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Standard Chartered Launches SC PrismFX: Revolutionizing Global Transactions for Seamless Financial Operations
Standard Chartered has launched SC PrismFX, a comprehensive foreign exchange (FX) payment service suite designed for banks, PayTech companies, and corporate clients, addressing the growing demand for transparent and automated FX solutions. The platform supports FX payments in over 130 currencies across more than 40 markets, offering global consistency, competitive pricing, and advanced solutions for payables, receivables, and trade finance. Key benefits include seamless integration for corporates, extensive networks for PayTech firms, and automated payments for financial institutions. According to Sarad Desai, the platform combines FX trading capabilities with digital efficiency to meet diverse client needs. More information is available on Standard Chartered’s website.
DNSFilter Strengthens Endpoint Security and MSP Threat Protection with Zorus Acquisition
DNSFilter, a cybersecurity firm known for its AI-driven DNS-layer threat detection, has acquired Zorus to enhance security for Managed Service Providers (MSPs). This acquisition aims to integrate Zorus’ endpoint security tools, including URL filtering and user behavior analytics, with DNSFilter’s network-level defenses. The collaboration promises improved threat detection, service resilience, and operational continuity for clients. DNSFilter CEO Ken Carnesi emphasized the merger’s potential to set new standards in MSP security solutions, while Zorus CEO Brett Cheloff highlighted the partnership’s ability to create a comprehensive security experience. Both firms are committed to ensuring a seamless transition for customers.
Transforming Challenges into Triumphs: How GRC Professionals are Shaping Success in 2025
Drata’s report, “The State of GRC 2025: From Cost Center to Strategic Business Driver,” emphasizes the critical importance of a comprehensive governance, risk, and compliance (GRC) framework for business success and customer trust. Survey findings reveal that 96% of GRC professionals see increased focus on GRC due to data breaches and compliance penalties. Key challenges include brand safety risks (51%), security breaches (49%), and difficulties in adapting to compliance changes (48%). While 46% believe AI can enhance compliance, concerns about AI biases (43%) and errors (39%) persist. Notably, 98% emphasize the need for effective communication of GRC achievements to stakeholders.
Unveiling Money Laundering Techniques: The Essential Role of KYC in Financial Security
Money laundering poses a significant global threat, facilitating serious crimes and endangering businesses involved in large financial transactions. To combat this, companies must implement effective anti-money laundering (AML) measures, including robust Know Your Customer (KYC) and Know Your Business (KYB) protocols. Recognizing money laundering red flags is essential for prevention, with the Financial Action Task Force (FATF) identifying key indicators in client behavior, source of funds, and transaction nature. Sectors like real estate are particularly vulnerable due to high-value transactions. By establishing strong AML systems, businesses can protect themselves from financial crimes and ensure a secure operational environment.
Rippling Secures $450 Million in Series G Funding: A Game-Changer for HR and IT Platforms
Rippling, a leading workforce management platform, has raised $450 million in a Series G funding round, boosting its valuation to $16.8 billion. Key investors include Elad Gil, GIC, and Goldman Sachs Alternatives. The company has also launched a $200 million equity tender offer for current and former employees, emphasizing its commitment to its workforce. Rippling offers an integrated suite of over 24 products, including payroll management and benefits administration, allowing organizations to manage employee data efficiently. With the new capital, Rippling plans to accelerate international expansion, enhance its product offerings, and develop new capabilities, solidifying its position in the industry.
Datamaran Unveils Harbor: A Game-Changer for Corporate Sustainability Professionals
Datamaran has launched Harbor, a global community platform for corporate sustainability professionals, addressing challenges like regulatory pressures and stakeholder expectations. Founded in 2014, Datamaran specializes in AI-driven ESG risk management to aid organizations in compliance and reporting. Harbor provides a supportive digital space for sustainability leaders to connect, access regulatory updates, ESG trends, and job opportunities at no cost. Additionally, Harbor+ offers a premium subscription for deeper engagement, including policy briefs and exclusive sessions with regulators. This initiative underscores Datamaran’s commitment to empowering the ESG community and driving transformative change in sustainability practices.