-Baud, born in Argentina, brings a distinguished background to her role as Global Collective Actions Expert at Angeion Group.
  • Throughout her career, Maria José has authored over 80 contributions in multiple languages, focusing on class actions, collective actions, and group actions across various legal domains.
  • "We are thrilled to welcome Maria José Azar-Baud to Angeion Group as our Global Collective Actions Expert.

Media Alert: IBM Applauds EU Parliament's Approval of the EU AI Act

Retrieved on: 
Wednesday, March 13, 2024

BRUSSELS, March 13, 2024 /PRNewswire/ -- IBM (NYSE: IBM ) applauds the EU Parliament's decision to adopt the EU AI Act, a significant milestone in establishing responsible AI regulation in the European Union.

Key Points: 
  • BRUSSELS, March 13, 2024 /PRNewswire/ -- IBM (NYSE: IBM ) applauds the EU Parliament's decision to adopt the EU AI Act, a significant milestone in establishing responsible AI regulation in the European Union.
  • The EU AI Act provides a much-needed framework for ensuring transparency, accountability, and human oversight in developing and deploying AI technologies.
  • While important work must be done to ensure the Act is successfully implemented, IBM believes the regulation will foster trust and confidence in AI systems while promoting innovation and competitiveness.
  • "IBM stands ready to lend our technology and expertise – including our watsonx.governance product – to help our clients and other stakeholders comply with the EU AI Act and upcoming legislation worldwide so we can all unlock the incredible potential of responsible AI."