CaribPR Wire

CARICOM IMPACS will use Windward’s Predictive Intelligence platform to identify illicit maritime trade in the region

LONDON, March 3, 2021 /PRNewswire/ – Windward, the Predictive Intelligence company applying AI to transform global maritime trade, announced today that it has partnered with The Caribbean Community Implementation Agency for Crime and Security (CARICOM IMPACS), an organization of fifteen Member States and five Associate Members in the Caribbean as well as CARICOM’s Regional Security System (RSS), a treaty organization comprising of Barbados and other countries in the Eastern Caribbean. Windward’s AI-powered maritime intelligence platform will empower CARICOM IMPACS and RSS to support CARICOM Member States in their fight against drug trafficking and illegal activities in the Caribbean’s exclusive economic zones.

As the entryway to the Gulf of Mexico, the Caribbean Sea is a main stop-over in the trade route from South to North America and illicit activities such as drug trafficking and other types of smuggling are becoming increasingly commonplace, especially in light of recent sanctions placed on Venezuela. Despite a decrease in general maritime activity in the region during the COVID-19 pandemic, there has been an increase in illicit maritime activities in the Caribbean in recent months. Windward’s platform will support CARICOM Countries, through CARICOM IMPACS and RSS, in their fight against illicit activities by providing a real-time view of the maritime ecosystem and offering AI-powered risk assessments of vessels, companies, shipowners, and all other stakeholders in the maritime domain.

“Windward’s solution is key in our fight against illegal activities,” said Lieutenant Colonel Michael Jones, Executive Director (Ag) of CARICOM. “As illegal shipping methods are becoming more advanced, we turned to Windward’s industry-leading Maritime AI solution to assist in detecting these activities and flagging vessels that are suspicious, enabling us to assist CARICOM Member States to crack down on illicit trade, minimize and/or prevent illegal fishing, and surveil the maritime domain, beyond AIS monitoring.”

Windward’s Maritime AI is powered by hundreds of behavioral analytics models and over 10 billion data points, giving authorities the power to make smarter decisions, faster. Relying on thousands of case studies and a vast array of parameters including vessel routes, Dark Activities, and unusual changes in course, Windward’s platform analyzes existing behaviors to predict in real-time which entities are likely to be involved in illicit activities. Windward’s solution is the new global standard in maritime control, enabling government bodies to protect their borders, national interests, and citizens. The partnership with CARICOM IMPACS and RSS comes on the heels of Windward’s announcements of a partnership with the EU’s Maritime Analysis and Operations Centre-Narcotics (MAOC-(N)) in October 2020 and the European Border and Coast Guard Agency, Frontex in January 2021.

“We are thrilled that CARICOM has chosen Windward to help protect its territorial waters throughout the Caribbean,” said Ami Daniel, CEO and Co-Founder of Windward. “The Caribbean Sea is a major point in the trade route of illegal substances leaving South America and of sanctioned oil leaving Venezuela. Using Windward’s Maritime AI technology and real-time insights, CARICOM is strengthening its defenses against these activities and enhancing the transparency needed into the global maritime domain to protect its borders.”

About Windward

Windward is the leading Predictive Intelligence company fusing AI and big data to digitalize the global maritime industry, enabling organizations to achieve business and operational readiness. Windward’s AI-powered solution allows stakeholders including banks, commodity traders, insurers, and major energy and shipping companies to make real time, predictive intelligence-driven decisions, providing a 360° view of the maritime ecosystem and its broader impact on safety, security, finance, and business. For more information visit: https://wnwd.com/.

About CARICOM

The Caribbean Community (CARICOM) Implementation Agency for Crime and Security (IMPACS) was established by the Twenty Seventh Meeting of the Conference of Heads of Government in July 2006, in Bird Rock, St Kitts and Nevis, as the implementation arm of a new Regional Architecture to manage CARICOM’s action agenda on crime and security.

At this Meeting, the Heads of Government signed an Inter-Governmental Agreement establishing the Agency as a legal entity, with direct responsibility for research, monitoring and evaluation, analysis and preparation of background documents and reports, as well as project development and implementation of the regional Crime and Security agenda.

CaribPR Wire, PARAMARIBO, Suriname, Feb. 09, 2021: Tookitaki, a global regulatory technology (RegTech) company that enables financial institutions to develop sustainable compliance programs, today announced a partnership with Hakrinbank, a leading South American bank based in Suriname, to fortify its Anti-Money Laundering (AML) detection and alerts management capabilities.

To improve its legacy system and augment its ability to better detect, prioritise, investigate, report and prevent financial crime, Hakrinbank chose Tookitaki to deploy the RegTech’s cutting-edge AMLS offering into production, harnessing the bank’s unique mix of customer, account and transaction data.

In the past, the alert handling at the Hakrinbank was mainly manual because of the number of false positives (alerts that do not represent suspicious activity). The bank wanted a system that could reduce the alert volume while not increasing the risk of missing any suspicious activity. Tookitaki was selected after demonstrating superior suspicious AML pattern detection using a modern solution architecture that can replace the bank’s existing systems over time and provide a migration path for future Artificial Intelligence (AI) and Machine Learning (ML) capabilities.

Tookitaki’s Anti-Money Laundering Suite (AMLS) is an award-winning, end-to-end, machine learning solution with modules around transaction monitoring and names screening. This solution complements current legacy systems, reduces false alerts, and detects ‘missed’ suspicious cases, augmenting both the efficiency and effectiveness of AML compliance processes. The solution will help Hakrinbank prioritize alerts smartly, use AI to increase detection accuracy and improve investigation efficiency through an easy-to-manage user interface.

Mr Abhishek Chatterjee, Founder & CEO, Tookitaki, said, “Tookitaki continues to be a trusted partner of global banks to develop sustainable compliance programmes. Working with Hakrinbank provides us inroads into the Caribbean’s dynamic financial services market. It is a great opportunity for us to detect new and emerging financial crimes, help mitigate compliance risks and ensure banks and financial institutions are aligned to regulatory compliance requirements.”

“This strategic investment and partnership with Tookitaki will enable us to lead the transformation of better risk management by shifting from conventional rules-based AML practices to a future-proof, fully-automated AI-based AML approach. Hopefully through this journey, we are also able to alter the perception of the Caribbean region as high-risk. With increasing digital transactions, fighting money laundering has become more complicated than it previously was, but we are committed to tackling this menace through this partnership,” stated Mr. Rafiek Sheorajpanday, CEO of Hakrinbank.

Last year, the European Union blacklisted a handful of Caribbean jurisdictions due to inadequate AML and tax transparency practices. However, governments in the region and regulatory bodies such as the Financial Action Task Force of Latin America (GAFILAT) are working closely to take steps to tighten anti-money laundering regulations, while in parallel financial institutions are embracing AI to improve detection and investigation abilities. The region has introduced its own initiative, such as the Caribbean Financial Action Task Force (CFATF) to improve governance.

Tookitaki AMLS is the industry’s first AI-based enterprise AML analytics solution in production across transaction monitoring and screening processes with proven performance.

About Tookitaki
Tookitaki Holding Pte. Ltd. provides enterprise software solutions catering to anti-money laundering and reconciliation spaces. Headquartered in Singapore, the growth-stage company is innovating the US$100-billion regulatory compliance space by bringing in machine learning-powered solutions that are actionable, scalable and explainable. The uniqueness and robustness of Tookitaki innovation in the field of regulatory compliance have been acknowledged worldwide. In 2020, the company won the Regulation Asia Awards for Excellence, WITSA Global ICT Excellence Award and G20TechSprint accelerator. In 2019, the company was selected as a Technology Pioneer by the World Economic Forum, recognizing its ability to shape the AML industry and the region in new and exciting ways. Tookitaki is backed by institutional investors like Viola, SIG, Illuminate Financial, Jungle Ventures and Spring Seeds, an investment arm of the Singapore government.

About Hakrinbank
The Hakrinbank, founded 85 years ago, is a full-service bank that continually strives to operate in a customer-oriented way with a primary focus on the business segment and the middle- and higher-income consumer segment. Our ambition is to be the ‘preferred bank’ for our focus customer segments through a sublime customer experience. The Hakrinbank is strongly rooted in the Surinamese society and makes an important contribution to the development of various sectors, companies, families and the society.

As one of the leading financial institutions in Suriname, Hakrinbank is working on their roadmap of providing digital and innovative products and services. Recently we launched our e-commerce platform hoppa! and our mobile wallet Mopé. Currently we are working on enhancements and new products and services such as a new Online and Mobile Banking platform.

When banks increase their digital and innovative products, it leads to an increase in cybersecurity and financial crime risks, which was one of our greatest sources of threats. Preventing fraud and money laundering requires adequate measures. Hence, strengthening our enterprise risk management framework and also creating more risk awareness has a primary focus within the organization. In that regard we have drawn up full scale Cybersecurity, Fraud and ML/TF prevention programs. Aware of our leadership position in the financial sector in Suriname, we are committed to embracing the use of Artificial Intelligence to augment our AML/CFT capabilities and to lead the way in dealing with this threat to us and our country. The partnership with Tookitaki will enable us to achieve these goals.

Hakrinbank selecciona Tookitaki para garantizar monitoreo de cumplimiento financiero sostenible

• Tookitaki implementará su Suite Antilavado de Dinero (AMLS) líder del sector para ayudar a Hakrinbank a detectar y prevenir delitos financieros
• La implementación mejorará de forma significativa el sistema Antilavado de Dinero (AML) legado actual y el espacio de análisis de datos

CARIBPR Wire PARAMARIBO, Suriname, Feb. 09, 2021: Tookitaki una empresa mundial de tecnología regulatoria (RegTech) que permite que las instituciones financieras desarrollen programas de cumplimiento sostenible, anunció hoy una asociación con Hakrinbank, un banco líder sudamericano con sede en Suriname, para fortalecer sus capacidades de detección y gestión de alertas de Antilavado de Dinero (AML).

A fin de mejorar su sistema legado y aumentar su capacidad para detectar, priorizar, investigar, informar y prevenir mejor los delitos financieros, Hakrinbank seleccionó a Tookitaki para implementar la oferta AMLS de vanguardia de RegTech en la producción, aprovechando la combinación única de datos de clientes, cuentas y transacciones del banco.

Anteriormente, el manejo de alertas e Hakrinbank era principalmente manual debido al número de falsos positivos (alertas que no representan actividad sospechosa). El banco buscó un sistema capaz de reducir el volumen de alertas sin aumentar el riesgo de desaprovechar cualquier actividad sospechosa. Tookitaki fue seleccionada después de demostrar una detección superior de patrones AML sospechosos utilizando una arquitectura de solución moderna que puede reemplazar los sistemas existentes del banco a lo largo del tiempo y ofrecer una ruta de migración a futuras capacidades de inteligencia artificial (IA) y aprendizaje automático (ML).

La Suite Antilavado de Dinero (AMLS) de Tookitaki es una solución de aprendizaje automático galardonada e integral con módulos en torno al monitoreo de transacciones y detección de nombres. Esta solución complementa los sistemas legados actuales, reduce alertas falsas y detecta los casos sospechosos “no identificados”, lo que aumenta la eficacia y efectividad de los procesos de cumplimiento AML. La solución ayudará a Hakrinbank a priorizar alertas de forma inteligente, usar la IA para aumentar la precisión de detección y mejorar la eficacia de la investigación a través de una interfaz de usuario fácil de administrar.

El Sr. Abhishek Chatterjee, fundador y director ejecutivo de Tookitaki, dijo: “Tookitaki continúa siendo un socio de confianza de los bancos globales para el desarrollo de programas de cumplimiento sostenible. El trabajo con Hakrinbank viabiliza grandes avances en el dinámico mercado de servicios financieros del Caribe. Es una gran oportunidad para detectar delitos financieros nuevos y emergentes, ayudar a mitigar los riesgos de cumplimiento y garantizar que los bancos e instituciones financieras estén alineadas con los requisitos regulatorios de cumplimiento”.

“Esta inversión estratégica y asociación con Tookitaki nos permitirá liderar la transformación de una mejor gestión de riesgos, al cambiar de prácticas de AML basadas en reglas convencionales a un enfoque de AML totalmente automatizado y comprobado para el futuro. Esperemos que a través de esta jornada, también podamos cambiar la percepción de la región del Caribe como de alto riesgo. Con el aumento de las transacciones digitales, la lucha contra el lavado de dinero se volvió más complicada que antes, sin embargo; estamos comprometidos a abordar esta amenaza a través de esta asociación “, dijo Rafiek Sheorajpanday, director ejecutivo de Hakrinbank.

El año pasado, la Unión Europea puso en la lista negra a un puñado de jurisdicciones del Caribe debido a prácticas inadecuadas de AML y transparencia fiscal. Sin embargo, los gobiernos de la región y organismos reguladores como el Grupo de Acción Financiera de América Latina (GAFILAT) están trabajando en estrecha colaboración para tomar medidas para endurecer las regulaciones contra el lavado de dinero, mientras paralelamente, las instituciones financieras están adoptando la IA para mejorar las capacidades de detección e investigación. La región presentó su propia iniciativa, como el Grupo de Acción Financiera del Caribe (GAFI) para mejorar la gobernanza.

Tookitaki AMLS es la primera solución de análisis de AML empresarial basada en IA del sector en producción a través de procesos de monitoreo y selección de transacciones con un rendimiento comprobado.

Acerca de Tookitaki
Tookitaki Holding Pte. Ltd. ofrece soluciones de software empresarial dirigidas a los espacios de antilavado de dinero y reconciliación. Con sede en Singapur, la empresa en etapa de crecimiento está innovando el espacio de cumplimiento regulatorio de US $ 100 mil millones al incorporar soluciones impulsadas por el aprendizaje automático accionables, escalables y explicables. La singularidad y robustez de la innovación de Tookitaki en el campo del cumplimiento regulatorio son reconocidas en todo el mundo. En 2020, la empresa ganó los Premios Regulation Asia a la Excelencia, el Premio WITSA Global ICT Excellence y el acelerador G20TechSprint. En 2019, la empresa fue seleccionada como pionera en tecnología por el Foro Económico Mundial, en reconocimiento a su capacidad para moldear el sector de AML y la región de maneras nuevas y emocionantes. Tookitaki cuenta con el respaldo de inversores institucionales como Viola, SIG, Illuminate Financial, Jungle Ventures y Spring Seeds, una rama de inversión del gobierno de Singapur.

Acerca de Hakrinbank
Hakrinbank, fundado hace 85 años, es un banco de servicio completo que se esfuerza continuamente por operar de forma orientada al cliente, con enfoque principal en los segmentos de negocios y de consumo de medianos y altos ingresos. Nuestra ambición es ser el “banco preferido” para nuestros segmentos de clientes focalizados mediante una magnífica experiencia de cliente. El Hakrinbank está fuertemente arraigado en la sociedad surinamesa, y hace una importante contribución al desarrollo de diversos sectores, empresas, familias y la sociedad.

Como una de las principales instituciones financieras de Suriname, Hakrinbank trabaja en su plan de acción para ofrecer productos y servicios digitales e innovadores. Recientemente lanzamos nuestra plataforma de comercio electrónico, hoppa! y nuestra cartera móvil Mopé. En la actualidad trabajamos en mejoras y nuevos productos y servicios como una nueva plataforma de banca en línea y móvil.

El aumento de productos digitales e innovadores de los bancos conduce a aumento de la ciberseguridad y riesgos de delitos financieros, una de nuestras mayores fuentes de amenazas. La prevención del fraude y el lavado de dinero exige medidas adecuadas. Bien así, el fortalecimiento de nuestra estructura de gestión de riesgos empresariales y también la creación de mayor concienciación de riesgo tienen un enfoque principal dentro de la organización. En ese sentido, elaboramos programas a escala completa de ciberseguridad y prevención de fraude y avado de dinero y financiamiento del terrorismo (LD/FT). Conscientes de nuestra posición de liderazgo en el sector financiero en Suriname, mantenemos nuestro compromiso de adoptar el uso de inteligencia artificial para aumentar nuestras capacidades Antilavado de Dinero y contra el Financiamiento del Terrorismo (ALD/CFT) y liderar el camino para lidiar con esta amenaza para nosotros y nuestro país. La asociación con Tookitaki nos permitirá alcanzar estos objetivos.

TORONTO, Oct. 6, 2020 /PRNewswire-HISPANIC PR WIRE/ – SQL Power (www.sqlpower.ca), the global leader in financial regulatory and advanced analytics technology is proud to announce the implementation of their supervisory platform, the SQL Power Suite, on September 22, 2020 at the Trinidad and Tobago Securities and Exchange Commission (TTSEC).

According to the TTSEC, the Electronically Advanced Submission interface or EASi platform will revolutionize the way in which the securities industry is regulated, as it puts market players front and center in navigating the system, from submission and renewal of applications to disclosure filings among other important services.

The implementation of the EASi platform also comes in the midst of a national public health crisis (and global pandemic) when the demand for contactless delivery of services is paramount to ensuring business continuity and the stability of the economy, whilst safeguarding public health. The integrated system allows for a greater degree of transparency in the regulatory process and will strengthen confidence in the local securities market.

“I am confident that the TTSEC digital transformation initiative (EASi) will be a huge success, and will serve as a showcase implementation for all Security Exchange Commissions around the World,” said Sam Selim, President and CEO of SQL Power.

The SQL Power Suite is the most robust financial regulatory (SupTech) solution on the market, delivering the ultimate in regulator flexibility, efficiency and transparency; increasing the likelihood of timely successful intervention while providing all interested parties with the ultimate confidence in the regulated market.

About SQL Power:

Founded in 1989, and headquartered in Toronto, Ontario, Canada, SQL Power Group Inc. is a global application software firm specializing in data collection, data integration, business intelligence, and regulatory implementations.

Since implementing the first supervisory solution in Canada in 2009, SQL Power has been at the forefront of financial regulatory software innovation – rolling out the world’s first fully-integrated XBRL-based data collection, risk management, case management and advanced analytics solution that evolves seamlessly with evolving Global Financial Standards.

The SQL Power Supervisory Platform is an end to end solution for financial regulation. The platform is multilingual, modular and includes: Data Collection, Registration and Licensing, Case Management, Risk Management, and Onsite inspection solutions. The platform also comes bundled with built-in Advanced Analytics capabilities and a world-class Business Intelligence Tool.

A Massive Library of Europe’s Most Popular TV Series now Available Ad-Free

CaribPR Wire, Miami, FL, September 23, 2020: Europa+ (Europa Más) is now streaming the latest and most popular TV series from across Europe to audiences throughout Latin America and the Caribbean. Designed for European Ex-Pats, people of European descent and the large community of those passionate about European culture throughout the region, Europa+ offers viewers a variety of the latest and best European shows to link them to their roots, culture and tastes.

Available for US$5.99/month in most markets, the service draws a curated list of programs from the libraries of well-known European content producers like BBC Studios, Studio Canal, TF1, ZDF, NordicWorld, Studio 100, Spiegel and Mediaset. Programs are presented ad-free, in High Definition and their original language – all with subtitles and the majority sub-titled in Spanish and English.

A 7-day, risk-free trial is available at www.europamas.com

Europa+ offers a unique alternative to existing SVOD and traditional television services throughout Latin America and the Caribbean — more than 1500 hours of the latest and most popular European TV series and specials are easily found by genre, language, and sub-title options.  It is available on iOS, Android, Apple TV, Roku and Amazon Fire TV devices and all shows are available for download for later viewing on portable devices.

“For nearly 30 years, Castalia Communications has forged a track record of successfully launching new media ventures worldwide,” said Luis Torres-Bohl, President of Europa+ and its co-owner Castalia Communications.  “Our mission has always been to enable the many and different voices of our world the opportunity to be heard.”

“We provide programming that makes Europeans living and working in Latin America and the Caribbean feel more connected to home,” said Europa+ COO and Managing Director Rubén Mendiola. “Europa+ viewers will have the most compelling and newest European dramas, comedies, documentaries, reality, nature, motor shows, kids’ toons and more at their fingertips.”

Europa+ is an OTT service owned and operated by Mexico City-based investment fund, Innokap, and Atlanta-based Castalia Communications Corporation.

Additional Media assets can be found here:  http://files.europamas.com/index.php/s/QfFp8m0cvqPiOzu

# # #

About Europa+

Europa+ (Europa Más) is an OTT digital video subscription service owned and operated by Mexico City-based investment fund, Innokap, and Atlanta-based Castalia Communications Corporation. The service brings together the very best in current European programming from the UK, Germany, France, Italy, and other European countries, making it exclusively available to viewers throughout Latin America and the Caribbean. Europa+ content is available on major mobile, web and connected TV streaming devices and can be downloaded and viewed offline where rights allow. All content is available ad-free in one place for US$5.99 in most markets.  Headquartered in Atlanta, Europa+ has offices in Miami, Lima, Peru, and San Luis Potosí, Mexico. www.europamas.com

About Castalia Communications

Castalia Communications is an international media business development company based in Atlanta, Georgia. Since 1991 Castalia has been the creator and distributor of many linear channels and thousands of programming hours from world-renowned media and technology companies.  With an excellent reputation and a broad network of contacts in Latin America, the United States and Canada, the company also continues several long-term collaborations in European and Asian markets. For additional information, call (770) 396-7850 or visit www.castaliacommunications.com

Contacts:

Brad Pitts | Europa+

(561) 307-9238

[email protected]

Bertha Ortega | Castalia Communications

(201) 207-7823

[email protected]

LOGO AT: https://www.newsamericasnow.com/wp-content/uploads/2020/09/EuropaMas_LOGO.jpg

Curaçao leads Caribbean region in aviation safety and efficiency

WILLEMSTAD, Curaçao, Nov. 18, 2019 /PRNewswire-HISPANIC PR WIRE/ – Today, the Dutch Caribbean Air Navigation Service Provider (DC-ANSP) announced it has deployed Aireon’s space-based ADS-B surveillance service in the Curaçao Flight Information Region (FIR). This milestone follows years of collaboration, with the two organizations signing the data services agreement (DSA) in October of 2015.

Effective immediately, DC-ANSP will have 100 percent air traffic surveillance over the 300,000 square kilometers that make up Curaçao’s FIR. Adjacent to Venezuela, Puerto Rico, Dominican Republic, Haiti, Jamaica and Colombia, the majority of this FIR is oceanic.

“Space-based ADS-B will revolutionize how DC-ANSP ensures the highest levels of safety and efficiency throughout the Curaçao FIR,” said Micilia Albertus-Verboom, Director General, DC-ANSP. “Before Aireon, the northwestern sector of our FIR lacked real-time air traffic surveillance coverage. Now, space-based ADS-B provides coverage where before there was none.”

The Curaçao FIR is a major throughway for flights; DC-ANSP manages critical routes between the United States, Central America, South America, the Caribbean and Europe throughout the Curaçao FIR. Because of space-based ADS-B coverage, DC-ANSP’s air traffic controllers will be able to reduce separation and guide overflight efficiency in the northwestern sector of the Curaçao FIR.

Director General Albertus-Verboom also noted, “among the many benefits we anticipate, Aireon will allow us to facilitate seamless transitions between Curaçao’s neighboring FIRs. Regions adjacent to us will benefit from safer and more efficient hand-overs, which are afforded by the minimization of human error through data-driven decision making.”

“Deploying Aireon in Curaçao FIR solidifies DC-ANSP’s position as a leader of aviation safety and efficiency in the region,” said Don Thoma, CEO, Aireon. “Our data will provide DC-ANSP more control over how they manage cross-regional and intersecting routes within their airspace and will enable complete situational awareness for DC-ANSP as they continue to deliver superior safety and efficiency to the flying public.”

For the past several years, DC-ANSP and Aireon have worked closely on the technical implementation of the system in Curaçao, which includes the use of the regional network, Mejoras al Enlace de Voz del ATS (MEVA), as a secondary telecommunication link as a means to transfer space-based ADS-B data to DC-ANSPs operations center. Additionally, Aireon has worked alongside DC-ANSP leadership to ensure preparation for the enhancements in procedural operations.

“Not only have we changed how we manage our airspace, but we are also adapting how we work with our adjacent airspaces and our customers, and Aireon has been our partner at every step of the way for the last four years,” said Director General Albertus-Verboom.

Curacao has a January 1, 2020 ADS-B equipage mandate for part of the airspace where there is no conventional radar coverage. Users in Class A airspace must be ADS-B equipped.

About Aireon LLC
Aireon has deployed a space-based air traffic surveillance system for Automatic Dependent Surveillance-Broadcast (ADS-B) equipped aircraft throughout the entire globe. Aireon is harnessing next-generation aviation surveillance technologies that were formerly ground-based and, for the first time ever, is extending their reach globally to significantly improve efficiency, enhance safety, reduce emissions and provide cost savings benefits to all stakeholders. Space-based ADS-B surveillance covers oceanic, polar and remote regions, and augments existing ground-based systems that are limited to terrestrial airspace. In partnership with leading ANSPs from around the world, like NAV CANADA, the Irish Aviation Authority (IAA), Enav, NATS and Naviair, as well as Iridium Communications, Aireon is providing a global, real-time, space-based air traffic surveillance system, available to all aviation stakeholders. For more information, please visit www.aireon.com.

About DC-ANSP
DC-ANSP was founded as Netherlands Antilles Air Traffic Control (”NAATC”) which was incorporated in Curaçao on 9 February 2005 and became operational on 1 April 2006. DC-ANSP is an Air Navigation Service Provider (”ANSP”) which is responsible for the Air Traffic Services (”ATS”) within the Curaçao Flight Information Region (FIR). DC-ANSP operates 3 air traffic control facilities: an Area Control Centre located in Curaçao and two Aerodrome Control Towers, one located at Hato International Airport (Hato Control Tower) and the other one located at Bonaire International Airport (Flamingo Control Tower). For more information, please visit http://dc-ansp.org/.

WASHINGTON, Nov. 4, 2019 /PRNewswire-HISPANIC PR WIRE/ –

IN THE DISTRICT COURT FOR THE VIRGIN ISLANDS
DIVISION OF ST. CROIX

SUMMARY NOTICE OF PENDENCY OF CLASS ACTION, CERTIFICATION OF SETTLEMENT CLASS, PROPOSED SETTLEMENT, SETTLEMENT HEARING, AND MOTION FOR ATTORNEYS’ FEES AND EXPENSES

YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the District of the Virgin Islands, that Lead Plaintiff Lei Shi and Plaintiff Ashley Saunders (collectively, “Plaintiffs”), on behalf of themselves and the Settlement Class, and Altisource Residential Corporation, William C. Erbey, Ashish Pandey, Kenneth D. Najour, Robin N. Lowe, and Rachel M. Ridley (collectively, “Defendants”), have reached a proposed settlement of the above-captioned action in the amount of $15,500,000 that, if approved, will resolve the lawsuit in its entirety (the “Settlement”).

A hearing will be held before the Honorable Anne E. Thompson of the United States District Court for the District of Virgin Islands, by designation, at the Clarkson S. Fisher Building & U.S. Courthouse, Courtroom 4W, 408 East State Street, Trenton, NJ 08608, at 10:00 a.m. on January 30, 2020 (the “Settlement Hearing”) to, among other things, determine whether the Court should: (i) certify the Settlement Class for the purposes of the Settlement only; (ii) approve the proposed Settlement as fair, reasonable, and adequate; (iii) dismiss the Action with prejudice as provided in the Stipulation and Agreement of Settlement, dated October 7, 2019 (”Stipulation”); (iv) approve the proposed Plan of Allocation for distribution of the Net Settlement Fund; and (v) approve Lead Counsel’s Fee and Expense Application.  The Court may change the date of the Settlement Hearing without providing another notice.  You do NOT need to attend the Settlement Hearing to receive a distribution from the Net Settlement Fund.

IF YOU ARE A MEMBER OF THE SETTLEMENT CLASS, YOUR RIGHTS WILL BE AFFECTED BY THE PROPOSED SETTLEMENT AND YOU MAY BE ENTITLED TO A MONETARY PAYMENT. If you have not yet received a Notice and Proof of Claim and Release form (”Claim Form”), you may obtain copies of these documents by visiting the website dedicated to the Settlement, www.AltisourceResidentialSettlement.com, or by contacting the Claims Administrator at:

Altisource Residential Corporation Securities Litigation
Claims Administrator
A.B. Data, Ltd.
P.O. Box 173012
Milwaukee, WI 53217
866-797-0862

Inquiries, other than requests for the Notice, Claim Form, or for information about the status of a claim, may also be made to Lead Counsel:

Nicholas I. Porritt
LEVI & KORSINSKY, LLP
1101 30^th St. N.W., Suite 115
Washington, DC 20007
(212) 363-7500|

If you are a Settlement Class Member, to be eligible to share in the distribution of the Net Settlement Fund, you must submit a Claim Form postmarked or received no later than February 22, 2020. If you are a Settlement Class Member and do not timely submit a valid Claim Form, you will not be eligible to share in the distribution of the Net Settlement Fund, but you will nevertheless be bound by all judgments or orders entered by the Court in the Action, whether favorable or unfavorable.

If you are a Settlement Class Member and wish to exclude yourself from the Settlement Class, you must submit a written request for exclusion in accordance with the instructions set forth in the Notice such that it is received no later than January 9, 2020. If you properly exclude yourself from the Settlement Class, you will not be bound by any judgments or orders entered by the Court in the Action, whether favorable or unfavorable, and you will not be eligible to share in the distribution of the Net Settlement Fund.

Any objections to the proposed Settlement, the proposed Plan of Allocation, and/or Lead Counsel’s Fee and Expense Application must be filed with the Court and mailed to counsel for the Parties in accordance with the instructions in the Notice, such that they are filed and receivedno later than January 9, 2020.

PLEASE DO NOT CONTACT THE COURT, DEFENDANTS, OR
DEFENDANTS’ COUNSEL REGARDING THIS NOTICE.

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MIAMI, Sept. 6, 2019 /PRNewswire-HISPANIC PR WIRE/ – In light of the devastating impact of Hurricane Dorian on the Bahamas, Baptist Health South Florida would like to share its deepest sympathy for the Bahamian people.

Baptist Health is taking immediate action to provide support as aid efforts begin. Rose Rahming, Baptist Health’s local representative in the Bahamas, is assisting with the coordination of relief efforts from the National Emergency Operations Centre as well as the Baptist Health International office in Nassau.

Baptist Health South Florida is working with the Bahamian authorities to provide a significant amount of medical supplies to the functioning hospital in the region, Princess Margaret Hospital located in Nassau. Baptist Health has also notified Bahamian authorities that we are prepared to support patient transfers for those affected by the storm.

Locally, we have partnered with South Florida-based Operation Helping Hands, which has been activated by United Way of Miami-Dade, to provide disaster relief to our Bahamian neighbors and friends in this critical time of need.

In the aftermath of a hurricane of this magnitude, financial contributions are critical to providing the most effective help to address the immediate needs of the affected areas. Operation Helping Hands ensures that the funds are used by organizations with the experience and infrastructure to deliver the immediate assistance needed. One hundred percent of the funds raised through Operation Helping Hands will go directly to those affected by Hurricane Dorian in the Bahamas.

For over two decades, Baptist Health has cultivated close friendships with our neighbors in the Bahamas. Although the road to recovery will be long, we stand ready and committed to assist the Bahamian people in the days, weeks, and months ahead.

About Baptist Health South Florida
Baptist Health South Florida is the largest healthcare organization in the region, with 11 hospitals, nearly 23,000 employees, more than 4,000 physicians and more than 100 outpatient centers, urgent care facilities and physician practices spanning Miami-Dade, Monroe, Broward and Palm Beach counties. Baptist Health has internationally renowned centers of excellence in cancer, cardiovascular care, orthopedics and sports medicine, and neurosciences. In addition, it includes Baptist Health Medical Group; Baptist Health Quality Network; and Baptist Health Care On Demand, a virtual health platform. A not-for-profit organization supported by philanthropy and committed to our faith-based charitable mission of medical excellence, Baptist Health has been recognized by Fortune as one of the 100 Best Companies to Work For in America and by Ethisphere as one of the World’s Most Ethical Companies. For more information, visit BaptistHealth.net/Newsroom and connect with us on Facebook, Instagram, Twitter and LinkedIn.

About Baptist Health International
Baptist Health International is one of the largest hospital-based international programs in the United States. Thousands of people travel to Miami each year from around the world to receive care from the renowned physicians at Baptist Health South Florida facilities. Baptist Health International is dedicated to facilitating comprehensive, high-quality services for international physicians and their patients, including hospital admissions, outpatient services and medical exams, second opinions, physician consultations and concierge services. For more information, visit BaptistHealth.net/International.