Riskified latest company to transfer money out of Israel

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

JERUSALEM :Israeli financial technology firm Riskified is transferring $500 million out of the country, joining private sector opposition to the government's planned overhaul of the judicial system.CEO Eido Gal shared the decision with employees in a letter and voiced concerns that the proposed changes to the

JERUSALEM :Israeli financial technology firm Riskified is transferring $500 million out of the country, joining private sector opposition to the government's planned overhaul of the judicial system.

Riskified provides a fraud management platform for online merchants. It has offices in Israel and New York. "The laws being passed can lead to the dismantling of our independent judicial system," Gal wrote."More importantly, this will result in Israel changing from a democracy with liberal values into a more authoritarian state."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Riskified latest company to transfer money out of Israel -mediaJERUSALEM : Israeli financial technology firm Riskified is transferring $500 million out of the country, joining private sector opposition to the government's planned overhaul of the judicial system, Israeli media reported on Wednesday.Financial news website Calcalist quoted a letter to employees at Riski
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

World War II forced labour victims lash out at South Korea's 'dirty money' planSEOUL: South Koreans who were forced to work for Japanese companies during World War II on Tuesday (Mar 7) denounced Seoul's new plan to compensate them and end a historic dispute with Tokyo as 'Japan has long insisted that the agreement settled all claims relating to the colonial period' and also claimed 2018 ruling by Supreme Court of Korea violated the int'l laws. The ruling has been criticized even in S.Korea such as 2021 ruling by Seoul Central District Court.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »