
Altor-Backed Aira Raises €150 million for Heat Pump Expansion
Aira was founded in 2022 by Mix's green investment vehicle Vargas Holding AB, which came to international prominence last year after another of its major projects, Northvolt AB, went bankrupt with debts of more than $5 billion.
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Yahoo
an hour ago
- Yahoo
Nium and iPiD Deepen Strategic Collaboration to Advance VoP Compliance and Global Fraud Prevention
SINGAPORE, Aug. 11, 2025 /PRNewswire/ -- Nium, the leading global infrastructure for real-time cross-border payments, today announced the expansion of Verify, its account validation service, in Europe, through a strengthened strategic partnership with iPiD, the provider of the Know Your Payee (KYP) solution, iPiD Node. As part of this deepening collaboration, iPiD is also leveraging Nium's Verify technology to enhance its own validation capabilities, marking a mutual partnership between two of Singapore's most prominent fintech innovators. By tapping into Nium's established account verification infrastructure, iPiD is able to enhance its global coverage. This two-way partnership underscores both companies' shared vision to increase trust, reduce fraud, and meet evolving regulatory demands in cross-border payments. With VoP becoming a regulatory requirement in the EU by October 2025, payment service providers (PSPs) will be expected not only to verify payee details but also to demonstrate that verification was attempted and properly recorded. Through this collaboration, the integration of iPiD Node extends the reach of Nium's Verify solution in the EU, with audit-ready coverage in the additional 41 countries of the SEPA zone; adding to Nium's instant account verification capabilities in 25 countries globally. Nium's position as the only provider with direct access to global RTP schemes for the purpose of both payments and real-time account validation is complemented by iPiD Node's compliance-ready infrastructure. Since Nium launched Verify, it has helped customers save millions of dollars in fraud and error related costs. A leading global remittance provider saw their error rates reduce from 1.41% to 0.34% after implementing Verify. At the same time, iPiD Node has enabled institutions to meet increasingly stringent VoP compliance requirements through evidence-ready audit logs, while helping reduce false positives and manual reviews in high-risk cross-border transactions. "It's powerful when a trusted partner chooses to become a customer," said Damien Dugauquier, Co-founder & CEO at iPiD. "We're proud to work alongside Nium — not just as fellow Singapore fintechs, but as like-minded teams solving the next generation of cross-border compliance and fraud challenges." While many providers rely solely on name-matching tools for payee validation, Nium's Verify solution, with the integration of the iPiD Node allows its infrastructure to deliver an elevated experience, leveraging real-time API responses directly from domestic RTP systems for unmatched accuracy and fraud prevention, while also providing transparent, accurate and secure cross-border transactions. The addition of iPiD Node also ensures advanced capabilities in the EU including: Real-time request/response name-checking flows Evidence-ready forensics and audit logs to meet regulatory requirements Flexible name-matching logic to balance security with usability "As regulation and risk evolve, we're focused on building infrastructure that goes beyond the payment to provide both compliant and customer-centric solutions," said Alexandra Johnson, Chief Payments Officer at Nium. "Deepening our relationship with iPiD gives us the tools to further scale our Verify solution for account validation with confidence." The collaboration also reflects growing synergy between Singapore's fintech leaders in advancing secure, compliant, and scalable financial infrastructure on the global stage. Together, Nium and iPiD are setting a new standard for payee verification - combining real-time intelligence, regulatory readiness, and ecosystem collaboration to make global payments safer and smarter. About Nium Nium, the leading global infrastructure for real-time cross-border payments, was founded on the mission to deliver the global payments infrastructure of tomorrow, today. With the onset of the global economy, its payments infrastructure is shaping how banks, fintechs, and businesses everywhere collect, convert, and disburse funds instantly across borders. Its payout network supports 100 currencies and spans 190+ countries, 100 of which in real-time. Funds can be disbursed to accounts, wallets, and cards and collected locally in 40 markets. Nium's growing card issuance business is already available in 34 countries. Nium holds regulatory licenses and authorizations in more than 40 countries, enabling seamless onboarding, rapid integration, and compliance – independent of geography. The company is co-headquartered in San Francisco and Singapore. About iPiDiPiD is a global leader in Know Your Payee (KYP) solutions, specializing in payee verification. Our technology enables financial institutions, payments service providers and corporations to improve payment experiences, reduce errors, protect against fraud and ensure compliance. Logo - View original content to download multimedia: SOURCE Nium

Wall Street Journal
an hour ago
- Wall Street Journal
With Billions at Risk, Nvidia CEO Buys His Way Out of the Trade Battle
Jensen Huang, chief executive of California-based chip designer Nvidia, worked for months behind the scenes in Washington and Beijing to protect tens of billions of dollars in future sales from the heated U.S.-China trade rivalry. Huang told President Trump that restrictions on U.S. chip sales to China would backfire by pushing Chinese technology champions to achieve self-reliance. He advised the president to keep China hooked on American tech. As a sweetener, Huang said the company would invest as much $500 billion in the U.S.
Yahoo
2 hours ago
- Yahoo
John Kennedy FitzGerald Increases Ownership in Greenhawk Resources Inc. and Announces Leadership Changes
TORONTO, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Greenhawk Resources Inc. ('Greenhawk' or the "Company") (CSE: GRHK) announces John Kennedy FitzGerald ('FitzGerald'), of Toronto, Ontario announces that on Friday, August 8, 2025 he acquired in part through the facilities of the Canadian Securities Exchange and in part through a private purchase and sale transaction, ownership and control over an aggregate of 10,233,333 common shares of the Company. Following these acquisitions, FitzGerald beneficially owns or exercises control or direction over 16,569,493 common shares of the Company, representing approximately 19.22% of the issued and outstanding common shares, based on 86,199,162 common shares outstanding as of the date hereof. Prior to these transactions, FitzGerald beneficially owned or exercised control or direction over 6,336,160 common shares, representing approximately 7.35% of the issued and outstanding common shares. The securities were acquired for investment purposes. FitzGerald has no current plans or intentions to acquire or dispose of additional securities of the Company. However, FitzGerald may, depending on market conditions and other factors, acquire or dispose of additional securities of the Company in the future. Leadership Changes The Company also announces that Greg McKenzie has tendered his resignation as Chief Executive Officer and as a member of the Board of Directors of the Company and its subsidiaries, effective August 11, 2025. The Board has accepted his resignation and thanks him for his service and contributions to the Company. In addition, Dwayne Melrose has resigned from the Board of Directors, effective August 11, 2025. The Board has commenced a process to identify and appoint new members to fill the vacancies created by these departures. FitzGerald will assume the role of Interim Chief Executive Officer effective immediately and will become Chairman of the Board. Early Warning Disclosure A copy of the Early Warning Report filed by FitzGerald will be available under the issuer's profile on SEDAR+ at or may be obtained by contacting: John Kennedy FitzGerald30 York Valley CrescentNorth York, Ontario, M2P 1A7jkf@ About Greenhawk Resources Inc. Greenhawk is a Canadian resources exploration and development company. Greenhawk owns a 100% legal and beneficial interest in two mineral exploration licenses and one prospecting license in Greenland known as the Storø Gold Project. Additional Information on Greenhawk can be obtained from SEDAR+ at Greenhawk is listed on the Canadian Securities Exchange ( (CSE: GRHK). Issued on behalf of the Board of Directors of Greenhawk Resources Inc. For information, please contact: John FitzGerald, Interim CEOPhone: +1 (416) 504-2020Email: info@ Note Regarding Forward-Looking Information Certain statements in this press release may contain forward looking information which can be identified by the use of forward-looking terminology such as "believes", "expects", "may", "desires", "will", "should", "projects", "estimates", "contemplates", "anticipates", "intends", or any negative such as "does not believe" or other variations thereof or comparable terminology. No assurance can be given that potential future results or circumstances described in the forward-looking statements will be achieved or will occur. By their nature, these forward-looking statements necessarily involve risks and uncertainties that could cause actual results to significantly differ from those contemplated by these forward-looking statements including, but not limited to: the Board's plan to fill the Board vacancies created by Mr. Greg McKenzie and Mr. Dwayne Melrose; Mr. FitzGerald's current plans and intentions with respect to futures acquisitions or dispositions of securities of the Company. Such statements reflect the view of the Company with respect to future events and are based on information currently available to the Company and on assumptions, which it considers reasonable. Management cautions readers that the assumptions relative to the future events, several of which are beyond management's control, could prove to be incorrect, given that they are subject to certain risk and uncertainties, and that actual results may differ materially from those projected. Management disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking 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