Mehta Group

Scale Computing Announces 2024 Speakers for Second Annual Platform Summit

Retrieved on: 
Tuesday, February 6, 2024

INDIANAPOLIS, Feb. 6, 2024 /PRNewswire/ -- Scale Computing, a market leader in edge computing, virtualization, and hyperconverged solutions, today announced the speaker lineup for its Scale Computing Platform Summit (Platform//2024). The second annual event, held April 16-18, 2024 at Resorts World in Las Vegas, NV, is open to all Scale Computing customers, partners, and technology alliances.

Key Points: 
  • The second annual event, held April 16-18, 2024 at Resorts World in Las Vegas, NV, is open to all Scale Computing customers, partners, and technology alliances.
  • Over 2,300 attendees are expected at this Platform Summit, including Scale Computing customers and its reseller and technology alliance partners.
  • Leaders from Scale Computing will share insights into the company's Product Roadmap, as well information about Scale Computing Platform (SC//Platform) and its other products and services.
  • Current sponsors of the 2024 Scale Computing Platform Summit include Mako Networks , Simply NUC , OpenText , Dell , Climb Channel Solutions , Eaton , Lenovo , The Channel Company , and Ingram Micro .

Refinancing of South Africa Debt Facilities to 2028

Retrieved on: 
Tuesday, February 21, 2023

LUXEMBOURG, Feb. 21, 2023 /PRNewswire/ -- Ardagh Group S.A. announces that its subsidiary, Ardagh Glass Packaging - Africa (formerly Consol Glass) has successfully completed the refinancing of the South African debt facilities assumed at the time of the Consol Glass acquisition in April 2022.

Key Points: 
  • LUXEMBOURG, Feb. 21, 2023 /PRNewswire/ -- Ardagh Group S.A. announces that its subsidiary, Ardagh Glass Packaging - Africa (formerly Consol Glass) has successfully completed the refinancing of the South African debt facilities assumed at the time of the Consol Glass acquisition in April 2022.
  • Under the terms of the refinancing, maturities have been extended to 2028, from 2023, and the total facilities were increased by approximately ZAR 3 billion.
  • This refinancing was undertaken with the existing syndicate of South African banks (FirstRand Bank, Standard Bank of South Africa, Nedbank and ABSA Bank) which continued to show their support to Ardagh Glass Packaging - Africa.
  • This reflects the longstanding track record of the Ardagh Glass Packaging - Africa team and business, and its commitment to serve growing demand for sustainable glass packaging in the region.

Círculo de Crédito Helps An Additional 20 Million Mexicans Access Credit Using FICO Scores

Retrieved on: 
Monday, May 23, 2022

With around 10 million Mexicans lacking enough credit history to calculate a risk score, Crculo de Crdito worked with FICO to develop FICO Extended Score, which analyzes information on a credit applicants household credit history, to score people with no credit history who might otherwise find it hard to get credit.

Key Points: 
  • With around 10 million Mexicans lacking enough credit history to calculate a risk score, Crculo de Crdito worked with FICO to develop FICO Extended Score, which analyzes information on a credit applicants household credit history, to score people with no credit history who might otherwise find it hard to get credit.
  • Using this alternative data in the FICO Extended Score allows millions of people, such as students and homemakers, to access credit for the first time.
  • The score was built on the information of 70 million Mexicans, using 700 million credit data points and allows Crculo to assess 96 percent of applicants.
  • Lenders trust the FICO Score and use it for their credit origination 90 percent of Crculos credit reports now include a FICO Score.

Small to Midsize Banks Benefit from Reduced Fraud with Award-Winning Fiserv Solution Leveraging FICO Analytics

Retrieved on: 
Thursday, March 3, 2022

Fiserv developed a new fraud mitigation service that has reduced fraud losses, which were already low by industry standards, by 10 to 15% for its small to midsize credit union and bank clients.

Key Points: 
  • Fiserv developed a new fraud mitigation service that has reduced fraud losses, which were already low by industry standards, by 10 to 15% for its small to midsize credit union and bank clients.
  • Card Risk Mitigation: EnFact Advanced Scoring from Fiserv builds on FICO Falcon Fraud Manager by adding patented neural network modeling technology to deliver real-time detection of suspicious card transactions.
  • The solution brings together the enhanced artificial intelligence capabilities of Adaptive Analytics , FICO Fraud Predictor and Global Intelligent Profiles, providing a cohesive, complementary and holistic approach.
  • The grouping of these FICO models enables Fiserv to provide a solution that adapts to fraud as it evolves through any client, cardholder, channel, or transaction type.

ABSA Bank wins big at the 9th edition of Global Brands Magazine Awards

Retrieved on: 
Wednesday, March 2, 2022

LONDON, March 2, 2022 /PRNewswire/ -- The Global Brand Awards is an annual event held by Global Brands Magazine (GBM), an international publication headquartered in the UK. The award aims to recognise global brands achieving excellence in performance across a broad range of sectors while keeping its readers updated on key trends surrounding the branding world. The Absa Bank (Mauritius) was evaluated based on customer service, satisfaction, digital innovation, strategic relationships and new business development.

Key Points: 
  • LONDON, March 2, 2022 /PRNewswire/ -- The Global Brand Awards is an annual event held by Global Brands Magazine (GBM), an international publication headquartered in the UK.
  • The Absa Bank (Mauritius) was evaluated based on customer service, satisfaction, digital innovation , strategic relationships and new business development.
  • Commenting on NBB winning the awards, ShivKumar (CEO) of Global Brands Magazine said, "We are so impressed by Absa Bank's ability to innovate and adopt digital trends in their banks.
  • Commenting on winning the awards, Sandeep Mohapatra, Head of Digital Transformation of Technology, said, " Absa Mauritius recently won two prestigious awards from the Global Brands Magazine - namely "Best Digital Bank" and "Most Innovative Bank" in Mauritius -, hence reinforcing our belief in the bold digital transformation journey Absa has embarked on.

ABSA Bank wins big at the 9th edition of Global Brands Magazine Awards

Retrieved on: 
Wednesday, March 2, 2022

LONDON, March 2, 2022 /PRNewswire/ -- The Global Brand Awards is an annual event held by Global Brands Magazine (GBM), an international publication headquartered in the UK.

Key Points: 
  • LONDON, March 2, 2022 /PRNewswire/ -- The Global Brand Awards is an annual event held by Global Brands Magazine (GBM), an international publication headquartered in the UK.
  • The Absa Bank (Mauritius) was evaluated based on customer service, satisfaction, digital innovation , strategic relationships and new business development.
  • Commenting on NBB winning the awards, ShivKumar (CEO) of Global Brands Magazine said, "We are so impressed by Absa Bank's ability to innovate and adopt digital trends in their banks.
  • Commenting on winning the awards, Sandeep Mohapatra, Head of Digital Transformation of Technology, said, " Absa Mauritius recently won two prestigious awards from the Global Brands Magazine - namely "Best Digital Bank" and "Most Innovative Bank" in Mauritius -, hence reinforcing our belief in the bold digital transformation journey Absa has embarked on.

Inaugural Forbes Under 30 Summit Africa To Take Place In Botswana In April 2022

Retrieved on: 
Wednesday, February 23, 2022

Forbes today announced its first-ever Under 30 Summit Africa to be held in Botswana April 24th-29th 2022 bringing together 600 participants, one-third from the Under 30 Africa community, one-third from our host (Botswana), and one-third from the Under 30 community worldwide for mentorship, networking and important conversations centered around sustainability, innovations and entrepreneurship.

Key Points: 
  • Forbes today announced its first-ever Under 30 Summit Africa to be held in Botswana April 24th-29th 2022 bringing together 600 participants, one-third from the Under 30 Africa community, one-third from our host (Botswana), and one-third from the Under 30 community worldwide for mentorship, networking and important conversations centered around sustainability, innovations and entrepreneurship.
  • The Forbes Under 30 summit highlights Botswanas commitment to open its doors for business, says His Excellency Dr Mokgweetsi Masisi, President of the Republic of Botswana.
  • The Republic of Botswana and De Beers Group are the anchor sponsors of the 2022 Forbes Under 30 Summit Africa.
  • Forbes recently announced plans to go public through a business combination with Magnum Opus (NYSE: OPA), a special purpose acquisition company (SPAC), which is expected to close in Q1 2022.

Global Industry Experts to Judge 2022 FICO Decisions Awards

Retrieved on: 
Tuesday, November 23, 2021

FICO announces panel of independent industry judges for 2022 awards.

Key Points: 
  • FICO announces panel of independent industry judges for 2022 awards.
  • FICO has announced its panel of independent judges for the 2022 FICO Decisions Awards, which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs.
  • The bench of eight global industry experts brings a variety of views and knowledge to the table along with significant business experience.
  • "Once again we have a wonderfully talented and diverse panel of judges for this year's awards," said Nikhil Behl, chief marketing officer at FICO.

IHS Holding Limited Announces Pricing of Initial Public Offering

Retrieved on: 
Thursday, October 14, 2021

IHS Holding Limited (IHS Towers), one of the largest independent owners, operators and developers of shared telecommunications infrastructure in the world, announced today the pricing of its initial public offering of 18,000,000 ordinary shares being offered by IHS Towers, at a public offering price of $21.00 per share.

Key Points: 
  • IHS Holding Limited (IHS Towers), one of the largest independent owners, operators and developers of shared telecommunications infrastructure in the world, announced today the pricing of its initial public offering of 18,000,000 ordinary shares being offered by IHS Towers, at a public offering price of $21.00 per share.
  • The underwriters of the offering will also have a 30-day option to purchase up to an additional 2,700,000 ordinary shares from IHS Towers at the initial public offering price, less the underwriting discount.
  • The ordinary shares are expected to begin trading on the New York Stock Exchange on October 14, 2021 under the ticker symbol IHS.
  • RBC Capital Markets, LLC, Barclays Capital Inc. and Absa Bank Limited are acting as joint book-running managers for the offering.

IHS Holding Limited Launches Initial Public Offering

Retrieved on: 
Monday, October 4, 2021

IHS Holding Limited (IHS Towers), one of the largest independent owners, operators and developers of shared telecommunications infrastructure in the world, announced today that it has commenced an initial public offering of 22,500,000 ordinary shares, 18,000,000 of which are being offered by IHS Towers and 4,500,000 of which are being offered by certain selling shareholders.

Key Points: 
  • IHS Holding Limited (IHS Towers), one of the largest independent owners, operators and developers of shared telecommunications infrastructure in the world, announced today that it has commenced an initial public offering of 22,500,000 ordinary shares, 18,000,000 of which are being offered by IHS Towers and 4,500,000 of which are being offered by certain selling shareholders.
  • The underwriters of the offering will also have a 30-day option to purchase up to an additional 2,700,000 ordinary shares from IHS Towers and 675,000 ordinary shares from the selling shareholders at the initial public offering price.
  • The initial public offering price is currently estimated to be between $21.00 and $24.00 per share.
  • IHS Towers has been approved to list its ordinary shares on the New York Stock Exchange under the ticker symbol IHS.