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 […]
Category: Finance
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 […]
Giesecke+Devrient Sets New Highs and Generates Revenues of Three Billion Euros for the First Time
MUNICH–(BUSINESS WIRE)–Apr. 11, 2024 Giesecke+Devrient (G+D) achieved the strongest growth in its history in fiscal year 2023, setting new records for sales, sales growth, and earnings. The G+D Group is entering a new phase in the company's development, and is helping to shape the digital transformation of society as a leading global SecurityTech company. 2023 […]
Leonard Green & Partners and Berkshire Partners Portfolio Company SRS Distribution Enters into a Definitive Agreement to be Acquired by The Home Depot for $18.25 Billion
LOS ANGELES & BOSTON–(BUSINESS WIRE)–Mar. 28, 2024 The portfolio company of Leonard Green & Partners and Berkshire Partners, SRS Distribution (“SRS”), has entered into a definitive agreement with The Home Depot to be acquired for $18.25 billion. The details of this sale were made public in press releases issued this morning by The Home Depot […]
Techtronic Industries Delivers Solid 2023 Annual Results
Gross Margin Expanded to 39.5%, Free Cash Flow Increased to US$1.3 Billion HONG KONG–(BUSINESS WIRE)–Mar. 06, 2024 Global leader in cordless Professional Tools, DIY Tools, and Outdoor Power Equipment, Techtronic Industries Co. Ltd. (“TTI” or the “Group”) (stock code: 669, OTCQX: TTNDY, TTNDF) is pleased to announce the audited consolidated results of the Company and […]
SoftBank Ventures Asia is Newly Becoming SBVA
The New SBVA Establishes KRW 200B ($150M) Korea Venture Fund SEOUL, South Korea–(BUSINESS WIRE)–Jan. 29, 2024 SoftBank Ventures Asia is officially changing its company name to SBVA from beginning of February 1st after The Edgeof acquired the company from SoftBank Group Corp.(SBG) in June of last year. The new SBVA embraces the concept of technological […]