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Swedbank in More Money-Laundering Legal Trouble

Swedbank in More Money-Laundering Legal Trouble
Swedbank in More Money-Laundering Legal Trouble
March 15, 2022  |  AML

The Estonian unit of Swedbank AB is a suspect in a money-laundering investigation, after a special white-collar crime investigator with Estonia’s Central Criminal Police notified...

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Meta Faces Fines for Allegedly Violating Anti-Competition Rules in South Africa
Meta Faces Fines for Allegedly Violating Anti-Competition Rules in South Africa
March 15, 2022  |  Meta

South Africa’s competition regulator is seeking to prosecute Meta Platforms, formerly Facebook, and its subsidiaries, WhatsApp Inc and Facebook South Africa, for abusing its dominance...

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Banks Worry Russia Will Target SWIFT System
Banks Worry Russia Will Target SWIFT System
March 15, 2022  |  International

Financial executives are expressing fears of Russian cyber attacks on SWIFT after several of the country’s biggest banks were removed from the payments messaging system....

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Webuy Snaps Up Group Buying Rival Chilibeli
Webuy Snaps Up Group Buying Rival Chilibeli
March 15, 2022  |  Acquisitions

Social eCommerce startup Webuy acquired its biggest rival, community group buying platform Chilibeli, for undisclosed terms, Asia Tech Daily reported on Tuesday (March 15). Both...

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Strong 2021 Profits Drive Volkswagen’s Porsche Closer to IPO
Strong 2021 Profits Drive Volkswagen’s Porsche Closer to IPO
March 15, 2022  |  IPO

A boost in group operating profits for Volkswagen AG is likely to be the catalyst that drives a fourth-quarter initial public offering (IPO) for its...

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Connected Car Data Solves Fleet Managers’ Pain Points
Connected Car Data Solves Fleet Managers’ Pain Points
March 15, 2022  |  Data

With 90% of new cars sold in the U.S. connected and able to send data to the automakers, there’s a lot of data out there...

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Paytm CEO: Investors Don’t Have Access to User Data
Paytm CEO: Investors Don’t Have Access to User Data
March 15, 2022  |  Bank Regulation

Paytm CEO Vijay Shekhar Sharma said investors in his firm do not have access to customer data, in a bid to ease concerns over reports...

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FinAccel Suspends IPO Plans Over Adverse Market
FinAccel Suspends IPO Plans Over Adverse Market
March 15, 2022  |  IPO

Buy now, pay later (BNPL) startup Kredivo’s parent FinAccel is suspending its $430 million initial public offering (IPO) over adverse market conditions, multiple news outlets reported...

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Komodo Health Eyes IPO This Summer
Komodo Health Eyes IPO This Summer
March 15, 2022  |  IPO

Healthcare mapmaker Komodo Health has hired banks in preparation for an initial public offering (IPO) this summer, according to an Axios report Monday (March 14)....

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