Quantexa Secures Top Ten Spot in Chartis’ 2025 Financial Crime and Compliance 50 Rankings

LONDON, March 20, 2025 (GLOBE NEWSWIRE) — Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, has been recognized as one of the top 10 vendors in the prestigious Chartis Financial Crime and Compliance 50 (FCC50) report.

Securing 7th place overall, Quantexa continues to solidify its position as a key player in the growing Financial Crime and Compliance market segment. Quantexa’s AI–powered solutions also received category leadership awards for data enrichment, entity management augmented analytics, as well as receiving an award for vertical and segment excellence in Capital Markets.

This recognition comes at an important time for Quantexa, as the company continues to build momentum off the recently completed a $175 million Series F investment round, valuing the British tech company at a total valuation of $2.6 billion. In recent weeks, Quantexa made two major announcements further extending the innovation and capabilities they are offering to tier 1, mid–size, and community banks with:

  • Q Assist: A context–aware generative AI solution suite designed to democratize access to trusted data, augment decision–making, and provide real–time insights to front–line teams, which will be available for Early Access in April 2025.
  • and Quantexa Cloud: A comprehensive suite of native SaaS industry solutions, launching with Quantexa Cloud AML on Microsoft Azure, now available for Customer Preview. This innovative solution, developed in close collaboration with community and mid–size banks in the US, streamlines and modernizes anti–money laundering workflows for faster time to value and strengthened compliance.

Quantexa’s rapid growth underscores the demand for its DI Platform, helping enterprises and government agencies scale AI and data initiatives with greater speed and success. Clients select Quantexa’s Decision Intelligence platform to ensure they can build a unified and trusted data foundation to operationalize AI–enabled decisioning for better outcomes across their KYC, AML, fraud, and customer intelligence efforts.

This year’s Chartis report evaluates the top 50 vendors in financial crime and compliance technology, focusing on their ability to innovate in areas like fraud detection, sanctions screening, and KYC compliance. Chartis assess the top vendors regarding their general market influence, technological innovation, breath of clients, USP, and functionality. Quantexa's high rankings in both core technology and innovation further highlight the company’s industry–leading approach to tackling financial crime. These strengths are built on its ability to provide financial institutions with critical contextual intelligence, enabling them to stay ahead of emerging threats in an increasingly complex regulatory environment.

Alexon Bell, Chief Product Officer (FinCrime) at Quantexa, said: “We are incredibly proud to once again be recognized as a leader in the financial crime and compliance technology space by Chartis. At Quantexa, we are committed to helping our banking customers break down data and organizational silos to deploy trusted AI from the back to the front office to better understand customer behaviors, mitigate financial crime risk, and fight fraud with efficiency and effectiveness.”

Commenting on the report, Nick Vitchev, Research Director at Chartis, said: “Quantexa’s continued recognition in the Chartis Financial Crime and Compliance 50 ranking reflects its strong leadership in the financial crime risk management landscape. Its leading position in key areas such as data enrichment, entity management, and augmented analytics demonstrates a commitment to innovation and delivering high–value solutions to financial institutions. With financial crime threats becoming increasingly sophisticated, Quantexa’s ability to unify data and enhance contextual decision–making is a significant differentiator in the market.

To find out more about Quantexa’s banking industry solutions, please visit: https://www.quantexa.com/industries/banking/

About Quantexa 

Quantexa is a global AI, data and analytics software company pioneering Decision Intelligence to empower organizations to make trusted operational decisions with data in context. Using the latest advancements in AI, Quantexa’s Decision Intelligence platform helps organizations uncover hidden risk and new opportunities by unifying siloed data and turning it into the most trusted, reusable resource. It solves major challenges across data management, customer intelligence, KYC, 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. An independently commissioned Forrester TEI study on Quantexa's Decision Intelligence Platform found that customers saw a three–year 228% ROI. Founded in 2016, Quantexa now has over 800 employees and thousands of platform users working with billions of transactions and data points across the world. For more information visit www.quantexa.com or follow us on LinkedIn.

Media Inquiries  
C: Stephanie Crisp, Director and Growth Tech Lead, Fight or Flight   
E: [email protected]  

C: Adam Jaffe, SVP of Corporate Marketing   
T: +1 609 502 6889   
E: [email protected]   
– or –   
[email protected]  


GLOBENEWSWIRE (Distribution ID 1001054834)

Why “Pro-Israel, Pro-Peace” Advocates Cling to Genocide Denial

South Africa set out its case accusing Israel of violating the Genocide Convention, pointing to the situation in the bombarded, besieged Gaza Strip, home to 2.3 million Palestinians. January 2024. Credit: United Nations.

By Norman Solomon
SAN FRANCISCO, USA, Mar 20 2025 – Israel’s renewed assault on Gaza comes several months after both Amnesty International and Human Rights Watch issued reports concluding without equivocation that Israel was engaged in genocide. But very few members of Congress dare to acknowledge that reality, while their silence and denials scream out complicity.

In a New York Times interview last weekend, the Senate’s Democratic leader Chuck Schumer put deep moral evasion on display. Among the “slogans” that are used when criticizing Israel, he said, “The one that bothers me the most is genocide. Genocide is described as a country or some group tries to wipe out a whole race of people, a whole nationality of people. So, if Israel was not provoked and just invaded Gaza and shot at random Palestinians, Gazans, that would be genocide. That’s not what happened.”

Schumer is wrong.

The international Genocide Convention defines genocide as “acts committed with intent to destroy, in whole or in part, a national, ethnical, racial or religious group” — with such actions as killing, “deliberately inflicting on the group conditions of life calculated to bring about its physical destruction in whole or in part,” and “imposing measures intended to prevent births within the group.”

Such actions by Israel have been accompanied by clear evidence of genocidal intent — underscored by hundreds of statements by Israeli leaders and policy shapers. Scarcely three months into the Israeli war on Gaza, scholars Raz Segal and Penny Green pointed out, a database compiled by the Law for Palestine human rights organization “meticulously documents and collates 500 statements that embody the Israeli state’s intention to commit genocide and incitement to genocide since October 7, 2023.”

Those statements “by people with command authority — state leaders, war cabinet ministers and senior army officers — and by other politicians, army officers, journalists and public figures reveal the widespread commitment in Israel to the genocidal destruction of Gaza.”

Since March 2, the United Nations reports, “Israeli authorities have halted the entry of all lifesaving supplies, including food, medicine, fuel and cooking gas, for 2.1 million people.” Now, Israel’s horrendous crusade to destroy Palestinian people in Gaza — using starvation as a weapon of war and inflicting massive bombardment on civilians — has resumed after a two-month ceasefire.

On Tuesday, children were among the more than 400 people killed by Israeli airstrikes, and Prime Minister Benjamin Netanyahu proclaimed that “this is only the beginning.”

It’s almost impossible to find a Republican in Congress willing to criticize the pivotal U.S. backing for Israel’s methodical killing of civilians. It’s much easier to find GOP lawmakers who sound bloodthirsty.

A growing number of congressional Democrats — still way too few — have expressed opposition. In mid-November, 17 Senate Democrats and two independents voted against offensive arms sales to Israel. But in reality, precious few Democratic legislators really pushed to impede such weapons shipments until after last November’s election. Deference to President Biden was the norm as he actively enabled the genocide to continue.

This week, renewal of Israel’s systematic massacres of Palestinian civilians has hardly sparked a congressional outcry. Silence or platitudes have been the usual.

For “pro-Israel, pro-peace” J Street, the largest and most influential liberal Zionist organization in the United States, evasions have remained along with expressions of anguish. On Tuesday the group’s founder and president, Jeremy Ben-Ami, issued a statement decrying “the decision by Netanyahu to reignite this horrific war” and calling for use of “all possible leverage to pressure each side to restore the ceasefire.”

But, as always, J Street did not call for the U.S. government to stop providing the weapons that make the horrific war possible.

That’s where genocide denial comes in.

For J Street, as for members of Congress who’ve kept voting to enable the carnage with the massive U.S.-to-Israel weapons pipeline, support for that pipeline requires pretending that genocide isn’t really happening.

While writing an article for The Nation (“Has J Street Gone Along With Genocide?”), I combed through 132 news releases from J Street between early October 2023 and the start of the now-broken ceasefire in late January of this year. I found that on the subject of whether Israel was committing genocide, J Street “aligned itself completely with the position of the U.S. and Israeli governments.”

J Street still maintains the position that it took last May, when the International Court of Justice ordered Israel to halt its military offensive in Rafah. “J Street continues to reject the allegation of genocide in this case,” a news release said.

It would be untenable to publicly acknowledge the reality of Israeli genocide while continuing to support shipping more weaponry for the genocide. That’s why those who claim to be “pro-peace” while supporting more weapons for war must deny the reality of genocide in Gaza.

Norman Solomon is the national director of RootsAction.org and executive director of the Institute for Public Accuracy. The paperback edition of his latest book, War Made Invisible: How America Hides the Human Toll of Its Military Machine, includes an afterword about the Gaza war.

IPS UN Bureau

 


!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?’http’:’https’;if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+’://platform.twitter.com/widgets.js’;fjs.parentNode.insertBefore(js,fjs);}}(document, ‘script’, ‘twitter-wjs’);  

International Day of Forests ‘Now is the time for decisive, collaborative action’

The Forest Declaration Assessment Partners calls for reform of the international financial system to halt deforestation and protect biodiversity. Credit: Amantha Perera/IPS

The Forest Declaration Assessment Partners calls for reform of the international financial system to halt deforestation and protect biodiversity. Credit: Amantha Perera/IPS

By Umar Manzoor Shah
SRINAGAR, Mar 20 2025 – The Forest Declaration Assessment Partners have called for urgent reforms to the international financial system to halt deforestation and protect biodiversity. It has also pitched for redirecting the public subsidies to mitigate the direct and indirect environmental risks from both public and private finance.

The report, titled Transforming Forest Finance, has termed the role of finance as critical in addressing the dual crises of climate change and biodiversity loss, while offering six priority actions to align financial flows with sustainable development goals by 2030.

“Achieving sustainable management of natural ecosystems and a green economy in harmony with nature requires a profound shift in our global financial system,” the report states. “Simply increasing funds will not halt and reverse ecosystem decline. We must also address the deeper socio-economic and political forces that drive deforestation and degradation.”

The Funding Gap and the Need for Systemic Change

The report has identified the stark reality of the funding gap for climate change, biodiversity loss, and land degradation. Despite decades of efforts, current financial mechanisms have fallen short of delivering the scale of funding needed to protect forests. For example, payments for jurisdictional REDD+ (Reducing Emissions from Deforestation and Forest Degradation) programs, a key mechanism for forest finance, are described as a “drop in the bucket” compared to what is required to halt and reverse forest loss.

“Payments for jurisdictional REDD+ are far smaller than required to halt and reverse forest loss and do not reflect the true social and environmental costs of inaction,” the report notes. Experts estimate that the cost of implementing REDD+ effectively ranges from USD 30 to 50 per metric ton of CO₂, far higher than the current payments of USD 5-10 per ton.

The report also identifies the role of environmentally harmful subsidies, which continue to drive deforestation and degradation. Governments globally spend trillions on subsidies that exacerbate ecosystem collapse, particularly in agriculture. “Redirecting public subsidies is urgently needed to mitigate the direct and indirect environmental risks from both public and private finance,” the authors argue.

Yet, the advantages of investing in forests are clear.

“There is evidence that globally, forests generate up to US$150 trillion a year in economic benefits—twice the value of the global stock markets. Maintaining healthy forests also creates jobs that support billions of livelihoods. However, the Transforming Forest Finance brief finds that financing, whether from corporations, government subsidies or multilateral development banks like the World Bank, tends to favor economic activities that “exacerbate ecosystem collapse” while failing to calculate their costs.”

Six Priority Actions for Transforming Forest Finance

The report contains six key actions to transform forest finance, targeting multilateral organizations, governments, and financial regulators. These actions are designed to create fiscal space for forest protection, scale up funding for high-impact activities, and embed forest-related risks into financial systems.

Reform Multilateral and International Public Finance

It calls for a significant overhaul of multilateral development banks (MDBs) and international public finance to increase fiscal flexibility for developing countries. MDBs collectively manage over USD 2.5 trillion in assets, giving them substantial leverage to deliver long-term, risk-tolerant finance for sustainable development.

“MDBs should expand their balance sheets and increase funding to low- and middle-income forest countries to scale policies for sustainable development, climate, and nature,” the report recommends. It also suggests reforming the International Monetary Fund’s (IMF) Special Drawing Rights (SDRs) allocation system to better support forest and sustainable development goals.

“Changing the rules for SDR allocation could help mobilize finance for forests and ecosystem restoration in the Global South,” the authors state.

Overhaul Sovereign Debt to Create Fiscal Space

High sovereign debt levels in developing countries are a major barrier to long-term forest investment. The report highlights that developing countries collectively owe an estimated USD 11 trillion, with an additional USD 3.9 trillion in debt servicing. This debt burden often forces nature-rich countries to prioritize short-term economic stability over sustainable development.

“MDBs should spearhead efforts to restructure or cancel sovereign debt so that countries can invest in human development and nature protection over the long term,” the report recommends. It also suggests recognizing natural capital as an asset in countries’ debt management frameworks, which could incentivize forest protection and increase fiscal space.

Improve and Scale-Up Funding for High-Impact Forest Activities

The report emphasizes the need to improve existing forest finance mechanisms like REDD+ and develop new, innovative funding channels. One such proposal is the Tropical Forest Forward (TFFF) initiative, which would use interest rate arbitrage to mobilize funds based on preserved forest area rather than emissions reductions.

“Industrialized country governments can play an important role in catalyzing finance in its initial phase,” the report states. It also calls for increased funding for Indigenous Peoples and local communities (IPLCs), who manage lands that sequester carbon at higher rates than other managed lands.

“Enhancing finance for tenure can help decolonize climate finance and ensure that funds reach high-impact local actors,” the authors note.

Repurpose Harmful Subsidies Driving Forest Loss

The report identifies harmful agricultural subsidies as a major driver of deforestation and calls for their repurposing to support sustainable practices. “Reforming and repurposing agricultural subsidies has the potential to transform the entire food system,” the authors state.

“Countries should identify and phase out harmful subsidies and repurpose these funds to benefit local communities and sustainable practices,” the report recommends. It also highlights the importance of transparency and public engagement in subsidy reform efforts.

Embed Forest-Related Risks into National Financial Regulatory Frameworks

As environmental shocks increasingly destabilize financial markets, the report calls for integrating nature-related financial risks into banking regulations. “Robust regulation is needed to shift harmful finance flows and encourage green investment,” the authors argue.

“Financial institutions must embed deforestation and ecosystem conversion risks into their governance, risk management, and decision-making frameworks,” the report states. It also recommends that financial regulators require institutions to publish annual environmental disclosures and adopt science-based transition plans for reducing deforestation risks.

Expand Sustainable Finance Taxonomies

The report notes the importance of sustainable finance taxonomies in shifting finance flows away from activities that harm forests. “Governments and financial regulators should work together to adopt sustainable finance taxonomies where they do not already exist, and expand existing taxonomy criteria to explicitly exclude activities harmful to forests and ecosystems,” the authors recommend.

Furthermore, it has pitched for decisive, collaborative action to transform forest finance and align financial flows with sustainable development goals. “Transforming forest finance is essential not only for protecting our natural ecosystems but also for building resilient economies that benefit everyone,” reads the report.

“Now is the time for decisive, collaborative action to safeguard our shared future and turn these ambitious proposals into lasting change.”

IPS UN Bureau Report

 


!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?’http’:’https’;if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+’://platform.twitter.com/widgets.js’;fjs.parentNode.insertBefore(js,fjs);}}(document, ‘script’, ‘twitter-wjs’);  

Pacific Green Completes Sale of 250MW / 500 MWh Limestone Coast North Battery Energy Park Development

Sydney, March 20, 2025 (GLOBE NEWSWIRE) — Pacific Green Technologies, Inc. (“Pacific Green”, OTCQB: PGTK) announces that it has reached Financial Close and completed the sale of 100% of the shares in its Limestone Coast North Energy Park to Intera Renewables (Intera) in a deal representing an enterprise value of A$460 million (US$293 million) (the “Transaction”).

The Limestone Coast North Energy Park is Pacific Green’s 250MW / 500MWh battery energy storage development and is one of two battery parks to be co–located on a site in the south east of South Australia. The project is the first of the company’s 10GWh Australian project pipeline to reach Financial Close. This achievement underscores Pacific Green’s commitment to delivering innovative energy solutions and contributing to a sustainable future.

With the transaction now completed, ownership of the energy park will be transferred to Intera. Intera is the renewable energy platform established, and majority owned by funds managed by Palisade Investment Partners (Palisade), an Australian based infrastructure and real assets manager.

Notice to Proceed has been issued to Gransolar Group as Balance of Plant contractor who will begin construction this month, with commercial operations targeted for February 2027. In addition, Notice to Proceed has been issued to Trina Storage to supply the 250MW / 500MWh battery energy storage system (BESS).

Pacific Green will continue its involvement as construction manager, directing Gransolar and Trina Storage. Leveraging its 50–strong Shanghai–based support team, Pacific Green will also provide supply chain management and quality assurance for the project. This will ensure the highest standards of execution, drawing on Pacific Green’s extensive experience delivering utility–scale BESS and renewable energy assets.

The rapid progression of the project from inception to Financial Close highlights Pacific Green’s market–leading development model. This focuses on creating robust opportunities for investors seeking sustainable returns, through close management of every aspect of project development. Pacific Green’s team has brought Limestone Coast North through site acquisition planning and grid approvals, battery energy storage system (BESS) procurement, community engagement, appointment of construction and operational contractors and securing a long term offtake agreement with Zen Energy.

Scott Poulter, Pacific Green’s CEO, commented: “With Limestone Coast North, our team has capitalised on our global footprint to create a template for the responsible development and financing of utility–scale storage in Australia. Key to this has been cultivating strong relationships with respected partners like Palisade and Zen Energy, Gransolar and Trina Storage who share our commitment to bringing stability to the Australian grid.”

Simon Parbery, Executive Director for Palisade, stated: “We are delighted to achieve this significant milestone for Intera, and look forward to partnering with Pacific Green in delivering this key project through to commissioning and operations, providing both sustainable long–term returns to Intera’s investors and supporting Australia’s energy de–carbonation ambitions.

Joel Alexander, Pacific Green Australia CEO and Managing Director, commented: “I am delighted this transaction has reached Financial Close. The relative speed in which we’ve got to this point is testament to our market leading development model but also to the two teams involved; our own and our counterparts at Intera and Palisade. I am truly thrilled to commence construction and deliver one of South Australia’s largest energy parks.”

Palisade were advised by Macquarie Capital, Kidder Williams, KWM, Clayton Utz and Ekistica.

Pacific Green was advised by Azure Capital, WSP and Allens Linklaters. Development capital was provided by Australian Philanthropic Services Foundation.

About Pacific Green Technologies, Inc.:

Pacific Green is a global energy storage and environmental technology company, on a mission to advance the transition to sustainable energy solutions.

The business is focused on rapidly building a global portfolio of utility–scale battery energy storage systems (BESS), with a current pipeline of 14GWh of energy storage capacity in development, construction or operation.

Pacific Green’s team brings together extensive technology, project development and project finance expertise – having commercialised numerous pioneering technologies and steered major international energy and infrastructure projects successfully through financing and development.

This in–house expertise is complemented by strategic relationships cultivated with trusted partners at all levels of the global environmental supply chain – providing access to the very best technology and manufacturing capabilities on offer, alongside internationally respected financial institutions and project partners.

For more information, visit Pacific Green’s website:
www.pacificgreen.com

About Palisade

Palisade is a specialist, independent global infrastructure and real assets manager that provides institutional and wholesale investors with access to infrastructure and infrastructure–like projects through tailored portfolios and co–mingled funds. Palisade’s multi–disciplinary and experienced team focuses on attractive mid–market assets that are essential to the efficient functioning of the communities and economies they serve.

Palisade is an early investor in the clean energy sector and manages and operates a diverse portfolio of renewable energy assets in Australia and the US. These assets total over 2GW of installed generation capacity on a 100% ownership basis, including 1.5GW in Australia, making Palisade one of Australia’s largest renewable energy investors.

Notice Regarding Forward–Looking Statements:

This news release contains “forward–looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward–looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward–looking statements include, among other things, the continued development of Limestone Coast North BESS project, any potential business developments and future interest in the Company’s battery, solar and emissions control technologies.

Actual results could differ from those projected in any forward–looking statements due to numerous factors. Such factors include, among others, the continuation of the development of Limestone Coast North project, general economic and political conditions, and the ongoing impact of the COVID–19 pandemic. These forward– looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward–looking statements, or to update the reasons why actual results could differ from those projected in the forward–looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in the Company’s annual report on Form 10–K for the most recent fiscal year, the Company’s quarterly reports on Form 10–Q and other periodic reports filed from time–to–time with the Securities and Exchange Commission.


GLOBENEWSWIRE (Distribution ID 9397104)