Decision Intelligence Leader Quantexa Awarded Google Cloud’s Industry Solution Technology Partner of the Year for Line of Business Processes

LONDON and NEW YORK, Aug. 29, 2023 (GLOBE NEWSWIRE) — Today, Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced that it has won the 2023 Google Cloud's Industry Solution Technology Partner of the Year award for Line of Business Processes. The award comes after its Decision Intelligence Platform and solutions were made available on Google Cloud Marketplace in April 2023.

Quantexa is recognized for the strength of its line of business solutions. Their Line of Business Processes removes traditional manual data capture by connecting internal and external data and creating an accurate single view of customers. Quantexa's advanced Line of Businesses processes capabilities were awarded in acknowledgement of the technologies ability to monitor KYC profiles and automate the detection and prioritization of real risk and opportunities.

Key capabilities included in Quantexa's AI–enabled KYC solution are onboarding, remediation, enhanced due diligence (EDD), and perpetual KYC (pKYC). By deploying the solution, Google Cloud customers can focus their risk management efforts and facilitate trust with customers, leading to increased revenue generation. Plus, by gaining a true understanding of those they are doing business with joint customers will see benefits across the banking value chain, including improved financial crime, AML, and fraud detection.

Making the Quantexa Decision Intelligence Platform available via Google Cloud has given organizations in banking, insurance, telecommunications, and government agencies the ability to connect their data across siloed systems, making it simple for global enterprise customers to trust their data and augment and automate decision–making to protect, optimize, and grow their business.

Dan Higgins, Chief Product Officer at Quantexa: "Together with Google Cloud, we've been able to bring cutting–edge compliance and risk technology solutions to the Cloud and give our joint customers flexible deployment options. This partnership is enabling IT and infrastructure teams to be more agile and support line–of–business leaders working in an ever–evolving risk landscape. The recognition by Google Cloud further highlights our achievements in enabling organizations to leverage Decision Intelligence to master customer and risk management."

"Google Cloud's partner awards recognize the significant impact and customer success that our partners have driven over the past year," said Kevin Ichhpurani, Corporate Vice President, Global Ecosystem and Channels at Google Cloud. "We're delighted to recognize Quantexa as a 2023 Google Cloud Partner Award winner and look forward to a continued strong partnership in support of our mutual customers."

To learn more about how your organization can benefit from Quantexa's KYC solution and other Decision Intelligence Platform capabilities, please visit: www.quantexa.com

Notes To Editors:

The award win comes ahead of Quantexa's Global Insurance Roadshow with Accenture, Google Cloud and Quantexa in APAC, EMEA & North America. The events will educate insurers on how to leverage AI to create hyper–personalized customer experiences and will be hosted in the following cities and dates:

About Quantexa
Quantexa is a global data and analytics software company pioneering Decision Intelligence that empowers organisations to make trusted operational decisions by making data meaningful. Using the latest advancements in big data and AI, Quantexa's Decision Intelligence 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 650 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, Toronto, Malaga, Brussels, Amsterdam, Dublin, Luxemburg, Singapore, Melbourne, Sydney, and Dubai. For more information, please visit www.quantexa.com or follow us on LinkedIn.

Media Enquiries

C: Stephanie Crisp, Associate Director and Media Strategist, Fight or Flight
E: quantexa@fightorflight.com

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


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The Commonwealth of Dominica Enhances Security and Management of the Citizenship by Investment Programme

Roseau, Aug. 29, 2023 (GLOBE NEWSWIRE) — The Commonwealth of Dominica has taken significant steps to bolster the security and management protocols for its Citizenship by Investment Programme, aimed at fortifying the integrity and longevity of the programme.

Dr. Roosevelt Skerrit, the Prime Minister of Dominica, has been collaborating closely with various stakeholders, including international consultants, to conduct a comprehensive audit of the investment migration programme. Building on an initial audit undertaken last year by a UK consulting firm, the government has been actively implementing new and improved processes through the Citizenship by Investment Unit.

During his recent Budget Speech, the Prime Minister unveiled plans to enlist a globally vetted management consulting firm to oversee the overall operations and management of the Citizenship by Investment Programme. While Dominica already boasts a proactive due diligence process, the government is committed to its further reinforcement, vowing "to leave no stone unturned to strengthen it."

"We take this matter very seriously and will increase our efforts in showcasing our robust due diligence and risk mitigation efforts on all fronts." the Prime Minister affirmed.

Over the past 18 months, the Government of Dominica has undertaken several measures to elevate the security of its investment migration programme.

A United States–based firm has already conducted anti–money laundering and counter–terrorism financing training for all Citizenship by Investment Unit staff as the Unit undergoes restructuring. The CBIU was restructured under the supervision of an expert compliance officer to ensure that all procedures were updated, quality control measures strictly followed, and all IT systems upgraded.

The government made a bold move at the start of the year, giving notice of its intent to revoke the citizenship of those who made false declarations or misrepresentations in their applications, particularly relating to previous visa rejections from countries with which Dominica has visa–free treaties.

Dominica has also introduced biometric travel documents and updated its naturalisation certificate, enhancing its security features.

Citizens of the Kurdistan region in Iraq, Russia and Belarus do not qualify for citizenship in Dominica as international security authorities have flagged the regions as high risk. Moreover, the government introduced legislation providing an enhanced due diligence fee for applicants from specific countries. This enhanced due diligence fee offers the government additional resources to thoroughly scrutinise applicants from these countries.

The country also issued regulations to restrict citizens from changing their names.

Dominica has distinguished itself as the first Caribbean country to implement mandatory interviews as part of the citizenship by investment application process "" a requirement agreed upon with the United States at a roundtable earlier this year.

"We also devised a new rigorous risk assessment and hired firms from the United States and the United Kingdom to begin interviews with all CBI applicants," Prime Minister Skerrit said in the Parliament.

In addition to international firms in the US and UK conducting due diligence checks, Dominica's Financial Intelligence Unit will also assist with the due diligence process. This includes reporting rejected applicants to the JRCC monthly and permitting the JRCC to share that information with the other CBI jurisdictions in the OECS.

Dominica is leading discussions in the region to collaborate on safeguarding the citizenship by investment industry; and has taken measures to emphasise its dedication to cooperating with global stakeholders and enhance the due diligence process to reduce threats from illicit actors.

In addition to these recent changes, new risk mitigation actions include:

  • Thorough assessment and reduction of the number of agents and promoters of the country's Citizenship by Investment Programme, who will be strictly monitored, along with developers, to ensure compliance with current regulations governing the advertisement of Dominica's Citizenship by Investment Programme.
  • Strict enforcement of regulated citizenship fees to prevent any undercutting.
  • Strengthening of policies and legislation to maintain competitiveness and alignment with international best practices.

Dominica's rigorous due diligence and vetting processes make it extremely difficult for any illicit individual to qualify for citizenship. Background checks occur on the ground where the applicant lives and works, via online databases and now in person.

The Prime Minister has reiterated that Dominica will maintain robust due diligence processes to ensure the country meets international standards and alleviates any security concerns.

"We have fresh impetus to go back and relook where we can do even better in giving our international counterparts confidence in our security measures "" which are already some of the most robust in the world compared to other jurisdictions," he said.


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Climate Action Needs Arts

By Nick Nuttall
BONN, Germany, Aug 29 2023 (IPS-Partners)

Environmental issues have been my life’s career. But music has also been important.

Arts can shift societal perspectives on tough topics.

Nick Nuttall

Just Because Some Bad Wind Blows is my new album’s title song. It starts with a dystopian future, flips to a more upbeat guitar solo and imagines a future where we solved (most) of climate change, “because (humanity) we choose to”.
NoSecrets wonders why intelligent people can’t see the sustainability writing on the wall and suggests they are blinded by consumerism and vanity—with consequences!

Hometown is about Rochdale, North England. Like many northern towns, it boomed under the industrial revolution. But now is lifeless. Let’s down-size it back to a village, keep some fine buildings and transform the land back to nature.

Just Because Some Bad Wind Blows, released on Reptiphon Records May 5, 2023 is available at https://nicknuttallmusic.bandcamp.com/album/just-because-some-bad-wind-blows-3

 

Nick Nuttall was the Director of Communications for two United Nations agencies – the UN Environment Programme (UNEP) headquartered in Nairobi, Kenya and United Nations Framework Convention on Climate Change (UNFCCC) in Bonn, Germany. Nuttall was the official spokesperson for the Paris Climate Agreement and today is a presenter on We Don’t Have Time

Guatemala: Change Within Reach

Credit: Luis Acosta/AFP via Getty Images

By Inés M. Pousadela
MONTEVIDEO, Uruguay, Aug 29 2023 – On 20 August, Guatemala witnessed a rare event: despite numerous attempts to stop it, the will of the majority prevailed. Democracy was at a dramatic crossroads, but voters got their say, and said it clearly: the country needs dramatic change and needs it now.

Bernardo Arévalo, leader of the progressive Movimiento Semilla (Seed Movement), born out of 2015 anti-corruption protests, is now Guatemala’s president-elect. All-night street celebrations erupted as early results were announced. It was a once-in-a-lifetime occurrence: politics bringing joy rather than disappointment to Guatemalans.

But renewed attempts to prevent change can be expected. What Guatemalans expect from Arévalo is a morally competent government that will bring about genuine democracy – a government looking out for the public rather than self-serving elites. The unprecedented seriousness of Arévalo’s promise is reflected in the fear his rise has fuelled among the beneficiaries of the current authoritarian kleptocracy.

A blatant manipulation of judicial institutions after the first round of voting on 25 June failed to prevent Arévalo competing in the runoff – but now the attempt is to stop his inauguration. Following the runoff, the Public Prosecutor made yet another attempt to have Semilla suspended.

The stakes are so high that an attempt to stop change by force can’t ruled out. An assassination plot involving state and non-state forces came to light days before the runoff.

For security reasons, Arévalo couldn’t address the crowds celebrating on election night. On 24 August, the Inter-American Commission on Human Rights granted precautionary measures to Arévalo and vice-president-elect Karin Herrera, giving the state 15 days to report back on the adoption of additional measures – both already have state-issued security – to protect their physical integrity.

Guatemalans are counting the days to the inauguration of their new government, scheduled for 14 January 2024. But their hope is mingled with uncertainty and fear.

An election surprise and its aftermath

The collective mood on 20 August couldn’t have been more different from that on 25 June, when first place in the first round went to invalid votes.

The run-up to the June vote had been marked by further deterioration of civic space and the restriction of the choice on offer through the disqualification of several contenders, including the candidate first in the polls, conservative business leader Carlos Pineda Soa. But Arévalo wasn’t on the radar of opinion polls and no one saw him coming. In a very fragmented vote, his 12 per cent put him in the runoff. The frontrunner, with 16 per cent, was a political insider, former first lady Sandra Torres of the National Unity of Hope (UNE).

The establishment rightfully feared Arévalo because he didn’t seem the kind they could easily bring into the fold. A progressive academic and a member of Congress since 2020, he promised to bring back the numerous justice officials in exile and resume the fight against corruption ended by his predecessors.

The fact that he could become Guatemala’s next president made the 25 June election results an instant object of contention. Nine parties, including UNE, submitted complaints about supposed ‘irregularities’ that had gone undetected by all international observers. Their supporters converged outside the Supreme Electoral Tribunal (TSE).

In what was denounced as an attempted ‘electoral coup’, the Constitutional Court ordered a recount and instructed the TSE to suspend certification of results. The TSE eventually endorsed the results two weeks later, on 12 July.

But in the meantime, the Attorney General, an official under US corruption sanctions, spearheaded an onslaught of judicial harassment against Arévalo. She launched an investigation of Semilla for alleged registration irregularities and had its offices raided. She twice ordered raids on TSE offices too. And just as the TSE announced Torres and Arévalo as the runoff competitors, she ordered Semilla’s suspension. The Constitutional Court however blocked this order.

Citizens defend democracy

The European Union and the Organization of American States, both of which had observation missions, took a strong stance. Domestic condemnation of the attempt to twist the results was also voiced by groups ranging from leading business associations to Indigenous authorities. But the starring role was played by citizens who spent weeks on the alert to ensure that Arévalo wasn’t kicked out of the runoff.

Large-scale peaceful demonstrations were repeatedly held in Guatemala City and departmental capitals, overwhelmingly led by young people. They were vocally nonpartisan, making clear that they were marching not for Arévalo or Semilla, but for the future of democracy.

On election day, this translated into a clear victory for the change candidate: Arévalo took 58 per cent of the vote, compared to Torres’s 37.2 per cent. The election saw strong participation by young, educated, urban voters, many voting for the first time.

An uncertain future

Once he takes office Arévalo will face a tough time fulfilling his promises, not least because the June election produced a highly fragmented Congress in which Semilla will have only 23 of 160 seats.

But the urgent question now is what lengths deeply entrenched elites will go to to try and stop Arévalo taking office. Torres hasn’t conceded defeat. Instead, she’s cried foul and accused the five TSE magistrates of ‘breach of duties and abuse of authority’.

Meanwhile the Attorney General and her right-hand man, a prosecutor who has made a career of protecting the powerful and persecuting the press, continue the ‘investigation’ through which they seek to shut Semilla down. People have responded by continuing to demonstrate outside the Attorney General’s office demanding her resignation.

Guatemala is living a unique moment, an opportunity that many didn’t think they’d ever see. But it’s also an uncertain time. Guatemala must walk carefully into the future, one step at a time, resisting the onslaught, judicial or otherwise, to get the president-elect to Inauguration Day.

People have made it clear they’re ready to take to the streets in numbers to defend what they’ve achieved. And they’ll need to both support and hold to account the new government for the mission it’s been entrusted with: that of restoring the substance of democracy.

Inés M. Pousadela is CIVICUS Senior Research Specialist, co-director and writer for CIVICUS Lens and co-author of the State of Civil Society Report.

 


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