LATAM

Backbase ENGAGE 2024: The Big Shift in Banking in the Americas

Retrieved on: 
Monday, April 22, 2024
Professional Services, Technology, Software, Finance, Fintech, Banking, Digital Cash Management, Digital Assets, Shift, Diamond, Ecosystem, Investment, Certification, Credit union, Fontainebleau Miami Beach, CPO, Wealth management, Navy Federal Credit Union, LATAM, Partnership, Navy, Ent Credit Union, School, EverBank

Backbase , the creator of the Engagement Banking Platform, is thrilled to announce the inaugural ENGAGE Americas 2024 conference , at the Fontainebleau Hotel in Miami, on April 23, 2024.

Key Points: 
  • Backbase , the creator of the Engagement Banking Platform, is thrilled to announce the inaugural ENGAGE Americas 2024 conference , at the Fontainebleau Hotel in Miami, on April 23, 2024.
  • At ENGAGE Americas 2024, we continue to bring together the ecosystem of digital leaders and change makers who are driving the progressive modernization of their institutions.
  • ENGAGE Americas is not like any other banking event; it brings together the most senior leadership driving digital change in the banking industry in the Americas.
  • In addition, Backbase's CEO, CPO, and CTO will delve into "The Big Shift," offering their unique insights on the future of banking.

Intelsat Signs Two Major Broadcast Managed Services Deals in Latin America

Retrieved on: 
Monday, April 15, 2024
Technology, Entertainment, Satellite, Telecommunications, Communications, Media, Networks, TV and Radio, Internet, Investment, MASTV, MVS, Caracol Televisión, Intelsat 21, Television, Caracol, LATAM, G-37, Engineering, Pops, Communications satellite

Caracol Television, a leading Colombian broadcaster, wanted to expand its Spanish programming's audience in Latin America and the USA.

Key Points: 
  • Caracol Television, a leading Colombian broadcaster, wanted to expand its Spanish programming's audience in Latin America and the USA.
  • Intelsat offered a solution using space capacity for Latin America and a managed service for the USA distribution.
  • Intelsat 21 (IS-21) is used to distribute Caracol’s national broadcast network in Colombia as well as for pan-regional distribution into the rest of Latin America.
  • In Latin America alone, the neighborhood reaches over 46 million cable headends and carries the top-rated channels in the region.

ADAMA Reports First Quarter 2024 Results

Retrieved on: 
Thursday, April 25, 2024
Transfer, Investment, Weather, Appendix, LATAM, Profit, Transport, Environment, Purchasing, Tax, Pressure, Acquisition, BRL, PPA, Crop protection, OPEX, Video game

In the US Ag market sales in the first quarter of 2024 were lower reflecting weak pricing, ‎lower ‎demand and strong competition.

Key Points: 
  • In the US Ag market sales in the first quarter of 2024 were lower reflecting weak pricing, ‎lower ‎demand and strong competition.
  • The overall pricing was‎ lower in the first quarter of ‎‎2024 than in the first quarter of 2023, as market prices began to decline only during the ‎second quarter of 2023.
  • Cash Flow: Operating cash flow of $103 million was consumed in the first quarter of 2024, compared to $425 million in the first quarter of 2023.
  • Net cash used in investing activities was $67 million in the first quarter in 2024, compared to $93 million in the first quarter of 2023.

Stagwell Adds Indonesia-based Media, Creative, and Technology Agency Leverate Group to Global Affiliate Program

Retrieved on: 
Tuesday, April 23, 2024
Permata Bank, Stagwell, LATAM, Partnership, Leverate, BMW, GDP, Marketing, Creativity, Allianz, Astra International, Creative industries

Founded in 2015, Leverate Group is known for delivering bespoke strategies encompassing media, creativity, and technology.

Key Points: 
  • Founded in 2015, Leverate Group is known for delivering bespoke strategies encompassing media, creativity, and technology.
  • "At Leverate Group, we have a track record of implementing successful campaigns infused with global knowledge, backed by data-driven insight.
  • We look forward to collaborating closely with Stagwell to help clients transform for a digital-driven economy," said Marlina Lim, Chief Executive Officer for Leverate Group.
  • Stagwell's Global Affiliate Program powers agile global solutions for clients, allowing Stagwell to partner with regional experts to scale marketing capabilities to new regions.

Symphony Wireless Appoints Prominent Telecommunications Infrastructure Executive Bernard Borghei as CEO

Retrieved on: 
Monday, April 22, 2024
SunCom, SkyBitz, Central Waqf Council, LATAM, Growth, Entrepreneurship, Acquisition, Global Tower Partners, Telecommunications, Knowledge, Operation, Management

Mr. Borghei has 30 years of domestic and international experience in the wireless and telecommunications infrastructure industry.

Key Points: 
  • Mr. Borghei has 30 years of domestic and international experience in the wireless and telecommunications infrastructure industry.
  • Omar Jaffrey, Founder and Managing Partner of Palistar and Founder of Symphony Wireless, said, "We are excited to have Bernard join our talented team at Symphony Wireless.
  • Jorge Pedraza, Vice Chairman of Symphony Wireless and Operating Partner at Palistar, added: "The entire Symphony Wireless team extends a warm welcome to Bernard.
  • Bernard is a proven leader in the digital infrastructure industry, and we are excited about the next phase of growth for Symphony Wireless."

Senstar Technologies Corporation Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Friday, April 19, 2024
Fourth, LATAM, Business, Eastern Time Zone, ID, Growth, Video game

Full Year 2023 Business Summary:

Key Points: 
  • Full Year 2023 Business Summary:
    (Full year 2023 results compared to the comparable twelve-month period of 2022, except as mentioned.)
  • Revenue for the fourth quarter of 2023 was $8.9 million, a decrease of 9.8% compared with $9.9 million in the fourth quarter of 2022.
  • Net income in the fourth quarter of 2023 was $0.4 million or $0.02 per share versus $3.5 million, or $0.15 per share in the fourth quarter of last year.
  • EBITDA for the fourth quarter of 2023 was $0.5 million versus EBITDA of $1.2 million in the fourth quarter of 2022.

Leaders of Industry: Chairman Joel Nagel and Caye International Bank Honored with Prestigious Awards

Retrieved on: 
Wednesday, April 17, 2024
CARICOM, LATAM, Nagel, Intelligence, CIB, Wealth, SAN, Private banking, Cryptocurrency

Chairman of CIB, Joel Nagel , was also honored with the Lifetime Achievement Award for his outstanding contributions to the banking industry within the region.

Key Points: 
  • Chairman of CIB, Joel Nagel , was also honored with the Lifetime Achievement Award for his outstanding contributions to the banking industry within the region.
  • Luigi Wewege continues: "This award is a tremendous honor for our entire team at Caye International Bank.
  • In 2021, CIB swept the International Investor Magazine Awards, winning Best Offshore Bank for CARICOM , Best Private Bank in Central America, Private Bank of the Year for LATAM, Best International Private Banking Service Provider - Belize and Best International Private Bank in Central America.
  • Previous to this the bank was awarded Global Finance Magazine's Best Private Bank in Belize (2020), and Wealth & Finance International's Most Outstanding Offshore Bank in Central America (2018).

Toku secures $9.3 million in latest funding round led by Gradient

Retrieved on: 
Wednesday, April 17, 2024
LATAM, Y Combinator, Collection, General partnership, Online shopping

SANTIAGO, Chile, April 17, 2024 /PRNewswire/ -- Toku, an all-in-one recurring payments platform announced today it has raised $9.3 million USD in its latest round of funding. Gradient Ventures led the round with participation from existing investors F-Prime Capital, Clocktower, Y Combinator, Wollef and Funders Club. The round brings Toku's total funding to nearly $20 million USD.

Key Points: 
  • SANTIAGO, Chile, April 17, 2024 /PRNewswire/ -- Toku , an all-in-one recurring payments platform announced today it has raised $9.3 million USD in its latest round of funding.
  • Gradient Ventures led the round with participation from existing investors F-Prime Capital, Clocktower, Y Combinator, Wollef and Funders Club.
  • The round brings Toku's total funding to nearly $20 million USD.
  • Our latest round of funding further validates the demand for Toku and we're excited to bring our technology to more businesses and regions."

ATFX Hires Siju Daniel as the Chief Commercial Officer

Retrieved on: 
Tuesday, April 16, 2024
Niv, AI, LATAM, Business, Knowledge, FXCM, Growth, Management

LONDON, April 16, 2024 /PRNewswire/ -- ATFX is pleased to announce the appointment of Siju Daniel as the Chief Commercial Officer.

Key Points: 
  • LONDON, April 16, 2024 /PRNewswire/ -- ATFX is pleased to announce the appointment of Siju Daniel as the Chief Commercial Officer.
  • In his previous role as the Chief Commercial Officer of FXCM, Siju was instrumental in driving revenue globally.
  • Siju Daniel's appointment as the Chief Commercial Officer at ATFX signals a strategic move aimed at driving the company's global business growth.
  • ATFX's Chairman, Joe Li, expressed his confidence in Siju's appointment, saying, "We are delighted to welcome Siju Daniel to the ATFX team as our Chief Commercial Officer.

Stagwell (STGW) Expands in Latin America with Acquisition of PROS Agency, Digital PR Leader in Brazil

Retrieved on: 
Monday, April 15, 2024
Stagwell, Motorola, Mondelez International, Ink, LATAM, PR, Acquisition, Growth, Sales

SÃO PAULO, April 15, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has entered into an agreement to acquire PROS Agency (PROS), a Brazil-based brand and marketing consultancy specializing in digital public relations (PR), creative planning and production, influencer marketing, and brand development. Headquartered in São Paulo, the agency will play a key role in driving business for Stagwell within Brazil as well as the greater Latin America (LATAM) region as part of Allison, a global marketing and communications consultancy within Stagwell.  

Key Points: 
  • The agency will play a key role in driving business for Stagwell within Brazil as well as the greater LATAM region.
  • "PROS' creative strategy and digital innovation expertise helps brands create engaging and purposeful conversations with consumers, consistently pushing the boundaries of PR – making them a true leader in the region," said Stagwell Chairman and CEO Mark Penn.
  • "I worked in Latin America for several years and have always noted its massive growth potential.
  • PROS will retain its leadership and will collaborate with other Brazil and Latin America agencies in the Stagwell network to expand service offerings to clients.