Quantexa Positioned by Global Risk Analyst Firm Chartis as a Category Leader in 2023 RiskTech 100 Report for Trade-Based Money Laundering Solutions

Chartis also gave top ranking to Quantexa’s Entity Resolution solution – addressing key data management challenges that are costing financial institutions millions

LONDON, Dec. 22, 2022 (GLOBE NEWSWIRE) — Today Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced that their Decision Intelligence Platform has been recognized as a category leader in the Chartis RiskTech100 report for Trade-Based Anti-Money Laundering Solutions (TBAML). Quantexa’s Decision Intelligence Platform has also been recognized by Chartis as a category leader in the recently released Chartis Financial Crime Risk Management Systems, Entity Management and Analytics Quadrant report.

RiskTech 100: Trade-Based Anti-Money Laundering Solutions
The 2023 RiskTech100 report ranks the world’s major players in risk and compliance technology. In the Trade-based money laundering (TBML) category Quantexa was named as a category leader for data support of their enterprise solution. The Quantexa Trade AML Solution was also ranked for depth of typology coverage, breadth of analytical techniques and workflow.

Today’s Anti-money laundering efforts face many growing and unresolved challenges. In a digital and globalized world, criminals are using a wide range of strategies to be successful – making context a critical factor in the ability to accurately detect trade-based money laundering. By unifying internal and external data sources and scaling to understand billions of transactions, Quantexa’s Decision Intelligence Platform helps organizations create a holistic view of transactional, customer, and counterparty information. Quantexa’s approach to TBAML provides more accurate and efficient detection so organizations can reduce risk, assure compliance, and protect their reputation. Increased alert quality and automation, combined with reducing the volume of false positives helps organizations gain efficiencies and do more with the resources they already have.

Financial Crime Risk Management Systems: Entity Resolution
Quantexa’s dynamic Entity Resolution Solution capability that is a critical part of its industry leading Decision Intelligence Platform was recognized for coverage, scalability, data enrichment, depth and breadth of data sources supported.

Quantexa’s Entity Resolution Solution is an advanced data matching capability that connects disparate and ambiguous internal and external data at scale. Entity Resolution creates focused and complete views of people, organizations, places, and other data delivering game changing data quality and match rate accuracy. Quantexa also supports ‘dynamic entity resolution’, which gives unique flexibility across multiple use cases and informs granular and extensive security protocols.

Decision Intelligence Platform
Quantexa’s Decision Intelligence Platform gives enterprises the ability to unify their data by connecting siloed sources and systems, providing the context needed to visualize the complex relationships that enable previously hidden risk to be discovered. Quantexa’s unique entity resolution technology can connect the most disparate and ambiguous internal and external data at scale to create single, complete views of people, organizations, places, and other data with 99% accuracy, handling poor quality data with exceptional performance. The result is a single view of data that becomes their most trusted and reusable resource across the organization.

Chartis Chief Researcher Sidhartha Dash said:

“Quantexa’s increasingly mature solutions and their strong implementations in large financial institutions leveraging network-based concepts, drove their rise in the RiskTech 100 as well as their leadership in TBAML and Entity Management quadrants.”

Quantexa Chief Product Officer Dan Higgins added:

“Quantexa is delighted to be included in the RiskTech 100 report, positioned very strongly amongst an esteemed list of enterprise solution providers. At Quantexa, we are keenly aware that criminals are hiding in plain sight and that traditional monitoring systems and manual controls just can’t handle today’s complexity, scale of activity and the underlying regulatory shifts, in particular the focus on counterparty risk, as well as customers. The usage of contextual monitoring to detect and manage the holistic financial crime and fraud risks within International Trade, including the identification of prerequisites such as underlying collusion, the presence of shell companies and professional money laundering gatekeeps and enablers has been a defining factor in Quantexa’s success in this space.”

ABOUT QUANTEXA

Quantexa is a global data and analytics software company pioneering Contextual Decision Intelligence that empowers organizations to make trusted operational decisions by making data meaningful. Using the latest advancements in big data and AI, Quantexa’s platform uncovers hidden risk and new opportunities by providing a contextual, connected view of internal and external data in a single place. It solves major challenges across data management, KYC, customer intelligence, financial crime, risk, fraud, and security, throughout the customer lifecycle.

The Quantexa Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. Founded in 2016, Quantexa now has more than 500 employees and thousands of users working with billions of transactions and data points across the world. The company has offices in London, New York, Boston, Washington DC, Brussels, Toronto, Singapore, Melbourne, and Sydney. For more information, contact Quantexa here or follow us on LinkedIn.

ABOUT CHARTIS

Chartis is a research and advisory firm that provides technology and business advice to the global risk management industry. Chartis provides independent market intelligence regarding market dynamics, regulatory trends, technology trends, best practices, competitive landscapes, market sizes, expenditure priorities, and mergers and acquisitions. Chartis’ RiskTech Quadrant reports are written by experienced analysts with hands-on experience of selecting, developing, and implementing risk management systems for a variety of international companies in a range of industries, including banking, insurance, capital markets, energy, and the public sector.

Media Inquiries:

C: Laurel Case, VP, Fight or Flight

T: +1 315 663 6780

E: Quantexa@fightflight.co.uk

C: Adam Jaffe, SVP of Corporate Marketing
T: +1 609 502 6889
E: adamjaffe@quantexa.com
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RapidResponse@quantexa.com

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Synchronoss Announces More Than 30 Million RCS-Based Messaging Subscribers in Japan

Leveraging the Synchronoss Advanced Messaging Platform, NTT DOCOMO, KDDI, and SoftBank Deliver Cross-Operator Advanced Messaging Service Enabling Users and Brands to Communicate, Interact, and Transact

BRIDGEWATER, N.J., Dec. 21, 2022 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (NASDAQ: SNCR), a global leader and innovator in cloud, messaging and digital products and platforms, today announced a new milestone in Japan for its Synchronoss Advanced Messaging platform. In collaboration with mobile operators NTT DOCOMO, KDDI, and SoftBank, the Japanese consortium now supports 32.5 million subscribers of +Message, the cross-operator RCS service powered by Synchronoss Advanced Messaging.

The current milestone represents a 62 percent increase in subscribers since Synchronoss noted the progress of the Japanese consortium’s deployment of its Rich Communications Service (RCS) in November 2020.

Offering a feature-rich text messaging system, +Messaging allows Japanese users to communicate with friends and family, in addition to providing the capability to interact and engage with brands and businesses safely and securely.

The consortium’s +Messaging service is powered by Synchronoss Advanced Messaging, an end-to-end platform and mobile commerce suite that allows operators to deliver an advanced messaging ecosystem. Synchronoss Advanced Messaging connects brands and content providers with subscribers, offering new ways to communicate and transact commerce.

“The adoption of more than 30 million +Messaging subscribers in Japan further validates the value of RCS and how mobile operators can utilize it to offer new revenue-generating services,” said Yosuke Morioka, General Manager, Japan, at Synchronoss. “We look forward to working with NTT DOCOMO, KDDI, and SoftBank to explore additional market opportunities for this feature-rich technology platform.”

It is signification that +Message currently is available for all the mobile phone brands of the three operators and MVNO. In addition, it now supports public personal identification (JPKI) with My Number cards, allowing the users to open a bank account or use a credit card with easy and secure verification of the identity via +Message, delivering more engaging experiences within the mobile ecosystem.

About Synchronoss

Synchronoss Technologies (NASDAQ: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding, and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market. Hundreds of millions of subscribers trust Synchronoss products to stay in sync with the people, services, and content they love. Learn more at www.synchronoss.com.

Media Relations Contact:
Domenick Cilea
Springboard
dcilea@springboardpr.com

Investor Relations Contact:
Matt Glover / Tom Colton
Gateway Group, Inc.
SNCR@gatewayir.com

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Activant la « Vision 2040 d’Oman », PowerChina établit de nouvelles normes en matière d’énergie renouvelable avec le projet photovoltaïque Ibri à Oman

PÉKIN21 décembre 2022/PRNewswire/ — Un reportage de haiwainet.cn :

Selon un rapport publié récemment par le World Government Summit, Oman, la Jordanie, la Tunisie, les Émirats arabes unis, l’Algérie et le Maroc ont pris l’initiative d’atteindre 60 % des Objectifs de développement durable (ODD) pour 2030.

Depuis le lancement de la « Vision 2040 d’Oman », Oman encourage la coopération internationale dans le domaine des énergies renouvelables. En janvier 2022, le plus grand projet d’énergie renouvelable d’Oman, le projet photovoltaïque Ibri d’Oman, entrepris par PowerChina, a été achevé.

Il s’agit du plus grand projet photovoltaïque d’Oman à l’heure actuelle ; sa puissance installée atteint les 607 MW et la production annuelle d’électricité atteint les 1 598 GWh, ce qui peut couvrir la consommation annuelle d’électricité de 50 000 ménages locaux. Il est crucial de sécuriser l’approvisionnement en énergie et de diversifier la structure énergétique d’Oman.

La construction d’une centrale photovoltaïque à grande échelle dans le désert nécessite non seulement de tenir compte des températures extrêmes en été, mais aussi des conditions géologiques complexes et des tempêtes de poussière. Pendant les tempêtes, une épaisse couche de poussière s’accumule sur les panneaux photovoltaïques, ce qui diminue l’efficacité de la production d’énergie.

Pour faire face aux tempêtes de poussière, l’équipe du projet a fait une tentative innovante : installer des robots de nettoyage intelligents sur les panneaux. Les robots nettoieront automatiquement la poussière qui recouvre les panneaux. Ce projet combine pour la première fois le système de suivi photovoltaïque et le système de nettoyage automatique ; il améliore grandement l’efficacité de la production d’énergie et réduit les coûts d’exploitation et d’entretien, établissant de nouvelles normes pour l’exploitation et l’entretien des centrales électriques à grande échelle au Moyen-Orient.

PowerChina a obtenu 41 brevets pour des inventions et des modèles d’utilité, terminé une monographie et a publié 8 articles scientifiques dans le cadre de ce projet. Dans le même temps, l’énergie propre produite par le projet photovoltaïque Ibri d’Oman devrait réduire les émissions de carbone de 340 000 tonnes par an, contribuant ainsi à lutter contre le changement climatique et à atteindre la neutralité carbone.

Former Judge on China’s Top Court Suggests End to Prosecution of ‘Zero-COVID’ Violators

A former judge of the Supreme People’s Court, the highest court in China, is calling for the suspension or revocation of cases against some 80 people found guilty of violating “zero-COVID” policy regulations since the advent of omicron, a less deadly variant that began spreading in December 2021.

China implemented the zero-COVID policy in January 2020, the month after the virus was first detected in humans in Wuhan. Anyone convicted of obstructing the prevention and control of COVID-19 faced a prison sentence of three to seven years, according to regulations set forth by the National Health and Medical Commission of China on January 20, 2020.

Offenses included leaving home during lockdown

The offenses included violations such as leaving home during a lockdown without official authorization and concealing travel plans. Both made it difficult for authorities to trace contacts and contain the virus. Other offenses included avoiding quarantine, concealing close contact history and refusing to perform duties related to COVID containment.

Huang Yingsheng, the former judge, posted on December 10 on the Chinese blogging platform Baidu Baijiahao that because Beijing has relaxed its zero-COVID policy, it is no longer appropriate to prosecute, convict and punish people for violating containment regulations. He posted on the topic again on Monday.

In an interview published Tuesday in the Economic Observer Network, a weekly government-run newspaper, Huang emphasized that since COVID mutated into the less deadly omicron strain in November 2021, “cases where people have been criminally or administratively punished for spreading the virus should also be corrected.”

In cases that originated after the advent of omicron but that are still in progress, Huang said, the trial should be terminated, the accused acquitted, and the case withdrawn without further prosecution. For cases in which a sentence has been imposed, the verdict should be overturned and those who are imprisoned should be freed. And, like those whose sentence was a period of probation, their record should be cleared.

Wang Quanzhang, a Chinese human rights lawyer, said that the Law on the Prevention and Control of Infectious Diseases fails to specify exactly what is illegal.

“The law is defined by specific law enforcement officers and judiciary,” Wang told VOA Mandarin. “The scope of attack is very large. Even if someone’s travel code has an error, or he fails to report his travel history truthfully, he may be arrested and charged for this crime.”

Cases still under investigation

Cai Fan, a retired associate professor of law at Wenzhou City University in Zhejiang, suggested that it would be difficult for authorities to adopt Huang’s recommendations, saying, “After three years of COVID prevention, some people have been detained and sentenced. If you delete all the cases of these people, then the country will have to pay compensation. How can that be possible?”

Zero-COVID criminal cases in Sichuan, Hunan and Shanxi provinces and elsewhere are still under investigation. At least three infected people in Hunan were being investigated for not reporting their infections to the community, not wearing masks when they entered and exited multiple public places, or for infecting other people, according to a local news network run by the government.

Wang, the human rights lawyer, believes it may be difficult to change the course of prosecution.

“Excessive reliance on the law makes it difficult to correct unjust, false and wrongly decided cases even if new situations arise,” he said. “But [the] mechanism is top-down. New regulations need to be issued and a systematic correction needs to be adopted. By then, some innocent people may have been locked up for a long time.”

Source: Voice Of America

Russia Mulls Early Return of Space Station Crew After Soyuz Capsule Leak

Russia’s space agency said it is considering a plan to send an empty spacecraft to the International Space Station (ISS) to bring home three crew members ahead of schedule, after their Soyuz capsule sprang a coolant leak while docked to the orbiting outpost.

Roscosmos and NASA officials said at a news conference Thursday they continue to investigate how the coolant line of the capsule’s external radiator sustained a tiny puncture last week, just as two cosmonauts were preparing for a routine spacewalk.

No final decision has been made about the precise means of flying the capsule’s three crew members back to Earth, whether by launching another Soyuz to retrieve them or by the seemingly less likely option of sending them home in the leaky capsule without most of its coolant.

Last week, Sergei Krikalev, Russia’s chief of crewed space programs, said the leak could have been caused by a micrometeoroid strike. But he and his NASA counterparts have left open the possibility of other culprits, such as a hardware failure or an impact by a tiny piece of space debris.

The Dec. 14 leak prompted mission controllers in Moscow to call off the spacewalk as a live NASA webcast showed what appeared to be a flurry of snowflake-like particles spewing from the rear of the Soyuz spacecraft.

The leak lasted for hours and emptied the radiator of coolant used to regulate temperatures inside the crew compartment of the spacecraft.

NASA has said that none of the ISS crew was ever in any danger from the leak.

Cosmonauts Sergey Prokopyev and Dimitri Petelin, who were suited up for the spacewalk at the time, flew to the ISS aboard the now-crippled Soyuz MS-22 capsule along with U.S. astronaut Frank Rubio in September.

They were originally scheduled to fly back on the same spacecraft in March, but Krikalev and NASA’s ISS program manager, Joel Montalbano, said Roscosmos would return them to Earth two or three weeks early if Russian space officials decide to launch an empty crew capsule for their retrieval.

Four other ISS crew members — two more from NASA, a third Russian cosmonaut and a Japanese astronaut — rode to the ISS in October via a NASA-contracted SpaceX Crew Dragon and they also remain aboard, with their capsule parked at the station.

The leak has upended Russia’s ISS routines for the weeks ahead, forcing a suspension of all future Roscosmos spacewalks as officials in Moscow shift their focus to the leaky MS-22, a designated lifeboat for its three crew members if something goes wrong aboard the space station.

Two U.S. astronauts, Rubio and Josh Cassada, conducted a seven-hour spacewalk without incident on Thursday to install a new roll-out solar array outside the station, NASA said.

If MS-22 is deemed unsafe to carry crew members back to Earth, another Soyuz capsule in line to ferry Russia’s next crew to the station in March would instead “be sent up unmanned to have (a) healthy vehicle on board the station to be able to rescue crew,” Krikalev, Roscosmos’ executive director for human spaceflight, told reporters.

No mention was made of possibly sending a spare SpaceX Dragon for crew retrieval.

Pinpointing the cause of the leak could factor into decisions about the best way to return crew members.

The recent Geminid meteor shower initially seemed to raise the odds of a micrometeoroid strike as the origin, but the leak was facing the wrong way for that to be the case, Montalbano said, though a space rock could have come from another direction.

Sending the stricken MS-22 back to Earth unfixed with humans aboard appeared an unlikely choice given the vital role the coolant system plays to prevent overheating of the capsule’s crew compartment, which Montalbano and Krikalev said was currently being vented with air flow allowed through an open hatch to the ISS.

Source: Voice Of America