Search Results for: global economy

State Fund Declaring 10% Dividend for 2023 Policy Year
Fintech News

State Fund Declaring 10% Dividend for 2023 Policy Year

Business Wire
by Business Wire0
Approximately $102 million will be returned to California businesses State Compensation Insurance Fund (State Fund) today announced that it will declare an approximate $102 million dividend to its qualifying policyholders with policies that took effect between January 1 and December 31, 2023. This dividend equals approximately 10% of the estimated......
MicroAlgo Developed QSDLT to Provide a More Secure Foundation for Bitcoin and Other Cryptocurrency Systems
Cryptocurrency News

MicroAlgo Developed QSDLT to Provide a More Secure Foundation for Bitcoin and Other Cryptocurrency Systems

PR Newswire
by PR Newswire0
MicroAlgo Inc. developed QSDLT to provide a more secure foundation for bitcoin and other cryptocurrency systems MicroAlgo announced the quantum shield distributed ledger technology (QSDLT), designed to provide a stronger, more secure foundation for Bitcoin and other cryptocurrency systems. In traditional blockchain systems, security relies heavily on cryptographic algorithms based on public key cyphers.......
New Passive Funds tracking Nifty Indices launched in Japan and Korea
Fintech News

New Passive Funds tracking Nifty Indices launched in Japan and Korea

Business Wire
by Business Wire0
7 new Passive Funds launched in 2023 In the calendar year 2023, seven new Passive funds (ETFs/Index Funds) tracking Nifty Indices were launched in Japan and Korea. Six products are tracking Nifty 50 and 1 product is tracking Nifty50 2x leverage index. These new products have garnered Assets under Management......
The First ESG Disclosure Guidance for China's Insurance Industry Released With Significant Contributions from Ping An
InsurTech News

The First ESG Disclosure Guidance for China’s Insurance Industry Released With Significant Contributions from Ping An

PR Newswire
by PR Newswire0
Ping An Insurance (Group) Company of China, Ltd. announced that it was represented by Richard Sheng, Secretary of the Board of Directors of Ping An Group, at the launch of the Guidance for Disclosure of Environmental, Social and Governance (ESG) Information for Insurance Institutions, hosted by the Insurance Association of China. The Guidance......
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
Fintech News

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

Business Wire
by Business Wire0
BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust, BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure......
BankPozitif Erkan Kork "2024 will be a year of accelerated capital flows"
Fintech News

BankPozitif Erkan Kork “2024 will be a year of accelerated capital flows”

PR Newswire
by PR Newswire0
Erkan Kork, Chairman of the Board of BankPozitif, commented on the achievements of 2023 and the expectations for 2024. Kork stated that 2023 was a dynamic year for Turkey, and despite negative developments both domestically and globally, the Turkish banking sector continued to support the real sector, financing production and exports.......
Cabka Secures € 80 Million Debt Refinancing at Improved Terms
Banking News

Cabka Secures € 80 Million Debt Refinancing at Improved Terms

Fintech News Desk
by Fintech News Desk0
The successful completion of this refinancing positions Cabka as an organisation poised for sustained success and growth. By Global FinTech Series News Desk  Cabka N.V., specialised in transforming hard-to-recycle plastic waste into innovative Reusable Transport Packaging (RTP), announces successfully securing full debt refinancing, underwritten by a consortium of banks led......
Alchemy Pay Joins Force with Worldpay from FIS to Provide Leading Checkout Experience
Digital Payments News

Alchemy Pay Joins Force with Worldpay from FIS to Provide Leading Checkout Experience

PR Newswire
by PR Newswire0
Alchemy Pay, the pioneering fiat-crypto payment gateway, has entered into a strategic partnership with Worldpay, the No.1 global acquirer, to amplify its payment channels and elevate its payment capabilities. This partnership grants access to Worldpay’s Visa and Mastercard payment rails on Alchemy Pay’s On & Off-Ramp, empowering users to enjoy increased......
Crypto and Blockchain Leaders Amass $78 Million for Fairshake Super PAC and its Affiliates to Support Pro-Innovation and Pro-Crypto Leadership Going Into 2024 Congressional Elections
Blockchain News

Crypto and Blockchain Leaders Amass $78 Million for Fairshake Super PAC and its Affiliates to Support Pro-Innovation and Pro-Crypto Leadership Going Into 2024 Congressional Elections

PR Newswire
by PR Newswire0
Crypto and blockchain leaders amass $78 million for Fairshake PAC and its affiliates to support pro-innovation and pro-crypto leadership going into 2024 congressional elections. Fairshake, a federal super PAC registered with the Federal Election Commission (“FEC”), and its network of affiliated super PACs announced their first wave of fundraising efforts.......
CNX Provides Update on Hydrogen Project Location and 45V Hydrogen Production Tax Credit Rules
Fintech News

CNX Provides Update on Hydrogen Project Location and 45V Hydrogen Production Tax Credit Rules

PR Newswire
by PR Newswire0
Citing delays and increasing uncertainty over implementation rules guiding the use of the 45V hydrogen production tax credit provisions of the IRA, CNX announced it has ended coordination with the Adams Fork project and is evaluating several viable alternative sites in southern West Virginia for clean hydrogen projects. Citing delays......
1