Chilean financial institution CorpGroup is mulling over divestment of its insurance division to a pension fund manager, Inversiones La Construccion (ILC), in a deal worth approximately $165m. The company, which manages CorpBanca, said ...
Wireless Ronin Technologies, Inc. has deployed a custom-designed, 60-foot-wide LED display along with its channel partner, Thomson Reuters, in the lobby of a major retail financial institution in Midtown Manhattan. Rather than the typical ...
Tags: LED Display, LED
In response to current climate changes, the National Development and Reform Commission (NDRC) is heading measures to promote green energy low carbon production development in government branches such as the Ministry of Industry and ...
Tags: Energy Subsidy Reform, Lighting
After eluding police for 10 days last year, a dragnet in central China’s Henan province finally closed in on Li Mingzhong, the head of a BOC Fullerton Community Bank branch who had absconded with more than US$16 million in rural ...
Tags: Village Banks, Privatization
China edged its way toward a credit crunch last week, spooking investors, businesses, analysts – and perhaps more than anyone – the banks themselves. Liquidity in the country's money market appeared to suddenly dry up after a ...
Tags: Risky Economy, credit crunch
Tax Free Worldwide, a specialist in VAT refund services for shoppers and retailers has announced a significant extension to its refund network across China, Russia and Ukraine. Partnerships have been agreed with Transforex in China, SMP ...
Tags: United Kingdom, Apparel&Accessories, Network
Washington's biggest problem when it comes to Bitcoin may just be that policymakers on the Hill don't know enough about it, yet. That was the general consensus of a panel of legal experts speaking Saturday at a Silicon Valley conference ...
Tags: Bitcoin, Washington
More bumps in the road are probably in store for Bitcoin. The virtual currency has seen some massive swings in value over the last several weeks, but that volatility is not likely to end soon, its lead developer suggested on Saturday. ...
Tags: Bitcoin, Computer Products
Shanghai ZENDAI Property entered into a financing agreement with a financial institution (the lender) as a borrower. Under the financing agreement, the borrower can get up to HKD 300 million term loans in accordance with its terms and ...
Alberto Yusi Lajud Pena, found dead in the Dominican Republic two weeks ago, was the leader of the New York cell of an international gang of cyber thieves that authorities allege stole a staggering $45 million from ATM machines around the ...
Tags: Bank Security, Computer Products
US veterinary medical insurer, Pethealth has inked an asset purchase agreement to acquire certain assets of PurinaCare Insurance Services' pet insurance operations. The agreement was signed between Pethealth's subsidiary PTZ Insurance ...
Tags: pet insurance, insurance, medical insurer
Mortgage and investment start-up Castle Trust has brought in Adapt to host its business-critical software. The agreement will see Adapt host the software on its enterprise Virtual Data Centre (eVDC) platform, providing built-in back-up ...
Tags: secure hosting, software, cloud solution
TransCard today announced an exclusive U.S. partnership with Watch2Pay, a U.S. company that offers the world’s first and only MasterCard PayPass watch, which can be used for contactless (NFC) payments. Already launched to tremendous ...
Tags: TransCard, Watch2Pay, Financial Institutions'Customers
Banks and other financial institutions in the US have been told to establish a "risk management programme" for social media to ensure that key staff do not inadvertently release sensitive information. The programme would ensure that they ...
IFC, a member of the World Bank Group, is providing a $70m loan to help renovate a cement factory in Iraq, part of an effort to support the local building sector and aid in the country s reconstruction. The financing will allow Kerbala ...
Tags: IFC, cement factory, Iraq, reconstruction