In a digital-first world, identity verification must not hinder new business BANGKOK–(BUSINESS WIRE)–Aug. 01, 2024 (NYSE: FICO) This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240731171307/en/ 1 in 3 Thais have abandoned opening a personal bank account due to complex identity checks. (Graphic: FICO) Highlights Ease of use is the top priority for […]
Category: Finance
SCBX SCB 10X and SambaNova Enter Into Milestone Agreement to Expand AI Models; Typhoon Thai LLM Added to Samba-1
PALO ALTO, Calif.–(BUSINESS WIRE)–Jul. 10, 2024 SambaNova Systems, the generative AI solutions company with the fastest models and most advanced chips, announces that “Typhoon”, a Thai Large Language Model (LLM) powered by SCBX and SCB 10X, has been introduced into the Samba-1 Composition of Experts (CoE) model. This press release features multimedia. View the full […]
H.I.G. Capital Raises $1.3 Billion for Infrastructure Fund
MIAMI–(BUSINESS WIRE)–Jun. 24, 2024 H.I.G. Capital (“H.I.G.” or “the Firm”), a leading global alternative asset management firm with $64 billion of capital under management, is pleased to announce the closing of H.I.G. Infrastructure Partners (the “Fund”). The Fund closed with aggregate capital commitments of approximately $1.3 billion.1 H.I.G. Infrastructure Partners seeks to make control-oriented, infrastructure […]
Japanese Investors Partner With I Squared Capital on US$370 Million Strategic Investment in Natural Gas Infrastructure to Accelerate the Energy Transition in India
– Japanese investors to take a minority stake in a Singapore-based holding company with investments in companies developing city gas distribution networks in India. – Transaction to provide fresh injection of equity to support new infrastructure investments and expand technical know-how and adoption of global best practices in line with India’s energy targets. – Investment […]
Western Union Expands Collaboration with Tencent Financial Technology
Customers around the world can now send international money transfers from Western Union’s branded digital channels directly to China’s Weixin (WeChat) users Expansion builds on Western Union’s existing service — Weixin users in China can choose to receive Western Union money transfers into their Weixin Pay wallets and linked bank accounts BEIJING–(BUSINESS WIRE)–Jun. 05, 2024 […]
FICO Survey: Close to 1 in 2 Thais Worried About Being Scammed As Real-Time Payment Risks Grow
BANGKOK–(BUSINESS WIRE)–May. 23, 2024 (NYSE: FICO) Highlights Payment Fraud is the top financial crime concern for 45% of Thais Identity theft worries persist, with 61% believing they have or might have been victims 36% of Thai consumers name fraud and scam protection as their top consideration for new financial accounts FICO, a leading global analytics […]
Oaktree Assumes Ownership of Inter Milan
MILAN–(BUSINESS WIRE)–May. 22, 2024 As of 22 May 2024, funds managed by Oaktree Capital Management, L.P. (“Oaktree”) have assumed ownership of FC Internazionale Milano (“Inter Milan” or the “Club”). This follows the non-repayment of Oaktree’s three-year loan to Inter Milan’s holding companies that matured on 21 May 2024 with a total balance due of approximately […]
Pacific Prime Thailand Wins AXA’s Top Sales International Broker Award
BANGKOK–(BUSINESS WIRE)–May. 17, 2024 International insurance brokerage Pacific Prime has been selected as the recipient of AXA’s Top Sales – International Broker Award 2024 on the 25th of April at Intercontinental Thailand. There held the AXA Awards 2024 Ceremony, themed “Journey to the Everest”, calling for all top performers to celebrate the moment of the […]
Francesco Buquicchio Named Next CEO of Egon Zehnder
ZURICH–(BUSINESS WIRE)–May. 20, 2024 Egon Zehnder, the world’s preeminent leadership advisory firm, today announced Francesco Buquicchio as its next CEO. Buquicchio succeeds Edilson Camara, following a strategic leadership transition and succession planning process. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240519538552/en/ Francesco Buquicchio, CEO of Egon Zehnder (Photo: Business Wire) Camara, who […]
Tradu launches crypto exchange saving clients up to 95% on trading fees
LONDON–(BUSINESS WIRE)–May. 08, 2024 Tradu, the powerful multi-asset trading platform, has launched a new crypto exchange with low, transparent fees tailored for active traders and investors seeking a trustworthy and secure platform for their crypto assets. From today, crypto traders can securely invest in over 40 coins including Bitcoin and Ethereum via Tradu’s multi-asset trading […]
NPCI International Partners with Bank of Namibia for Deploying India’s UPI Stack in Namibia
MUMBAI, India–(BUSINESS WIRE)–May. 03, 2024 NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has signed an agreement with the Bank of Namibia (BoN) to support them in developing an instant payment system like Unified Payment Interface (UPI) for Namibia. This press release features multimedia. View the full […]
TradeSun Announces an Agreement With Wells Fargo
SAN DIEGO–(BUSINESS WIRE)–Apr. 16, 2024 TradeSun and Wells Fargo have entered into an agreement that will enable Wells Fargo to leverage the industry leading trade finance and compliance digitization solution from TradeSun, using Artificial Intelligence (AI) and other advanced technologies to streamline the complex and manual processes employed globally within the banking industry. This press […]