Stanbic Bank Kenya Chooses Orion Innovation to Modernize its Banking Platform
![From Left to Right: Dr. Joshua Oigara, CEO at Stanbic Bank Kenya and South Sudan; Alex Siboe, Head of Technology at Stanbic Bank Kenya; Mustajab Ali, Director Business Development, MEA at Orion Innovation; and Anoop Gala Orion’s Global Head of Financial Services (PRNewsfoto/Orion Innovation)](https://worldbusinessoutlook.com/wp-content/uploads/2024/05/Stanbic-Bank-Kenya-Partners-with-Orion-Innovation-1024x576.png)
Orion Innovation (“Orion”),a leading digital transformation and product development services firm, on 23rd May, announced it has signed a deal with Stanbic Bank Kenya to facilitate a core banking upgrade and modernization effort. As part of the agreement, Orion will implement Temenos’ cloud-based digital banking platform within Stanbic Bank Kenya’s operations, enabling enhanced customer experiences and delivering innovative […]
HoneyNaps, an AI Sleep Technology Company, secures USD 11.6 million Series B investment
![HoneyNaps-Solutions](https://worldbusinessoutlook.com/wp-content/uploads/2024/05/HoneyNaps-Solutions-1024x576.png)
HoneyNaps, an industry-leading South Korean company in artificial intelligence (AI) sleep data analysis, announced on the 7th that it has closed its series B round of funding, securing $11.6 million. The series B funding is a successful achievement, nearly three times the $3.9 million raised through series A funding back in 2021. With the listing contract signed with Korea […]
United States Steel Opens Operations-Ready DR-Grade Pellet Production Facility in Minnesota
![Minnesota Governor Tim Walz; David B. Burritt, President and CEO of U. S. Steel; Kristen Vake, Executive Director, Iron Mining Association of Minnesota; and Travis Kolari, Head of Operations, U. S. Steel Minnesota Ore Operations cut the ribbon on U. S. Steel's new DR-Grade pellet plant. (Photo: Business Wire)](https://worldbusinessoutlook.com/wp-content/uploads/2024/05/US-Steel-New-Minnesota-Plant-Opening-1024x576.png)
U. S. Steel (NYSE: X) (“U. S. Steel”) on 23rd May announced the launch and operational readiness of its direct reduced (DR)-grade pellet production facility at its Minnesota Ore Operations-Keetac Plant. Having already confirmed the first shipment of DR-grade pellets, the Keetac facility is on track to deliver approximately four million tons of pellets annually. […]
ProAssurance Elects Richard J. Bielen, C.P.A., and Staci M. Pierce, J.D., to its Board
![Richard-J.-Bielen-CPA-Left-Staci-M.-Pierce-JD-Right-Photo-Business-Wire](https://worldbusinessoutlook.com/wp-content/uploads/2024/05/Richard-J.-Bielen-CPA-Left-Staci-M.-Pierce-JD-Right-Photo-Business-Wire-1024x576.png)
ProAssurance Corporation (NYSE: PRA) on 23rd May announced that at its Annual Meeting of Shareholders held on May 22, shareholders elected new directors Richard J. Bielen, C.P.A., and Staci M. Pierce, J.D., and re-elected directors Bruce D. Angiolillo, J.D. (chairman), and Samuel A. Di Piazza, Jr., C.P.A., to serve three-year terms expiring at the company’s 2027 […]
Oklo to Deliver 100 Megawatts to its Data Centers in Partnership with Wyoming Hyperscale
![Oklo-Aurora-powerhouse-Image-Gensler](https://worldbusinessoutlook.com/wp-content/uploads/2024/05/Oklo-Aurora-powerhouse-Image-Gensler-1024x576.png)
Oklo Inc. (NYSE: OKLO), a fast-fission clean power technology and nuclear fuel recycling company, announced its collaboration with Wyoming Hyperscale to supply 100 megawatts of clean power to a state-of-the-art data center campus. The companies have signed a non-binding letter of intent outlining their intent to enter into a 20-year Power Purchase Agreement, highlighting Oklo’s […]
White Label World Expo New York
![White-Label-World-Expo-logo](https://worldbusinessoutlook.com/wp-content/uploads/2024/05/White-Label-World-Expo-logo-1024x576.png)
White Label World Expo is right around the corner! Join us at the leading event for professional online sellers to meet cutting-edge white-label goods suppliers! The show is returning to the Javits Center, New York on May 30th & 31st, and will host thousands of visitors looking to source white-label and private-label products, as well […]