News from June 2023
Citi Asia Pacific CEO: 'We are honored to be recognized as the leading digital bank in the region by The Asset Magazine'
By Globe Banner Report | Jun 30, 2023
Citi has been awarded the title of Digital Bank of the Year - Asia Pacific by The Asset Magazine in the publication's annual Triple A Digital Awards, according to Citi's website.
BIS research head: 'We are at the cusp of another major leap in the monetary and financial system'
By Globe Banner Report | Jun 30, 2023
Hyun-Song Shin, head of research at the Bank for International Settlements (BIS), issued a news release last week, stating that a shift in the monetary and financial system is imminent, carrying profound implications for the economy and society as a whole.
Binance ‘formally recognized by Israel's National Bureau for Counter Terror Finance’ for assisting in seizing Hezbollah funds
By Globe Banner Report | Jun 30, 2023
Binance, the largest cryptocurrency exchange in the world, is being recognized by the Israeli government for its role in assisting in the seizure of funds tied to the terrorist organization Hezbollah. Binance said its Sanctions Investigation Team and members of its other compliance teams helped Israel’s National Bureau for Counter Terror Financing (NBCTF) and the Israeli National Cybercrime Unit identify and freeze the funds.
Corporate Wokeism: Q&A with the New Tolerance Campaign
By Federal Newswire | Jun 30, 2023
Gregory Angelo is the President of the New Tolerance Campaign. He is is the former President of the Log Cabin Republicans.
Columbus McKinnon CEO on acquisition: ‘We are excited to have the montratec team join Columbus McKinnon’
By Globe Banner Report | Jun 30, 2023
Columbus McKinnon Corporation has finalized the acquisition of automation solutions company, montratec GmbH. According to a recent press release, the addition will “enhance leading precision conveying platforms with asynchronous intelligent automation and transport systems.”
Head of BIS Innovation Hub London Centre: Digital currency research project 'can make a significant contribution'
By Globe Banner Report | Jun 29, 2023
Project Rosalind, a joint experiment on central bank digital currencies conducted by the BIS Innovation Hub London Centre and the Bank of England, has demonstrated that a well-designed Application Programing Interface (API) that allows devices to communicate with each other could work with different private-sector applications and central bank ledger designs.
Learneo CEO on new acquisition: The addition 'helps us deliver on our vision by expanding our educational offering'
By Globe Banner Report | Jun 29, 2023
Learneo, Inc. has signed and finalized a definitive agreement to acquire the Digital Student Solutions (DSS) segment of Barnes & Noble Education, Inc., according to a press release. The transaction includes bartleby® and Student Brands.
Randall: 'Pismo was selected based on its core expertise and knowledge in cloud-based banking and payments capabilities'
By Globe Banner Report | Jun 28, 2023
Citi Treasury and Trade Solutions (TTS) and Pismo, a banking and payments software company, have announced a collaborative partnership, according to the Citi website.
Patil: 'Sustainable deposit solutions... have proved to be a popular investment option'
By Globe Banner Report | Jun 28, 2023
There is a growing demand for customized sustainable solutions among clients in India, according to Mridula Iyer, head of Treasury and Trade Solutions at Citi India and South Asia.
Cargill expands its agriculture program to Europe 'to reduce emissions, improve water quality'
By Globe Banner Report | Jun 28, 2023
Cargill has expanded its Europe-based regenerative agriculture program to include farmers in Germany, Poland, Romania and France.
American Airlines raises profit forecast following profit increases that ‘mark a drastic improvement from the first quarter of 2022’
By Globe Banner Report | Jun 27, 2023
American Airlines reported an increase in earnings during this year’s second financial quarter as a result of rising travel demand and lower fuel prices.
WTO chief 'extends heartfelt appreciation' for Netherlands' support of fisheries program
By Globe Banner Report | Jun 26, 2023
The Netherlands recently made good on its pledge of EUR 1 million (about $1.1 million) to the World Trade Organization’s (WTO) Fisheries Funding Mechanism as part of an effort to aid developing and least-developed countries in implementing the Agreement on Fisheries Subsidies.
Belize joins WTO, accepts Agreement on Fisheries Subsidies
By Globe Banner Report | Jun 26, 2023
Belize became the initial Central American member of the World Trade Organization (WTO) and the first member of the Caribbean Community (CARICOM) to deposit its acceptance for the Agreement on Fisheries Subsidies.
RéVive Skincare Expands its slate of Brand Partners to ‘brings a new voice and new community to our evolving brand awareness’
By Globe Banner Report | Jun 26, 2023
RéVive, based in New York, has expanded its catalog of brand partners based across the US and UK regions, welcoming a team of industry professionals to represent and leverage the brand.
Lear establishes connection Systems Plant in Morocco ‘to reach new audiences and markets worldwide’
By Globe Banner Report | Jun 25, 2023
Global automotive technology leader in Seating and E-Systems, Lear Corporation confirmed plans to establish a Connection Systems plant in Morocco. The new addition is scheduled to launch during the third quarter of 2023.
Interval International expands network in Southeast Asia amid findings of mutual ‘elevated standards for their affiliated resorts’
By Globe Banner Report | Jun 24, 2023
Interval International recently became affiliated Alma, a high-end resort owned and operated by Paradise Bay Resort Company Limited, based in Vietnam.
Dairy Queen International on receiving global recognition for sourcing cage-free eggs: 'We are on track to meet our 2025 cage-free egg commitment'
By Globe Banner Report | Jun 23, 2023
Lever Foundation, recently recognized Dairy Queen International, based in Minnesota, for its emphasis on sourcing cage-free eggs and egg ingredients for stores across the globe by 2025, according to a press release.
ANZ warns customers about increased scam risks during end-of-year tax season
By Globe Banner | Jun 23, 2023
As the financial year draws to a close, ANZ has issued a warning to Australians about the heightened risk of scams and fraud.
Impact Analytics CEO: 'We appreciate Vistara Growth's faith in our continuing success'
By Globe Banner Report | Jun 23, 2023
Impact Analytics, based in Maryland, has closed its Vistara Growth funding, according to a press release. The news is confirmed months after the funding was secured in February 2021 and October 2022 from Argentum.
JetBlue VP on expanding flight network: 'We are proud to continue diversifying our network and to introduce even more options to connect'
By Globe Banner Report | Jun 22, 2023
Earlier this month, JetBlue confirmed plans to expand its flight network across the U.S. and the Caribbean, according to a press release. The airline has added two new destinations to its catalog and improved connections to prominent U.S. cities, including New York, Boston, Orlando and Los Angeles.