logo
#

Latest news with #FIS

Skiing standout Marcel Hirscher eyes the Olympic season in return from injury and retirement
Skiing standout Marcel Hirscher eyes the Olympic season in return from injury and retirement

Washington Post

time3 days ago

  • Sport
  • Washington Post

Skiing standout Marcel Hirscher eyes the Olympic season in return from injury and retirement

Skiing standout Marcel Hirscher will have a chance to race in the upcoming Milan-Cortina Olympics after recovering from injury and receiving clearance to compete in the next World Cup season under the new wild card rule. The record eight-time overall World Cup champion had his return last season from five years of retirement cut short when he was injured in December with a torn ACL in his left knee after a fall in training. 'Rehab was going on quite well and now we are back in athletic training. This is super fun, being back a professional athlete again,' Hirscher said on Instagram on Wednesday. 'FIS (the International Ski and Snowboard Federation) made a decision that I am allowed to take my 17 starts from last year's season into the upcoming season. So that means I'm ready for another season ski racing. And I think now you can call it a comeback,' Hirscher added. While the 36-year-old Hirscher competed for Austria in his earlier career, he came back representing the Netherlands. He has an Austrian father and a Dutch mother. That means that if he decides to compete in the Olympics next year, he won't have to qualify for one of the four starting spots that the powerful Austrian team has for each race. Whereas the Netherlands doesn't have any other skiers of Hirscher's caliber. The wild card rule allows former champions to return to the World Cup without the necessary qualifying points. Lindsey Vonn also returned under the wild card rule last season with a new titanium knee and plans on competing in the Feb. 6-22 Olympics. Hirscher only completed one of his three races last season, placing 23rd in the giant slalom at Sölden, Austria. After the injury and ensuing surgery, Hirscher completed 1,000 hours of rehab. 'In the end, two questions remained: What do I want from life? What does life want from me?' Hirscher said. 'Even in difficult moments, my answer never changed: I want to race again.' Hirscher plans to return to snow training in September. 'At the moment, I'm shifting from the rehabilitation phase into full athlete mode, with more extensive sessions and higher intensity,' Hirscher said. 'Training hard again is bringing me a lot of joy. It's shaping up to be a very athletic summer.' Hirscher's 67 World Cup wins put him second on the all-time men's list behind only Ingemar Stenmark's 86 victories. He also won two Olympic golds, in combined and giant slalom at the 2018 Pyeongchang Games; plus a silver in slalom at the 2014 Sochi Games. The World Cup seasons opens in Sölden in October. Men's skiing at the Milan-Cortina Games will be held in Bormio, while the women's events will be held in Cortina d'Ampezzo. ___ AP skiing:

Alpine skiing-Hirscher cleared for another World Cup comeback at 36
Alpine skiing-Hirscher cleared for another World Cup comeback at 36

The Star

time3 days ago

  • Sport
  • The Star

Alpine skiing-Hirscher cleared for another World Cup comeback at 36

FILE PHOTO: Alpine Skiing - FIS Alpine World Ski Championships - Men's Giant Slalom - Saalbach, Austria - February 14, 2025 Austria's Marcel Hirscher is pictured REUTERS/Lisi Niesner/File Photo (Reuters) -Alpine ski great Marcel Hirscher could be on for an Olympic comeback at the age of 36 after being cleared to return to the World Cup as a wildcard following his recovery from a serious knee injury. The 2018 double Olympic gold medallist, and winner of a record eight overall World Cups as an Austrian, last October ended five years of retirement to compete for his mother's country the Netherlands. He suffered a cruciate ligament tear in December and underwent surgery but announced in a video on his Instagram account on Wednesday that, 197 days later, he was ready to go again. "Rehab was going on quite well, and now we are back in athletic training. This is super fun, being back a professional athlete again," he said. "I heard FIS made a decision that I am allowed to take my 17 (unused) starts from last year's season into the upcoming season. So that means I'm ready for another season (of) ski racing. And I think now you can call it a comeback." While Hirscher would have no chance of making the Austrian Olympic team, a superpower in the sport, the Netherlands offers a far easier route to Milan-Cortina 2026 if he can stay clear of injury. He entered only three races last year, with a best result of 23rd in a giant slalom in Soelden, Austria, leaving him 17 unused wildcards. The World Cup allows former top skiers to return as wildcards without having to secure qualifying points. U.S. skier Lindsey Vonn, now 40, is also hoping to ski at the Olympics after returning to the World Cup as a wildcard last season. "In the end, two questions remained: What do I want from life? What does life want from me?" said Hirscher, winner of 67 World Cup races. "Even in difficult moments, my answer never changed: I want to race again." Hirscher, who plans to return to snow training in September, said he also wanted to compete again as an athlete to help his ski equipment company improve their racing skis and boots. The World Cup men's season starts on October 26 with a giant slalom in Soelden. The Olympics start on February 6, with the men's Alpine ski races in the resort of Bormio. (Reporting by Alan Baldwin, editing by Christian Radnedge)

Hirscher cleared for another World Cup comeback at 36
Hirscher cleared for another World Cup comeback at 36

Reuters

time3 days ago

  • Sport
  • Reuters

Hirscher cleared for another World Cup comeback at 36

June 18 (Reuters) - Alpine ski great Marcel Hirscher could be on for an Olympic comeback at the age of 36 after being cleared to return to the World Cup as a wildcard following his recovery from a serious knee injury. The 2018 double Olympic gold medallist, and winner of a record eight overall World Cups as an Austrian, last October ended five years of retirement to compete for his mother's country the Netherlands. He suffered a cruciate ligament tear in December and underwent surgery but announced in a video on his Instagram account on Wednesday that, 197 days later, he was ready to go again. "Rehab was going on quite well, and now we are back in athletic training. This is super fun, being back a professional athlete again," he said. "I heard FIS made a decision that I am allowed to take my 17 (unused) starts from last year's season into the upcoming season. So that means I'm ready for another season (of) ski racing. And I think now you can call it a comeback." While Hirscher would have no chance of making the Austrian Olympic team, a superpower in the sport, the Netherlands offers a far easier route to Milan-Cortina 2026 if he can stay clear of injury. He entered only three races last year, with a best result of 23rd in a giant slalom in Soelden, Austria, leaving him 17 unused wildcards. The World Cup allows former top skiers to return as wildcards without having to secure qualifying points. U.S. skier Lindsey Vonn, now 40, is also hoping to ski at the Olympics after returning to the World Cup as a wildcard last season. "In the end, two questions remained: What do I want from life? What does life want from me?" said Hirscher, winner of 67 World Cup races. "Even in difficult moments, my answer never changed: I want to race again." Hirscher, who plans to return to snow training in September, said he also wanted to compete again as an athlete to help his ski equipment company improve their racing skis and boots. The World Cup men's season starts on October 26 with a giant slalom in Soelden. The Olympics start on February 6, with the men's Alpine ski races in the resort of Bormio.

Anti-money Laundering Market by Offering, End User, and Region - Global Forecast to 2030 with LexisNexis, Oracle, FIS, Fiserv, and Jumio Leading
Anti-money Laundering Market by Offering, End User, and Region - Global Forecast to 2030 with LexisNexis, Oracle, FIS, Fiserv, and Jumio Leading

Yahoo

time3 days ago

  • Business
  • Yahoo

Anti-money Laundering Market by Offering, End User, and Region - Global Forecast to 2030 with LexisNexis, Oracle, FIS, Fiserv, and Jumio Leading

The global Anti-Money Laundering (AML) market is set to expand from USD 4.13 billion in 2025 to USD 9.38 billion by 2030, with a CAGR of 17.8%. The surge in digital payments in regions like Asia Pacific is driving the demand for advanced AML solutions. Institutions are enhancing their transaction monitoring with integrated analytics to combat sophisticated financial crimes. The transaction monitoring segment is growing rapidly, driven by increased regulatory demands and real-time data processing needs. The US dominates the North American market, backed by a robust regulatory framework and extensive financial sector. Key players in the AML industry include LexisNexis, Oracle, FIS, and Fiserv. The report offers insights into market drivers, restraints, opportunities, and competitive strategies. Anti-money Laundering Market Dublin, June 18, 2025 (GLOBE NEWSWIRE) -- The "Anti-money Laundering Market by Offering, End User, and Region - Global Forecast to 2030" report has been added to global AML market size is projected to grow from USD 4.13 billion in 2025 to USD 9.38 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 17.8% during the forecast period. High rates of digital payment adoption in Australia, Singapore, and India have led to the development of more robust compliance infrastructures for monitoring transactions in real-time. The report will help market leaders and new entrants with information on the closest approximations of the revenue numbers for the overall AML market and the subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities. The increasing sophistication of financial crimes is leading institutions to construct infrastructure that provides a 360-degree picture of customer and transaction information. This involves combining KYC information, transactional activity, and third-party information across departments to enhance anomaly detection and simplify regulatory reporting, ultimately enhancing AML capabilities. The rise in digital payments and online banking has significantly accelerated financial transactions, posing a significant risk of illegal activities and necessitating robust AML solution, the transaction monitoring segment is expected to grow at the highest CAGR during the forecast transaction monitoring segment is experiencing rapid growth in the AML market, which is being fueled by the rising volume of online transactions and increased regulatory expectations. Banks are facing mounting pressure to identify suspicious activity in real-time, and hence, there is a move toward sophisticated monitoring systems. For example, Citigroup has significantly invested in its compliance in 2023, spent USD 2.9 billion on transformation spend, which had a significant focus on regulatory compliance automation and improving transaction monitoring processes. These investments indicate the requirement for effective, scalable solutions that can process high volumes of transactional data. Financial crimes being increasingly sophisticated and cross-border in nature, real-time monitoring, integrated analytics, and reporting with ease are key features desired by institutions. Thus, transaction monitoring systems are becoming crucial to combat money laundering and are likely to be one of the most vital growth areas in the AML technology US is expected to hold the largest market size in the North American region during the forecast US has the largest market size in the North America region in the AML market because it has a vast financial sector, a strong regulatory environment, and a high risk of financial crime. The US has put in place a strong legal and enforcement framework for AML compliance, such as the Bank Secrecy Act (BSA), the USA PATRIOT Act, and regulations enforced by the Financial Crimes Enforcement Network (FinCEN). These regulations require extensive customer due diligence, transaction monitoring, and reporting of suspicious nation has the world's largest banks and financial institutions that process large volumes of transactions and have operations in multiple markets around the globe, exposing them to a higher risk of money laundering. US regulators have imposed large fines on banks for non-compliance, providing them with powerful incentives to embrace sophisticated AML technologies. Growth in cyber-facilitated financial crimes and the growing popularity of digital payments drove demand for AI- and analytics-driven AML solutions. Along with these, the mature fintech ecosystem and government efforts to upgrade the AML infrastructure contribute to the country's dominance in the AML report provides insights on the following pointers: Analysis of key drivers (increased monetary penalties, regulatory sanctions, and reputational loss due to non-compliance with regulations, rise in focus toward digital payments and Internet banking, and necessity to create infrastructure with a 360-degree view of data in the financial landscape), restraints (increased technological complexities and sophistication of attacks, and budgetary issues in developing in-house fraud detection solutions), opportunities (higher adoption of advanced analytics in AML, integration of AI, ML, and big data technologies in developing AML solutions, adoption of cloud-based AML solutions to combat financial crimes, and increased use of AML in real-estate sector), and challenges (lack of skilled AML professionals with in-depth knowledge, lack of awareness related to government regulations and deployment of AML solutions). Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and product & service launches in the AML market. Market Development: Comprehensive information about lucrative markets - the report analyzes the AML market across varied regions. Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the AML market. Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players in AML market strategies, including LexisNexis (US), Oracle (US), FIS (US), Fiserv (US), and Jumio (US). Key Attributes: Report Attribute Details No. of Pages 309 Forecast Period 2025 - 2030 Estimated Market Value (USD) in 2025 $4.13 Billion Forecasted Market Value (USD) by 2030 $9.38 Billion Compound Annual Growth Rate 17.8% Regions Covered Global Market Dynamics Drivers Increased Monetary Penalties, Regulatory Sanctions, and Reputational Loss due to Non-Compliance with Regulations Rise in Focus Toward Digital Payments and Internet Banking Necessity to Create Infrastructure with 360-Degree View of Data in Financial Landscape Restraints Increased Technological Complexities and Sophistication of Attacks Budgetary Issues in Developing In-House Fraud Detection Solutions Opportunities Higher Adoption of Advanced Analytics in Aml Integration of AI, ML, and Big Data Technologies in Developing Aml Solutions Adoption of Cloud-based Aml Solutions to Combat Financial Crimes Increased Use of Aml in Real Estate Sector Challenges Lack of Skilled Aml Professionals with In-Depth Knowledge Lack of Awareness Related to Government Regulations and Deployment of Aml Solutions Use Cases Fico Helped 4Finance Increase Efficiency while Maintaining Regulatory Compliance Nice Actimize Helped European Bank Improve Insight into Global Operations Sas Institute Helped Bangkok Bank Stay Ahead of Emerging Risks and Changing Regulations Technological Analysis Key Technologies Transaction Monitoring Systems (Tms) Cdd Solutions Screening Technologies Case Management and Investigation Tools Complementary Technologies AI/ML Data Management & Analytics Identity Technologies Behavioral Analytics Adjacent Technologies Blockchain & Cryptocurrency Fraud Management Systems Regulatory Technology (Regtech) Companies Featured Lexisnexis Oracle Fis Fiserv Jumio Nice Actimize Sas Institute Gb Group PLC Fico Aci Worldwide Experian Wolters Kluwer Transunion Complyadvantage Friss Nelito Systems Comarch Allsec Technologies (Alldigi Tech) Dixtior Temenos Tcs Featurespace Feedzai Napier AI Tier1 Financial Solutions Finacus Solutions Symphonyai Idmerit Informatique-Mtf SA (Imtf) Innovative Systems Sedicii Trulioo Namescan Datavisor Gurucul For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Anti-money Laundering Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store