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With the goal of making the management of KYC data more efficient and effective, Know Your Customer (KYC) company Invidem, owned by leading Nordic banks, has signed long-term agreements with innovative IT solution providers Encompass and iMeta Technologies.

Invidem - Nordic KYC Utility | Encompass company newsEncompass will provide Invidem with highly automated KYC data gathering and iMeta will provide the core Client Lifecycle Management (CLM) system for management of the KYC information.

As gatekeepers and operators of the financial infrastructure

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Key Headlines

  • Oil prices rebound on hopes for a positive outcome during Saudi-Russia meeting
  • Asian refiners cut operating rates as demand collapses further
  • Exxon to reduce it capital expenditure by 30% to adapt to falling crude
  • KNPC announces completion of biofuel project at Al-Ahmadi refinery
  • Exolon Group expands production of polycarbonate and polyester sheets

International Plant Shutdown News

  • BF Energy to Hold-Up Full Restart at its Refinery After Turnaround

BF Energy Incorporation is purposely holdi

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Advanced medical imaging offers improved image quality, fewer doses, and faster process timings. Medical imaging workstations have evolved dramatically over the past few years, which have compelled businesses to focus more on improving technology and provide public access to the software.

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The application of workstations and IT in medical imaging is developing rapidly. Integration, however, is not yet in its final stages. While monitoring and interpreting the trends is difficult, it is important t

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Global prices of crude oil further nosedived on Monday after Russia and Saudi Arabia delayed a critical meet to discuss over implementing a cut in oil production in order to alleviate oversupply in global market. After the last OPEC meet, the two oil producing giants have aggravated their rifts by indulging in a blame game over the fault in crude crises. Hence, pushing the scheduled date of discussion to Thursday that is 9 April. With ongoing crude production, Brent crude further fell to $30.03

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For 77% of insurance providers, better, faster, more intuitive service and better customer retention is the stated goal. These companies have their focus where it should be because the research shows clearly that it is the quality of the customer experience that drives growth, grows profits, and cultivates loyalty.

These companies are responding to our ground-breaking report; The Connected Insurance Report for insights and strategies from leading carriers. Here, top insurance providers are learni

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Prosthetics include the use of artificial limbs (prostheses) to enhance the function and lifestyle of individuals with loss of limbs. The prosthesis has to be a precise combination of appropriate materials, alignment, design, and construction to fit the individual's functional needs. These requirements are dynamic and differ from the upper and lower extremities.

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Lower limb prostheses may tackle standing and walking mobility, shock absorption, energy recovery, and return, aesthetic appearance and

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Courage sprouts risk and opportunity

8028310683?profile=originalBeing courageous with your decision making is key to adaptative leadership which I have been writing about for the last couple of weeks. Easy to say, yet you and I both know that courageous decisions are full of risk and opportunity. Will it work? What will it cost me? What unforeseen problems am I creating? Yet, the need requires the risk, or the opportunity is simply too significant to pass up.

Take the manufacturers turning to supply plastic face masks with 3D printers or the ones now producin

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The software defined radio (SDR) technology has undergone various technical and use-related changes in the past few years. SDR is a radio communication system where communication is carried out with software on an embedded system or personal computer. It eliminated the use of any hardware like amplifiers, filters, detectors, mixers, and modulators. Software defined radio can transmit and receive a broad frequency spectrum.

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What is the software defined radio technology?

Software-defined radio conti

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Organizations today are spending money on the latest technologies and working hard to solve problems as they arise. Yet, sad to say,pic-1-Developing-an-Innovation-Mindset-1-300x200.jpeg?profile=RESIZE_710x this is simply not enough.

Today, to get on top of today’s fiercely competitive business environment, organizations need to take a strategic move: Develop an Innovation Mindset. What is an Innovation Mindset? What does it take to develop an Innovation Mindset? Often, this can be mindboggling as we get confused as to understanding what is an Innovation Mindset. Devel

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On Friday, crude oil observed an astonishing drift after witnessing a much-awaited gains post the U.S. President Donald Trump’s triumphant tweet on Thursday. This fall in oil prices is an indication of market skepticism over the deal to settle Saudi and Russia price war without emphasizing on the oil production scale of U.S. The situation may force the U.S. shale producers to believe that majors want to dominate the issue so they can remove smaller rivals in the country’s biggest shale basins, i

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Global crude oil collapsed to its lowest level since 2002, on heightened fears that the shutdowns due to coronavirus spread could last for months and demand outlook for fuel seems negative decline further. On Tuesday, by 10:40 a.m. EDT, Brent futures fell by 9.8 percent to $22.50 per barrel while US West Texas Intermediate (WTI) crude fell by 5.7 percent to USD 20.29. The plunge in oil prices had a positive impact on oil & gas stocks amid the lockdown challenges in the Indian stock market. Nifty

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Risk management actions are important for all businesses, regardless of their size or segment. 

To understand this, just remember that, whatever the process in your daily life, the risks represent uncertainties regarding the results achieved. It may be the risk that the raw material will run out, that a machine or equipment will stop working, that a tool will fail, that productivity will fall, in short. 

As much as you use accurate data when making your projections, it is impossible to determine w

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As most businesses adjust to a new, largely remote, way of working, the benefits of regtech, both in terms of continuing to tackle financial crime and implementing efficient processes, are becoming increasingly evident.

Criminals are taking advantage of the COVID-19 pandemic to carry out financial fraud and exploitation scams, which is why businesses must remain vigilant, according to the Financial Action Task Force (FATF).

In a statement, they highlighted that “various medical scams targeting inn

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Post-merger Integration is a highly complex process. It requires swift action as well as running the core business activities pic-1-PMI-Day-One-Activities-300x199.jpg?profile=RESIZE_710xsimultaneously.  There is no one-size-fits-all approach to a successful PMI Process. However, careful planning focusing on the strategic objectives of the deal and the identification and capturing of synergies will help maximize deal value.

It is inevitable that some elements of information will be withheld from a Buyer pre-deal. Further, not all the synergy benefits origi

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The human body is almost always vulnerable to the toxic materials that are in the air because of a lot of recent environmental changes. However, the body can effectively fight these toxins with a healthy lifestyle and a healthy liver. Liver health supplements help to support and promote a healthy liver. This, in turn, leads to the overall health of the physical health. Some of the pills consist of milk thistle. Milk thistle is mainly used for a component known as silymarin, which is a major anti

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Dear Global Risk Community member,
The current situation regarding coronavirus means organisations are making quick yet calculated moves to maintain business continuity, while securing their employees' health. As a result we have seen a big leap in demand for our distance learning courses as well as our customised digital solutions.

While this health epidemic hopefully won't last too long we have resp

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Global IPA Industry to Benefit from Bullish Market Sentiments 
Isopropyl alcohol (IPA), one of the most demanded chemicals these days, has recorded several weeks hike in its international prices which were heard up to almost double this week. The astonishing increase in the IPA prices has been attributed to its skyrocketing demand as a key disinfectant in hand sanitizers and alcohol wipes. CDC has recommended the use of alcohol-based hand sanitizers with more than 60% ethanol or 70% isopropanol i

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The rapid growth in the usage of smartphones and other connected mobile devices has caused a spurt in the amount of data that flows through telecom operator networks. The operators must process, store, and extract information from the available data. By helping to optimize network use and services, improve customer experience, and improve security, Big Data analytics will help them increase productivity.

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Research has shown that telecom companies have significant potential to benefit from Big Data

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Keeping up-to-date with legal changes across multiple jurisdictions and international boundaries is a challenge for every business. This on-demand webinar explores how to keep track of only the regulations that matter to your business, and how to ensure individual sites remain compliant.

Watch the webinar here:

In this webinar, in partnership with IsoMetrix, you will learn:

  • 7 steps to perfecting compliance management across a multi-jurisdictional environment
  • How to link risk and consequence to site-
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Today’s C-suite is making a significant investment in new technologies.  Yet, it is failing to achieve full value. Technologies are beingpic-1-Innovation-Leadership-Mindset-300x199.jpeg?profile=RESIZE_710x deployed in pockets or silos without a Strategy for scaling the Innovation from these technologies across the enterprise. Unable to scale their Innovation, organizations are not realizing the full benefits of their technology investments.

An Innovation Achievement Gap exists. What is the Innovation Achievement Gap? This is the difference between potential and r

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