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Regulated Blockchain: Foundation for an Effective and Efficient Financial Sector

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LAGOS, Nigeria, March 24, 2025 /PRNewswire/ — The global financial landscape is at a crossroads. While digital financial services have brought convenience and accessibility, they have also introduced new challenges—ranging from regulatory uncertainty to inefficiencies in cross-border transactions to fraud risks, while still limiting affordability for many due to high costs. A groundbreaking whitepaper, Regulated Blockchain: Infrastructure for regulated DeFi: Foundation for a golden age in finance, authored by fintech visionary Obi Emetarom, presents a transformative framework that addresses these issues and paves the way for a Regulated Internet of Value—a blockchain-powered financial ecosystem that seamlessly integrates innovation with compliance.

Traditional finance (TradFi) remains encumbered by high costs, cumbersome processes, and regulatory complexity. According to the World Bank, global remittance fees averaged 6.2% in 2023, significantly above the 3% target set by the United Nations Sustainable Development Goals (SDGs), making transactions expensive for millions worldwide. Meanwhile, crypto-based decentralized finance (DeFi) has struggled with trust, adoption, and oversight. In 2023 alone, crypto-related hacks and fraud accounted for over $1.8 billion in losses, according to Chainalysis, underscoring the need for a more secure and regulated approach.

The whitepaper argues that Regulated Blockchain Infrastructure is the missing link, providing a secure, efficient, and transparent foundation that combines the best of both worlds. Regulated Blockchain is a new way of using blockchain technology to democratize financial services innovation while enforcing clear rules set by financial regulators and enabling real-time oversight. It combines the security and speed of blockchain with the oversight needed to guarantee compliance, prevent fraud and ensure trust. Unlike cryptocurrencies that operate outside government control, Regulated Blockchain allows banks, fintech companies, and payment providers to use blockchain for faster, cheaper, and safer transactions— all with necessary compliance and regulatory oversight. This means people and businesses can spend, save and invest money more effectively, banks can deliver their offerings more efficiently, and regulators can prevent illegal activities, all while making financial services more accessible to everyone. By embedding regulatory protocols directly into blockchain technology, financial institutions, fintech companies, and regulators can unlock frictionless financial services, automated compliance, and unprecedented levels of transparency.

“This whitepaper is a call to action for policymakers, financial institutions, and innovators,” said Obi Emetarom, the paper’s author and the CEO and co-founder of Zone. “The world cannot afford to operate on outdated financial models. Regulated Blockchain Infrastructure offers a clear path toward a future where financial services are secure, inclusive, and universally impactful. This is not just about improving efficiency—it’s about reshaping global finance to work for everyone, everywhere.”

The whitepaper outlines how Regulated Blockchain Infrastructure can accelerate economic growth, maximize financial inclusion, and improve regulatory efficiency. For central banks and regulators, it provides a framework for seamless oversight and risk mitigation while supporting innovation. For fintech firms, it presents a structured pathway for adopting blockchain technology without regulatory friction. For investors and global financial institutions, it creates a transparent and secure environment that enhances capital allocation and investment opportunities.

At the same time, the rise of Central Bank Digital Currencies (CBDCs), now being piloted in over 130 countries according to the Atlantic Council, signals growing institutional adoption of blockchain-based financial solutions. The Regulated Blockchain builds on this momentum by integrating programmable compliance, self-custody of assets, and automated financial products to redefine how value is exchanged, stored, and managed globally. Obi’s ultimate vision is for multiple Regulated Blockchains to interconnect and jointly function as a Regulated Internet of Value that will power the fully digital and automated economy of the future

With the accelerating pace of technological change, the time to rethink the foundation of the global economy is now. As policy makers, regulators, financial institution leaders, and technology innovators work together to shape the future of financial services, this Regulated Blockchain whitepaper provides a roadmap to a more efficient, inclusive and impactful financial ecosystem.

Full whitepaper is available here.

About Obi Emetarom

Obi Emetarom is a visionary fintech entrepreneur and the Co-Founder & CEO of Zone, Africa’s fastest growing payment infrastructure company. With over two decades of experience in driving financial technology innovation, Obi has been at the forefront of building transformative solutions that bridge the gap between traditional finance and decentralized systems. From pioneering Africa’s first Banking SaaS platform to launching the continent’s first regulated blockchain network for payments, his work has reshaped the financial services industry.

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Canada Life Reinsurance announces new leader of Global P&C Business Unit

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DUBLIN, March 26, 2025 /PRNewswire/ — Today, Canada Life Reinsurance announced the upcoming retirement of Gabriel Kelly, a cornerstone of the company’s success for over three decades. After 33 remarkable years, Gabriel leaves a legacy of resilience, leadership, and growth.

Mr. Kelly has served as the CEO of LLCBC in Barbados for the past 19 years, and before that was a senior officer in the company’s Dublin office. His determination and vision were instrumental in guiding the P&C business through difficult times in the early 2000s, contributing to the company’s robust catastrophe retro business and growing structured P&C portfolio. Known for his experience, candour, and humour, he will be deeply missed by colleagues and clients alike.

“We are immensely grateful for Gabriel’s unwavering commitment, dedication, and loyalty,” said Jeff Poulin, CEO of Canada Life Reinsurance. “His leadership has been a driving force behind our success, and we look forward to celebrating his extraordinary career as he approaches retirement.”

“It is an honour to have worked with Gabriel over the past 25 years. I could not be more excited about the prospects for the P&C business and team he has built,” said Derek Popkes, Global COO Reinsurance at Canada Life Reinsurance.

Succeeding Mr. Kelly as leader of the Global P&C Business Unit will be Eamon Loughnane. Mr. Loughnane brings a proven track record of excellence, having transformed the company’s Life reinsurance business in Europe. Known for his ability to deliver results, Mr. Loughnane has built a strong framework for developing, assessing, and executing new and innovative structures, positioning him as the ideal successor to Mr. Kelly.

“I couldn’t be more pleased to have Eamon take on this new role,” said Poulin. “I have every confidence he will continue to build on our success and capitalize on the opportunities we have before us.”

Mr. Kelly will continue to oversee the P&C business until March 30, 2025, and spend the following three months supporting a seamless transition.

About Canada Life Reinsurance
Canada Life Reinsurance offers a range of innovative risk and capital management solutions covering mortality, longevity, health and lapse risks for insurers, reinsurers and pension funds across the U.S., Europe, Middle East and Asia. Canada Life Reinsurance is a division of The Canada Life Assurance Company and certain of its subsidiaries and affiliates. The Canada Life Assurance Company is a subsidiary of Great-West Lifeco Inc. To learn more, visit canadalifere.com.

About Great-West Lifeco Inc.
Great-West Lifeco is a financial services holding company focused on building stronger, more inclusive and financially secure futures. We operate in Canada, the United States and Europe under the brands Canada Life, Empower and Irish Life. Together we provide wealth, retirement, workplace benefits and insurance and risk solutions to our over 40 million customer relationships. As of December 31, 2024, Great-West Lifeco’s assets under administration exceeded $3.2 trillion. Great-West Lifeco trades on the Toronto Stock Exchange (TSX) under the ticker symbol GWO and is a member of the Power Corporation group of companies. To learn more, visit greatwestlifeco.com.

For more information, please contact: Jeff Poulin, CEO, Canada Life Reinsurance, jeff.poulin@canadalifere.com 

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GEP PLACED IN THE LEADERS QUADRANT IN GARTNER® 2025 MAGIC QUADRANT™ FOR SOURCE-TO-PAY SUITES

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  • Gartner recognizes GEP as a Leader based on its ‘Completeness of Vision’ and ‘Ability to Execute’

CLARK, N.J., March 26, 2025 /PRNewswire/ — GEP®, a leading provider of AI-powered procurement and supply chain software for Fortune 500 and Global 2000 enterprises worldwide, today announced that Gartner has positioned GEP SOFTWARE as a Leader in the 2025 Magic Quadrant for Source-to-Pay (S2P) Suites. This evaluation was based on specific criteria analyzing the company’s overall “Completeness of Vision” and “Ability to Execute.” Click HERE to download your complimentary copy of 2025 Gartner Magic Quadrant for S2P Suites and learn more about why GEP is named a Leader.

“We believe, Gartner recognizing us as a Leader in this year’s Magic Quadrant underscores the transformative impact of our AI solutions in simplifying our customers’ procurement and supply chain operations, since transactions are increasingly executed by non-procurement users,” said Santosh Nair, GEP’s chief product officer. With GEP Quantum we are pushing the boundaries of AI-driven automation and intelligence, empowering enterprises to drive efficiency, resilience, and strategic value at scale.”

GEP SOFTWARE encompasses GEP SMART, named the world’s best procurement software for the second year in a row, GEP NEXXE, the next-generation cloud-native supply chain unified platform, and GEP GREEN to measure and advance sustainability. GEP SOFTWARE is powered by GEP QUANTUM, the industry’s leading AI-first, low-code platform.

A Gartner Magic Quadrant is a culmination of research in a specific market, giving you a wide-angle view of the relative positions of the market’s competitors. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries, and Niche Players. The research enables businesses to align market analysis with their unique business and technology needs.

About GEP SOFTWARE

GEP SOFTWARE provides AI-powered digital procurement and supply chain platforms that help global enterprises become more agile, resilient, competitive and profitable. With beautifully rendered interfaces and flexible workflows, GEP provides users fresh, intuitive digital workspaces that yield extraordinary levels of user adoption and meaningful gains in team and personal productivity. GEP products capitalize on machine learning and cognitive computing, advanced data and semantic technologies, IoT, mobile and cloud technologies, and are designed to incorporate continual innovations in technology. GEP’s software integrates quickly and easily with third-party and legacy systems, such as SAP, Oracle and all other major ERP and F&A software. And with superb support and service, GEP is an industry leader in customer satisfaction and loyalty. GEP’s cloud-native software and digital business platforms consistently win awards and recognition from industry analysts, research firms and media outlets, including Forrester, IDC, Procurement Leaders and Spend Matters. GEP SOFTWARE is part of Clark, NJ-based GEP — the world’s leading provider of AI-powered procurement and supply chain software, strategy and managed services. To learn more, visit www.gepsoftware.com.

Gartner disclaimer

Gartner Magic Quadrant for Source-to-Pay Suites, 24 March 2025 
Authored by: Micky Keck, Kaitlynn Sommers, Balaji Abbabatulla, Cian Curtin, Lynne Phelan, Chaithanya Paradarami, Martin Shreffle

 

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.

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Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Media Contact

Derek Creevey
Director, Public Relations
GEP
Phone: +1 732-382-6565
Email: derek.creevey@gep.com

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STARCOMPLIANCE SUPPORTS COMPLIANCE TEAMS AMID RISING REGULATORY DEMANDS

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“Riding the Regulatory Wave” Offers Strategic Insights and Practical Tools to Help Compliance Teams Navigate Evolving Global Mandates

ROCKVILLE, Md., March 26, 2025 /PRNewswire/ — StarCompliance (“Star”), a global leader in employee compliance technology, has released an updated edition of its flagship guide, Riding the Regulatory Wave: A Guide to Navigating the Currents of Employee Compliance. This updated resource underscores Star’s ongoing commitment to supporting the global compliance community with forward-looking insights and helping organizations build resilient, tech-driven compliance programs.

Managing the unrelenting pace and increasing complexity of regulations is the top concern among compliance professionals – but many compliance teams are stretched thin and struggle to keep up. According to a recent Compliance Week and Resolver survey, nearly a third of respondents (32%) said managing regulatory change effectively was their biggest challenge.

As enterprise firms expand globally and enforcement intensifies, understanding regulatory mandates and how they evolve in every region of the world is essential to staying compliant. However, according to the 2024 Thomson Reuters report, while 77% of compliance leaders expect the regulatory burden to grow, only 34% feel well-prepared to manage the changes.

“The shifting regulatory landscape demands smarter tools, deeper insights, and ongoing education,” said Jennifer Sun, CEO at StarCompliance. “Employee compliance teams need more than awareness—they need a plan. This updated guide is both a roadmap and a toolkit to help firms stay ahead of global regulatory demands with confidence.”

The guide explores five pivotal areas:

  • Diverging global crypto regulations
  • Heightened enforcement of insider and shadow trading
  • Expansion of individual accountability regimes
  • Emerging risks tied to remote and hybrid work models
  • The growing need for technology-driven compliance solutions

Star remains deeply committed to listening to the needs of the global regulatory compliance community—developing best-in-class solutions that help firms adhere to regulatory obligations, uphold industry protocols, avoid costly fines, and protect brand reputation. By combining continuous feedback from clients, regulators, and industry leaders with world-class product innovation, Star delivers technology that empowers compliance teams to act with confidence in an increasingly high-stakes environment. This free resource is available for download at [LINK].

Visit www.starcompliance.com to discover the comprehensive security and unparalleled assurance you need to build a culture of compliance today. 

Media Contact 

Greg.tarmin@starcompliance.com 

+1 917-868-7791

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