Decision Intelligence Leader Quantexa Awarded Google Cloud’s Industry Solution Technology Partner of the Year for Line of Business Processes

LONDON and NEW YORK, Aug. 29, 2023 (GLOBE NEWSWIRE) — Today, Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced that it has won the 2023 Google Cloud’s Industry Solution Technology Partner of the Year award for Line of Business Processes. The award comes after its Decision Intelligence Platform and solutions were made available on Google Cloud Marketplace in April 2023.

Quantexa is recognized for the strength of its line of business solutions. Their Line of Business Processes removes traditional manual data capture by connecting internal and external data and creating an accurate single view of customers. Quantexa’s advanced Line of Businesses processes capabilities were awarded in acknowledgement of the technologies ability to monitor KYC profiles and automate the detection and prioritization of real risk and opportunities.

Key capabilities included in Quantexa’s AI-enabled KYC solution are onboarding, remediation, enhanced due diligence (EDD), and perpetual KYC (pKYC). By deploying the solution, Google Cloud customers can focus their risk management efforts and facilitate trust with customers, leading to increased revenue generation. Plus, by gaining a true understanding of those they are doing business with joint customers will see benefits across the banking value chain, including improved financial crime, AML, and fraud detection.

Making the Quantexa Decision Intelligence Platform available via Google Cloud has given organizations in banking, insurance, telecommunications, and government agencies the ability to connect their data across siloed systems, making it simple for global enterprise customers to trust their data and augment and automate decision-making to protect, optimize, and grow their business.

Dan Higgins, Chief Product Officer at Quantexa: Together with Google Cloud, we’ve been able to bring cutting-edge compliance and risk technology solutions to the Cloud and give our joint customers flexible deployment options. This partnership is enabling IT and infrastructure teams to be more agile and support line-of-business leaders working in an ever-evolving risk landscape. The recognition by Google Cloud further highlights our achievements in enabling organizations to leverage Decision Intelligence to master customer and risk management.”

“Google Cloud’s partner awards recognize the significant impact and customer success that our partners have driven over the past year,” said Kevin Ichhpurani, Corporate Vice President, Global Ecosystem and Channels at Google Cloud. “We’re delighted to recognize Quantexa as a 2023 Google Cloud Partner Award winner and look forward to a continued strong partnership in support of our mutual customers.”

To learn more about how your organization can benefit from Quantexa’s KYC solution and other Decision Intelligence Platform capabilities, please visit: www.quantexa.com

Notes To Editors:

The award win comes ahead of Quantexa’s Global Insurance Roadshow with Accenture, Google Cloud and Quantexa in APAC, EMEA & North America. The events will educate insurers on how to leverage AI to create hyper-personalized customer experiences and will be hosted in the following cities and dates:

About Quantexa
Quantexa is a global data and analytics software company pioneering Decision Intelligence that empowers organisations to make trusted operational decisions by making data meaningful. Using the latest advancements in big data and AI, Quantexa’s Decision Intelligence platform uncovers hidden risk and new opportunities by providing a contextual, connected view of internal and external data in a single place. It solves major challenges across data management, KYC, customer intelligence, 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. Founded in 2016, Quantexa now has more than 650 employees and thousands of users working with billions of transactions and data points across the world. The company has offices in London, New York, Boston, Toronto, Malaga, Brussels, Amsterdam, Dublin, Luxemburg, Singapore, Melbourne, Sydney, and Dubai. For more information, please visit www.quantexa.com or follow us on LinkedIn.

Media Enquiries 

C: Stephanie Crisp, Associate Director and Media Strategist, Fight or Flight
E: quantexa@fightorflight.com

C: Adam Jaffe, SVP of Corporate Marketing
T: +1 609 502 6889
E: adamjaffe@quantexa.com

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The Commonwealth of Dominica Enhances Security and Management of the Citizenship by Investment Programme

Roseau, Aug. 29, 2023 (GLOBE NEWSWIRE) — The Commonwealth of Dominica has taken significant steps to bolster the security and management protocols for its Citizenship by Investment Programme, aimed at fortifying the integrity and longevity of the programme.

Dr. Roosevelt Skerrit, the Prime Minister of Dominica, has been collaborating closely with various stakeholders, including international consultants, to conduct a comprehensive audit of the investment migration programme. Building on an initial audit undertaken last year by a UK consulting firm, the government has been actively implementing new and improved processes through the Citizenship by Investment Unit.

During his recent Budget Speech, the Prime Minister unveiled plans to enlist a globally vetted management consulting firm to oversee the overall operations and management of the Citizenship by Investment Programme. While Dominica already boasts a proactive due diligence process, the government is committed to its further reinforcement, vowing “to leave no stone unturned to strengthen it.”

“We take this matter very seriously and will increase our efforts in showcasing our robust due diligence and risk mitigation efforts on all fronts.” the Prime Minister affirmed.

Over the past 18 months, the Government of Dominica has undertaken several measures to elevate the security of its investment migration programme.

A United States-based firm has already conducted anti-money laundering and counter-terrorism financing training for all Citizenship by Investment Unit staff as the Unit undergoes restructuring. The CBIU was restructured under the supervision of an expert compliance officer to ensure that all procedures were updated, quality control measures strictly followed, and all IT systems upgraded.

The government made a bold move at the start of the year, giving notice of its intent to revoke the citizenship of those who made false declarations or misrepresentations in their applications, particularly relating to previous visa rejections from countries with which Dominica has visa-free treaties.

Dominica has also introduced biometric travel documents and updated its naturalisation certificate, enhancing its security features.

Citizens of the Kurdistan region in Iraq, Russia and Belarus do not qualify for citizenship in Dominica as international security authorities have flagged the regions as high risk. Moreover, the government introduced legislation providing an enhanced due diligence fee for applicants from specific countries. This enhanced due diligence fee offers the government additional resources to thoroughly scrutinise applicants from these countries.

The country also issued regulations to restrict citizens from changing their names.

Dominica has distinguished itself as the first Caribbean country to implement mandatory interviews as part of the citizenship by investment application process – a requirement agreed upon with the United States at a roundtable earlier this year.

“We also devised a new rigorous risk assessment and hired firms from the United States and the United Kingdom to begin interviews with all CBI applicants,” Prime Minister Skerrit said in the Parliament.

In addition to international firms in the US and UK conducting due diligence checks, Dominica’s Financial Intelligence Unit will also assist with the due diligence process. This includes reporting rejected applicants to the JRCC monthly and permitting the JRCC to share that information with the other CBI jurisdictions in the OECS.

Dominica is leading discussions in the region to collaborate on safeguarding the citizenship by investment industry; and has taken measures to emphasise its dedication to cooperating with global stakeholders and enhance the due diligence process to reduce threats from illicit actors.

In addition to these recent changes, new risk mitigation actions include:

  • Thorough assessment and reduction of the number of agents and promoters of the country’s Citizenship by Investment Programme, who will be strictly monitored, along with developers, to ensure compliance with current regulations governing the advertisement of Dominica’s Citizenship by Investment Programme.
  • Strict enforcement of regulated citizenship fees to prevent any undercutting.
  • Strengthening of policies and legislation to maintain competitiveness and alignment with international best practices.

Dominica’s rigorous due diligence and vetting processes make it extremely difficult for any illicit individual to qualify for citizenship. Background checks occur on the ground where the applicant lives and works, via online databases and now in person.

The Prime Minister has reiterated that Dominica will maintain robust due diligence processes to ensure the country meets international standards and alleviates any security concerns.

“We have fresh impetus to go back and relook where we can do even better in giving our international counterparts confidence in our security measures – which are already some of the most robust in the world compared to other jurisdictions,” he said.

Secretary of Dominica Citizenship by Investment Programme
Commonwealth of Dominica
001 (767) 266 3919
info@cbiu.gov.dm

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Indian Ocean Island Games: Team Seychelles wins 2 gold medals in swimming and 2 in weightlifting

Swimmers Felicity Passon and Simon Bachmann gave Seychelles its first two gold medals on Monday on the third day of the 11th edition of the Indian Ocean Island Games in Madagascar.

Passon won the women’s 200m individual medley in 2 minutes 28.64 seconds. Two swimmers from Reunion Mahe Gory-Lauret and Elisa Montrouge were second and third, respectively.

Seychelles President Wavel Ramkalawan sent a message of congratulations to Passon.

“Congratulations to our star swimmer Felicity Passon in bringing Seychelles its first Gold Medal. Well done! Thank you for raising the Seychelles Flag to the highest podium. Congratulations, Seychelles is beaming with pride,” he said.

Ramkalawan also congratulated swimmer Bachmann who won the second gold medal for Seychelles in the men’s 200m individual medley.

Bachmann won first place in 2 minutes 10 seconds ahead of Mael Dujoux from Reunion and third was Mauritian Matteo Tin Wan Yuen.

Seychelles also won two gold medals on Tuesday in weightlifting with Chakira Rose in the women’s +87 kg. She also won a silver medal.

Passon also won a silver medal in the 200m backstroke in 2 minutes 19.89 seconds.

Other medals for Team Seychelles on Monday were in weightlifting. Joelita Coloma won three silver medals in the women’s 76kg category while Terrence Dixie won 3 bronze medals in the 102kg category for men.

After the third day of the IOIG, Seychelles has 35 medals – 4 gold, 17 silver, and 14 bronze.

Seychelles is now in 4th place on the medals table which is being led by Madagascar with a total of 110 medals – 56 gold, 25 silver, and 29 bronze, followed by Reunion and Mauritius.

Team Seychelles expects more medals on Tuesday with five boxers in the final.

While Shane Boniface and Edrian Volcere had already qualified earlier, three others booked their spots on Monday.

Archild David won by 5-0 in the 51kg against Said Soufiane from the Comoros. Dashil Fanchette in the 80kg won by RSC – referee stopped contest – in the third round against Seraphin Maisa from Madagascar and Keddy Agnes in +92 kg also won by RSC.

The five Seychellois finalists will be aiming for gold in the finals on Tuesday.

Seychelles will also be in action in athletics, which starts on Tuesday.

As for the team sports, Seychelles women’s volleyball team will face Mauritius and the men’s side will be playing against Mauritius as well.

The men’s basketball 5×5 will also play against Mauritius.

Source: Seychelles News Agency

AFCON 2024 qualifiers: Clinton Njie says hard work brought him back to Lions’ den

Indomitable Lions head coach, Rigobert Song Bahanag on Tuesday, August 29, 2023, made public a list of 24 players ahead of their last AFCON qualifiers game against Burundi scheduled for September 12, 2023, at the Rhumde Adja Stadium in Garoua, Cameroon.

The list is made up of 3 goalkeepers, 8 defenders, 7 midfielders, and 6 attackers. There is the conspicuous comeback of Clinton Njie, André Onana, and Harold Moukoudi. One of the major absences is that of Fai Collins.

Clinton Njie’s recent brilliant performances with the Turkish club, Sivaspor is the main reason for his coming back to the national team since the 2021 AFCON in Cameroon.

The 30-year-old has already netted 1 goal and provided an assist in 3 league games and has scored 4 goals and provided an assist in his last 6 club games. The player is rated 7/10 by Sofascore.

On his official Instagram account, Njie wrote that “hard work and patience” have brought him this far.

If things are smiling for Clinton Njie, the contrary should be said for Fai Collins who does not feature in Song’s list.

The defender’s last appearance with the Indomitable Lions was on June 11, 2023, when the team played a 2-2 draw with Mexico in a friendly

The 31-year-old’s last game at the club level with Saudi Arabian side AL Tai was on May 31, 2023. He is currently a free agent.

Other major absences are Nicolas Nkoulou, Jean Charles Castelleto, Kunde Malong, and Jean Pierre Nsame.

The Lions are currently ranked second in group C with 4 points. The same number of points with Burundi which are third. The group is currently headed by Namibia with 5 points who will be on standby.

Cameroon needs a win to finish as group leaders and qualify for the group stage of the Africa Cup of Nations in Côte d’Ivoire.

Source: Cameroon News Agency

Aeroflot to increase flights to Seychelles to three weekly

Russia’s national airline, Aeroflot, will increase its flight frequency to Seychelles in October, which will keep the Eastern European country among the top three markets on the island nations’ visitors’ arrival list.

As of October 16, Aeroflot will increase its number of flights from two to three weekly linking Moscow directly to Seychelles, an archipelago in the western Indian Ocean.

The additional flight will be operated on Mondays, complementing the flights on Wednesdays and Saturdays. Direct flights operated by Aeroflot between Seychelles and Russia last about 12 hours.

The principal secretary for tourism, Sherin Francis, told SNA that “we are confident that by enhancing connectivity, we can significantly improve our market performance, as Russia holds strategic importance for our business.”

“Additionally, Russia has demonstrated the potential for increased tourism earnings, which would not only boost our tourism sector but also contribute to improved market performance. We anticipate that increased frequency will play a crucial role in achieving these objectives,” said Francis.

Currently, Russia sits behind Germany and France as the third top contributor to visitors’ arrival in Seychelles.

From January 1 to August 20 this year, a total of 25,546 Russian visitors have landed in Seychelles. This represents a 39 percent increase compared to the same period last year.

Aeroflot resumed scheduled direct flights to Seychelles in October 2022.

Source: Seychelles News Agency

Malaysia offers online courses to Seychellois through new agreement

The Seychelles government and a top university in Malaysia signed an agreement on Tuesday through which Seychellois students will have access to online courses by the end of this year.

The managing director of the SEGi University and Colleges in Malaysia, Stella Lau Kah Wai, and the principal secretary in the Ministry of Education, John Lesperance, signed the agreement for cooperation in higher education at the ministry’s headquarters at Mont Fleuri.

The latest agreement will give Seychellois wishing to pursue further studies an affordable avenue to do so as the SEGi University and Colleges will be developing course content available on the africaopenlearning.com platform.

SEGi, which initially started out as Systematic College in 1977 in Kuala Lumpur’s tertiary education institution, has 20,000 students on its five major campuses in Malaysia.

Since 2016, students from Seychelles have furthered their studies there.

In March 2023, SEGi also held a school leadership programme for primary and secondary school teachers in the island state.

“What we really aim to do is to extend accessibility, to open up access to all people from all walks of life,” Lau Kah Wai.

The courses on offer cover various disciplines from diplomas in mass communications to a PhD in information technology.

“Education should not just be confined to a brick and mortar university but it should be accessible across all borders and across all needs and across all learning capabilities,” she explained.

The courses are available online so students can study at their own pace.

“This is especially needed for working adults, where it’s not possible to put your life on hold, to stop your work and enrol in a university full time. With the new course, prospective students will not have to choose between investing in themselves to study or giving up their steady income, or their job,” said Wai.

The course prices range from SCR7,832 ($594) to SCR118,792 ($9,023) depending on the subjects.

Speaking to the press after the signing, the Minister for Education, Justin Valentin, said that with the government’s new educational loans, these courses are affordable”.

Seychelles, an archipelago in the western Indian Ocean, launched an Education Loan Scheme for people wishing to pursue their advanced or tertiary studies in May this year.

The scheme, which is a collaboration with six participating banks and Seychelles Credit Union, allows applicants to apply for a maximum loan value of SCR800,000 ($60,714) .

“This is an exciting process, as it may open avenues for our own local institutions to prepare their students to take up further studies online with SEGi,” he said.

Valentin also explained that the courses on offer are those not offered locally as “we do not want to hinder our own local institutions.”

There are also micro-credentials programmes with badges – which can be verified with SEGi to prove that the courses they have followed are accredited and the certificates they gained are verified. The badges may be used on a candidate’s personal digital file as academic accomplishments.

In 2022, the Seychelles government paid SCR202 million ($15.2million) to cover tertiary training.

Students qualify for government scholarships according to the results of their Advanced Level studies according to the UK qualifications system. They are expected to return to the island nation after they complete their studies and sign a bond agreement to work for a period of time.

The country also has its own University of Seychelles that was created in 2009 and provides a range of courses, but is still limited in the fields of study and professions it offers.

Source: Seychelles News Agency