Bank of America Increases US Minimum Hourly Wage to $23 as Next Step to $25 by 2025
Bank of America announced it has again increased its U.S. minimum hourly wage for employees on its stated path to $25 by 2025. The company will move to $23 in October. By 2025, its minimum hourly wage will have increased…
Bank of America’s Inventor Base Exceeds 7,000
Bank of America announced their inventor base has grown to more than 7,000 employees around the world. These talented inventors have helped grow the bank’s patent portfolio to over 6,100 active patents and applications. Their contributions have resulted in the…
BofA Continues to Modernize Trade Finance with the Launch of CashPro® Supply Chain Solutions
As part of a multi-year effort to transform trade finance, Bank of America is launching CashPro Supply Chain Solutions, a platform that will offer participants in a supply chain the benefits of digitization with improved process efficiency and working capital…
Cash value in respect of fractional entitlements to Prosus ordinary shares N listed on the JSE and A2X
1. INTRODUCTION Shareholders are referred to the declaration announcement published by Prosus on Friday, 25 August 2023, and the finalisation announcement (Finalisation Announcement) published by Prosus on Monday, 4 September 2023, regarding the Prosus Capitalisation Issue in connection with the removal of the…
Meet PlusOne, Prosus’s new Generative AI tool accelerating how our portfolio companies collaborate and innovate
Here at Prosus, we know that understanding where and how to deploy advanced AI tools is more than beneficial — it’s crucial to day-to-day business. While many companies are just embarking on their AI journey, we’re building on a strong foundation. We’ve dedicated…
Blackstone Integrates Leading Credit and Insurance Businesses to Form Blackstone Credit and Insurance (BXCI) in Push Toward Next $1 Trillion
Blackstone (NYSE: BX) announced today the integration of its market-leading corporate credit, asset-based finance, and insurance groups into a single new unit, Blackstone Credit & Insurance (BXCI). Credit and Insurance is Blackstone’s fastest-growing segment – more than doubling to $295 billion…
SoftBank Corp. and OneWebsign distribution partnership agreement todeliver OneWeb services across Japan
SoftBank Corp. (“SoftBank”) and Network Access Associates Ltd. (“OneWeb”) announced today that they have signed a Distribution Partnership Agreement to deliver satellite communication services across Japan. SoftBank and OneWeb will promote the delivery and upgrade of satellite communication services. OneWeb’s…
Morgan Stanley Expands Global Inclusive Ventures Lab with Largest Single Cohort of 23 Companies
Morgan Stanley (NYSE: MS) announced the 2023 global cohort of the Inclusive Ventures Lab, with 23 companies selected across North America and Europe, the Middle East and Africa (EMEA), double the size of previous cohorts. The Lab offers a five-month in-house…
BCIT and Mastercard announce over $460,000 in funding to support students, launch the new Mastercard Chair in Digital Trust
On 13th September 2023,the British Columbia Institute of Technology (BCIT) and Mastercard are proud to announce a partnership that will provide critical funding assistance for students in the School of Computing & Academic Studies, as well as advance research in…
Dynamic Yield positioned highest in execution and furthest in vision in 2023 Gartner magic quadrant for personalization engines
Dynamic Yield by Mastercard,announced it has been positioned both highest and furthest in the 2023 Gartner® Magic QuadrantTM for Personalization Engines* based on its ability to execute and completeness of vision. This marks the third consecutive year that the company has…
Mastercard and Paysend expand global collaboration to enhance cross-border payments for SMEs
Mastercard and Paysend, a UK-based fintech, have today expanded their collaboration to enhance cross-border payments for small and medium enterprises (SMEs), which are increasingly looking for ways to send money or pay vendors across the globe quickly and securely. While…
Xbox to launch the Xbox Mastercard, its first-ever credit card in the U.S., issued by Barclays
On 11th september,Xbox, Barclays and Mastercard announced the Xbox Mastercard, Xbox’s first-ever co-branded credit card in the United States. The no annual fee card provides players with best-of-both-worlds value they need for gaming and everyday purchases, including points to redeem…