Category: Agency banking

Agency banking has revolutionized the Nigerian economy—Nibss

By Modupe Gbadeyanka Christmas has come early for people in the Ajose Adeogun area of ​​Lagos State, with Zenith Bank Plc lighting the streets with decorations. On Saturday, November 19, 2022, the financial institution held its 16th illumination ceremony at the Ajose Adeogun roundabout, attended by several personalities, including the Managing Director/CEO of Zenith Bank […]

USAID Concludes Participation at COP27 | Press release

At COP27, the annual United Nations climate conference held from November 7-18, the United States Agency for International Development (USAID) announced multiple initiatives to advance progress in the fight against climate change. the climate crisis. These announcements complement the Agency’s ongoing efforts to help partner countries around the world transition to renewable energy, conserve globally […]

SEC Climate Rule Tester: Agency Shouldn’t Create ‘Binding Reporting Requirements for Production Farming’

Senator secured commitment from SEC chairman in September to protect farmers and ranchers Today, U.S. Senator Jon Tester once again urged the head of the Securities Exchange Commission (SEC) to avoid taking action that would lead to onerous reporting requirements for family farmers and ranchers who are part of a supply chain for a publicly […]

Emirates News Agency – Mubadala acquires stake in world’s first fully regulated carbon exchange

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 […]

Emirates News Agency – Hamdan bin Mohammed and Maktoum bin Mohammed visit Wipro’s new Asia Pacific, Middle East and Africa headquarters in Dubai

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 […]

Emirates News Agency – Wio Bank and Abu Dhabi Global Market partner to improve the banking journey for SMEs

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 […]

Indian Renewable Energy Development Agency’s profit jumps 67% in September quarter

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 […]

GenTwo Partners with Apex Group’s EDB for Global Banking and Payments Agency Solutions, Business News

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, […]

Probe Agency freezes Binance’s 150.22 bitcoins equivalent to Rs 22.82 Crore

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 […]

Adaminaby Post Office is being replaced by a community agency, but Dalgety residents are still waiting

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 […]

Emirates News Agency – DP World partners with Emirates Development Bank to fund SME growth

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 […]

Emirates News Agency – Nakheel secures AED 17 billion strategic funding to launch new phase of growth

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 […]

Emirates News Agency – ADDED partners with 9 leading institutions to expand ‘Investor Journey’ services

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 […]

Pakistan’s investigative agency registers case against Imran Khan and other PTI leaders for ‘banned funding’

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 […]

Oct 11 – Sterling Seacrest Pritchard Named 2022 Best Practices Agency by the Big ‘I’ and Reagan Consulting | Bank and finance

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 […]

Emirates News Agency – IHC enters Latin America with AED 734 million investment in Lulo Colombia SA

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 […]

Emirates News Agency – Hub71 GLEAC startup launches world’s first NFT utility ‘Lovely Humans’

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 […]

They’re not the only agency to have taken investors for a spin

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 banking startup Tanda raises pre-Series A round for product development and expansion

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 […]

infodas receives NITES certification from Singapore Cyber ​​Security Agency

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 […]

Regional Affairs Officer at Sabi

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 […]

Are Influencer Marketing Agencies Eating Out of Creative Agencies Cake?

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 […]

Scaler partners with creative agency The Womb to build impactful and differentiated brand position

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. […]

M&T Bank Corporation announces agreement to sell M&T Insurance Agency to Arthur J. Gallagher & Co.

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 […]

CFTC Commissioner Romero calls on agency to bring ‘heat’ to enforcement – Financial Services

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 […]

Emirates News Agency – TAQA secures AED4 billion project financing for Mirfa International power and water plant

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 […]

Emirates News Agency – 21st edition of Ru’ya, Careers UAE Redefined launched in Dubai

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 […]

An error will empty your bank account! Government agency warns of VIRUS

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 […]

Errandpay tackles African FinTechs, MFBs and MFIs with bank branches and PoS terminals

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 […]

AFRM stock alert: What to know as regulators target Buy now, pay later

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 […]

JMB Insurance Agency appoints new chairman

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 […]

Rapido Solutions Group presents itself as a recruitment agency for logistics customers

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 […]

State Santa’s Agency Returns Millions to Nebraskanians Downstairs Young and Old

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 […]

Emirates News Agency – Dubai International Financial Center sees strong growth in first half of 2022

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 […]

Agency Banking NowNow secures $13 million to expand product offering in Africa

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 […]

Federal agency fines Wells Fargo $22 million in whistleblower complaint – InsuranceNewsNet

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 […]

Indian agency seeks payment companies in Chinese lending probe

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 […]

HURIWA kicks as Buhari appoints brother-in-law to head banknote minting agency INEC Materials

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 […]

Connecticut fines collection agency $100,000, revokes license

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, […]

“EXISCO” investment bedding for Shanghai members

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 […]

Denmark’s tax agency explains the tax treatment of transfers to a non-profit foundation, the lifting of the dividend restriction and more

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 […]

CoinSwitch Kuber premises raided as Indian law enforcement probe expands

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 […]

National Crime Agency must investigate allegations of systemic falsification and manipulation of documents by banks, MP says

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 […]

Emirates News Agency – Assets of domestic companies listed on financial markets increase by 10% in H1 2022

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. […]

Vendilli Digital Group acquires marketing agency with and more Latest news here

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 […]

European Medicines Agency accepts marketing authorization application for Rezafungin for treatment of invasive candidiasis and more Latest News Here

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 […]

Work to create a centralized due diligence agency will begin in September

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 […]

Waterdrop Insurance Marketplace opens its first agency outlet in Wuhan

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, […]

Emirates News Agency – Godel Technologies becomes next digital company to join NextGenFDI program: MoE

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 […]

MarshBerry acquires North Carolina insurance agency First Choice Agents Alliance

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 […]

‘We are not a law enforcement agency’ – says Chinese ambassador amid allegations of worker abuse and illegal land use by nationals

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 […]

Cognito selected by Thoughtworks as a North American reference agency

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 […]

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