The rise of credit cards fuelling the economy

The rise of credit cards fuelling the economy

Digital payments are bolstering the economy globally. Gone are the days when consumer transactions were done only in cash. This digital transformation of commerce has been developing the payment landscape. The expansion of card-based electronic payments has drastically changed how consumers pay for goods, how businesses are managed, and how the government makes and accepts […]

Pharmanovia acquires Global CNS Portfolio From Sanofi

James Burt, CEO, Pharmanovia

Pharmanovia, a global pharmaceutical company that commercialises novel medicines and revitalises, extends and expands the lifecycle of established medicines, recently announced the expansion of its neurology portfolio with the acquisition of 11 central nervous system (CNS) brands from global healthcare company, Sanofi. The brands span four therapy areas of ongoing unmet need associated with CNS […]

3rd Annual Modernscapes MENA 2023 to happen on 3rd to 4th October 2023 at Dubai

With more than 70% of world’s population expected to live in cities by 2050, the urban environment is growing and developing rapidly, which is an alarming call to reshape our cities in smarter ways in order to maintain the urban environment as well as the quality of life. The Future of landscaping in our ever-changing […]

Mechanics Bank appoints Robbin Preciado as VP & Director of retail banking

Robbin Preciado, Executive Vice President, Director of Retail Banking, Mechanics Bank

Mechanics Bank has named Robbin Preciado executive vice president and director of retail banking. The California banking veteran of more than 30 years will oversee all facets of the organization’s retail banking operation, which includes a statewide, 112-branch network. An accomplished professional who has led initiatives engaging retail banking, business banking, wealth management and other […]

Rikkeisoft commits Up to USD 30Mln investment in the U.S.

Mr. Tung Bui, SEVP of Rikkeisoft, CEO of RKTech (left, bottom) announced the investment of up to $30 million in the presence of Vietnam Prime Minister Pham Minh Chinh and a high-level delegation

Rikkeisoft, a private technology company in Vietnam, specializing in helping customers with digitalization and innovative solutions, is embarking on a strategic commitment to invest up to $30 million in the United States within the next three years. This significant investment will foster technology human resource development, expand infrastructure, and execute well-planned mergers and acquisitions (M&A). […]

HSBC welcomes Racquel Oden as Head of Wealth and Personal Banking

Racquel Oden, Head of Wealth and Personal Banking, HSBC US

HSBC USA recently announced that Racquel Oden has been appointed Head of Wealth and Personal Banking. In this role, she will oversee the bank’s wealth management, global private banking and retail businesses in the US. She will join the bank in December. Based in New York, Oden will report to Michael Roberts, CEO, US and […]

Swift and Wise team up to expand cross-border payments

Swift and Wise Join Forces to Expand Cross-Border Payment Options Globally

Swift and Wise have announced an innovative collaboration to increase cross-border payment options for financial institutions and their customers, enabling payments sent securely via Swift to complete seamlessly over Wise with end-to-end transparency. Financial institutions seeking to innovate their offerings will be able to route Swift payment messages directly to Wise Platform – Wise’s infrastructure […]