World leader in Enterprise Financial Crime prevention introduces a deeper layer of defense for card and payments

LONDON & ATLANTA & SINGAPORE-Saturday 27 February 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Today, Featurespace introduces Automated Deep Behavioral Networks for the card and payments industry, providing a deeper layer of defense to protect consumers from scams, account takeover, card and payments fraud, which cost an estimated $42 billion in 2020.

"The significance of this development goes beyond the scope of addressing enterprise financial crime. It's truly the next generation of machine learning," said Dave Excell, founder of Featurespace.

The Invention

A breakthrough in deep learning technology, this invention required an entirely new way to architect and engineer machine learning platforms. Automated Deep Behavioral Networks is a new architecture based on Recurrent Neural Networks that is only available throug ... Read more »

 New brand follows the company’s successful transformation into a stand-alone entity – underscoring its leading role in next-generation mobility solutions.

 Positioning TKE as a people-centric service brand at the top of the elevator industry.

 Combining decades of the company’s success with the new opportunities as forerunner in digital offers.

Essen, Germany-Sunday 7 March 2021 [ AETOS Wire ]

TK Elevator, a leading global player in the elevators and escalators market, announces the launch of its new global brand, TKE. The new brand name results from the change in ownership that took place mid of last year.

“The new TKE brand allows the independent company to further expand. It’s a great opportunity to strengthen our market positioning and technology leadership in next-generation mobility services. With the recent integration of our cloud-based digital platform MAX into all kinds of new elevator ... Read more »

SAN FRANCISCO-Friday 26 February 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Moody’s Analytics is a Category Leader in a new report from Chartis Research. “ALM Technology Systems, 2021: Market and Vendor Landscape” evaluates more than 20 vendors of asset and liability management (ALM) technology systems.

We earned the Category Leader distinction in all four of the report’s RiskTech Quadrants®:

» ALM solutions
» Funds transfer pricing (FTP) solutions
» Liquidity risk management (LRM) solutions
» Capital and balance sheet optimization solutions

The report considers the vendors’ Completeness of Offering and Market Potential, and assesses them on a range of specific capabilities. Many of the capabilities are highlighted in the report as “best-in-class” for Moody’s Analytics.

Banks across the world use our solution to analyze and optimize their balance sheets. M ... Read more »

In connection with the deal, Square plans to name Shawn “JAY-Z” Carter to Board of Directors

SAN FRANCISCO-Sunday 7 March 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Square, Inc. (NYSE: SQ) announced today that it has entered into a definitive agreement to acquire a majority ownership stake in TIDAL, the global music and entertainment platform that brings fans and artists together through unique music, content, and experiences. Square expects to pay a mix of cash and stock of $297 million for a significant majority ownership stake, and existing artist shareholders will be the remaining stakeholders. TIDAL will operate independently within Square, alongside the Seller and Cash App ecosystems.

The acquisition extends Square’s purpose of economic empowerment to a new vertical: musicians. Artists are entrepreneurs with a dream and deserve access to systems, tools, and financial freedom to reach those dreams at every stage in their career. Square has h ... Read more »