Transaction banking

Peoples Group appoints John Landry as President and Chief Executive Officer

Retrieved on: 
Friday, May 3, 2024

TORONTO, May 03, 2024 (GLOBE NEWSWIRE) -- Peoples Group takes great pleasure in announcing today the appointment of John Landry as President and Chief Executive Officer.

Key Points: 
  • TORONTO, May 03, 2024 (GLOBE NEWSWIRE) -- Peoples Group takes great pleasure in announcing today the appointment of John Landry as President and Chief Executive Officer.
  • On his appointment, John says, “Peoples Group is an outstanding organization with an abundance of talented, smart, and hard-working colleagues.
  • The Peoples Team and I appreciate his contribution and the future made possible by his efforts over many years.” said John.
  • We know he will be an ideal fit within our collaborative culture," said David Ghermezian, Chairman of Peoples Group.

AFP Whitepapers Outline Best Practices for Treasury Transformation in the Asia-Pacific and Middle East and Africa Regions

Retrieved on: 
Tuesday, March 26, 2024

ROCKVILLE, Md., March 26, 2024 /PRNewswire/ -- The Association for Financial Professionals (AFP) has released two whitepapers, "Treasury Transformation: Insights from Asia-Pacific (APAC)" and "Treasury Transformation: Insights from the Middle East and Africa (MEA)," both underwritten by Standard Chartered, to provide a framework for managing any type of treasury transformation project.

Key Points: 
  • ROCKVILLE, Md., March 26, 2024 /PRNewswire/ -- The Association for Financial Professionals (AFP) has released two whitepapers, " Treasury Transformation: Insights from Asia-Pacific (APAC) " and " Treasury Transformation: Insights from the Middle East and Africa (MEA) ," both underwritten by Standard Chartered, to provide a framework for managing any type of treasury transformation project.
  • Commenting on themes that emerged from the 2023 AFP Treasury Benchmarking Survey on Treasury Transformation, the two whitepapers identify best practices for treasury transformation in each of their respective regions.
  • In the APAC region, three keys to a successful treasury transformation project include:
    Consulting with experts to navigate nuances in regulations and market practices across borders.
  • "The best practices outlined in the two whitepapers can help treasurers in the APAC and MEA regions successfully implement treasury transformation projects of all types."

BEST Vietnam Partners with Techcombank to Boost Cashless Payments Through Dynamic QR Code

Retrieved on: 
Friday, August 25, 2023

HANGZHOU, China, Aug. 25, 2023 /PRNewswire/ -- BEST Vietnam under BEST Inc., a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia, today announced a cooperation with Techcombank to enhance cashless payments through QR code scanning.

Key Points: 
  • HANGZHOU, China, Aug. 25, 2023 /PRNewswire/ -- BEST Vietnam under BEST Inc., a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia, today announced a cooperation with Techcombank to enhance cashless payments through QR code scanning.
  • Customers when receiving packages delivered by BEST Express, can now scan dynamic QR code to make cashless payments.
  • The solution was awarded as "Best Collection Management solution via Virtual Account Southeast Asia" by The Asian Banker, and as the "Best Cash Management and Transaction Bank in Vietnam" by The Asian Banker.
  • Earlier this year, BEST Vietnam has cooperated with VNPAY, a local e-wallet app, to promote cashless payment among its customers.

Standard Chartered Joins AFP DEI Initiative

Retrieved on: 
Tuesday, August 8, 2023

BETHESDA, Md. , Aug. 8, 2023 /PRNewswire/ -- The Association for Financial Professionals (AFP) announced that Standard Chartered has joined AFP's DEI Initiative for Treasury and Finance, which introduces treasury and finance careers to college students and early career professionals and helps them further develop their careers.

Key Points: 
  • Standard Chartered will collaborate with the Association for Financial Professionals in its efforts to introduce treasury and finance careers to underrepresented communities.
  • , Aug. 8, 2023 /PRNewswire/ -- The Association for Financial Professionals (AFP) announced that Standard Chartered has joined AFP's DEI Initiative for Treasury and Finance , which introduces treasury and finance careers to college students and early career professionals and helps them further develop their careers.
  • Standard Chartered will work with AFP to empower students and early career professionals through professional development, skills building, ongoing training and continuous learning.
  • "We look forward to working with Standard Chartered to empower individuals from diverse backgrounds to become the next generation of leaders that will propel the profession forward."

Standard Chartered Joins AFP DEI Initiative

Retrieved on: 
Tuesday, August 8, 2023

BETHESDA, Md., Aug. 8, 2023 /PRNewswire/ -- The Association for Financial Professionals (AFP) announced that Standard Chartered has joined AFP's DEI Initiative for Treasury and Finance, which introduces treasury and finance careers to college students and early career professionals and helps them further develop their careers.

Key Points: 
  • Standard Chartered will collaborate with the Association for Financial Professionals in its efforts to introduce treasury and finance careers to underrepresented communities.
  • BETHESDA, Md., Aug. 8, 2023 /PRNewswire/ -- The Association for Financial Professionals (AFP) announced that Standard Chartered has joined AFP's DEI Initiative for Treasury and Finance , which introduces treasury and finance careers to college students and early career professionals and helps them further develop their careers.
  • Standard Chartered will work with AFP to empower students and early career professionals through professional development, skills building, ongoing training and continuous learning.
  • As part of the initiative, AFP offers grants for its annual conference.

MUFG Investor Services Expands Banking Solutions to Provide Global Payment and Cash Management Services to Clients

Retrieved on: 
Wednesday, July 12, 2023

MUFG Investor Services, a global leader in asset servicing, banking, and fund financing for the alternative investment management industry, today announced plans to expand its banking solutions to address global client demand for payment and cash management services.

Key Points: 
  • MUFG Investor Services, a global leader in asset servicing, banking, and fund financing for the alternative investment management industry, today announced plans to expand its banking solutions to address global client demand for payment and cash management services.
  • To support this strategic direction, Adil Rehman has been appointed Managing Director, Global Head of Payments and Liquidity, to lead the development and growth of these services.
  • In addition to bank accounts, liquidity solutions and escrow services, the expanded banking solutions will include foreign exchange payments, wire transfers and local automated clearing house (ACH) payments.
  • “The expansion of our banking services is a testament to MUFG Investor Services’ commitment to creating synergistic opportunities to unlock exceptional value for our clients,” said John Sergides, Chief Executive Officer of MUFG Investor Services.

Barclays announces new leadership for Global Equities

Retrieved on: 
Tuesday, May 23, 2023

Barclays today announces the appointment of Scott McDavid and Ronnie Wexler as Global Head of Equities, and Global Head of Equities Distribution respectively.

Key Points: 
  • Barclays today announces the appointment of Scott McDavid and Ronnie Wexler as Global Head of Equities, and Global Head of Equities Distribution respectively.
  • He joins Barclays after close to 20 years at Morgan Stanley where he was most recently Co-Head of Equities Trading for Americas.
  • In this role, Scott will lead the Barclays Global Equities team and have oversight and responsibility for Equities Distribution and Prime.
  • Their appointments reflect Barclays ambition for the Equities business, and broader aspirations within Global Markets and the Corporate and Investment Bank.

United Bank for Africa (UBA) and HammerPay Partner on Digital E-Wallet to Boost Transactions in Liberia, West Africa

Retrieved on: 
Wednesday, May 3, 2023

The UBA Remit digital e-wallet service will be first available in Liberia, with the launch of its first batch of products: UBA Remit Wallet - Personal; and UBA Remit Wallet - Merchant.

Key Points: 
  • The UBA Remit digital e-wallet service will be first available in Liberia, with the launch of its first batch of products: UBA Remit Wallet - Personal; and UBA Remit Wallet - Merchant.
  • The Apps for these products were released to the Google Play and Apple App Stores, on March 10th, 2023.
  • With the rollout, users including customers and non-customers will enjoy the convenience of cashless transactions under one financial umbrella.
  • We are very excited to launch our own UBA digital e-wallet, and merchant transaction Fintech service in collaboration with HammerPay to strongly compete in the market."

Infosys: Industry leading FY23 revenue growth of 15.4% with healthy 21.0% operating margins

Retrieved on: 
Thursday, April 13, 2023

BENGALURU, India, April 13, 2023 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $18.2 billion in FY23 revenues with industry-leading growth of 15.4% in constant currency and operating margins of 21.0%. Growth was broad-based across industry verticals and geographical regions. Digital comprised 62.2% of overall revenues and grew at 25.6% in constant currency.

Key Points: 
  • Executing on our capital allocation policy, we successfully completed the share buyback and have proposed a final dividend of `17.50 for FY23", he added.
  • For FY23, the Board has recommended a final dividend of ₹17.50 per share ($0.21 per ADS*).
  • Together with the interim dividend of ₹16.50 per share already paid, the total dividend per share for FY23 will amount to ₹34.00 (app.
  • The company has completed the open market share buyback on February 13, at an average price of approx.

Infosys: Industry leading FY23 revenue growth of 15.4% with healthy 21.0% operating margins

Retrieved on: 
Thursday, April 13, 2023

BENGALURU, India, April 13, 2023 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $18.2 billion in FY23 revenues with industry-leading growth of 15.4% in constant currency and operating margins of 21.0%. Growth was broad-based across industry verticals and geographical regions. Digital comprised 62.2% of overall revenues and grew at 25.6% in constant currency.

Key Points: 
  • Executing on our capital allocation policy, we successfully completed the share buyback and have proposed a final dividend of `17.50 for FY23", he added.
  • For FY23, the Board has recommended a final dividend of ₹17.50 per share ($0.21 per ADS*).
  • Together with the interim dividend of ₹16.50 per share already paid, the total dividend per share for FY23 will amount to ₹34.00 (app.
  • The company has completed the open market share buyback on February 13, at an average price of approx.