About: http://data.cimple.eu/news-article/882884bb54fd91a52743004c97c4288eb244d7dd8d7dacdc8583cac2     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

AttributesValues
rdf:type
schema:articleBody
  • Nasdaq agreed to acquire Verafin, a Canadian financial fraud-detection company, for $2.75 billion, the companies announced Thursday. Verafin, founded in 2003 in St. John's, Newfoundland and Labrador, employs machine learning, data analytics and other tools to detect money laundering and fraud. The company's cloud-based products currently serve more than 2,000 banks and credit unions in North America. Nasdaq said the transaction would strengthen its efforts to eradicate financial crime and money laundering. It cited a United Nations estimate that there are up to $2 trillion in laundered money flows per year. "At the core of Nasdaq's mission, we champion fairness and integrity in the markets that we build and in the broader financial ecosystem in which we operate," said Nasdaq Chief Executive Adena Friedman. "Combatting financial crime is central to achieving our goals." Besides strengthening Nasdaq's system integrity, the transaction will boost the exchange's software offerings to clients, Friedman said. Nasdaq plans to keep Verafin's headquarters in St. John's and will support technology investment in the region, including funding a fellowship program at Memorial University, the companies said in a press release. jul-jmb/dw
schema:headline
  • Nasdaq buys Canadian fraud-detection company for $2.75 bn
schema:mentions
schema:author
schema:datePublished
http://data.cimple...sPoliticalLeaning
http://data.cimple...logy#hasSentiment
http://data.cimple...readability_score
http://data.cimple...tology#hasEmotion
Faceted Search & Find service v1.16.115 as of Oct 09 2023


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software