Banking

December 13, 2018

Citi Announces Global, Mission-Led Partnership with the International Paralympic Committee

Citi today announced that it has entered into a partnership agreement with the International Paralympic Committee (IPC) to become an international partner through 2020 and to support National Paralympic Committees (NPCs) in 18 countries as they prepare for upcoming World and regional Championships, as well as the Tokyo 2020 Paralympic Games. The 18 National Paralympic Committees (NPCs) Citi will sponsor include: Australia, Chinese Taipei, Colombia, Costa Rica, Great Britain, Hong Kong, India, Indonesia, Ireland, Malaysia, Mexico, Nigeria, Philippines, Poland, Singapore, South Africa, Thailand, and the UAE. Citi serves clients through a local......

December 13, 2018

Takeda and the New York Academy of Sciences Announce 2019 Innovators in Science Award Winners

Takeda Pharmaceutical Company Limited, (“Takeda”) (TSE:4502) and the New York Academy of Sciences announced today the Winners of the second annual Innovators in Science Award for their commitment to and excellence in regenerative medicine. The 2019 Winner of the Senior Scientist Award is Michele De Luca, M.D., Professor of Biochemistry and Director of the Centre for Regenerative Medicine “Stefano Ferrari”, University of Modena and Reggio Emilia in Modena, Italy. Dr. De Luca has dedicated his career in translational medicine to developing stem cell therapies and is a leading authority on human squamous epithelial stem......

December 13, 2018

Entersekt Gains Early Certification for E-Commerce Authentication Solution

Entersekt, an innovator in mobile-first fintech solutions, today announced that it has gained EMVCo certification for its 3-D Secure 2 access control server. EMVCo is a payments industry consortium managing global specifications for secure card-based e-commerce transactions. Entersekt has offered a 3-D Secure access control server (ACS) for many years. Its mobile-optimized solution was among the first to be accredited by Visa, Mastercard, and American Express. It has proved popular among consumers in Europe and South Africa, who continue to enjoy the password-free, one-touch experience it makes possible. “Several years ago, Entersekt was......

December 12, 2018

Desert to Power Initiative” for Africa

Johannesbourg, South Africa (ADV) – The African Development Bank (AfDB) has said a lack of energy remains as a significant impediment to Africa’s economic and social development.

As a result he AfDB"...

December 11, 2018

Sharjah Finance Department Cooperate With Sharjah Islamic Bank to Facilitate Payment Services

Sharjah Finance Department signed yesterday on Monday, an agreement with Sharjah Islamic Bank to cooperate in banking services to be provided to clients of both sides, in the context of Making the payment service easer to the clients and enabling them to pay service charges and Government"...

December 3, 2018

African Development Bank issues SOFR-linked transaction in green bond market

The African Development Bank rated has successfully priced a dual-tranche $500 million 3-year and $100 million 2-year SOFR-linked Green bond, becoming the first issuer to bring to the market a SOFR-linked Green Bond transaction.

The"...

December 3, 2018

Afreximbank signs MoU with Russian Railways and Russian Export Center

The African Export-Import Bank has signed in Moscow a memorandum of understanding with Russian Railways and the Russian Export Center (REC), agreeing to cooperate in implementing export and investment projects in the railway sector in Africa.

Under"...

November 21, 2018

BCT, Morocco's BAM ink two cooperation agreements

TAP) – Two cooperation agreements were inked Friday in Tunis by Governor of the Central Bank of Tunisia (French: BCT) Marouane El Abassi and Governor of Morocco's Bank Al Maghrib (BAM) Abdellatif Jouahri, BCT Monday said in a press release.

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November 19, 2018

Banks on race to reach unbanked with digital apps

As competition among banks grow, financial institutions are investing in digital solutions to reach the unbanked.

Speaking during the launch of one of the Ecobank digital platforms, group chief executive Ade Ayeyemi"...

November 18, 2018

Rimini Street Expands Investment and Operations in Asia-Pacific

Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, and the leading third-party support provider for Oracle and SAP software products, today announced that it has expanded its operations in the Asia-Pacific region with the launch of its new subsidiary, Rimini Street New Zealand Limited, and the opening of its new office in Auckland to address the growing demand for Rimini Street’s premium, ultra-responsive support services in New Zealand. Rimini Street’s expansion was announced at a gala event held at The Northern Club in Auckland, where clients, local IT leaders and the special guest......