Feedzai Acquires Demyst to Enhance AI-Driven Risk Management
Feedzai, a global leader in financial crime prevention, has announced its acquisition of Demyst, a data orchestration firm renowned for its Zonic platform. This strategic move aims to integrate Demyst’s advanced data workflow capabilities into Feedzai’s RiskOps platform, thereby enhancing real-time risk assessment and fraud detection for financial institutions.
The acquisition encompasses Demyst’s full operations, intellectual property, and the Zonic platform, which simplifies data access and organization. By unifying data orchestration and risk management, Feedzai intends to streamline processes such as Know Your Customer (KYC), Anti-Money Laundering (AML), and identity verification, ultimately improving compliance and reducing financial crime.
This development underscores the growing importance of AI-driven solutions in the financial sector, particularly in enhancing security measures and operational efficiency.
🌎 Rhenus Group Rebrands Blu Logistics to Strengthen LATAM Presence
The Rhenus Group, a global logistics solutions provider, has officially rebranded Blu Logistics LATAM to Rhenus Logistics, following its acquisition in 2023. This rebranding initiative aims to enhance Rhenus’s footprint and operational integration across Latin America, with Blu Logistics now operating under the Rhenus name in Argentina, Colombia, Ecuador, Mexico, Paraguay, and Uruguay.
The transition complements Rhenus’s existing operations in the region, including Argentina, Brazil, Chile, Colombia, and Mexico. In 2024, the combined operations handled over 210,000 TEUs in full container load shipments, marking a 16.67% increase from the previous year. This growth is attributed to the expanded capacity and service solutions enabled through Rhenus’s global network.
The rebranding reflects Rhenus’s commitment to providing consistent, high-quality logistics services across Latin America, leveraging the strengths of both organizations to better serve customers in the region.