Tag: Finance

Visa Inc
United States

Visa’s Growth Corporates Working Capital Index Reveals 300% Increase in Working Capital Efficiency

October 20, 2024 Top performing growth corporates surveyed saved an average of $11 million, with virtual card usage jumping 32% SAN FRANCISCO – Visa (NYSE:V), a global leader in digital payments, announced the findings from its second annual global Growth Corporates Working Capital Index. The findings revealed an astounding increase in working capital usage and efficiency, with an 81% adoption rate of at least one working … Continue reading Visa’s Growth Corporates Working Capital Index Reveals 300% Increase in Working Capital Efficiency

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infineon
Global

Infineon launches SECORA™ Pay Green – the world’s first contactless payment card technology allowing for up to 100% reduction in plastic waste

Oct 16, 2024 | Business & Financial Press SECORA™ Pay Green paves the way for a more environmentally responsible future in the payment industry The eco-friendly Coil-on-Module (eCoM) package allows the use of recyclable materials and a recycling share of card bodies of up to 100% while reducing CO 2 in raw material sourcing and logistics by more than 60% Infineon is collaborating with major card manufacturers and payment schemes worldwide … Continue reading Infineon launches SECORA™ Pay Green – the world’s first contactless payment card technology allowing for up to 100% reduction in plastic waste

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sistema
Global

Sistema.bio Secures $15M in Additional Financing to Accelerate Global Expansion

October 14, 2024 Nairobi, Kenya, Oct 14, 2024 – Sistema.bio, a global leader in biogas technology, announces it has secured a package of US$15 million in financing to fuel its global growth. The company has grown its sales by over five times in the last three years, driven by deep climate, economic and health impacts for farmers worldwide. The current funds will support the continued growth … Continue reading Sistema.bio Secures $15M in Additional Financing to Accelerate Global Expansion

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EUR 72.6 million in investment aid granted to 13 clean energy projects
Europe

EUR 72.6 million in investment aid granted to 13 clean energy projects

Ministry of Economic Affairs and Employment Publication date 14.10.2024 – Press Release The Ministry of Economic Affairs and Employment has granted a total of EUR 44,546,484 in investment aid to 12 projects under the national Recovery and Resilience Plan (RRP). Moreover, by a decision supported by the Ministerial Finance Committee on 3 October, EUR 28,048,200 was granted to Nordic Ren-Gas Oy for a large demonstration … Continue reading EUR 72.6 million in investment aid granted to 13 clean energy projects

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Citi and Mastercard
United States

Citi and Mastercard Join Forces to Transform Global Cross-Border Payments

Citi is the first global bank to enable cross-border payments to Mastercard debit cards October 10, 2024 – NEW YORK – Today, Citi (NYSE: C) and Mastercard (NYSE: MA) announced a collaboration to offer cross-border payments to Mastercard debit cards in 14 receiving markets [1] worldwide, with plans for further expansion. Leveraging Citi’s WorldLink® Payment Services and Mastercard Move’s money transfer capabilities, Citi clients can make near-instant, full-value … Continue reading Citi and Mastercard Join Forces to Transform Global Cross-Border Payments

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S&P Global
United States

S&P Global Launches S&P Global Climate Center of Excellence to Advance Climate, Environmental, and Nature Research

NEW YORK, Oct. 10, 2024 /PRNewswire/ — S&P Global announced today the launch of the S&P Global Climate Center of Excellence, a group of world-class scientists and strategists that will advance S&P Global’s work on long-term climate, environmental, and nature research and methodology development.  The center will collaborate with experts across all S&P Global divisions – S&P Global Market Intelligence, S&P Global Ratings, S&P Global Commodity Insights, … Continue reading S&P Global Launches S&P Global Climate Center of Excellence to Advance Climate, Environmental, and Nature Research

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International Monetary Fund
United States

International Monetary Fund and World Bank Group Announce Tanzania as the Second Country Benefitting from the Enhanced Cooperation Framework for Scaled-Up Climate Action

October 10, 2024 Washington, DC: The World Bank Group (WBG) and the International Monetary Fund (IMF) are pleased to announce that Tanzania is the second country benefiting from the Enhanced Cooperation Framework for Climate Action (the Framework). This follows the approval of an arrangement under the Resilience and Sustainability Facility (RSF) in June 2024 by the IMF Executive Board, and the WBG’s active engagement on climate action in the country. … Continue reading International Monetary Fund and World Bank Group Announce Tanzania as the Second Country Benefitting from the Enhanced Cooperation Framework for Scaled-Up Climate Action

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World Bank Group
United States

North Macedonia Faces Severe Climate Change Impacts and Needs Major Investments to Protect People and Economy

Skopje, October 7, 2024 – North Macedonia could face economic damages of up to 4 percent of its gross domestic product (GDP) by 2050 due to the impact of changing climate, highlights the World Bank Group’s new Country Climate and Development Report (CCDR) for North Macedonia launched in Skopje today. According to the report, North Macedonia needs to invest US$6.4 billion over the next decade to effectively protect people and … Continue reading North Macedonia Faces Severe Climate Change Impacts and Needs Major Investments to Protect People and Economy

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