Latest news with #financialintelligence
Zawya
09-07-2025
- Business
- Zawya
Kuwait signs deals with India, Iraq to bolster anti-money laundering, terrorist financing
KUWAIT: Kuwait's Financial Intelligence Unit and India's Anti-Money Laundering Bureau signed on Tuesday a memorandum of understanding (MoU) aiming to beef up cooperation on information exchange and financial intelligence efforts. In a statement to KUNA, the Kuwaiti financial watchdog's chief Hamad Al-Mekrad said the deal, signed after a gathering of global financial watchdog body Egmont Group, is a testament to Kuwait and India's collective commitment to boost transparency and cooperation, based on the principles and guidelines of the global financial organisation of intelligence units. The agreement is a major step forward towards clamping down on financial crime at a time of growing challenges that require greater cooperation and information exchange. Al-Mekrad noted that the priority now is to expand the scope of international cooperation, enhance the efficiency of information exchange in accordance with the highest standards, strengthen technical analysis capabilities, and build partnerships with counterpart units, thus contributing to protecting the national and global financial system from any illicit exploitation. Kuwait's Financial Intelligence Unit and Iraq's Anti-Money Laundering and Terrorist Financing Bureau signed on Tuesday a MoU aiming to beef up cooperation on information exchange and financial intelligence efforts. The agreement is a major step forward towards clamping down on financial crime at a time of growing challenges that require greater cooperation and information exchange, Al-Mekrad said in a statement. The level of cooperation between the Kuwaiti and Iraqi financial intelligence units has been on an upward trajectory even before the new deal came to fruition, added the official, expecting the agreement to be instrumental in simplifying the flow of bilateral information exchange, he underlined. The deal is part of Kuwaiti efforts to broaden financial cooperation with international bodies, subsequently putting in place a financial environment marked by transparency and safety, he said
Yahoo
02-07-2025
- Business
- Yahoo
Here's What to Expect From Moody's Next Earnings Report
Moody's Corporation (MCO), with a market capitalization of $78.3 billion, stands as a global powerhouse in credit ratings, risk assessment, and financial intelligence. Headquartered in New York, the company operates through two main divisions, Moody's Investors Service, which issues credit ratings for debt instruments, and Moody's Analytics, which delivers advanced tools, software, and data solutions for risk management and regulatory compliance. The credit rating titan is expected to release its fiscal second-quarter earnings on Tuesday, July 22. Ahead of the event, analysts expect MCO to report a profit of $3.30 per share on a diluted basis, up marginally from $3.28 per share in the year-ago quarter. The company has beaten the consensus estimates in each of the last four quarters. Is Palantir Stock a Buy, Sell, or Hold for July 2025? Is Archer Aviation Stock a Buy, Sell, or Hold for July 2025? Oklo Just Announced a New Nuclear Fuel Deal. Is OKLO Stock a Buy Here? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For the current year, analysts expect MCO to report EPS of $13.60, up 9.1% from $12.47 in fiscal 2024. Its EPS is expected to rise 13% year over year to $15.37 in fiscal 2026. Over the past 52 weeks, MCO has climbed 19.2%, outperforming the S&P 500's ($SPX) 13.2% gains. However, the stock lagged behind the Financial Select Sector SPDR Fund (XLF), which surged 27.8% gains over the same period. On Apr. 22, Moody's stock jumped 4% following the release of its strong Q1 results. Revenue rose 7.7% year-over-year to $1.9 billion, surpassing Wall Street expectations by 2.3%, thanks to robust growth across all business segments, with its ratings division delivering a record-breaking quarter. Adjusted EPS came in at $3.83, beating consensus estimates by 7.6%. Analysts' consensus opinion on MCO stock is fairly optimistic, with an overall 'Moderate Buy' rating. Out of 24 analysts covering the stock, 12 advise a 'Strong Buy' rating, one suggests a 'Moderate Buy,' ten give a 'Hold,' and one recommends a 'Strong Sell.' MCO's average analyst price target is $508.95, indicating a potential upside of 1.3% from the current levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Entrepreneur
23-06-2025
- Business
- Entrepreneur
Banks and RBI Collaborate on Real-Time Intelligence Platform to Tackle Rising Digital Payment Frauds
Once operational, DPIP will collect, analyse, and disseminate actionable intelligence in real time, helping financial institutions flag and block suspicious transactions promptly You're reading Entrepreneur India, an international franchise of Entrepreneur Media. In response to the alarming rise in digital payment frauds, India's public and private sector banks are joining forces under the Reserve Bank of India's (RBI) guidance to develop a Digital Payment Intelligence Platform (DPIP). Envisioned as a Digital Public Infrastructure (DPI), the platform aims to significantly enhance fraud risk management by enabling real-time data sharing and intelligence gathering to stop fraudulent transactions before they occur. The urgency of the initiative is underscored by recent RBI data that reveals a sharp increase in reported bank frauds. In FY25, the total value of frauds surged nearly threefold to INR 36,014 crore from INR 12,230 crore in the previous fiscal year. Public sector banks accounted for INR 25,667 crore of the total, a significant jump from INR 9,254 crore a year earlier. Sources familiar with the development said the platform's structure will be designed collaboratively by public and private banks, recognising that digital fraud is a shared challenge across the financial ecosystem. A high-level meeting was recently held, bringing together senior officials from the RBI, banking institutions, and other stakeholders to finalise the framework of the proposed entity. The platform expected to go live within the next few months. Once operational, DPIP will collect, analyse, and disseminate actionable intelligence in real time, helping financial institutions flag and block suspicious transactions promptly. In terms of volume, most frauds have been concentrated in digital payment modes like cards and online transactions, particularly within private sector banks. However, in terms of value, the majority of fraudulent activities in public sector banks have occurred in the loan and advances segment. The Reserve Bank Innovation Hub (RBIH) has been tasked with building the prototype of the platform in collaboration with 5 to 10 partner banks. It will leverage advanced analytics and technologies to strengthen the banking sector's response to increasingly sophisticated cyber fraud tactics. The initiative follows recommendations made by a committee set up in June last year, led by A P Hota, former MD & CEO of the National Payments Corporation of India (NPCI), which studied the feasibility and structure of such a digital infrastructure.
Finextra
09-06-2025
- Business
- Finextra
MindBridge unveils GPU-accelerated Insights Factory
MindBridge, the leader in AI-powered financial decision intelligence, today unveiled its GPU-accelerated Insights Factory — a breakthrough in computational infrastructure that delivers analytics performance up to eight times faster than before. 0 This enhancement exponentially increases the speed and scale with which financial data is analyzed, interpreted, and actioned, setting a new standard for real-time financial intelligence. As financial operations become more complex and data-driven, the need for real-time, explainable, and scalable intelligence is greater than ever. MindBridge meets this need by empowering finance professionals to see the unseen, analyzing 100% of financial transactions across both enterprise and audit environments, to proactively detect risks, surface errors, and identify opportunities for optimization. 'We've rebuilt the core of how we generate insights to meet the scale and complexity of modern finance operations,' said Rachel Kirkham, Chief Technology Officer at MindBridge. 'With GPU acceleration, customers can move faster, explore more data, and uncover more profound financial patterns - all without compromising on speed or scale.' Leveraging the power of GPUs, the new Insights Factory redefines how AI-driven analytics are executed. GPUs are purpose-built for high-speed parallel computation, making them ideal for the compute-intensive algorithms at the core of MindBridge's analytics engine. This infrastructure leap dramatically expands the volume, velocity, and complexity of data the platform can process — enabling organizations to run advanced analytics on massive, multi-source datasets in near real time, and keep pace with the growing demands of modern finance. By integrating directly into existing financial ecosystems, the platform provides a seamless, real-time feed of financial intelligence that enhances internal controls, accelerates decision-making, and supports enterprise-wide digital finance transformation. The launch of the Insights Factory also marks a significant expansion in capability across MindBridge's platform. The new infrastructure now powers 13 of the 14 use cases in the company's Enterprise Use Case Library, supporting a wide range of core financial workflows such as revenue management, financial reporting, and expense management. In addition, the Insights Factory enhances performance for Audit & Assurance (A&A) subledger analyses, enabling faster, more comprehensive testing of high-volume transactions and supporting time-critical activities like year-end financial reviews. Key benefits of the new Insight Factory include: Run analytics on complex, high-volume workflows, including subledger and transactional data Accelerate iteration cycles, allowing faster testing, tuning, and deployment of new analytics Enable higher-frequency workflows, such as daily or weekly reviews, without performance limitations Support enterprise-scale analysis across multi-entity and multi-system environments Deliver faster results, reducing the time from data ingestion to insight-driven action This release represents a key milestone in MindBridge's mission to provide the foundational infrastructure and tools finance teams need to improve top-line growth and bottom-line protection, by surfacing hidden inefficiencies, unknown risks, and untapped opportunities.
Yahoo
26-05-2025
- Business
- Yahoo
Kalkine Pty Ltd: Empowering Australian Investors with Insightful Research
SYDNEY, May 26, 2025 /PRNewswire/ -- Kalkine Pty Ltd, an independent equity research and financial services firm, is known for its expert-driven investment research and actionable insights designed to navigate complex capital markets. With a strong commitment to high-quality analysis, the firm has earned a reputation as a trusted name in Australia's research advisory landscape. A Leader in Equity Research and Financial Intelligence Founded with a mission to democratise access to financial intelligence, Kalkine provides a comprehensive suite of services tailored to support informed investment decisions. The firm's offerings include in-depth stock analysis, macroeconomic coverage, and sector-specific outlooks, catering to the evolving needs of modern investors. Kalkine's research approach blends data science and financial expertise, delivering insights across ASX-listed equities, mutual funds, ETFs, and global economic trends. Operating on a subscription-based model, it offers timely recommendations and general market advice. Key services include: Equity Research Reports: Detailed analysis of ASX-listed companies covering financials, risks, and strategic outlook. Thematic Reports: Focused insights on emerging themes such as green energy, artificial intelligence, and battery technology. Global Market Insights: Updates on international macroeconomic trends, interest rates, and geopolitical shifts. Stock Screeners & Model Portfolios: Curated tools to help investors align with mid- to long-term strategies. Local Expertise, Global Perspective Headquartered in Sydney, Kalkine provides localised insights backed by global research capabilities. Analysts monitor international developments to evaluate their impact on Australian markets. Their work includes earnings forecasts, dividend yield analysis, sector-specific research, and ESG-aligned evaluations. Driven by Innovation and Transparency Kalkine's research is built on transparency and analytical rigor. With the rise of self-directed investing, Kalkine has responded by offering simplified tools that decode complex market data. Its proprietary methodology integrates quantitative metrics, qualitative analysis, and technical indicators to deliver relevant and timely insights. "Our goal is to empower every client to make informed investment decisions," said a Kalkine spokesperson. "Markets are complex, but the right research makes them navigable." Client-Centric Approach and Future Focus Kalkine's customer engagement is anchored in transparency and responsiveness. From onboarding to research support, the firm ensures clarity and prompt service. Its strong client satisfaction reflects a commitment to excellence. Looking ahead, Kalkine is investing in AI-powered analytics and interactive platforms to broaden its impact in the evolving financial landscape. View original content to download multimedia: SOURCE Kalkine Pty. Ltd. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
