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EU-UK BORDER COSTS SURGE, CLEARBORDER REPORT WARNS

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LONDON, April 2, 2025 /PRNewswire/ British businesses are facing soaring border costs and mounting delays, with some abandoning UK-EU supply chains altogether, according to a new report published today by the international trade consultants, clearBorder. 

The State of the Border report, based on the experiences of 900 businesses across the UK, France, and Germany, warns that the post-Brexit border has become significantly worse over the last twelve months, with 64% of firms reporting increases in fees and delays. 

As the UK and EU negotiate a supposed ‘reset’ in relations, the report’s authors found consistently poor experience for businesses from the UK, France and Germany, with many bearing higher costs and enduring delays.

The report found that: 

  • Almost 3 in 5 businesses have experienced significant delays
  • Border costs have risen adding to costs for UK, French and German businesses
  • German businesses remain most optimistic about trade recovery, despite reporting some of the worst border experience
  • French businesses are the most pessimistic, and are particularly concerned about increased domestic instability
  • All three countries anticipate improvements in EU/UK trade. UK businesses were more optimistic about trade with the US than French and German counterparts

The report builds on more than three years of research conducted in the UK. Today’s report includes businesses in Germany and France, to offer valuable insights into how businesses are navigating the complexities of cross border trade.

As countries ready themselves for US tariffs, the research highlights how businesses respond as trade becomes more complex. Many are adapting, with investment in software, staff and automation. 

“The numbers speak for themselves,” says Christopher Salmon, CEO and Founder of clearBorder. “Over four years of research we have seen no improvement in the performance of the border. What has improved about businesses’ experience is down to them investing, adapting and growing in confidence.

“This year we can see that French and German businesses’ experience is similar – sometimes worse. As the UK government and EU negotiate, they should recognise that a better border benefits both sides.

“That means investment: investment in automation, trade facilitation and cooperation over data. That would bring huge gains – without the need to challenge any negotiating red lines.”

Nevertheless, organisations across the three countries surveyed remain optimistic that they can adapt to border difficulties, and most have reported that they have made at least one change to their operations in the past year.

Note to journalists

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The State of the Border report is published by clearBorder.

Data comes from more than 900 respondents surveyed in January – February 2025, from organisations across 22 sectors in the UK, Germany and France.

In-depth interviews were also conducted with 11 decision-makers at 10 businesses with direct experience of using the UK border. Interviews were conducted online and lasted 30-45 minutes.

You can access the full report here

About clearBorder

clearBorder provides advice, consultancy and insights for long-term strategic and robust planning to assist seamless trade across international borders. This is underpinned by practical and real-world expertise and experience from our independent team of international trade specialists.

From problem identification to solution implementation, specific and immediate challenges to longer-term futureproofing, we help clients maximise efficiency and to continue competing and growing in international markets.

clearBorder is the trusted partner needed to help navigate an increasingly complex world. With highly tuned supply chains, heightened security risks, political uncertainty, and global turbulence having an ever-greater impact on imports and export controls, being reactive is not enough. We not only deliver the ‘so what?’ but proactively help answer the ‘what next?’ and ‘what if?’

www.clearborder.co.uk

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Inveniam Acquires Hedgehog to Build Intelligent Data Infrastructure for Private Markets and Power Scalable Agentic AI

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NEW YORK, April 14, 2025 /PRNewswire/ — Inveniam Capital Partners, a leading data management platform for private market assets, today announced the acquisition of Hedgehog Invest Limited, an end-to-end digital platform for real-world asset investment. This strategic move advances Inveniam’s mission to provide the data infrastructure Agentic AI requires to access, scale, and analyze the world’s largest and least-digitized capital markets.

Inveniam and Hedgehog will accelerate AI adoption by transforming fragmented data into verifiable, auditable digital assets—powering automation, real-time pricing, and trusted analytics across tokenized securities, funds, derivatives, and ETFs.

“This acquisition is not about incremental efficiency—it’s about foundational transformation,” said Patrick O’Meara, Chairman and CEO of Inveniam. “With the Hedgehog team—comprised of multidisciplinary professionals with deep expertise in private markets, technology development, and blockchain solutions—we are able to scale our business more quickly. In addition, by integrating their existing infrastructure tools for tokenizing and distributing real-world assets, we are building the rails for digital, crypto, and cloud-based trading of alternative asset classes globally.”

With Hedgehog’s tokenization infrastructure now integrated, Inveniam delivers an AI-ready solution for structuring, trading, and distributing private assets across real estate, private credit, private equity, and infrastructure—bringing automation to traditionally illiquid markets.

“By joining forces with Inveniam, we’re transforming how private market assets are managed and traded,” said Michael Ward, Co-Founder of Hedgehog. “Our combined technologies will redefine the use of private datasets, paving the way for the systematic trading of private market assets,” said Rob Lamb, Co-Founder of Hedgehog.

This partnership addresses four major trends:

  • Growth of institutional private markets
  • Intelligent edge-based data systems
  • Rise of tokenized real-world assets
  • AI-powered data orchestration

About Inveniam
Inveniam is a data operating system for private market assets, bringing access, transparency, and trust to asset performance data. The company is building the foundation for scalable AI integration, data marketplaces in private finance, and the systematic trading of private market assets.

About Hedgehog
Hedgehog provides infrastructure for tokenized private asset investments, supporting both primary issuance and secondary trading, democratizing access to private markets through intuitive digital solutions.

www.inveniam.io

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Puneet Malhotra Joins Personetics as Chief Revenue Officer

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Malhotra’s experience as a growth leader will fuel Personetics’ global expansion in the new Cognitive Banking era

NEW YORK, April 14, 2025 /PRNewswire/ — Personetics, the Cognitive Banking company that is transforming the way banks build and monetize customer relationships, announced today that Puneet Malhotra has joined the organization as Chief Revenue Officer. He is responsible for Personetics’ global sales operations, overseeing leading global banking brands across 30 countries and serving 150 million active monthly end-users. Previously, Malhotra ran Digital Banking Sales at NCR Voyix and Global Sales at VSoft Corporation.  

Malhotra is a forward-thinking technology executive with extensive experience in the banking and fintech sectors and a proven track record of driving business expansion through skilled sales leadership and client engagement. Renowned for his ability to align business strategy with client objectives, Malhotra has spearheaded initiatives that have guided financial institutions through their digital transformation journeys, enabling them to compete more effectively in a rapidly changing environment. 

Malhotra joins Personetics at a time when the financial services industry is grappling once again with a seismic shift driven by evolving technology and consumer expectations. With global technology leaders like Amazon and Apple setting new standards for highly responsive, customer-centric relationships, banks are facing increasing pressure to adapt or risk losing customers to competitors that integrate financial wellness with proactive, needs-based engagement. In a recent survey, 84% of consumers indicated they would consider switching banks to access these types of services. 

“We are thrilled to welcome Puneet to our leadership team. His expertise in sales management and global strategy is essential as the market transitions to the Cognitive Banking era,” said Udi Ziv, CEO of Personetics. “Puneet’s experience and leadership will strengthen our capacity to help financial institutions drive greater customer loyalty and increase product sales by utilizing technology that integrates financial wellness with needs-based selling.” 

“I am excited to join Personetics at this pivotal moment for the industry,” said Puneet Malhotra. “I look forward to accelerating the company’s growth by building upon its leadership in Cognitive Banking and assisting financial institutions in achieving tangible results from deploying a platform that delivers an exceptional customer experience.”

For more information on Personetics and Cognitive Banking go here.

About Personetics 

Personetics, the Cognitive Banking company, is the global leader in transforming how banks build and monetize customer relationships by enabling them to dynamically respond to consumers’ evolving financial needs with contextual and highly relevant insights, making them smarter about their money and eager to act. The AI-powered SaaS platform allows financial institutions to boost customer engagement and satisfaction, resulting in increased digital adoption and sales conversions. Personetics supports 150 million customers across 35 global markets and serves leading financial institutions. The company has offices in New York, London, Singapore, São Paulo, and Tel Aviv. For more information, visit https://personetics.com

Media contact: Ellery Smith
personetics@fullyvested.com 

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BingX Kicks off Its 7th Anniversary With “Your Voice, Our Story” Campaign

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PANAMA CITY, April 14, 2025 /PRNewswire/ — In celebration of its 7th anniversary, the global leading cryptocurrency exchange BingX unveiled a user story campaign titled “Your Voice, Our Story“, inviting users from around the world to share their unique journeys and unforgettable moments with BingX. This campaign is rooted in BingX’s long-standing user-first vision, running from April 14, 2025, 10:00 (UTC) to April 30, 2025, 10:00 (UTC). To thank the community, BingX is offering a 10,000 USDT Early Bird Prize Pool for the first 1,000 participants. Exceptional storytellers will have the opportunity to win limited-edition Anniversary Gift Boxes, an iPhone 16 Pro Max, an iPad Pro, and an Apple Watch.

Since its establishment in 2018, BingX has grown into one of the top crypto trading platforms globally, thanks to the trust and support of its vibrant community. As part of this year’s milestone, BingX is turning the spotlight on the people behind the platform — its users. The campaign invites its users and community members to submit personal stories, whether it’s about their first crypto trade, a life-changing moment, or how BingX has played a role in their crypto journey.

Selected stories will be featured across BingX’s global social media channels, blog, and video campaign, with exclusive rewards for participants. Outstanding storytellers will not only see their entries turned into a special anniversary video—highlighting the global spirit and diverse backgrounds of BingX users—but will also have an opportunity to participate in a live AMA (Ask Me Anything) session with Vivien Lin, Chief Product Officer of BingX. This interactive session offers storytellers a unique chance to engage directly, share their experiences, and exchange ideas that could shape the future of the platform.

Vivien shared her heartfelt thoughts: “Every trade tells a story, but behind every trade is a person — full of hope, ambition, and resilience. As we mark our 7th anniversary, it is not just a time to look back at our achievements, but to spotlight the very people who made it possible. This campaign is a chance to celebrate our users — not just as traders, but as visionaries, builders, and dreamers. Through these stories, we gain insights into how BingX has impacted lives globally, and in turn, how our users have shaped us. I am especially excited to meet you during the AMA and hear how we can continue building a platform that evolves with you.”

This campaign is just the first of many surprises planned for BingX’s 7th anniversary. It kicks off a series of initiatives designed to bring users closer to the heart of BingX’s journey. By putting the spotlight on real voices, BingX is reaffirming its commitment to transparency, inclusion, and user empowerment. As the celebrations unfold, the community can look forward to more meaningful engagements, rewards, and innovations that reflect the platform’s dedication to its users — not just for the past seven years, but for many more to come.

About BingX

Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.

For more information please visit: https://bingx.com/

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