Streamlining

Bank Hapoalim (level: Polly) The Board of Directors, based on the management’s recommendation, announced a simplified plan based on voluntary retirement between 2025 and 2028. The plan is based on the objectives of the…

Israeli clean tech company Gensel Energy (TASE: GNCL), whose largest shareholder is businessman Benny Lando, is implementing a simplification plan, “in order to improve its capital flow position and financial strength.”…

Israel's largest retailing chain Shufersal Ltd. (TASE:SAE) has hired management consultancy company McKinsey to help it form a streamlining plan to cut operational spending and increase profitability. At this stage no…

© Reuters. FILE PHOTO: Walmart's logo is seen outside one of the stores ahead of the Thanksgiving holiday in Chicago, Illinois, U.S. November 27, 2019. REUTERS/Kamil Krzaczynski/File Photo By GursimranKaur Mehar (Reuters) -Walmart on…

Israeli telecommunications software company Allot (Nasdaq: ALLT; TASE: ALLT) has announced a streamlining plan designed to cut annual costs by $15 million, which is it believed will include layoffs. The company had 749…

Know Your Customer (KYC) and anti-money laundering (AML) policies are key components of financial crime prevention. Traditional AML and KYC processes, on the other hand, can be time-consuming and prone to human error. Regtech (regulatory…