Category: Agency banking

ABU DHABI, 17th November, 2022 (WAM) — Mubadala Investment Company and AirCarbon Exchange (ACX) have successfully completed a transaction whereby Mubadala acquired a strategic stake in ACX, supporting ACX’s establishment of the world’s first exchange fully regulated carbon and carbon clearinghouse in Abu Dhabi. Hub71-based ACX is a global environmental commodity exchange that uses distributed […]

DUBAI, 16th November, 2022 (WAM) — The Crown Prince of Dubai and Chairman of the Dubai Executive Council, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, today visited the new headquarters of the strategic Asia-Pacific Market, Middle- East and Africa. Unit of Wipro Limited, a leading global information technology, consulting and business process […]

ABU DHABI, 15th November, 2022 (WAM) — Wio Bank, the region’s premier platform bank, today announced a partnership with Abu Dhabi Global Market (ADGM), the international financial center in the capital of the United Arab Emirates , to strengthen collective efforts to support small and medium-sized enterprises (SMEs) in the United Arab Emirates to access […]

NNA | Updated: November 13, 2022 12:48 p.m. STI New Delhi [India]Nov 13 (ANI): India’s state-run Renewable Energy Development Agency (IREDA) jumped 67.14% to Rs 184.30 crore in the quarter ended September 2022, against 110.27 crore a year ago. The state-run agency said its gross revenue increased by 15.90 percent to Rs 791.56 crore from […]

Luxembourg and Zurich, Nov. 11, 2022 – (ACN Newswire) – The European Depository Bank (“EDB”), Luxembourg’s provider of banking solutions, paying agent, depositary and custody, and innovative securitization specialist GenTwo, announce their partnership to provide GenTwo with paying agent and banking services for third-party investors globally. Zurich-based GenTwo creates securitization platforms for asset managers, banks, […]

Indian Polling Firm Raids Binance Wallet/User ID On Friday, the Enforcement Directorate (ED) raided a wallet in the Binance crypto exchange and froze 150.22 bitcoins worth Rs 22.82 crore under the Money Laundering Act. silver. The polling firm’s raid was linked to the ‘E-nuggets’ gaming app case, with the search operation part of the app’s […]

Transfer software provider Smoove has revealed that 30 branches across 18 companies have so far signed up for its new flagship real estate agency product. Smoove Start was piloted in April, providing a platform for agents to sign up clients, perform due diligence and for buyers to complete property information. The […]

Postal services in Adaminaby and Dalgety are changing. Photo: Australia Post. The local Adaminaby post office closed on Monday 7 November, but a new Community Post Agency (APC) office opened in its place on the same day. Unlike nearby Dalgety, which has had no post office for almost a year, forcing residents to travel to […]

Wed 09/11/2022 1:42 PM DUBAI, 9th November, 2022 (WAM) — DP World has partnered with Emirates Development Bank (EDB), signing a Memorandum of Understanding to provide small and medium-sized enterprises (SMEs) with access to trade finance through the finance platform from DP World.It includes a formal framework for the EDB and DP World to provide […]

Tue 08/11/2022 10:35 p.m. DUBAI, 8th November, 2022 (WAM) — Nakheel today announced that it has entered into an AED 17 billion strategic financing agreement to drive its new phase of growth. This includes refinancing of AED11 billion and additional funds of AED6 billion. The funding will be used to accelerate the development of its […]

Parallex Bank, one of Nigeria’s most innovative young commercial banks, has won the Excellence in Agency Banking award at the Finnovex West Africa Awards and Summit 2022 for its outstanding service in reaching the unbanked and making banking services accessible to all. The Finnovex West Africa Awards, organized by Exibex, an event management company based […]

Bank Parallex SA., won the “Excellence in Agency Banking Award” at the 2022 Finnovex West Africa Awards and Summit. The bank won the award at the Finnovex West Africa Awards, organized by Exibex, a United Arab Emiratesevent management company based in Eko Hotels, LagosTuesday evening. The bank won the award for its outstanding service in […]

Since the start of 2022, the Nigerian banking (commercial and digital) and insurance sectors have seen an increase in media interactions, campaigns and outreach. These were further reinforced by the fantastic figures reported to the media in the third quarter of the year. The post analysis includes more than 1.2 million online posts from blogs, […]

Dangers of monopolies: Measures needed to regulate platform behemoths The outage of Kakao’s services has wreaked unprecedented havoc on Korean society and exposed the online platform giant’s problems. It disrupted payment, mobility and portal services as well as a messaging app that has some 43 million users. Tuesday, Kakao Corp. said it had normalized most […]

SEOUL, Oct. 18 (Yonhap) — Kakao Corp. said on Tuesday that most of its services were almost fully operational, after being interrupted due to a fire, with some messaging services remaining partially unavailable. Services from Kakao-affiliated units, including KakaoBank Corp., Kakao Map, Kakao T, Kakao Navi, Kakao Page, Kakao Webtoon, Melon and Kakao Games, were […]

By Rukayat Moisemhe Morgan Capital Securities Ltd. predicted that equity investments in banking, consumer and industrial goods and other sectors would drive the performance of the Nigerian stock market in 2023 with a return of over 25%. The Managing Director of the company, Mr. Dipo Olomofe, said this in an interview with the News Agency […]

ABU DHABI, 14th October, 2022 (WAM) — The Abu Dhabi Department of Economic Development (ADDED) has signed 9 agreements to bring nine leading institutions into the ‘Investor Journey’ programme, enabling business owners and investors to request corporate bank accounts, telecommunications services, business operational support and corporate insurance directly from the portal. Sameh Al Qubaisi, Managing […]

Top Ten US Bank Selects San Diego-Based Digital Marketing Agency to Lead Brand, Creative, Digital Media and Analytics Efforts SAN DIEGO, October 13, 2022 /PRNewswire/ — Mindgruve, one of the fastest growing digital marketing agencies in the United States, has been selected as a referral agency for First Horizon Bank. First Horizon Bank is one […]

Pakistan’s Federal Investigation Agency on Tuesday filed a case against Pakistani leaders of Tehreek-e-Insaf, including its chairman Imran Khan, in the banned funding case. The first information report (FIR) registered against the former prime minister has been lodged with the FIA ​​banking circle commissariat, Geo News reported. Apart from Imran Khan, Sardar Azhar Tariq, Tariq […]

October 11, 2022 – Sterling Seacrest Pritchard has been awarded Best Practices Agency status by the Independent Insurance Agents and Brokers of America “Best Practices” Study Group (IIABA or the big “I” ). More than 2,600 independent agencies across the country were nominated to participate in the annual study, but only 282 agencies qualified for […]

(Ecofin Agency) – Mobile payment services are growing rapidly in Nigeria. According to data from NIBSS, the value of mobile money transactions increased by 172.2% to NGN 4.9 trillion in the first four months of 2022 from NGN 1.8 trillion in the same year. period in 2021. Nigerian telecom operator Globacom, founded by billionaire Mike […]

ABU DHABI, 10th October, 2022 (WAM) — International Holding Company PJSC (ADX: IHC), the Abu Dhabi-based diversified conglomerate, today announced a capital investment of AED734 million in Lulo Colombia SA, which is also the holding company of Colombia’s first regulated digital bank, Lulo Bank SA (“Bank”), through one of IHC’s subsidiaries. Lulo Bank is a […]

AgencyHQ strengthens GC presence As part of the brand’s continued strengthening of key locations across the country, it has increased its presence in one of the country’s most popular regional locations. Shane and Tristan St Reynolds will lead the brand’s business in the Southport area. Both men share over 50 years of experience serving the […]

ABU DHABI, 7th October, 2022 (WAM) — GLEAC, a Hub71 startup offering a mentoring network to help people apply people skills through simulated work situations, has announced the launch of the world’s first NFT utility, “Lovely Humans”, allowing users one-on-one time with global industry experts for five hours. The successful bidder can use the time […]

Credit rating agencies often share a love-hate relationship with Indian market regulators. News often arises about the fight between market regulators and agencies. The friction was again reflected with Brickwork Ratings India finding itself in the eye of the storm with regulators. India’s capital markets regulator, the Securities and Exchange Board of India (SEBI), has […]

Kenyan Agency Bank as Service Provider Tanda Raises Ongoing Pre-Series A Funding Round to Accelerate Product Development and Customer Acquisition in Kenya and Beyond. Founded in 2018, Tanda allows store owners to access inventory on credit and also become points of access to essential services such as airtime, utility payments, banking and insurance services for […]

Cologne, Germany, October 4, 2022 /PRNewswire/ — infodas, a leading provider of cross-domain solutions (CDS), announces that its SDoT security gateway has officially received National IT Evaluation Scheme (NITES) certification from the prestigious Cyber ​​Security Agency of Singapore. This high-level certification once again guarantees that the SDoT Security Gateway can be deployed in highly sensitive […]

Fitch Ratings has warned that mortgage arrears will rise in a key prime mortgage market as inflation and rate hikes weigh on borrowers. On Thursday (September 29), Fitch Ratings announced that it expects mortgage arrears to rise across all UK RMBS sectors from the fourth quarter of 2022 as inflation drives down real wages while […]

Summary of work We are recruiting Agency Banking Officers for various locations in Nigeria – North-Central, North-West, South-West, South-South, South-East and North-East. The regional branch agent banking will be actively involved in the bank’s agent banking and financial inclusion strategy in the region. S/he will be responsible for implementing the tactical inclusion strategy to bring […]

Earlier this year, we reported that the number of brands spending more than 30% of their total marketing budget on influencer marketing rose to 25.4% this year, from 21.4% in 2021. According to The report Southeast Asia Influencer Marketing Industry by influencer marketing and commerce platform Partipost and Quest Ventures, the percentage of brands […]

Edtech startup Scaler (per InterviewBit), on Friday announced its partnership with brand and creative agency The Womb, to build an impactful and differentiated brand position and strengthen Scaler’s leadership in the tech education space. As part of this partnership, the agency will collaborate with Scaler and nurture brand propositions with innovative and robust communication stories. […]

BUFFALO, NY, September 29, 2022 /PRNewswire/ — M&T Bank Corporation (“M&T Bank”) announced today that it has signed a definitive agreement to sell M&T Insurance Agency, Inc. (“MTIA”) to Arthur J. Gallagher & Co (“Gallagher”). The transaction is subject to regulatory approval and is expected to close in the fourth quarter of this year. Terms […]

September 27, 2022 Goodwin Procter LLP To print this article, all you need to do is be registered or log in to Mondaq.com. CFTC Commissioner Christy Goldsmith Romero recently criticized the agency’s longstanding practice of settling law enforcement cases without seeking admissions of wrongdoing (so-called “no admission/no admission” settlements). refusal”). It suggests the […]

When it comes to gambling and casinos, today there are a multitude of options. Whether you’re looking for information or actual gaming options, there are continuous updates and improvements when it comes to player-directed advancements in all kinds of sites and games. Without a doubt one of the best options (and relatively new on the […]

Dentsu India’s Carat India media agency has won the media mandate for TimesPro, the high edtech initiative of the Times of India Group. The account was won following a multi-agency pitch and will be managed from the agency’s Mumbai office. As part of the mandate, the agency will manage omnichannel media services for TimesPro. “Carat […]

ABU DHABI, 21st September, 2022 (WAM) — The Abu Dhabi National Power Company (TAQA) has announced that Mirfa International Power & Water Company (MIPCO), the project company that owns and operates the power and hydro plant of Mirfa (Mirfa IWPP), successfully completed a refinancing of AED4 billion (US$1.09 billion). This long-term financing is denominated in […]

DUBAI, 20th September, 2022 (WAM) — Sultan bin Saeed Al Mansouri, Chairman of the Emirati Human Resource Development Council in Dubai, and Abdullah Ali bin Zayed Al Falasi, Director General of the Government of Dubai’s Human Resources Department, today inaugurated e highly anticipated 21st edition of Ru’ya, Careers UAE Redefined at the Dubai World Trade […]

Partnerships and agency networks continue to grow and add value to independent P&C agencies large and small, adding greater market access, offering services and technology, and sharing ideas that help them to develop their activities. For nine years, Insurance Journal has recognized the nation’s largest agency partnerships and networks in its annual Top 20 rankings. […]

Customers using online banking in India should now be cautious. Because now they are the target of a VIRUS. The government agency Indian Computer Emergency Team (CERT-In) gave this information. According to the agency, customers are being targeted using mobile banking malware campaigns. Customers using online banking in India should now be cautious. Because now […]

In 2018, Errandpay Chief Technology Officer; Paul Dureke and his co-founders went on an adventure in sub-Saharan Africa. Typical of tourists, they visited a country without enough US dollars and had to research various options to convert the spare cash they had into available local currency. Unfortunately for these founders, they quickly discovered that their […]

Source: Creators of Wirestock / Shutterstock.com To affirm (NASDAQ:AFRM) The stock is a hot topic among traders on Thursday after news that the US Consumer Financial Protection Bureau (CFPB) plans to target “buy now, pay later” businesses. The CFPB does not currently monitor companies like Affirm, but now plans to; the watchdog group sees them […]

The Camillus office of HUNT Real Estate ERA. The real estate agency has expanded into Rome with the addition of Flagstone Real Estate, Inc. (Photo credit: zoeyadvertising.com) ROME, NY – Flagstone Real Estate, Inc. is now part of HUNT Real Estate ERA as HUNT continues to expand its presence across the state. Flagstone’s […]

JMB Insurance Agency (JMBI) – one of Chicago’s largest private insurance brokerages – has announced the appointment of Kimberly Goldstein as its first president. As Chairman, Goldstein will join JMBI’s leadership team, working alongside the company’s co-CEOs to focus the brokerage firm’s strategic footprint on three core practices, namely: commercial damages, employee benefit […]

TXF Asia 2022 will return to the beautiful Sofitel Sentosa Resort and Spa in Singapore! Sentosa, 2 Bukit Manis Rd, Singapore 099891 Lodging Discounted rooms at Sofitel Sentosa now have EXHAUSTED. There are still rooms available at the Sofitel for the main event dates, September 11-17, but the rate cannot be guaranteed. If you would […]

By Jessica Durston – September 13, 2022 Company The Venues and Events International farm for its offices The success of new clients means Venues and Events International, based in Swindon, has extended its office space to make room for a growing team. Anita Lowe Venues and Events International claims to have recently successfully won new […]

By creating Rapido, Frisco, 34, is also following an atypical model. He runs the company as CEO from a single-person office in River North. All of its employees, led by general manager Roberto Icaza, 32, are based in Mexico. Frisco doesn’t even speak Spanish; Icaza, originally from Nicaragua and fluent in Spanish, takes care of […]

New The Nebraska State Treasurer’s Office Unclaimed Property Division – What is this group that receives and returns to Nebraskans their money, money they usually don’t even realize they’ve lost? Friday, September 9, 2022, 12:59 p.m. CDT By Cindy Lange-Kubick, Flatwater Free Press One in five Nebraska residents have money with the unclaimed property division […]

One morning in August, I noticed an envelope with first class postage—postal for potentially large—from a bank where I don’t bank, sandwiched between bills and junk mail. Inside, I discovered some potentially exciting news: I had overpaid a credit card balance, closed the account, and Citibank owed me. All I had to do was fill […]

DUBAI, 7th September, 2022 (WAM) — The Dubai International Financial Center (DIFC), the premier global financial center in the Middle East, Africa and South Asia (MEASA) region, recorded robust growth in the first half of 2022. The Centre’s strong performance reinforces DIFC’s 2030 strategy to drive the future of finance, differentiate Dubai as a global […]

NowNow Digital Systems has secured $13 million in a funding round, enabling the four-year-old company to develop and expand its service offerings across Africa. The round has received participation from a number of companies, including lead investors NeoVision Ventures, an investment studio with offices in Dubai, DLF Family Office, with offices in India, and Shadi […]

Dual Agency FAQs Still confused about dual agency? Here are some frequently asked questions to help clarify your questions and concerns. Is dual agency illegal in some states? Because of the conflict of interest it creates, yes, dual agency is illegal in the following states: Alaska Colorado Florida Kansas Maryland […]

A fired Wells Fargo & Co. senior executive could receive more than $22 million of the bank as part of a whistleblower award ordered Thursday by the US Occupational Safety and Health Administration. The agency determined Wells Fargo violated the whistleblower protection provisions of the Sarbanes-Oxley Act by improperly terminating in 2019 a Chicago senior […]

NEW DELHI – India’s federal financial crime agency said on Saturday it was searching the premises of online payment companies as part of an investigation into Chinese-controlled companies and individuals suspected of lending practices. illicit. The payment companies included Razorpay, Cashfree Payments and Paytm Payment Services, Enforcement Management said in a statement. “The premises of […]

Buhari The human rights group, Human Rights Writers Association of Nigeria (HURIWA), has opposed the appointment of Ahmed Halilu, elder brother of the First Lady, Aisha Buhari, as the managing director of Nigerian Security Printing and Minting Company, NSPMC Plc. Buhari reportedly approved the appointment of Halilu, an older brother of his wife, Aisha, to […]

Verdict on the Lone Star caseGovernment wants to appeal compensation order An international court ordered South Korea to pay $216.5 million to Texas-based private equity firm Lone Star Funds, all but ending the decade-long legal battle. The International Center for Settlement of Investment Disputes (ICSID) on Tuesday announced its decision in an investment-state dispute, according […]

On August 18, Connecticut’s banking commissioner revoked a collection agency’s license after finding that it had failed to provide requested information during a review. Following a review in May, the Commissioner issued a “Notice of Automatic Suspension, Notice of Intention to Revoke Consumer Collection Agency License, Notice of Intention to Issue Cease and to abstain, […]

Isaac Hale, Daily Herald file photo The Utah Department of Workforce Services administrative offices are on Thursday, March 26, 2020 in Salt Lake City. The Utah Department of Workforce Services is hosting a statewide virtual job fair from 10 a.m. to 1 p.m. Thursday to celebrate Workforce Development Month work. About 100 […]

Needless to say, Iran’s membership in the Shanghai Cooperation Organization creates a good opportunity to share production, trade and economic activities among the member countries of this organization, as well as the Eurasian Economic Pact, the Organization of Islamic Cooperation and other countries with the objective neutralize sanctions and economic prosperity; in this line, an […]

Daily Tax Report: International August 29, 2022, 05:00 On August 19, the Danish Customs and Tax Administration published decision No. SKM2022.396.SR online, explaining the tax treatment of transfers to a non-profit foundation. A taxpayer and his children were sole shareholders of holding companies that held equity interests in a group of companies. The taxpayer requested […]

The Directorate of Law Enforcement (ED) searched the offices of leading crypto exchange CoinSwitch Kuber at five different locations on Thursday as the agency continues to investigate allegations of breaches of the Data Management Act. changes (FEMA) by crypto platforms, the Economic Times reported. Without confirming the report, a company spokesperson told Be[In]Crypto, “We receive […]

Kevin Hollinrake, the co-chair of the All-Party Fair Banking Parliamentary Group (APPG), accused the NCA of being “severely lacking in proactivity” on the issue of bank forgery. In a statement, the APPG said; “This is yet another symptom of the general malaise in the UK’s approach to tackling economic crime.” However, an NCA spokesperson said […]

SEOUL, Aug. 26 (Yonhap) — Samsung Electronics Co. launched its latest foldable smartphones in about 40 countries on Friday, hoping the new products could revive lackluster global smartphone sales amid high inflation. The world’s largest smartphone maker said the Galaxy Z Fold 4 and Flip 4, as well as the Galaxy Watch 5 and Galaxy […]

Wed 24-08-2022 21:31 PM ABU DHABI, 24th August, 2022 (WAM) — The assets of domestic companies listed on local financial markets increased by 10% in the first half of 2022, equivalent to AED425.7 billion, an indicator of their strong financial performance and their ability to expand their operating activities, develop new products and make acquisitions. […]

PITTSBURGH, Aug. 23, 2022 (GLOBE NEWSWIRE) — Vendilli Digital Group has acquired Horseshoe & Co., a six-year-old Ontario-based inbound marketing agency with HubSpot Diamond Partner status. The acquisition is an important strategic step in Vendilli Digital Group’s ambitious growth program, making the company one of the strongest HubSpot partners in the Greater Pittsburgh area. The […]

CAMBRIDGE, England–(BUSINESS WIRE)–For business and medical media only Mundipharma announced today that the European Medicines Agency (EMA) has accepted the Marketing Authorization Application (MA) for rezafungin for the treatment of invasive candidiasis in adult patients. The marketing authorization is based on the results of the pivotal phase III ReSTORE clinical trial, which demonstrated statistical non-inferiority […]

Announcement by Apple of a major vulnerability in the iPhone, and an urgent update to fix it. iPhone, iPad and Mac users have been urged to install the patch as soon as possible, to ensure they are not targeted by a hack that appears to have already been used on some people. The US-based company […]

The process of creating a new centralized due diligence agency will begin next month, Economy Minister Silvio Schembri said. The new agency will eventually carry out checks on foreign direct investment and licensed professionals offering business services. The government will also start working on reforms that will introduce the right for businesses to open a […]

BEIJING, August 17, 2022 /PRNewswire/ — Waterdrop Inc. (“Waterdrop”, the “Company” or “we”) (NYSE: WDH), a leading technology platform dedicated to social impact healthcare and insurance services positive, recently opened its first branch in Wuhan. It will provide local residents with a range of specialist insurance services, such as personalization of insurance, security risk assessment, […]

RIYADH: Unhealthy eating and fitness habits are on the rise among young Saudis, and maintaining a healthy weight has become a concern. 24-year-old Salam Farid Azam’s weight loss milestones have been a motivation for many people wishing to achieve their goal weight. Azam’s priority is to maintain a healthy lifestyle. He lost 25 kg thanks […]

United States: JP Morgan, a global investment bank and financial services company, is building a full-service travel business, which could make it the world’s third-largest travel agent. JP Morgan bought a travel agency offering luxury travel, a reservation system and a restaurant review company. It has also built airport lounges for its customers to use […]

ABU DHABI, 9th August, 2022 (WAM) — Godel Technologies, a British agile software development company founded in 2002, has become the latest digitally-oriented company to join the UAE’s landmark NextGenFDI initiative, the Ministry of ‘Economy (MoE) announced. The move supports concerted national efforts to achieve the goals of NextGenFDI, which was launched by the ministry […]

In complete transparency, the press release was sent to SOURCE media via its commercial dispatch service. *** NATICK – Eastern Insurance Group LLC, a wholly owned subsidiary of Eastern Bank, announced today, August 8, that it has acquired the operating assets of John T. Burns Insurance Agency, Inc, an insurance agency in full service located […]

AKIPRESS.COM – The European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC), a member of the World Bank Group, and TBC Bank Group PLC have invested additional capital in TBC Bank Uzbekistan (TBC UZ) for a total of US$35.1 million, the EBRD statement said Aug. 8. TBC Bank Uzbekistan is a subsidiary […]

MarshBerry, the Woodmere-based investment bank and advisory firm specializing in the insurance distribution and wealth management sectors, announced that it has completed the acquisition of First Choice Agents Alliance, an insurance agency in Mooresville, North Carolina. Financial terms of the deal, which the company says will support the MarshBerry platform launched in 2019, were not […]

Mumbai, Aug 5: The Enforcement Directorate (ED) on Friday raided the premises of one of the directors of Zanmai Lab Pvt Ltd, which owns popular cryptocurrency exchange WazirX, and issued an order to freeze their bank balances to the tune of Rs 64.67 crore. Read also| CBIC clarifies GST imposed on SGPC ‘sarais’ in Amritsar […]

By Leopold Munhende | Main correspondent The Chinese Embassy in Zimbabwe said it was not a law enforcement agency and therefore could not do anything against its nationals accused of abusing locals, causing land degradation, escape tax or violate other Zimbabwean laws. Speaking to reporters on Thursday, Chinese Ambassador to Zimbabwe Guo Shaochun defended Chinese […]

The company will provide corporate, financial and digital communications advice as Thoughtworks builds on its leading reputation after its IPO Addition strengthens Cognito’s existing portfolio of professional services clients looking to enhance the company’s reputation and increase brand awareness NEW YORK–(BUSINESS WIRE)–Cognito, a leading communications company for financial, technology and professional services organizations, today announced […]