Lugano (ots) - Faced with an uncertain economic environment, driven by a restrictive monetary policy and declining interest rates, the Cornèr Group maintained a stable growth trajectory thanks to its prudent philosophy and solid equity position, with capital resources rising to CHF 1,223 million (+5.9 %). The 73rd financial year closed with a balance sheet ...
London (ots/PRNewswire) - MidEuropa, a leading private equity investor with deep roots in Central Europe, announces that its portfolio company, Diagnostyka, a leading provider of medical diagnostic services in Poland, has debuted on the Warsaw Stock Exchange on Friday, February 7, 2025. The market closing price on the first day of trading puts Diagnostyka's market capitalisation at over €1 billion. Diagnostyka thus ...
Vaduz (ots) - From 7 to 20 January 2025, the International Monetary Fund (IMF) conducted the first of its Article IV consultations in Liechtenstein, which will now take place annually. Over the course of these two weeks, IMF economists and representatives of Liechtenstein's Constituency held numerous discussions with public authorities, organisations, and companies in the country to familiarise themselves with and assess ...
Milano (ots) - Compass has strengthened its franchise in Buy Now Pay Later (BNPL) operations by consolidating its partnership with HeidiPay AG, in which it has acquired a majority interest. The Mediobanca Group's consumer credit arm had already acquired a 19.5% stake in the holding company specialized in the development of digital platforms to support BNPL operations ...
Amsterdam (ots/PRNewswire) - VERMEG, a leading provider of software solutions for the financial services industry, backed by Charterhouse Capital Partners, announces today it has entered into an agreement to sell its RegTech division "Agile" to Regnology, a renowned global expert in regulatory compliance. This strategic transaction aligns with VERMEG's long-term vision ...
London (ots/PRNewswire) - This partnership will enhance payment efficiency and security for HyperGuest's global network of travel and accommodation partners with Nium's virtual card solution Nium, the leading global infrastructure for real-time cross-border payments, today announced a strategic partnership with HyperGuest, a premier B2B marketplace for the travel and ...
Bengaluru, India (ots/PRNewswire) - Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), today announced the launch of the Finacle Data and AI Suite, a set of solutions to empower banks to infuse AI into their digital operations and accelerate their enterprise AI journey. The suite will offer a ...
Lugano/Zurich (ots) - Cornèr Group, Europe's first banking group, has launched Visa Commercial Pay (VCP) for mobile devices. This innovative solution allows companies to use virtual cards not only online, but also on smartphones and smartwatches. The ...
Vaduz (ots) - At its meeting on 9 July 2024, the Government adopted several reports and motions on the redesign of the supervisory law governing banks and investment firms. These reports and motions on a comprehensive revision of the Banking Act (BankG) and the creation of a new Investment Services Act (WPDG), ...
Bengaluru, India (ots/PRNewswire) - Leveraging Infosys Cobalt to deliver industry-leading infrastructure-managed services Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a multi-year strategic collaboration with First Abu Dhabi Bank ...
Bengaluru, India (ots/PRNewswire) - FY25 guidance - revenue growth of 1%-3% and operating margin of 20%-22% Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $18.6 billion in FY24 revenues with a growth of 1.4% in constant currency and ...
Zurich (ots/PRNewswire) - - On behalf of its client Matter Labs, Sygnum is investing USD 50m into Fidelity's Institutional Liquidity Fund (ILF) - Sygnum generates on-chain representation by issuing security tokens that act as secure and transparent "Proof-of-Reserves" for Matter Labs' treasury reserves - Represents first step in Matter Labs' long-term strategy to move ...
Lugano (ots) - Faced with an uncertain geopolitical and economic situation, Cornèr Group's prudent policy and long-held pragmatic approach have once again proven to be winning qualities. Cornèr Group's 72nd financial year closed with revenues reaching CHF 506 million (+16 %) and a net profit of CHF 74.9 million (+41 %). This result allows the Group to further strengthen its capital solidity with its capital ...
Paris (ots/PRNewswire) - Sopra Steria, a major player in the European tech sector, announced today that it has been ranked among the "leaders" in the 2024 NelsonHall NEAT analysis of ESG in the banking sector. This NelsonHall Vendor Evaluation & Assessment Tool (NEAT) analyzes the performance of ten vendors offering ...
Abu Dhabi, Uae (ots/PRNewswire) - First Abu Dhabi Bank (FAB) delivered record full year 2023 and fourth quarter results, consolidating a three-year journey of disciplined acceleration in business momentum, demonstrating remarkable growth and profitability as a MENA banking powerhouse. FAB's Board proposed a total ...
London (ots/PRNewswire) - Wealth Dynamix is a leading provider of CRM, Onboarding and CLM (Client Lifecycle Management) solutions, which are now available linked with Temenos as part of a strategic partnership. Combined, the solutions provide a fully joined-up experience for clients and staff, from early prospecting to on-going relationship management. Wealth Dynamix, a leading provider of Client Lifecycle Management ...
New York and London (ots/PRNewswire) - 9fin, a leading provider of data, news and predictive analysis for debt capital markets, has today announced that Max Frumes has joined the company to oversee global coverage of distressed debt and restructuring. Frumes, who co-authored one of the definitive books on distressed debt — The Caesars Palace Coup — joins from LevFin Insights, where he ran the special situations news ...
Zurich (ots/PRNewswire) - Sygnum today announces a major addition to its institutional crypto sector indices product portfolio – the Sygnum Crypto Multisector Index Linked Certificate (ILC). - The first institutional Crypto Multisector Index combines key crypto sectors into a single portfolio to conveniently enable broad, liquid access to the digital asset megatrend ...
London (ots/PRNewswire) - INEOS Quattro Finance 2 Plc (the "Offeror"), a company incorporated under the laws of England and Wales, announces today the results of the tender offer that the Offeror commenced on October 30, 2023, for any and all of its outstanding U.S.$500,000,000 33/8% Senior Secured Notes due 2026 ...
Zurich, Stockholm and London (ots/PRNewswire) - Sygnum, the world's first digital asset bank, today announces an innovative new private debt asset token with Float, a Stockholm-based Capital-as-a-Service company. Fasanara Capital, one of Europe's largest credit funds in fintech, is acting as senior lender. - New asset token offering gives clients direct access to a ...