BaFin Imposes €9.2 Million Fine on N26 for Anti-Money Laundering Failures by Daisy Mae D. 05/22/2024 BaFin, the German financial regulator, has issued a €9.2 million fine to N26 for lapses in anti-money laundering...
Luxury Resale Platform PopChill Secures $3.1M Funding for Expansion into Singapore by Daisy Mae D. 05/22/2024 Luxury resale marketplace PopChill has recently secured US$3.1 million in a pre-Series A extension funding round, aimed at...
Aura Blockchain Consortium Introduces Digital Passports for Luxury Products by Daisy Mae D. 05/22/2024 The Aura Blockchain Consortium has unveiled digital product passports (DPPs) for over 40 million items, aiming to provide...
Chanel Announces Increased Investment in Retail Sites and Supply Chain Integration by Daisy Mae D. 05/22/2024 Chanel is set to boost its investment in retail locations and real estate by at least 50 percent...
LVMH Brands Forge Connection with Chinese Consumers Through Tmall by Daisy Mae D. 05/22/2024 Tmall's Luxury Pavilion is now home to a plethora of luxury brands, boasting a collection of over 200,...
China Imposes Sanctions on US Defense Companies Over Arms Sales to Taiwan by Daisy Mae D. 05/21/2024 On Monday, China's Ministry of Commerce announced sanctions against three US defense companies for their involvement in arms...
Utilizing Robotic Automation for Offshore Operations by Daisy Mae D. 05/22/2024 In the context of workplace safety concerns in offshore industries, there is a growing interest in optimizing processes...
Automate 2024 Event Reports Record Attendance and Exhibitor Participation by Daisy Mae D. 05/21/2024 The recent Automate 2024 event, sponsored by A3, garnered significant attention with a record-breaking 42,895 registrants, marking a...
Brookings Proposes Portable Digital ID in Response to FinCEN Request for Information on AML Rule Change by Daisy Mae D. 05/21/2024 The Financial Crimes Enforcement Network (FinCEN) has highlighted the need for enhancements to the rules governing the onboarding...
EU Establishes Harmonized Enforcement and Penalties for Sanctions Violations by Daisy Mae D. 05/21/2024 The European Union has adopted a new directive aimed at establishing EU-wide rules for defining criminal offences and...
Advancements in Traceability Technologies Bolster Security Against Counterfeit Pharmaceuticals 03/20/2024