State Bank of India

Northern Data and SBI Crypto Announce Strategic Cooperation

Thursday, February 13, 2020 - 7:35am

Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87) and Whinstone US Inc., announce a strategic cooperative relationship with SBI Crypto Co., Ltd., a wholly owned subsidiary of SBI Holdings Inc. (Tokyo: 8473) in the areas of applied blockchain technology.

Key Points: 
  • Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87) and Whinstone US Inc., announce a strategic cooperative relationship with SBI Crypto Co., Ltd., a wholly owned subsidiary of SBI Holdings Inc. (Tokyo: 8473) in the areas of applied blockchain technology.
  • SBI Crypto is also positioned for potential equity participation in Northern Data.
  • SBI Crypto is dedicated to crypto mining-related operations and is a wholly owned subsidiary of Japan's SBI Group.
  • "We have been planning with Whinstone and Northern Data for the Texas mining farm since early 2019," says Carson Smith, CEO of SBI Crypto.

DGAP-News: NORTHERN DATA AND SBI CRYPTO ANNOUNCE STRATEGIC COOPERATION

Thursday, February 13, 2020 - 7:00am

- A wholly owned subsidiary of Japan's SBI Group, SBI Crypto to be hosted at Northern Data's new data center facility in Texas

Key Points: 
  • - A wholly owned subsidiary of Japan's SBI Group, SBI Crypto to be hosted at Northern Data's new data center facility in Texas
    Frankfurt on the Main / Tokyo - February 13, 2020 - Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87) and Whinstone US Inc., announce a strategic cooperative relationship with SBI Crypto Co., Ltd., a wholly owned subsidiary of SBI Holdings Inc. (Tokyo: 8473) in the areas of applied blockchain technology.
  • SBI Crypto is also positioned for potential equity participation in Northern Data.
  • SBI Crypto is dedicated to crypto mining-related operations and is a wholly owned subsidiary of Japan's SBI Group.
  • "We have been planning with Whinstone and Northern Data for the Texas mining farm since early 2019," says Carson Smith, CEO of SBI Crypto.

The Kreller Group Acquires Smith Brandon International, Inc.

Tuesday, January 28, 2020 - 1:00pm

CINCINNATI, Jan. 28, 2020 /PRNewswire/ --The Kreller Group today announced its acquisition of Smith Brandon International, Inc. (SBI), a corporate investigations and risk consulting firm based in Washington, D.C. SBI will now be known as Smith Brandon International, a Kreller Company.

Key Points: 
  • CINCINNATI, Jan. 28, 2020 /PRNewswire/ --The Kreller Group today announced its acquisition of Smith Brandon International, Inc. (SBI), a corporate investigations and risk consulting firm based in Washington, D.C. SBI will now be known as Smith Brandon International, a Kreller Company.
  • Both Kreller Group and SBI specialize in custom due diligence and investigations, offering a range of services to clients working worldwide.
  • With the acquisition of Smith Brandon International, Kreller will be even better equipped to carry out mission-critical operations in a field where excellence is key.
  • "We are very excited to welcome Smith Brandon International to the Kreller family of companies," said Kreller's Founder and President, Joe Davidoski.

'Blockchain game leader' SuperTree, closes 3 billion won in investment to expand service and IP

Wednesday, January 22, 2020 - 2:00pm

The investment involved two large venture capital firms,Korea Investment Partners, the country's largest venture capital, and SBI Investment Korea.

Key Points: 
  • The investment involved two large venture capital firms,Korea Investment Partners, the country's largest venture capital, and SBI Investment Korea.
  • The investment will be used to secure IPs for popular games and develop technologies for blockchain gaming, while focusing on upgrading the development of Blockchain game service platform PlayDapp.
  • SBI Investment Korea Director Lee Joo-hyuk said, "It is expected that the game industry's use of blockchain technology will become active around the world.
  • "We are expecting the value of dApp and the blockchain game service platform 'PlayDapp' which SuperTree is developing to increase further," he said.

SBI Announces Strategic Investment by CIP Capital

Friday, January 17, 2020 - 10:16pm

DALLAS, Jan. 17, 2020 /PRNewswire/ --Sales Benchmark Index (SBI), a leading management consulting firm exclusively focused on revenue growth, announced the completion of a strategic investment by CIP Capital.

Key Points: 
  • DALLAS, Jan. 17, 2020 /PRNewswire/ --Sales Benchmark Index (SBI), a leading management consulting firm exclusively focused on revenue growth, announced the completion of a strategic investment by CIP Capital.
  • As part of the transaction, the SBI management team will continue to lead the firm during its next phase of growth and retain a significant ownership stake alongside CIP Capital.
  • "Our partnership with CIP Capital allows SBI to continue investing in new solutions and capabilities for our clients.
  • CIP targets investments in sectors, including tech-enabled business services, data-driven marketing services, human capital management, and knowledge services.

Comviva Leverages HCE Technology to Power the SBI Card Pay Service

Monday, December 16, 2019 - 11:36am

- The new service will deliver swift, seamless, secure and convenientcontactless mobile payments to customers

Key Points: 
  • - The new service will deliver swift, seamless, secure and convenientcontactless mobile payments to customers
    NEW DELHI, Dec. 16, 2019 /PRNewswire/ -- SBI Card has recently launched the SBI Card Pay service that enables customers to create a virtual card on their mobile phone for their physical Visa SBI credit card.
  • Besides SBI Card app, the service is powered by Comviva's HCE Module from its mobiquity Banking suite , that leverages host card emulation (HCE) technology and tokenisation to deliver swift, seamless, secure and convenient contactless mobile payments to customers.
  • To avail of the SBI Card Pay service, customers with an Android smartphone (housing Android OS KitKat version 4.4 and above) have to register their Visa SBI credit card on the SBI Card mobile application.
  • The SBI Card Pay service uses tokenisation to convert a customer's card information into a device-specific digital token.

Comviva Leverages HCE Technology to Power the SBI Card Pay Service

Monday, December 16, 2019 - 11:26am

NEW DELHI, Dec. 16, 2019 /PRNewswire/ -- SBI Card has recently launched the SBI Card Pay service that enables customers to create a virtual card on their mobile phone for their physical Visa SBI credit card.

Key Points: 
  • NEW DELHI, Dec. 16, 2019 /PRNewswire/ -- SBI Card has recently launched the SBI Card Pay service that enables customers to create a virtual card on their mobile phone for their physical Visa SBI credit card.
  • Besides SBI Card app, the service is powered by Comviva's HCE Module from its mobiquity Banking suite , that leverages host card emulation (HCE) technology and tokenisation to deliver swift, seamless, secure and convenient contactless mobile payments to customers.
  • To avail of the SBI Card Pay service, customers with an Android smartphone (housing Android OS KitKat version 4.4 and above) have to register their Visa SBI credit card on the SBI Card mobile application.
  • The SBI Card Pay service uses tokenisation to convert a customer's card information into a device-specific digital token.

Notice Regarding Establishment of SBI PayKey Asia Co., Ltd That Engages in Financial Services Via Smartphone Keyboard

Tuesday, November 5, 2019 - 10:00am

Over 20 financial institutions around the world have already introduced this solution, with more expected to do so in the near future.

Key Points: 
  • Over 20 financial institutions around the world have already introduced this solution, with more expected to do so in the near future.
  • In Japan, several financial institutions are on the move for the introduction of the solution.
  • SBI PayKey enables banks to seamlessly deliver users a variety of financial services through day-to-day chats.
  • Going forward, SBI PayKey plans to cooperate with other SBI Group companies to promote the use of PayKey by financial and non-financial companies in the Japanese market, and to accelerate its business development throughout Asia.

Notice Regarding Establishment of SBI PayKey Asia Co., Ltd That Engages in Financial Services Via Smartphone Keyboard

Tuesday, November 5, 2019 - 10:00am

Over 20 financial institutions around the world have already introduced this solution, with more expected to do so in the near future.

Key Points: 
  • Over 20 financial institutions around the world have already introduced this solution, with more expected to do so in the near future.
  • In Japan, several financial institutions are on the move for the introduction of the solution.
  • SBI PayKey enables banks to seamlessly deliver users a variety of financial services through day-to-day chats.
  • Going forward, SBI PayKey plans to cooperate with other SBI Group companies to promote the use of PayKey by financial and non-financial companies in the Japanese market, and to accelerate its business development throughout Asia.

SBI General Insurance Goes Live with EbixCash’s Channel Management System Exchange Service

Thursday, October 31, 2019 - 11:31am

Also known as Producer Support System, it administers the end-to-end automation of key insurance functions such as Onboarding Partners, Hierarchy and Compensation Management.

Key Points: 
  • Also known as Producer Support System, it administers the end-to-end automation of key insurance functions such as Onboarding Partners, Hierarchy and Compensation Management.
  • Rikhil Shah, CFO, SBI General Insurance said, SBIG has been making consistent developments to meet changing customer needs and regulatory requirements while keeping growth in focus.
  • SBI General Insurance follows a robust multi-distribution model encompassing Bancassurance, Agency, Broking and Retail Direct Channels.
  • SBI General Insurance closed the financial year 2018-19 with a Gross Written Premium of Rs.