Tuesday, July 5, 2022

Online sports coaching start-up SLOCOACH scores new partnership with Kayo Sports

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The partnership provides Kayo customers with access to select content created by the SLOCOACH platform, including personalised coaching tips and advice from world leading coaches and athletes to improve the customers’ own sporting performance. Students need to upload a video clip of themselves performing any skill, and they’ll receive unique feedback from the best athletes in the business.

Alternative assets in APAC report predicts private capital industry to reach $6 trillion by...

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Strong growth expected with a record $446bn of private capital dry powder ready to be deployed across Asia-Pacific

Cybercriminals acquire $100 billion annually from financial institutions

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According to the International Monetary Fund (IMF), financial institutions lose around $100 billion annually to cybercrime – a staggering 9% of banks’ net income globally.

Crypto currencies’ suitability for global cross border currency transfers

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Theoretically speaking, the attributes of many crypto-currencies make them potential alternatives in use cases such as payments, money transfer and store of value.

ComplyAdvantage releases 2022 state of financial crime report

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ComplyAdvantage, a global data technology company transforming financial crime detection, announced the availability of the firm’s annual report, The State Of Financial Crime 2022. Designed as a guide for global compliance teams, the report lays out emerging threats that governments and financial institutions will face in 2022 and prescriptive recommendations for how compliance teams can respond, to ensure that they act proactively.

CFAW appoints Oliver Drews Vice Chairman Large Cap International

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Corporate Finance Associates Worldwide (CFAW), a global investment bank, announced that Oliver Drews has been named Vice Chairman Large Cap International and as a member of the Executive Committee of CFAW. Oliver will focus on buy-side M&A strategies for large corporations expanding into North America.

Surge in invoice financing as COVID hit businesses are forced to pay up

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OptiPay has revealed a two fold increase in enquiries in the number of businesses requesting invoice financing. Invoice Financing is a revolving Line of Credit against unpaid invoices, to improve business cash flow, after the ATO announced it was resuming tax debt collections. Optipay, formerly TIM Finance, a major player in the industry, has seen numbers spike since the news last February. Angus Sedgwick CEO at Optipay says they are seeing the biggest interest coming from manufacturing and wholesale trade industries, as invoices are still taking on average 15-20  days past the due date to be paid, compounding cash flow issues.

Businesses face period of rapid expansion thanks to budget initiatives

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As businesses grapple with COVID recovery and the impact of global events, the federal government has implemented some initiatives for business that are likely to ramp up sections of the economy, particularly those involving apprenticeships and technology and training. Earlypay client service managers across the country are already seeing a rise in the number of businesses seeking funding to invest in technology and training and staffing in the form of new apprenticeships. Earlypay Limited, an ASX-listed company (EPY), is Australia’s leading customer-focused business financing organisation. It provides invoice financing, equipment financing and trade financing to Australian small to medium-sized businesses.

Ali Dibadj joins Janus Henderson as Chief Executive Officer and Director

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Janus Henderson Group plc announced that Ali Dibadj has joined the Company as CEO. Mr. Dibadj has also been appointed to the Company’s Board of Directors. He succeeds Roger Thompson, Chief Financial Officer, who had served as Interim Chief Executive Officer from 1 April 2022 to 20 June 2022.  Mr. Thompson will continue in his role as Chief Financial Officer.

40% of declined credit card customers find approval elsewhere, says research from RFi and...

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The analysis emphasizes the importance of making informed, accurate, and timely decisions to avoid incorrectly declining a customer that may have otherwise been able to be approved if the right data was at hand.