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The globalpost-COVID-19 AML Solution market size is forecasted to grow from USD 2.2billion in 2020 to USD 4.5billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.6%

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The globalpost-COVID-19 AML Solution market size is forecasted to grow from USD 2.2billion in 2020 to USD 4.5billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.6%
The globalpost-COVID-19 AML Solution market size is forecasted to grow from USD 2.2billion in 2020 to USD 4.5billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.6%Reading Time: 3 minutes

 

Reportlinker.com announces the release of the report “Anti-money Laundering Market by Component, Solution, Deployment Mode, End User And Region – Global Forecast to 2025”

Transaction Screening and Monitoring Solution to grow at the highest rate during the forecast period
The transaction screening and monitoring solution is developed to meet AML and Counter Terrorism Financing (CTF) requirements, file Suspicious Activity Reports (SARs), and fulfill other reporting obligations resulting into providing organizations with an in-depth analysis of customers’ profile and risk levels and predict future activities. Additionally, the solution prepares comprehensive reports and alerts financial organizations about suspicious activities. Hence, transaction Screening and Monitoring Solution to grow at the highest rate during the forecast period

Large enterprises segment to hold a larger market size during the forecast period
Large enterprises are the early adopters of AML solutions, as they use many business applications that are susceptible to fraudulent attacks.As these enterprises are large, with different types of IT infrastructure, they face the difficult task of effectively managing the security of their applications.

Unlike SMEs, large enterprises are well-equipped with technical skills, have higher investment capabilities, and are more exposed to incidents of frauds. This has led to higher awareness levels among large enterprises.

Europe to grow at the highest CAGR during the forecast period
The continuously developing regulatory landscape with new stringent data privacy laws such as AMLD5, GDPR, and PCI DSS and increasing fines due to non-compliance and the increased research on the implementation of technologies such as AI, ML, and big data technologies in AML solutions for the effective automation of AML risk management and reduction of false positive numbers is necessitating the implementation of AML Solution in the European region.
• By Company: Tier I:33%, Tier II: 41%, and Tier III:26%
• By Designation: C-Level:47%, Director35%: and Others:18%
• By Region: North America: 49%, Europe: 29%, APAC: 17%, RoW: 5%

The report includes the study of the key players offering AML Solution solutions and services. It profiles major vendors in the global AML Solution market, including ACI Worldwide (US), BAE Systems (UK), NICE Actimize (US), FICO (US), SAS Institute (US), Oracle (US), Experian (US), LexisNexis Risk Solutions (US), Fiserv (US), FIS (US), Dixtior (Portugal), TransUnion (US), Wolters Kluwer (Netherlands), Temenos (Switzerland), Nelito Systems (India), TCS (India), WorkFusion (US), Napier (US), Quantaverse (UK), ComplyAdvantage (US), Acuant (US), FeatureSpace (UK), FeedZai (US), Finacus Solution (India), CaseWire (Canada) and Comarch SA (Poland).

Research coverage
The report segments the global AML Solutionmarketbycomponent, solutions, services, deployment mode, organization size, end user, and region. The solution segment comprisesKYC/CDD and Watchlist, Transaction Screening and Monitoring, case Management and Regulatory Reporting.The deployment mode segment comprises cloud and on-premises.The organization size segment comprises SMEs and large enterprises. The AML Solutionmarket by end users includes banking and Financials, Insurance Providers and Gaming/Gambling organizations. The report covers the AML Solution market with respect to 5 major regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA) and Latin America.

The report would help the market leaders and new entrants in the global AML Solution market in the following ways:
1. The report segments the market into various subsegments. Henceit covers the market comprehensively. It provides the closest approximations of the revenue numbers for the overall market and its subsegments. The market numbers are splitfurther across applications and regions.
2. It helps in understanding the overall growth of the market. It also provides information about key market drivers, restraints, challenges, and opportunities.
3. It helps stakeholders in understanding their competitors better and gaining more insights to strengthen their positions in the market. The study also presents the positioning of the key players based on their product offerings and business strategies.

Read the full report: https://www.reportlinker.com/p05815011/?utm_source=GNW

About Reportlinker:
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: The globalpost-COVID-19 AML Solution market size is forecasted to grow from USD 2.2billion in 2020 to USD 4.5billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.6%

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Swansea City Teams Up with The Big Step

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Swansea City Teams Up with The Big Step
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Swansea City football club has teamed up with gambling harm reduction charity The Big Step in a trailblazing new partnership.

The Big Step is a football-focused gambling education project and part of the Gambling with Lives charity.

The 18-month Gambling Harms Prevention programme will be delivered by Swans’ fan Nick Phillips, himself a recovering gambling addict.

In addition to the support of the club, the scheme has also been backed by the Swansea City Supporters Trust, Swansea City Community Trust and has been positively received by local MP Carolyn Harris.

“I would like to thank the club and the supporters trust in giving us the opportunity to talk about gambling and, in particular, the harms that are attached with it,” Nick said.

“As a lifelong fan of the club, I am excited about this education project and believe it will have a significant positive impact amongst the fans and the local community.”

James Grimes, senior programme manager at Gambling with Lives and Founder of The Big Step, added: “I am so proud to announce our partnership with Swansea City, whose community scheme is renowned for improving lives.

“As a recovering gambling addict, I am passionate about preventing young people going through the same thing that I did. During 12 years of addiction, football failed to provide adequate warnings or the help that I so desperately needed.

“This partnership will show how football can be a positive social vehicle in preventing and reducing gambling harms in its community through our education, awareness and signposting work.”

Swansea City’s head of commercial, Rebecca Edwards-Symmons, said: “We are delighted to be able to lend our full support to the fine work of The Big Step.

“At Swansea City, our supporters and their welfare are at the centre of our values, so we were quick to pledge our backing to this project, which can help the lives of not just individuals, but their families and friends too.

“Aside from backing The Big Step, this season we have moved away from having a gambling company as our main kit sponsor, which allows our junior Jacks to proudly wear the same shirts as their heroes.

“These are the big steps we are making to help strengthen the battle against gambling addiction.”


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Swansea City Teams Up with The Big Step

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Rix.GG signs Joonas “Mognus” Salo to Rocket League roster

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Rix.GG, a new esports organisation, announces the signing of Finnish superstar Joonas “Mognus” Salo to its Rocket League roster.

Rix.GG’s Rocket League roster ahead of RLCS X Winter Split will be:

  1. Dan “Polar” Rees
  2. Lorenzo “Dead-Monster” Tongiorgi
  3. Joonas “Mognus” Salo

By signing Joonas “Mognus” Salo, Rix.GG is taking a hybrid approach to both nurture home-grown talent and bolster it with unrivaled expertise in Rocket League. Joonas “Mognus” Salo brings with him a wealth of experience, competing and winning at the highest levels of the esport. Rix.GG hopes the move will lead to the development of a winning team strategy to become one of the top Rocket League teams in the EU.

Jamie Lewis, founder, said: “We [Rix.GG] are doubling down on our efforts to build a top tier team and are delighted to have a world-class talent like Mongnus on board. We feel he is the perfect addition to our budding team.”

Ibrahim Taylor, team manager, said: “Mognus is widely regarded as one of the most capable Rocket League players, someone that has seen great success for many years at the very pinnacle of competitive Rocket League. He also gels very well with the team and the great atmosphere is clear to see. Polar and Dead-Monster are both keen to continue to improve, with the experience and history Mognus brings he is the perfect person for them to combine with to take them to new heights.”

Joonas “Mognus” Salo, said: “I’m happy to be joining Rix.GG as a new third player for its Rocket League team. They take good care of their players, so I know I’m in good hands. Immediately from the first scrim I noticed the potential that Polar and Dead-monster have. With my experience, I hope to bring more consistency to the table

and bring out the best of my teammates. It will definitely take some time, but I hope you can support me and my new team on this journey.”


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Rix.GG signs Joonas “Mognus” Salo to Rocket League roster

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PAGCOR Considers Allowing Casinos to Operate Online Gambling

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PAGCOR Considers Allowing Casinos to Operate Online Gambling
PAGCOR Considers Allowing Casinos to Operate Online GamblingReading Time: < 1 minute

 

The Philippines Amusement and Gaming Corp (PAGCOR) has confirmed that it is considering a proposal to allow online gambling in casinos.

The regulator said it has received requests from operators to allow online bets from known patrons in order to reduce the financial impact of pandemic-related restrictions.

PAGCOR said the departments involved are currently conducting studies on the proposals.

The regulator is already evaluating the legalisation of streaming sabong events in authorised arenas.

An industry source said the change was likely to be made soon but only for Philippine clients.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: PAGCOR Considers Allowing Casinos to Operate Online Gambling

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