SuperCom Signs Partnership with Mobile Network Operator to Boost Mobile Money Solution in Latin America
- 9 years 2 weeks ago
- Payments, Mobile Banking
SuperCom SPCB, +6.22% a global provider of secure solutions for e-Government, Public Safety, HealthCare, and Finance sectors, announced today that it has signed a memorandum of understanding with a Mobile Network Operator in Latin America to implement and deliver a mobile money solution using SuperCom's
GlobeOne Announced Strategic Partnership with VNPT-Vinaphone
- 9 years 2 weeks ago
- Financial
GlobeOne, committed to bringing socially-conscious innovation to the financial sector, today announced that VNPT-Vinaphone has signed a Letter of Intent with GlobeOne. VNPT-Vinaphone is the first Mobile Network Operator in Vietnam that has decided to align itself with GlobeOne as it builds up its rapidly expanding network of Corporate Members and Member Banks around the world.
Yello Mobile Signs MoU with SBI Holdings
- 9 years 2 weeks ago
Yello Mobile, Korea’s fastest growing mobile Internet company, announced that it has signed a Memorandum of Understanding (MoU) with SBI Holdings, Japan’s largest Internet financial group, and Yello Financial Group, Korea’s leading accelerator for financial technology companies.
CalWest Bancorp Announced Completion of Private Offering
- 9 years 2 weeks ago
- Banking
CalWest Bancorp, the parent holding company for South County Bank N.A., today announced the successful completion of its $14.0 million private offering with accredited investors consisting of 43.5 million shares of common stock at a price per share of $0.20 and 53,000 mandatorily convertible preferred shares at a price of $100 per share and convertible into 26.5 million shares of common stock.
Axiory Launches Prepaid MasterCard
- 9 years 2 weeks ago
- Transaction Banking, Banking
Axiory Global Ltd. announced release of their prepaid MasterCard on December 28, 2015. The "AXIORY Prepaid MasterCard" is provided to customers to use as one of the withdrawal methods for our Foreign Exchange service. The prepaid cardholder can use the prepaid card to shop at stores that accept MasterCard in over 35.9 million locations worldwide, as well as ATM machines that bear the MasterCard Acceptance Mark.
Keylane Acquires GENEVA-ID
- 9 years 2 weeks ago
- M&A Deals
The acquisition strengthens Keylane's insurance presence in the DACH region, enriches its product portfolio with new functionality and provides for local delivery capabilities.
Intellect Design Arena to Expand in Turkey
- 9 years 2 weeks ago
- Investment
Intellect Design Arena Ltd, a specialist in applying true digital technologies across Banking and Insurance, today announced their entry into Turkey, reinforced with their first relationship with Tacirler Investment, the leading independent investment company licensed and regulated by the Capital Market Board of Turkey. Tacirler chose to partner with Intellect to digitize its brokerage, wealth, and treasury operations. This implementation will...
Wipro Announced Acquisition of Viteos Group
- 9 years 2 weeks ago
- M&A Deals
Wipro, a leading global information technology, consulting and business process services company today announced that it has signed a definitive agreement to acquire Viteos Group, a BPaaS provider for the Alternative Investment Management Industry for a purchase consideration of USD 130 million.
GDS and AliCloud Announced Strategic Partnership to Boost Cloud Services in China
- 9 years 2 weeks ago
- Cloud, Infrastructure
GDS, China's largest 3rd-party high-level data center service provider and AliCloud, Alibaba Group's cloud computing business unit today announced the formation of a strategic partnership to promote the development of enterprise-level hybrid cloud services in China. The partnership will combine GDS's extensive high performance data center infrastructure and CloudMiX™ service platform and AliCloud's leading cloud computing technology to provide...
Objectway Platform Remains its Domination in Wealth Management Technology Trends
- 9 years 2 weeks ago
- Wealth Management
Objectway, a leading provider of software and services to the EMEA investment management industry, showed how its software platform is leading the industry in innovation by highlighting new wealth management industry research during its International Customer Conference in London, on December 2nd.
SIA and INFORM Team up to Fight Frauds on Digital Payments
- 9 years 3 weeks ago
- Payments, Security, Fraud Detection
INFORM’s innovative RiskShield solution has been integrated inside SIA’ s infrastructure to securely safeguard acquiring banks and financial clients across Europe by leveraging on real - time fraud preventio
Fairfax Announced Acquisition of Eurolife's 80% Interest
- 9 years 3 weeks ago
- M&A Deals
Fairfax Financial Holdings Limited announced that it has entered into an agreement with Eurobank to acquire an 80% interest in Eurolife ERB Insurance Group Holdings S.A. ("Eurolife") for a purchase price of EUR316 million. The transaction is subject to customary closing conditions, including various regulatory approvals, and is expected to close by the end of the third quarter of 2016.
Ingram Micro Announces Acquisition of Grupo ACAO
- 9 years 3 weeks ago
- Cloud, M&A Deals
Ingram Micro Inc. (NYSE: IM) today announced that it has entered into a definitive agreement under which, subject to closing conditions, Ingram Micro will acquire Sao Paulo, Brazil-based Grupo AÇÃO (AÇÃO), one of Latin America's leading providers of critical value-add IT solutions. In addition to a portfolio of higher value products, including those from strategic vendors such as IBM, Oracle, Red
IFC and LAPO Microfinance Bank to Expand in Nigeria
- 9 years 3 weeks ago
- Banking, Financial, Infrastructure
IFC, a member of the World Bank Group, signed an agreement to work with LAPO Microfinance Bank Ltd to pilot and roll out agent banking that will increase access to financial services for low-income customers, small-scale entrepreneurs and rural communities. IFC is also providing a 2 billion Naira (approx. $10 million) loan to support LAPO MfB's lending to micro-entrepreneurs. This is the largest investment IFC has made in a microfinance...
Ooredoo Announced Partnership with GoSwiff to Enhance its International mPOS
- 9 years 3 weeks ago
- Payments, Infrastructure
Ooredoo Group today announced that it has selected GoSwiff, a global mobile payments and marketing solutions provider, as its partner for the implementation of its international mPOS (mobile point of sale) platform. The partnership will cover nine markets including Algeria, Indonesia, Iraq, Kuwait, Myanmar, Maldives, Oman, Qatar and Tunisia. It will include recruiting merchants to the platform, from large corporates to micro-merchants.
