Category: Press Releases

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

Quantexa lands category leader positions in Entity Management, Data Enrichment, and Augmented Analytics 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 […]

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

Quantexa lands category leader positions in Entity Management, Data Enrichment, and Augmented Analytics 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

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Fortifying Africa’s Financial Future: BFSI Security Summit Hits Johannesburg in 2025

JOHANNESBURG, March 19, 2025 (GLOBE NEWSWIRE) — Banks and insurance companies across Africa face an unprecedented wave of cyberattacks, with ransomware, data breaches, and phishing threatening financial stability and customer trust. In 2020, South Africa’s Experian breach compromised the data of 24 million individuals, exposing vulnerabilities in the sector. More recently, in 2023, the Medusa hacking group targeted […]

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Fortifying Africa’s Financial Future: BFSI Security Summit Hits Johannesburg in 2025

JOHANNESBURG, March 19, 2025 (GLOBE NEWSWIRE) — Banks and insurance companies across Africa face an unprecedented wave of cyberattacks, with ransomware, data breaches, and phishing threatening financial stability and customer trust. In 2020, South Africa’s Experian breach compromised the data of 24 million individuals, exposing vulnerabilities in the sector. More recently, in 2023, the Medusa hacking group targeted the Malian subsidiary of Bank of Africa, stealing two terabytes of data and demanding $2 million, spotlighting the growing risks continent-wide. With cybercrime costing Africa $4.12 billion annually, the need for robust defenses is clear. IT News Africa proudly presents the BFSI Security Summit – Johannesburg 2025, a vital

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LyondellBasell and Covestro announce permanent closure of PO11 unit at Maasvlakte

The Maasvlakte site, a joint venture between LYB and Covestro. MAASSVLAKTE, Netherlands, March 18, 2025 (GLOBE NEWSWIRE) — LyondellBasell (LYB) and Covestro have jointly decided to permanently close the Propylene Oxide Styrene and Monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands. This decision comes after thorough and careful consideration and is […]

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LyondellBasell and Covestro announce permanent closure of PO11 unit at Maasvlakte

The Maasvlakte site, a joint venture between LYB and Covestro. Photo credit: Alex Lokker. MAASSVLAKTE, Netherlands, March 18, 2025 (GLOBE NEWSWIRE) — LyondellBasell (LYB) and Covestro have jointly decided to permanently close the Propylene Oxide Styrene and Monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands. This decision comes after thorough and careful consideration and is driven by the continued pressure on Maasvlakte’s profitability due to global overcapacities, a strong increase of imports from Asia and high costs of European production. Unfortunately, this situation is expected to continue, so longer-term profitable production is not anticipated. “While the

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