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Euronet USA’s Advanced Technology Solution Selected by Banco de Moçambique for Their National Payment Network

Euronet USA’s Advanced Technology Solution Selected by Banco de Moçambique for Their National Payment Network

LEAWOOD, Kan., Dec. 17 (Korea Bizwire) — On Monday, December 10, 2018, Euronet USA, Inc. signed an agreement with Banco de Moçambique to provide a modernized national payment network solution to Mozambique.  Under the agreement, Euronet will provide state-of-the-art software for the financial system in Mozambique.  Euronet’s superior technology combined with over 40 years of [...]

Algo Capital Announces $100 Million Blockchain Fund to Invest in Promising Companies Built on Algorand Platform

Algo Capital Announces $100 Million Blockchain Fund to Invest in Promising Companies Built on Algorand Platform

Boston, MA, Dec. 11 (Korea Bizwire) — Algo Capital, a blockchain-focused venture capital group, has announced the launch of a $100 million USD fund to invest and manage significant capital in emerging disruptors building on the Algorand decentralized platform over the course of the next decade. The Algorand protocol was designed by MIT professor, cryptography [...]

Ondot Systems Named One of North America’s Fastest Growing Companies in Deloitte’s 2018 Technology Fast 500™

Ondot Systems Named One of North America’s Fastest Growing Companies in Deloitte’s 2018 Technology Fast 500™

Santa Clara, California, Nov. 20 (Korea Bizwire) — Ondot Systems, the leading provider of Digital Card Services and Customer Empowerment Solutions, today announced that it was named by Deloitte’s Technology Fast 500TM as the fastest growing Silicon Valley FinTech company, and one of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech [...]

Navigators Stockholders Approve Merger with The Hartford

Navigators Stockholders Approve Merger with The Hartford

STAMFORD, Conn., Nov. 16 (Korea Bizwire) — The Navigators Group, Inc. (NASDAQ:NAVG) (“Navigators”) announced that, at a special meeting of stockholders held today, Navigators’ stockholders approved the adoption of the previously announced merger agreement relating to the proposed transaction between Navigators and The Hartford Financial Services Group, Inc. (“The Hartford”), whereby Navigators will become a [...]

Daimler Financial Services AG Announces Top Management Rotation

Daimler Financial Services AG Announces Top Management Rotation

Stuttgart, Germany, Nov. 15 (Korea Bizwire) — Daimler Financial Services AG announced today that Klaus Entenmann, Chairman of the Daimler Financial Services AG Board of Management (BoM), will step down from his position in May 2019. This move allows a smooth transition to a new leadership team before his scheduled retirement in December 2019. The [...]

Moody’s Upgrades VIB’s Ratings to B1

Moody’s Upgrades VIB’s Ratings to B1

HANOI, VIETNAM, Nov. 9 (Korea Bizwire) - Moody’s Investors Service has just upgraded the baseline credit assessment (BCA) and adjusted BCA of Vietnam International Bank (VIB) to B1 and Counterparty Risk Assessment (CRA) to Ba3. Previously, right after upgrading the Government of Vietnam’s long-term issuer and senior unsecured ratings to Ba3 from B1, Moody’s upgraded the long-term [...]

Constellation Brands Prices Offering of Senior Notes

Constellation Brands Prices Offering of Senior Notes

VICTOR, N.Y., Oct. 22 (Korea Bizwire) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it priced the public offering of $2.15 billion aggregate principal amount of Senior Notes, consisting of (i)  $650.0 million of Senior Floating Rate Notes due 2021 (the “senior floating rate notes”); (ii)  $500.0 million of 4.400% Senior Notes [...]

INVEX Partners with Ondot to Launch the First Instant Digital Card in México

INVEX Partners with Ondot to Launch the First Instant Digital Card in México

Santa Clara, California and Mexico City, Mexico, Oct. 22 (Korea Bizwire) — INVEX (BMV: INVEX A) Credit Card business, the only monoliner specializing in payments and cobranded cards, with focus on 100% digital customer experience in Mexico, has partnered with Ondot, the global leader in mobile payments services, to deliver full card life-cycle management associated [...]