Visa

GCash cements fintech leadership and innovation thrust in the Philippines

Retrieved on: 
Monday, August 30, 2021

MANILA, Philippines, Aug. 30, 2021 /PRNewswire/ -- GCash, the number 1 mobile wallet in the Philippines, continues to be a rising star in Asia as it sets the bar higher for fintech innovation in the region.

Key Points: 
  • MANILA, Philippines, Aug. 30, 2021 /PRNewswire/ -- GCash, the number 1 mobile wallet in the Philippines, continues to be a rising star in Asia as it sets the bar higher for fintech innovation in the region.
  • The fintech brand was recently included in the Top 100 Brands in the Philippines, according to Campaign Asia-Pacific and NielsenIQ.
  • GCash also garnered two awards from the prestigious Asian Banker Awards 2021, and was the sole Philippine fintech company to do so.
  • GCash is a wholly-owned subsidiary of Mynt (Globe Fintech Innovations, Inc.) since 2015.

WEX Board of Directors Announces Extension of Share Repurchase Program

Retrieved on: 
Thursday, August 26, 2021

WEX Inc. (NYSE:WEX), a leading financial technology service provider, today announced that its Board of Directors has extended its share repurchase program that was initiated in 2017 and was set to expire on September 30, 2021.

Key Points: 
  • WEX Inc. (NYSE:WEX), a leading financial technology service provider, today announced that its Board of Directors has extended its share repurchase program that was initiated in 2017 and was set to expire on September 30, 2021.
  • Under the renewed repurchase program, the Company may repurchase up to $150 million worth of the companys common stock.
  • The repurchase program will expire on September 30, 2025, subject to earlier termination of the program by the Board of Directors.
  • The repurchase program does not obligate the Company to repurchase any shares.

Visa Inc. to Participate in Upcoming Investor Conference

Retrieved on: 
Thursday, August 26, 2021

Visa Inc. (NYSE: V) today announced its participation in the following investor conference.

Key Points: 
  • Visa Inc. (NYSE: V) today announced its participation in the following investor conference.
  • On Thursday, September 9, Vasant Prabhu, Vice Chairman and Chief Financial Officer, will present at the virtual Deutsche Bank Technology Conference.
  • Visa Inc. (NYSE: V) is the worlds leader in digital payments.
  • As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce.

Former Mastercard International President Baldomero Falcones Joins Card Division For Bit2Me

Retrieved on: 
Thursday, August 26, 2021

His mission will be to expand Bit2Me Card, the company's debit card service.

Key Points: 
  • His mission will be to expand Bit2Me Card, the company's debit card service.
  • Among other management positions, Falcones was President of Mastercard International between 2002 and 2006, chairman of FCC, a construction company listed on the Ibex 35, and chairman of insurance area and director of operations at Banco Santander.
  • The Bit2Me Card offers a latest generation Mastercard card connected to the world of cryptocurrency.
  • Leif Ferreira, founder and CEO of Bit2Me, believes that:
    "Baldomero will help us connect Bit2Me with the more traditional financial system.

Argyle Welcomes Mortgage Industry Luminaries to Advisory Board: FinLocker CEO and Former Fannie Mae Executive Henry Cason and Former KPMG Mortgage and Fannie Mae Executive David Coleman

Retrieved on: 
Thursday, August 26, 2021

The talents and experience of these Mortgage Advisors will be valuable as Argyle continues to expand its footprint with leading mortgage lenders.

Key Points: 
  • The talents and experience of these Mortgage Advisors will be valuable as Argyle continues to expand its footprint with leading mortgage lenders.
  • Cason has deep industry expertise in digital management of consumers financial data across their credit, assets, and liabilities and in driving innovative solutions for the mortgage industry.
  • Prior to his current role as CEO, Cason was a 27-year veteran of Fannie Mae and played a significant role in the digitization of the mortgage industry.
  • Argyle is revolutionizing a lagging element of the mortgage industrys digitization process access to real-time income and employment data, said Cason.

'Buy Now, Pay Later' Driving Traffic into Restaurants According to Zip Co

Retrieved on: 
Thursday, August 26, 2021

Regardless of whether a restaurant is partnered with Zip , Zip customers can 'Tap & Zip' everywhere Visa is accepted.

Key Points: 
  • Regardless of whether a restaurant is partnered with Zip , Zip customers can 'Tap & Zip' everywhere Visa is accepted.
  • Customers simply add their Zip card to their Apple Wallet or Google Pay and can use the Zip app to shop online or instore.
  • Zip Pay is an interest free BNPL service with a credit limit of up to $1,000 and is perfect for everyday purchases, like dining out or ordering takeaway.
  • When customers pay with Zip Pay, Zip provides daily settlements straight to the business and absorbs any risk.

EQS-News: Baloise Bank on track for success after sales expansion

Retrieved on: 
Thursday, August 26, 2021

Baloise Bank SoBa enjoyed a successful operating performance in the first half of 2021.

Key Points: 
  • Baloise Bank SoBa enjoyed a successful operating performance in the first half of 2021.
  • Custody business grew strongly, in line with strategic targets, thanks to an increase in the number of asset management mandates.
  • Jrg Ritz, CEO of Baloise Bank, expressed his satisfaction: 'Our combined bank and insurance business model is bearing fruit.'
  • The national expansion of sales under the Simply Safe strategy is progressing apace.

Payactiv Digital Wallet Wins Grand Prize

Retrieved on: 
Wednesday, August 25, 2021

Payactiv won big at the Digital Wallet Awards , receiving the event's grand prize.

Key Points: 
  • Payactiv won big at the Digital Wallet Awards , receiving the event's grand prize.
  • Payactiv was recognized as a trailblazer in the digital wallet space, delivering outstanding user experience with access to the most comprehensive financial wellness services.
  • Payactiv co-founder and CTO Sohail Aslam said: "Payactiv delivers a one-stop solution that combines EWA, a digital wallet, cashless transfer, and a discount marketplace.
  • We are honored to win the grand prize and will continue delivering best-in-class technology.

Statement by Journalists for Human Rights on Urgent Need for Evacuation from Kabul of Journalists, Humanitarian Workers and Afghans Fearing for their Safety

Retrieved on: 
Wednesday, August 25, 2021

The need is particularly urgent for Afghan journalists, women journalists and staff of humanitarian organizations, who are visible targets.

Key Points: 
  • The need is particularly urgent for Afghan journalists, women journalists and staff of humanitarian organizations, who are visible targets.
  • However, the process of evacuation and resettlement remains riddled with documentation requirements that do not respect the urgency of evacuation needs.
  • Countries should continue to accept Afghan journalists, female journalists, humanitarian workers and their families based on the humanitarian need.
  • Journalists for Human Rights is an independent, impartial and politically neutral organization that works across conflict and post-conflict zones in particular to strengthen journalists' ability to center human rights in their work.

StoneCo Releases Teach-In Paper About the New Dynamics of Registration of Receivables in Brazil

Retrieved on: 
Wednesday, August 25, 2021

The Brazilian market is going through a significant transition adjusting to the new dynamics of registration of card receivables.

Key Points: 
  • The Brazilian market is going through a significant transition adjusting to the new dynamics of registration of card receivables.
  • This was called the lock of receivables, because it was locking those cash flows to a specific bank account.
  • If a merchants cash flow was not already locked, a financial institution could formalize guarantees, extend credit and lock the flow of receivables.
  • 1 TAG, which is owned by StoneCo, is a third player that started to operate after June 7, 2021.