Archive for the ‘Banking/Financial Services’ Category

Datapro and Mastercard join forces to expand opportunities for cross-border payments in Latin America

CARIBPR WIRE, MIAMI, FL, Weds. July 10, 2024: Datapro, a leading provider of core banking systems and digital solutions, recently collaborated with Mastercard to expand the integration of Mastercard Cross-Border Services, a solution within the Mastercard Move portfolio of money transfer solutions. The collaboration will provide Datapro’s customers throughout Latin America and the Caribbean with access to fast, transparent, and convenient cross-border payment experiences.

Increasingly, consumers are looking for ways to send money across the globe quickly and securely. In fact, delivery speed, security, receipt confirmation and the ability to use an app are the top factors driving choice of online solutions, according to Mastercard’s latest Borderless Payments Report. To accelerate innovation and respond to consumer needs, Datapro removes the technical barriers to implementation that financial institutions may currently face when adopting new payment solutions.

“We are incredibly excited to collaborate with Mastercard in order to bring new digital payment solutions to customers across the region,” said Ignacio Blanco, CEO of Datapro. “Datapro has a solid track record of success within Latin America and the Caribbean for more than 45 years. This collaboration is a strong testament to Datapro’s ongoing commitment to supporting financial institutions in driving innovation and providing impactful digital solutions to their customers.”

Mastercard Cross-Border Services enables participating financial institutions across the world to offer their customers international payments in more than 60 currencies to over 100 markets covering 90% of the world’s population. As part of the Mastercard Move portfolio, the service offers users flexibility in how funds are received with full transparency and predictability over transaction status and delivery time. End points can include bank accounts, mobile wallets, cards, and cash payout locations.

“As the global economy evolves, people should be able to move money however they want and whenever they want. This requires an enhanced suite of services to ensure funds move quickly, seamlessly, and safely. By connecting Datapro’s platform to Mastercard Cross-Border Services, their customers will have access to seamless cross-border transfers underpinned by the reliability of the Mastercard network”, said Walter Pimenta, Executive Vice President, Commercial Payments and New Flows, Latin America and the Caribbean.

The collaboration will be effective across Latin America and the Caribbean, where Datapro will expedite the integration process for financial institutions with Mastercard’s Cross-Border Services. The collaboration features advanced data integration, business rule management, and API orchestration for financial institutions. This approach provides an agile and streamlined implementation, removing the common hurdles of technical integration and lengthy onboarding processes.

About Datapro Inc.
Datapro is a leader in core banking and digital banking technology, with more than 100 customers in over 20 countries. Our vision is to be recognized as the architects of the banking evolution towards a digital world. We have been helping financial institutions across Latin America, the Caribbean, the US and the EU for the past 45 years to modernize their infrastructure and to deliver innovative digital solutions to their customers. In 2021, Datapro was acquired by Vencora, which is part of Constellation Software Inc. (CSU – TSE).

About Mastercard (NYSE: MA)
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. © 2024 Mastercard. Cross-Border Services (part of the money movement portfolio known as Mastercard Move) may be provided by Mastercard Transaction Services Corp. through its subsidiaries and affiliates. In some jurisdictions services may be provided by subsidiaries or affiliates that hold licenses to engage in money transmission. For a list of those jurisdictions, see b2b.mastercard.com/licenses. Terms and conditions apply.

Services are subject to availability and certain restrictions, and Mastercard reserves the right to change, from time to time, in Mastercard’s sole discretion, the design, operation and functionalities of, and services comprising, the Cross-Border Services. Alternate designs, operations and functionalities of, and services comprising, Cross-Border Services may be available, from time to time, to participants on separate terms outside of what is represented here. The availability, operations and functionalities of, and services comprising, Cross-Border Services may vary by location.

Mastercard makes no representations as to any aspect of the service provided by third parties.​

Mastercard Cross-Border Services is a suite of products offered in the US by Mastercard Transaction Services (US) LLC u/a/n New York Bay Remittance, NMLS ID# 900705, licensed as a Money Transmitter by the New York State Department of Financial Services, or through its licensed subsidiaries.

About Mastercard Move
Mastercard Move provides banks, non-bank financial institutions, direct disbursers, and their customers with a fast, secure money transfer solution, domestically and internationally. The portfolio reaches more than 180 countries and 150+ currencies, with access to over 95% of the world’s banked population.

Mastercard Move enables customers to enhance their money transfer offerings and maximize revenue by giving end users transparency and choice: specifically, by enabling trackable payments, visibility of fees, estimated delivery times and, depending on the market, the option to receive payouts to bank accounts, digital and mobile wallets, card and cash.

The portfolio includes Mastercard Cross-Border Services and Mastercard Send.


Copyright © 2024

Datapro y Mastercard se unen para ampliar las oportunidades de pagos transfronterizos en América Latina

CARIBPR WIRE, MIAMI, FL, Weds. July 10, 2024: Datapro, proveedor líder de sistemas bancarios centrales y soluciones digitales, colaboró ​​recientemente con Mastercard para ampliar la integración de Mastercard Cross-Border Services, una solución dentro del portafolio de soluciones de transferencia de dinero de Mastercard Move. La colaboración permitirá a los clientes de Datapro en toda América Latina y el Caribe acceder a experiencias de pago transfronterizas y nacionales rápidas, transparentes y convenientes.

Cada vez más, los consumidores buscan formas de enviar dinero a través del mundo de manera rápida y segura. De hecho, la velocidad de entrega, la seguridad, la confirmación de recibo y la posibilidad de utilizar una aplicación son los principales factores que impulsan la elección de soluciones en línea, según el último Informe de Pagos sin Fronteras de Mastercard. Para acelerar la innovación y responder a las necesidades de los consumidores, Datapro elimina las barreras técnicas de implementación a las que las instituciones financieras pueden enfrentarse actualmente al adoptar nuevas soluciones de pago.

“Estamos increíblemente entusiasmados de colaborar con Mastercard con el fin de llevar nuevas soluciones de pago digital a los clientes de toda la región”, mencionó Ignacio Blanco, CEO de Datapro. “Datapro tiene una sólida trayectoria de éxito en América Latina y el Caribe desde hace más de 45 años. Esta colaboración es un fuerte testimonio del compromiso continuo de Datapro de apoyar a las instituciones financieras para impulsar la innovación y ofrecer soluciones digitales impactantes a sus clientes”.

Con los Mastercard Cross-Border Services las instituciones financieras participantes en todo el mundo pueden ofrecer a sus clientes pagos internacionales en más de 60 divisas y más de 100 países que cubren el 90% de la población mundial. Como parte del portafolio de Mastercard Move, el servicio ofrece a los usuarios flexibilidad en cómo se reciben los fondos, con total transparencia y previsibilidad sobre el estado de la transacción y el tiempo de entrega. Los puntos finales pueden incluir cuentas bancarias, cuentas bancarias, billeteras digitales, tarjetas y efectivo.

“A medida que evoluciona la economía mundial, la gente debe poder mover dinero como quiera y cuando quiera. Esto requiere un conjunto de servicios mejorados para garantizar que los fondos se muevan de forma rápida, fluida y segura. Al conectar la plataforma de Datapro a Mastercard Cross-Border Services, sus clientes tendrán acceso a transferencias transfronterizas sin interrupciones respaldadas por la confiabilidad de la red Mastercard”, comentó Walter Pimenta, vicepresidente ejecutivo de Pagos Comerciales y Nuevos Flujos para América Latina y el Caribe.

La colaboración será efectiva en toda América Latina y el Caribe, donde Datapro agilizará el proceso de integración de las instituciones financieras con los servicios de Mastercard Cross-Border Services. La colaboración incluye integración avanzada de datos, gestión de reglas de negocio y orquestación de API para instituciones financieras. Este enfoque proporciona una implementación ágil y simplificada, eliminando los obstáculos comunes de la integración técnica y los largos procesos de incorporación.


Copyright © 2024

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TerraPay and VM Money Transfer Services have Partnered to Expand the Remittance Market for Jamaicans

KINGSTON, Jamaica, April 29, 2024 /PRNewswire/ — In its continued thrust to improve financial inclusion and expand remittance services to Jamaicans across the world, VM Money Transfer Services (VMTS) has entered a strategic partnership with TerraPay, a global money movement organization.

TerraPay Logo

VMTS facilitates money transfer services globally to customers sending money to Jamaica from Europe, the UK, United States, Canada, the Cayman Islands and Turks and Caicos. With this new agreement, VMTS now gains access to TerraPay’s robust online platform, enabling hassle-free cross-border transfers for customers sending and receiving money across approximately 31 markets globally.

CEO of VM Money Transfer Services Limited, Michael Howard, welcomes the boost that this partnership will bring to the agency’s operations. He shared, “Purposeful partnership is an integral part of VM Money Transfer’s mission as we seek to continuously improve service delivery to our clients. We are excited about this recent collaboration as, with TerraPay’s extensive network, we have the opportunity to significantly broaden our reach and potentially tap into new markets, all while keeping our clients supported and empowered with convenient and secure channels for their money transfer needs.”

The agreement was signed between the two entities in March 2024, and Juan Luis Hernandez, TerraPay’s Senior Regional Manager for Latin America and the Caribbean, who visited Jamaica for the occasion, shares the enthusiasm. Hernandez commented, “We are delighted to partner with VM Money Transfer Services to drive innovation and efficiency in cross-border remittances. Together, we aim to provide a superior remittance experience for Jamaicans worldwide, strengthening connections with their loved ones and contributing to the economic development of Jamaica.”

Along with the expanded service through TerraPay, VMTS customers can continue to enjoy the flexibility and convenience of having their funds deposited directly to their Jamaican bank account through VMTS’ Direct to Bank Service. Clients can also collect their remittances in Jamaica from VM Money Transfer’s over 70 sub-agents, 8 VM Money Express locations and 16 VM Building Society branches Islandwide.

For queries, please reach out to Juveria Samrin at [email protected]

About TerraPay:

TerraPay simplifies global money movement – by providing a single connection to the most expansive cross-border payments network regulated in 31 global markets and enabling payments to 144 receive countries, 210+ send countries, 7.5Bn+ bank accounts and 2.1Bn+ mobile wallets. TerraPay is on a mission to connect a borderless financial world, making moving money everywhere instant, reliable, transparent and fully compliant. TerraPay pushes the boundaries for global businesses – ranging from banks, fintechs and money-transfer operators to travel businesses, creator economy platforms and e-commerce marketplaces – while driving financial inclusion in even the most inaccessible markets. Founded in 2014, TerraPay is headquartered in London, with global offices in Bangalore, Dubai, Miami, Bogota, Dar es Salaam, Kampala, Hague, Dakar, Joburg, Nairobi, Milan, Singapore and is expanding rapidly, having received funding from leading investors, including the IFC (the World Bank), Prime Ventures, Partech Africa and Visa.

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CardnPay and Turks and Caicos Banking Company launch Mastercard Black and Platinum Debit Cards in the Turks and Caicos Islands

CARIBPR WIRE, COCKBURN TOWN, Turks and Caicos, April 23, 2024: We are pleased to announce that CardnPay newest affiliate, Turks and Caicos Banking Company (TCBC), will be issuing new international Mastercard Black and Platinum debit cards starting in April 2024.

The Mastercard Black and Platinum Debit Cards represent the pinnacle of sophistication and functionality, designed to cater to the discerning needs of individuals seeking superior payment experiences. With their sleek designs and advanced security features, these cards epitomize excellence in banking and elevate the standard of financial services in the region.

“We are thrilled to collaborate with TCBC in bringing the Mastercard Black and Platinum Debit Cards to the Turks and Caicos Islands,” said Mr. Barry Walsh, President of CardnPay Limited. “This partnership allows us to combine our expertise in payment processing with TCBC’s commitment to innovation, delivering unmatched value and convenience”.

“Turks and Caicos Banking Company is excited to launch Mastercard Black and Platinum Debit Card in partnership with CardnPay Limited”, said Mr. David Bee, Chief Executive Officer at TCBC. “This collaboration allows us to leverage our expertise in financial services and CardnPay’s cutting-edge payment processing technology to offer a truly elite banking experience.”

TCBC (www.turksandcaicos-banking.com) is a private Bank focused on efficient and convenient customer service. Established in 1980, Turks & Caicos Banking Company has been evolving alongside the Turks and Caicos Islands.

CardnPay Ltd. (www.cardnpay.com) is a wholly owned subsidiary of Bevertec CST Inc. and a Mastercard principal member. The company offers a Mastercard Affiliate Program to financial service providers in the Caribbean. The program comprises Mastercard licensing, card issuing, ATM acquiring, 3D Secure, Tokenization, payment processing and other value-added services on a subscription basis. For more information please contact:

Nathaly Gutierrez
Business Development Manager
[email protected]
Canada: Office : +1 416 695 7525 x2268

CardnPay y Turks and Caicos Banking Company lanzan tarjetas de débito Mastercard Black y Platinum en las Islas Turcas y Caicos

CARIBPR WIRE, COCKBURN TOWN, Islas Turcas y Caicos, April 23, 2024: Nos complace anunciar que la nueva filial de CardnPay, Turks and Caicos Banking Company (TCBC), emitirá nuevas tarjetas de débito internacionales Mastercard Black y Platinum a partir de abril de 2024.

Las tarjetas de débito Mastercard Black y Platinum representan el pináculo de sofisticación y funcionalidad, diseñadas para satisfacer las necesidades más exigentes de personas que buscan experiencias de pago superiores. Con sus diseños elegantes y funciones de seguridad avanzadas, estas tarjetas ejemplifican la excelencia en la banca y elevan el estándar de los servicios financieros en la región.

“Estamos encantados de colaborar con TCBC para llevar las tarjetas de débito Mastercard Black y Platinum a las Islas Turcas y Caicos”, dijo el Sr. Barry Walsh, presidente de CardnPay Limited. “Esta asociación nos permite combinar nuestra experiencia en procesamiento de pagos con el compromiso de TCBC con la innovación, ofreciendo valor y conveniencia inigualables”.

“Turks and Caicos Banking Company se complace en lanzar la tarjeta de débito Mastercard Black y Platinum en asociación con CardnPay Limited”, dijo el Sr. David Bee, director ejecutivo de TCBC. “Esta colaboración nos permite utilizar nuestra experiencia en servicios financieros y la tecnología de procesamiento de pagos de vanguardia de CardnPay para ofrecer una experiencia bancaria verdaderamente de élite”.

TCBC (www.turksandcaicos-banking.com) es un banco privado centrado en servicio al cliente eficaz y conveniente. Establecida en 1980, Turks & Caicos Banking Company evoluciona junto con las Islas Turcas y Caicos.

CardnPay Ltd. (www.cardnpay.com) es una subsidiaria de propiedad integral de Bevertec CST Inc. y miembro principal de Mastercard. La empresa ofrece un Programa de Afiliados de Mastercard para proveedores de servicios financieros en el Caribe. El programa incluye licencias de Mastercard, emisión de tarjetas, adquisición de cajeros automáticos, 3D Secure, tokenización, procesamiento de pagos y otros servicios de valor agregado por suscripción. Para más información comuníquese con:

Nathaly Gutiérrez
Gerente de desarrollo de negocios
[email protected]
Canadá: Oficina: +1 416 695 7525 x2268

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British Caribbean Bank selects Finastra to transform its core technology

With Finastra Essence, the bank is well-positioned to deliver an enhanced customer experience, stay ahead of the competition, and address regulatory changes

LAKE MARY, Fla., April 22, 2024 /PRNewswire/ – Finastra, a global provider of financial software applications and marketplaces, announces that British Caribbean Bank Limited (BCB), a Turks and Caicos-based financial institution offering international bank accounts and customized loan options, has selected Finastra Essence, deployed on Microsoft Azure cloud, to modernize its core and transform its back-office operations. The move enables increased readiness for regulatory changes and positions the bank for continued growth.

Finastra Logo

BCB’s selection of Essence provides the bank with the modern capabilities, open APIs, and cloud functionality needed to better compete in the market and simplify payment regulatory changes in Turks and Caicos. The core solution’s agile, cloud-based technology, combined with Finastra’s broad and deep banking functionality, makes it simple and streamlined for BCB to adapt quickly and efficiently, while also enabling increased connectivity to third-party partners for an enhanced customer experience.

“To transform our core and enhance our operations, we needed an innovative partner to provide the expertise and tech stack required to complete our modernization journey,” said Marcus Samuel, Managing Director at British Caribbean Bank Limited. “Finastra Essence helps us go above and beyond by positioning our team to deliver both an enhanced customer experience and innovative products, all while being agile and quick to market as we grow.”

The move delivers new efficiencies for BCB. By modernizing its core, the bank can now benefit from a simplified back-office, reducing costs and increasing productivity for its team.

Essence, a cloud-first, next-generation banking solution that combines sophisticated functionality and advanced technology to increase enterprise agility, is seeing increased presence in the Caribbean. Its deep retail and commercial banking functionality enable financial institutions around the world to quickly adapt to local needs while rapidly deploying market-leading products and services.

“Finastra is pleased to see Essence growing in the Caribbean and across the Americas, as more financial institutions are seeking core solutions that support digital transformation through increased agility, the cloud, and connectivity to the financial ecosystem,” said Siobhan Byron, EVP, Universal Banking at Finastra. “Our continued and enhanced partnership with BCB and its affiliates provides the bank with the resources and support it needs to grow, thrive, and adapt to an ever-evolving financial services landscape.”

About Finastra
Finastra is a global provider of financial software applications and marketplaces, and launched the leading open platform for innovation, FusionFabric.cloud, in 2017. It serves institutions of all sizes, providing award-winning software solutions and services across Lending, Payments, Treasury & Capital Markets and Universal Banking (Retail, Digital and Commercial Banking) for banks to support direct banking relationships and grow through indirect channels, such as embedded finance and Banking as a Service. Its pioneering approach and commitment to open finance and collaboration is why it is trusted by over 8,000 institutions, including 45 of the world’s top 50 banks. For more information, visit finastra.com

North American headquarters
744 Primera Boulevard
Suite 2000
Lake Mary, FL 32746
United States

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INSOL International Names John T. Young, Jr. of Neinda Advisors in 2024 Fellowship Class

HOUSTON, March 4, 2024 /PRNewswire-HISPANIC PR WIRE/ – Neinda Advisors LLC (”Neinda”) is delighted to announce that John T. Young, Jr. has been named a Fellow in INSOL International’s 2024 class of inductees. He is a member of a class of 24 new INSOL Fellows worldwide who are being recognized for their international insolvency qualifications. In response to INSOL’s announcement, Mr. Young remarked, “With the growing number of restructuring alternatives available beyond the US, it’s important to have the command of how emerging forums function and where the best outcomes can be found. I’m incredibly grateful to be recognized by INSOL with this honor.” The induction ceremony will take place at INSOL’s annual meeting held in San Diego on May 22, 2024.

Neinda Advisors

INSOL International is the premier worldwide association of lawyers, financiers, academics and other professionals specializing in turnaround and insolvency. There are currently over 44 Member Associations with over 10,500 professionals participating as members of INSOL International. To learn more about INSOL please visit www.insol.org.

Neinda is a boutique advisory practice offering independent director services to organizations facing governance challenges in complex situations. Neinda’s governance services are tailored to US-based organizations and international organizations seeking the expertise of a US director, particularly in situations involving cross-border issues and restructurings. More information is available at www.neinda.com.

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Equisoft’s Global Presence Expands with the Opening of New Office in the Caribbean

MONTREAL, Jan. 15, 2024 /PRNewswire-HISPANIC PR WIRE/– Equisoft, a leading global digital solutions provider to the financial industry, is pleased to announce the opening of its new office in Trinidad, Port of Spain. This is Equisoft’s tenth international office and marks an exciting milestone for the company as it celebrates its 30th anniversary.

Equisoft’s Global Presence Expands with the Opening of New Office in the Caribbean

This expansion reinforces the company’s position as a pioneer in digital transformation solutions for the financial services industry. Equisoft has been a major technology provider to insurers in the Caribbean since 2012. Equisoft’s work with close to twenty insurers in the region created the need for the new office to get closer to the market and customers and to address surging demands in the Caribbean.

This office location will provide optimal service to Equisoft’s current customers and position them to effectively meet the growing demand in the Caribbean.

“As we celebrate Equisoft’s 30th anniversary, the opening of our new office in Port of Spain, Trinidad, stands as a testament to our commitment to innovation and client satisfaction. This expansion is a milestone for us and underscores our dedication to meeting the evolving needs of our clients and the industry” said Ruben Veerasamy, Equisoft Senior Vice President, Caribbean.

The new office is located at 11-13 Victoria Avenue, 2nd. Floor, Port of Spain, Trinidad.

About Equisoft

Founded in 1994, Equisoft is a global provider of advanced insurance and investment digital solutions. Recognized as a valued partner by over 250 of the world’s leading financial institutions, Equisoft offers a complete ecosystem of solutions, from innovative front-end applications to extensive back-office services and unique data migration expertise. The firm’s flagship solutions include SaaS policy administration, CRM, financial needs analysis, financial planning, asset allocation, fund and portfolio analysis, quotes and illustrations, electronic application, agency management systems, as well as customer, agent and broker portals. With its business-driven approach, deep industry knowledge, innovative technology, and multicultural team of experts based in North America, the Caribbean, Latin America, Europe, Africa, Asia and Australia, Equisoft helps its clients tackle any challenge in this era of digital disruption. For more information, please visit www.equisoft.com.

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PaySett Corporation expands its regional payments partnership with Sagicor

The real time payments (RTP) solution PayExpedite® will further expand the financial institution’s payment capabilities in Barbados under the Amazon Web Services (AWS) platform.

ATLANTA and BRIDGETOWN, Barbados, Oct. 24, 2023 /PRNewswire-HISPANIC PR WIRE/ – PaySett Corporation a global provider of payment solutions and Sagicor Bank (Barbados) announced today the launch of the bank’s new real time payments service based on the ISO 20022 messaging standard running under the AWS platform.

George Thomas, CEO Sagicor Bank Barbados

George Thomas, CEO of Sagicor Bank (Barbados) stated, “As the region’s first digital bank, we are duty bound to work with our partners to ensure that their technology posture is robust, modern, and forward-thinking. We partnered with PaySett to future proof their solution and as such we worked with them to certify their platform in the cloud. This is a mutually beneficial and monumental achievement which is the first of its kind in the anglophone Caribbean.”

Jesus Garcia VP of Business Development at PaySett Corporation added, “The Sagicor Bank real time payments implementation with our market proven PayExpedite® solution demonstrates the product’s flexibility to adapt to different operating environments of our customers while at the same time providing seamless integration with Sagicor Bank’s core banking system and origination channels, as well as the local clearing house. Our research indicates that over the coming years regional financial institutions will be looking to move some of their infrastructure to cloud platforms such as AWS in order to streamline operations and reduce costs. We are delighted to support these efforts. Additionally Sagicor Bank’s future electronic payment offerings will be backed by a world class payments engine that will complement the bank’s future strategy and is capable of supporting different types of payment services including P2P, digital wallets, eCommerce, and others for consumers, businesses, and government institutions.”

About PaySett Corporation

Atlanta Georgia based PaySett Corporation is a global provider of payment software solutions. PaySett provides products/services that allow global financial institutions  to effectively manage the way money moves throughout their organizations and for their customers. PaySett’s two decades of experience moving payments through national and international payment networks has allowed for the development of advance payment software for assisting global institutions with the capability to enhance their regional and global payment network processing capabilities. Twelve of the top twenty global financial institutions process payments through PaySett software.

About Sagicor Bank (Barbados)

Sagicor Bank (Barbados) is a dynamic digital financial institution offering commercial banking services to personal and business clients. We provide unmatched benefits and convenience to clients in our portfolio supported by a diversely skilled team located in Barbados. We are leading the digital banking revolution by boldly presenting banking options that are easy-to-get, simple-to-use, safe and secure and rewarding. Find out more by visiting www.sagicor.bank, Instagram, Facebook, LinkedIn, Twitter or YouTube.

Sagicor Bank is a wholly-owned subsidiary of Sagicor Financial Company. Sagicor Financial Company Ltd. (TSX: SFC) is a leading financial services provider in the Caribbean, with over 180 years of history, and has a growing presence as a provider of life insurance products in the United States. Sagicor offers a wide range of products and services, including life, health, and general insurance, banking, pensions, annuities, and real estate. Sagicor’s registered office is located at Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda, with its principal office located at Cecil F De Caires Building, Wildey, St. Michael, Barbados. Additional information about Sagicor can be obtained by visiting www.sagicor.com

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Mastercard and The Caribbean Association of Banks Inc Sign a Memorandum of Understanding

This agreement will focus on enabling intra and inter regional payments and expanding financial inclusion in the Caribbean.

CARIBPR WIRE, Miami, Florida, Mon. June 12th, 2023 – Mastercard, a global technology company in the payments industry, has announced the signing of a Memorandum of Understanding (MoU) with the Caribbean Association of Banks Inc (CAB), the representative body and recognized voice for banks and other financial institutions in the Caribbean.

The partnership’s central objective is to enable cross-border payments across all CAB member jurisdictions, as a powerful tool to tend to the region’s unbanked and underbanked populations and bolster financial inclusion and economic growth. As part of its commitment, Mastercard will activate its technology, resources, and expertise to help banks successfully integrate this innovative solution into their product offerings, as well as share its knowledge and educational platforms to raise awareness among citizens and small business owners on the benefits of this service and other digital financial tools that can help them reach their fullest potential and improve their living standards.

Mayra Vivacqua, Cluster Lead for Mastercard Caribbean (West & Dutch, Jamaica & East Caribbean, and Puerto Rico), said “We are thrilled to enter into this partnership with the Caribbean Association of Banks Inc, which will drive the region’s digitalization and offer customers across various sectors, including consumers, SMEs, government agencies, B2B, and commercial entities, a safer, easier, and more convenient way of transferring money across borders. The knowledge and data we will leverage from this collaboration will enable us to advance financial inclusion and stimulate economic growth in the Caribbean region.”

Mastercard Cross-Border Services help banks modernize and optimize their global payments business to deliver an experience for people and businesses that is secure, seamless, and certain. Ultimately, the collaboration between Mastercard and the Caribbean Association of Banks Inc will provide unbanked and underbanked populations in the English Caribbean access to modern financial services, allowing them to enjoy the benefits of the digital economy and providing them with priceless payment experiences.

“I am profoundly satisfied at the successful execution of this Memorandum of Understanding. Cognizant of the immense challenges faced by the region, concerning intra and inter regional payments, primarily as a result of the onslaught of de-risking activity, this is certainly a step in the right direction and exemplifies the tireless efforts of the CAB to identify innovative solutions to the challenges of present”, stated Wendy Delmar, Chief Executive Officer of the Caribbean Association of Banks Inc. “The CAB acknowledges the increasing costs and complexity related to the transfer of funds among jurisdictions and is pleased to provide an option to the public via our member banks that is cost efficient and underpinned by the adoption of technology”, she added.

This partnership is part of Mastercard’s commitment to offering solutions that respond to specific market needs, benefiting millions of people in the Caribbean and taking a significant step towards achieving financial inclusion in the region.

***

About Mastercard (NYSE: MA) www.mastercard.com

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Using secure data and networks, partnerships, and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

EDITOR’S NOTE: A photo for use with this story is available HERE

PHOTO CAPTION: L-R: Mayra Vivacqua, Cluster Lead for Mastercard Caribbean (West & Dutch, Jamaica & East Caribbean, and Puerto Rico and Wendy Delmar, Chief Executive Officer of the Caribbean Association of Banks Inc.

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PaySett Corporation expands its payments partnership with the Barbados Automated Clearing House Services Inc. (BACHSI)

The real time payments (RTP) solution PayExpedite® will complement the current electronic payments ecosystem to allow for the creation of new payment services in Barbados.

ATLANTA and BRIDGETOWN, Barbados, April 26, 2023 /PRNewswire-HISPANIC PR WIRE/ – PaySett Corporation, a global provider of payment solutions, and BACHSI announced today the launch of the new RTP platform based on the ISO 20022 messaging standard.

Natalie Garraway, immediate past chairman (2020-2022) and current deputy chair (2023) commented, “We are elated to have this platform launched in Barbados. This system will be integral in our digital journey as a country as it offers speed, convenience, and reliability. We are grateful to PaySett for partnering with us (BACHSI) to provide such a solution that covers all those key areas that our citizens and customers have been eagerly requesting in a banking solution.”

Jesus Garcia, VP of Business Development, added, “Our market proven PayExpedite® solution will integrate seamlessly into the Barbados payments ecosystem to serve the government of Barbados’ plans to reduce (and longer term eliminate) the number of cash and cheque transactions while reducing the costs of these traditional payment methods. Each participating financial institution will have at its disposal a robust real time payments platform capable of supporting new service offerings such as emergency payments, P2P payments, digital wallets, eCommerce, and others. The ease, speed, and security capabilities of the PayExpedite® platform will facilitate the country’s transition to a more digital economy.”

These same financial institutions will be able to process consumer, corporate and government payments in real time through a multitude of banking channels. PaySett’s PayExpedite® product has been deployed across multiple countries offering regional financial institutions the opportunity to manage real time payments across their entire geographical market.

About PaySett Corporation

Atlanta Georgia based PaySett Corporation is a global provider of payment software solutions. PaySett provides products/services to assist global financial entities to effectively manage the way money moves throughout their organizations and for their customers. PaySett’s two decades of experience moving payments through national and international payment networks has allowed for the development of advance payment software for assisting global banks with the capability to enhance their regional and global payment network processing capabilities. Twelve of the top twenty global banks process payments through PaySett software.

Natalie Garraway, Deputy Chairman, BACHSI Barbados.

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ERI teams up with iSoftware4Banks to offer OLYMPIC Banking System to banks and financial institutions in the USA

MIAMI, April 5, 2023 /PRNewswire-HISPANIC PR WIRE/ — ERI is proud to announce its partnership with iSoftware4Banks to address the technology needs of banks and financial institutions in the North American market. iSoftware4Banks will provide extensive knowledge of the banking market and its regulatory and business expertise to bring ERI’s leading technology platform, OLYMPIC Banking System, to the North American market. This agreement addresses a growing need for local banks and financial institutions – including retail, corporate and private banks, as well as credit unions, community banks, and neo and challenger banks – to make technology a priority in their business development strategy. By digitalizing processes from front-to-back office through on premises or cloud implementations, making a better and more intuitive use of data, financial institutions will be able to deliver an optimized and personalized user experience to their customers.

iSoftware4Banks’ team of bankers, industry insiders, investors, and operations specialists share a solid commitment to the banking sector. The company provides banks with the latest innovative automation resources and service providers available for optimizing operations.

Jean-Philippe Bersier, ERI’s Director of Sales & Marketing, says, “We are excited to announce this initiative as a key milestone to accelerate our business expansion in the region. The North American market is not unknown to ERI as we currently have clients using our system in the US as well as in Canada. Teaming up with iSoftware4Banks will open up new opportunities for growth.”

Vincent Raniere, Chairman and CEO at iSoftware4Banks states, “We are looking forward to promoting the expansion of ERI’s reach within the US market. We are confident our partnership with ERI, coupled with our extensive experience, will help to further strengthen our capabilities for promoting OLYMPIC Banking System’s benefits to key relationships, and other institutions seeking optimization and innovative solutions within the financial sector.”

ERI is an international company specializing in the design, development, distribution and support of the integrated, real-time banking and wealth management software package: OLYMPIC Banking System®. ERI is focused on providing comprehensive, quality software with effective system implementation assistance and efficient ongoing maintenance and support for clients worldwide.

iSoftware4Banks, Inc. is a leading provider of go-to-market services to companies selling to the banking and finance sector.

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Vantage unveils Supercar Blondie as Brand Ambassador

Supercar Blondie partners with Vantage Markets for financial education

GRAND CAYMAN, Cayman Islands, Jan. 18, 2023 /PRNewswire-HISPANIC PR WIRE/ — Multi-asset broker, Vantage International Group Limited (”Vantage” or “Vantage Markets”) is pleased to unveil Alexandra Mary Hirschi, of Supercar Blondie, as its Brand Ambassador.

Alexandra Mary Hirschi from Supercar Blondie, and Nadine Azzam, Head of MENA for Vantage, at the signing ceremony and press conference held on 18 January in Dubai.

This partnership marks a milestone between an online brokerage with a social media publisher, aimed to use their respective expertise to provide accessible and relevant financial education both on Vantage’s platforms and on Supercar Blondie’s online education channel, Xplained.

Marc Despallieres, Chief Strategy and Trading Officer at Vantage, says, “We are truly excited to work with Supercar Blondie once again, in a greater capacity as our brand ambassador. Her adventurous attitude, tech-savvy, and global appeal makes her a perfect fit for us to raise Vantage’s brand awareness among younger and more discerning audiences. I know her unique presentation style will help demystify trading, and make it approachable and relevant for all.”

The social media publisher draws over 1 billion views per month across the group, with over 85 million followers globally. As a leading voice and influence in a traditionally masculine industry, Supercar Blondie engenders Vantage’s beliefs in female empowerment, alongside a shared commitment of Vantage towards innovation, and climate action, which is aligned with Vantage’s partnership with NEOM McLaren Extreme E.

Alexandra Mary Hirschi says, “I am all for bringing exciting and transformative content to our audience. One of our key goals in 2023 is to empower our audience by providing accessible financial education materials. With that, I’m thrilled to partner with a market leader like Vantage to raise the bar on financial education and strengthen financial literacy for all. Vantage is a company with a big heart, and It’s exciting to see the impact we can make together.”

This announcement marks a strengthening of the partnership between the two organisations that was first established in 2022 when Supercar Blondie participated in the Blue Carbon initiative in Sardinia, Italy, to formally launch Vantage’s corporate ESG journey, and bring awareness to climate change.

About Vantage

Vantage (Vantage International Group Limited) is a multi-asset broker offering clients access to a nimble and powerful service for trading CFD on Forex, Commodities, Indices, Shares, ETFs and Bonds.

With more than 13 years of market experience, Vantage entities now have over 1,000 employees across more than 30 global offices.

Vantage is more than a broker. It provides a trusted trading ecosystem, an award-winning mobile trading app, and a user- friendly trading platform that enables clients to take advantage of trading opportunities. Download the Vantage App on App Store or Google Play.

trade smarter @vantage.

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Vantage’s swap-free trading provides gold traders nearly US$1million in savings over a three-month period

The popular product update will be extended to trades made for other digital assets

PORT VILA, Vanuatu, Dec. 8, 2022 /PRNewswire-HISPANIC PR WIRE/ – Vantage, (or “Vantage Markets”) says its swap-free gold XAUUSD trading has seen overwhelming response from clients. Within the first three months of its implementation, Vantage traders enjoyed nearly USD 1 million in savings* from overnight fees.

Vantage’s swap-free trading provides gold traders nearly US$1million in savings over a three-month period

In response to client’s positive feedback, Vantage has decided to continue its swap-free trading beyond 2022 and extend the offering to other digital assets to benefit more clients.

The swap-free product enhancement was designed to provide greater convenience for gold XAUUSD traders. Clients are not charged overnight fees when trading across all trading accounts, including on the Vantage App, regardless of trade size. Details of the swap-free trading can be found here. Clients can also calculate their own potential savings with the Vantage Swap Calculator.

Marc Despallieres, Chief Strategy and Trading Officer, says, “We have received much positive feedback from our clients, and are pleased to extend this offering for their benefit. Amid extreme market volatility, swap-free trading eliminates overnight fees as a cost consideration for our clients when they choose to pursue longer term trading strategies. It also affords them the flexibility to close their trades at a time of their choosing, for their hedging purposes, removing the necessity of closing their trades on a daily basis.”

“At Vantage, we are constantly looking to enhance our offerings to allow our clients to trade market opportunities on their own terms.”

*Based on figures provided by Vantage entities.

About Vantage

Vantage (or “Vantage Markets”) is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, Shares, ETFs and Bonds. With more than 13 years of market experience. Vantage now has over 1,000 employees across more than 30 global offices.

Vantage is more than a broker. It provides a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that enables clients to take advantage of trading opportunities. Download the Vantage App on App Store or Google Play.

Be empowered to better capitalise on winning market opportunities when you trade smarter @vantage.

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Vantage introduces Social Trading to make trading more interactive

Vantage App is also available on more phone models

PORT VILA, Vanuatu, Dec. 1, 2022 /PRNewswire-HISPANIC PR WIRE/ – Vantage (or “Vantage Markets”), the multi-asset broker, has launched social trading on the Vantage App, making it an all-in-one trading app that supports both regular trading and social trading.

Lian Jie, Assistant App Marketing Director, Vantage

Social trading is an innovative feature that turns trading into a social event. Experienced traders can share their trading strategies as signal providers. Novice traders will be able to follow numerous signal providers, gain insights from experienced investors, and trade their strategies by mirroring the trades of others.

The Vantage App offers access to over 1000 trading instruments including CFDs on Forex, Commodities, Indices, Energy, Shares, ETFs and Bonds.

It has an intuitive in-app navigation and provides a comprehensive range of charts, technical tools, order types, personalised trading reports and alerts. Available in 14 languages, the Vantage App also offers market analysis and market news powered by Trading Central and FX Street.

With the growing demand for mobile trading in mobile-centric markets, the Vantage App is now supported on OPPO, VIVO, Huawei, Xiaomi, and Samsung devices, on top of iOS and Android devices.

Lian Jie, Assistant App Marketing Director at Vantage explains how the new feature is revolutionizing the traditional CFD industry. “As our active investor profile gets younger, our clients have been more willing to explore and adopt innovative trading methods like social trading, going beyond traditional trading methods. At Vantage, we understand how technology and innovation can transcend boundaries, so we have utilized the power of technology in our Vantage App to meet the needs of the next generation and provide a seamless and convenient experience for all our clients.”

About Vantage

Vantage (Vantage Global Limited (VFSC 700271) ) is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, Shares, ETFs and Bonds.

With more than 13 years of market experience, Vantage now has over 1,000 employees across more than 30 global offices.

Vantage is more than a broker. It provides a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that enables clients to take advantage of trading opportunities. Download the Vantage App on App Store or Google Play.

trade smarter @vantage

Vantage introduces Social Trading to make trading more interactive

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Mastercard brings The Belle Block™ to Latin America and Caribbean to educate and empower women in Web3 and crypto

  • The Belle Block™ is a Mastercard-led initiative to focus on education, conversation and building for the future.
  • The program expands its presence in Latin America and the Caribbean thanks to a partnership with WAGMI LatAm.

MIAMI, Nov. 29, 2022 /PRNewswire-HISPANIC PR WIRE/ — Mastercard introduced The Belle Block™ in Latin America and the Caribbean (LAC), during the 11th edition of the Mastercard LAC Innovation Forum. The Belle Block™ is a community launched in June 2022 to educate and empower women and non-binary individuals to benefit from Web3 technology and crypto. This expansion to the region comes in partnership with WAGMI LatAm, an education initiative aimed at bringing 5 million Latin women into Web3 by 2030.

Mastercard believes in the power of technology and its ability to build a better future that includes everyone. This new group focuses on delivering on key building blocks: Business Growth, Education, Leadership, Legal & Regulatory Advocacy and Entrepreneurship.

Today’s crypto climate requires looking ahead, informing, and giving more people the choice to explore and engage in the crypto ecosystem to better understand the power of blockchain. Although women and men are using crypto for similar reasons – investing, buying, trading, and opening wallets – 77% of Latin American women who are familiar with crypto agree they would use it more if they understood it better.*

“Digital assets have the power to transform the way we pay, get paid, and invest. Together with the crypto community, we want to ensure we are bringing more women and underserved to the table in the Web3 and crypto world so they can have an active role in leading the future of payments”, says Janet Rivera-Hernandez, Vice President, Communications, Latin America and the Caribbean.

The Belle Block™ partners with the founders of groups fostering education and collaboration, including SheFi, HerHouse, Blu3 DAO, and Boys Club, to get more women involved and to develop products that empower women and other minorities. In Latin America and the Caribbean, the initiative is supported by WAGMI LatAm, a program that aims to increase the participation of Latin women in the United States and Latin America in the Web3 world.

“WAGMI LatAm brings together more than 30 organizations in the U.S. and Latin America to ensure Latin American women are co-creators and active participants in the evolution of the Web3 ecosystem by providing access to education, resources and conducting research,” said Laura Navarro Muñoz, Governor of H.E.R. DAO LATAM and one of the three founding member organizations of WAGMI LATAM. “Based on our experience, community-building and education will be key to achieve WAGMI LATAM’s goal of onboarding 5 million women into Web3 by 2030 and we are looking forward to working with Mastercard to achieve this goal.”

Last June, Mastercard launched its 2022 New Payments Index, a global survey among 35,000+ consumers in 40 countries, which found those already familiar with the crypto space, women especially, have a heightened interest in expanding their knowledge. 95% of Latin American women have heard of cryptocurrency, but their current understanding of crypto and digital asset terminology is less robust than men, including non-fungible tokens (NFTs) – 42% of women are aware vs. 56% of men, blockchain – 28% of women are aware vs. 44% of men,  and central bank digital currencies (CBDC) – 43% of women are aware vs. 52% of men,.* There is a clear opportunity to engage women by initiating a platform to inform, exchange and educate to help bridge this gender gap.

Mastercard’s Commitment to Diversity, Equity & Inclusion (DEI):
Mastercard’s ongoing commitment to financial and social inclusion is at the intersection of innovation and technology. Recent work includes its LGBTQIA+ Pride Month Your True Self is Priceless campaign, new non-binary community research in 16 markets across Europe and North America, and the release of its refreshed Gender Balance initiative on the 50th anniversary of Title IX.

Source:
*Research conducted by The Harris Poll and Mastercard Global Foresights, Insights and Analytics from March 21 to April 21, 2022. Online interviews were conducted among 35,040 global adults (17,071 women, 17,969 men) and includes nationally representative samples from markets across 5 regions.

About Mastercard (NYSE: MA)

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

About WAGMI LatAm

WAGMI LatAm is an education initiative led by H.E.R. DAO LatAm, CryptoConexión, and Unstoppable Women of Web3 to bring 5 Million Latinas into web3.

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Vantage and NEOM McLaren Extreme E make a splash for ESG at the Finance Magnates London Summit 2022

LONDON, Nov. 22, 2022 /PRNewswire-HISPANIC PR WIRE/ — International multi-asset broker, Vantage (also known as “Vantage Markets”), is pleased to announce its participation and sponsorship of the Finance Magnates London Summit for the second year running, with a renewed push for ESG.

This year, Vantage was accompanied by their partner NEOM McLaren Extreme E to exhibit the fully electric SUV vehicle – named ODYSSEY 21 – at Old Billingsgate in London, next to the outdoor gazebo.

Vantage and NEOM McLaren Extreme E make a splash for ESG at the Finance Magnates London Summit 2022

At the same time, Vantage launched its UK-based liquidity service Vantage Connect during the summit, with a stunning new look that is befitting of the institutional brand.

Vantage and NEOM McLaren Extreme E make a splash for ESG at the Finance Magnates London Summit 2022

The exhibition is a culmination of Vantage’s efforts in the ESG space. The company has partnered with NEOM McLaren Extreme E in a Blue Carbon initiative, leveraging on renowned social media publisher Supercar Blondie to raise awareness on climate change and gender equality.

The group has also partnered UNHCR for a dollar-for-dollar fund raising event for refugees, worked with Red Cross for a global blood donation drive, and partnered with UNESCO to support their education initiatives in India.

These ESG initiatives and more were part of the discussion at the London Summit. Vantage’s UK CEO, David Shayer was joined by Kim Wilson, Director of Sustainability, McLaren Racing, to speak at the ESG-focused panel “Fintech for Good: Social Impact & Innovation in Fintech”, which was held at 2pm at the Centre Stage.

Shayer also spoke more about the significance of Vantage Connect in a volatile market at the panel discussion “Risk Management for Turbulent Times”, which was held at 12.30pm at the Innovate Stage.

David Shayer, CEO, Vantage UK, says: “We are pleased to join Finance Magnates once again on such a key event. This has been a very exciting year for Vantage, starting with our partnership with NEOM McLaren Extreme E, to the launch of VSocial and Vantage Connect. Our business has evolved to be more in tuned with the needs of our retail and institutional clients, and we are proud to be part of an organization that makes care our main currency.”

About Vantage

Vantage is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, Shares and ETFs.

With more than 13 years of market experience, Vantage now has over 1,000 employees across more than 30 global offices.

Vantage is more than a broker. It provides a trusted trading ecosystem and a user-friendly trading platform that enables clients to take advantage of trading opportunities.

Be empowered to better capitalise on winning market opportunities when you trade smarter @vantage

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Vantage launches UK liquidity service for institutional traders

LONDON, Nov. 15, 2022 /PRNewswire-HISPANIC PR WIRE/ — International multi-asset trading platform Vantage (or “Vantage Markets”) is announcing the launch of Vantage Connect, a liquidity solution for institutions and corporates in the UK.

To be officially announced at Finance Magnates London Summit 2022, the news comes as part of a wider strategic push by Vantage to expand the institutional side of their business in response to growing demand among hedge funds, family offices, banks, brokers, money managers and asset managers for bespoke trading solutions.

Widespread volatility has led to a 17.2% year on year increase in trading volumes globally this September. This presents both risks and opportunities for institutions, who must navigate rapidly changing market conditions, such as the LSE widened the spread limit on UK gilts, as well as bigger spreads, such as on the CFD and derivatives contracts that are commonly used in hedging strategies.

Vantage Connect allows these institutional clients to manage volatility effectively and make the most of market opportunities by leveraging Vantage’s deep liquidity pool to buy and sell complex assets quickly.

The offering is customised depending on what the clients’ needs are across the full range of Vantage’s services, including in-house built risk management and their unique PAMM (percentage allocation management module). It is quick and secure, as clients can easily plug into the service via an API, ensuring speed to market, and are protected under Vantage’s FCA license.

Vantage Connect will be exhibiting at this year’s FMLS and will be joined by the McLaren Extreme E team, who will be featuring their new vehicle.

David Shayer, UK CEO at Vantage, commented: “Market volatility often brings opportunities for those who know where to look, and we’ve seen the increasing volumes over the last few months. We’ve built up a strong retail solution, and now is the right time to expand to institutional investors. We have a strong team in the UK, all of whom are excited to launch the new service, that ensures that Vantage can be a trusted partner and a one-stop shop for the institutional trading community, and gives them the springboard to make the most of market opportunities.”

About Vantage

Vantage is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, Shares and ETFs.

With more than 13 years of market experience, Vantage now has over 1,000 employees across more than 30 global offices.

Vantage is more than a broker. It provides a trusted trading ecosystem and a user-friendly trading platform that enables clients to take advantage of trading opportunities.

Be empowered to better capitalise on winning market opportunities when you trade smarter @vantage

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Enter the ‘World Cup Craze’ event with Vantage and win prizes with your favourite soccer teams

Vote for the winning team and earn prizes during the upcoming soccer championship, created by Vantage – the modern financial app and service for effortless trading on the go.

SINGAPORE, Nov. 14, 2022 /PRNewswire-HISPANIC PR WIRE/ – Vantage (or “Vantage Markets”), the international multi-asset broker, is pleased to announce the launch of its World Cup Craze Event, in anticipation of the upcoming World Cup 2022. From today, traders on the Vantage App will be able to vote for the winning team in each match for exciting prizes.

With a total of 64 matches throughout the entire event, the World Cup Craze is expected to be an intriguing and fun way for sports enthusiasts to follow the players, teams, and outcomes while engaging with other soccer fans in this one-of-a-kind Vantage event centred around the world’s favourite sport. Winners will be announced after the event’s close on December 23, 2022.

The Vantage app enhances users’ mobile trading experience with social app trading features, seamless in-app deposits, proprietary technical analysis tools and more, to ensure users have the best tools to make the most of their trading opportunities.

To learn more about Vantage’s World Cup Craze and to enter, visit the official entry page here. Participants can also engage with Vantage on TikTokTwitterInstagram and Facebook to keep up with the winner’s reveal and event related announcements.

About Vantage

Vantage (or “Vantage Markets”) is a global, multi-asset broker offering clients access to a nimble and powerful service for trading Forex, Commodities, Indices, Shares, Bonds and ETFs.

With more than 13 years of market experience. Vantage now has over 1,000 employees across more than 30 global offices.

Vantage is more than a broker. It provides a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that enables clients to take advantage of trading opportunities. Download the Vantage App on App Store or Google Play.

Be empowered to better capitalise on winning market opportunities when you trade smarter @vantage

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Vantage partners Financial Commission for greater transparency in external dispute resolution

SYDNEY, Oct. 7, 2022 /PRNewswire-HISPANIC PR WIRE/ – Vantage, the international multi-asset broker, today announces its partnership with the Financial Commission (FinaCom), an independent self-regulatory organisation and an external dispute resolution body for businesses operating in the forex and contracts for difference (CFD) markets.

With this new partnership, Vantage and its clients are able to access a wide range of services and membership benefits, such as the unbiased resolution process facilitated by FinaCom, and the protection of up to €20,000 per client, covered by the FinaCom’s compensation fund.

Vantage’s partnership with FinaCom brings together two organisations that are committed to holding the forex industry to the highest standards in business practices, for a more credible and transparent trading environment.

Marc Despallieres, Chief Strategy & Trading Officer at Vantage, says, “We’re extremely delighted to have partnered with the Financial Commission. We value our clients’ feedback and their trading experience with us, and we are pleased to have the support from a highly regarded external dispute resolution organisation like Finacom.”

“At Vantage, we take pride in building a business that is committed to doing what’s right, and being a trusted, regulated organisation that our clients and staff can be proud to be a part of.”

About Vantage

Vantage is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, and Shares.

With more than 10 years of market experience. Vantage now has over 1,000 employees across more than 30 global offices.

Vantage is more than a broker. It provides a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that enables clients to take advantage of trading opportunities. Download the Vantage App on App Store or Google Play.

Be empowered to better capitalise on winning market opportunities when you trade smarter @vantage

About Financial Commission

The Financial Commission is an independent external dispute resolution organisation for traders who are unable to resolve disputes directly with their financial services providers . The Financial Commission initially set out to provide a new approach for traders and brokers alike to resolve any disputes which arise in the course of trading electronic markets such as Foreign Exchange, and then expanded into CFDs and related derivatives, in addition to certifying technology platforms used for trading.

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Vantage wins three awards at the Global Forex Awards 2022

SINGAPORE, Sept. 23, 2022 /PRNewswire-HISPANIC PR WIRE/ – Vantage, the international multi-asset broker, has received three awards at the Global Forex Awards 2022 – Retail, organised by Holiston Media.

Stephen Solares and Raymond Okafor, Business Associates for Vantage, at the Global Forex Awards Ceremony, Limassol, Cyprus, on 22 September 2022

Vantage was recognised in three categories including the “Best Forex Mobile Trading Platform/App – Global”, “Best Forex Trade Execution – Global”, and “Most Trusted Forex Broker – Asia”.

The Global Forex Awards 2022 – Retail is in its fifth edition, and honours businesses that use cutting-edge technology, offer low-cost trading, comprehensive market research tools, advanced educational programs, and world-class customer service for retail traders.

Marc Despallieres, Chief Strategy & Trading Officer at Vantage, says “We are honoured to receive these awards at The Global Forex Awards 2022 – Retail. Vantage went through a massive shift since our rebranding exercise last year, and these awards are an affirmation of the direction we have taken as a business.”

“This is a celebration of the sheer hard work and determination of our team at Vantage, who have made Vantage what it is today. I would also like to take this opportunity to thank our clients who have supported us through the years, and who remain our biggest motivation to keep doing better.”

Lian Jie, Vantage’s Assistant App Marketing Director, says, “This is the fourth award garnered by our Vantage App team, and is a testament to the hours of development they have undertaken to make our app more powerful and intuitive than ever before.”

Since its rebrand, Vantage has received a number of industry recognised awards, including “Best in CFD trading 2022″ at the European – Global & Finance Awards 2022, “Best Broker Australia”, “Best Customer Support Australia”, and “Best Mobile Trading App” at the Ultimate Fintech Awards 2022.

About Vantage

Vantage is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, and Shares.

With more than 10 years of market experience. Vantage now has over 1,000 employees/personnel across more than 30 global offices.

Vantage is more than a broker. It provides a trusted trading ecosystem, an award-winning mobile trading app, and a faster and simpler trading platform that enables clients to take advantage of trading opportunities. Download the Vantage App on App Store or Google Play.

Be empowered to better capitalise on winning market opportunities when you

trade smarter @vantage

www.vantagemarkets.com

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Vantage announces partnership with UNESCO to support education initiatives In India

SINGAPORE, Sept. 20, 2022 /PRNewswire-HISPANIC PR WIRE/ - Vantage, the international multi-asset trading platform today announces its partnership with UNESCO (United Nations Educational, Scientific, and Cultural Organisation), as a part of its social commitment to strengthen education opportunities to emerging markets like India.

Eric Falt, Director and UNESCO Representative for the UNESCO New Delhi Office, and Marc Despallieres, Chief Strategy & Trading Officer at Vantage

[L-R]Yen Sim, Global Branding and Communications Director, Vantage, Eric Falt, Director and UNESCO Representative for the UNESCO New Delhi Office, and Marc Despallieres, Chief Strategy & Trading Officer, Vantage.

Within this partnership, Vantage is supporting the “State of the Education Report for India, 2022 – Artificial Intelligence (AI) in Education,” which was launched today in New Delhi, India. The Report covers a number of pertinent issues at the intersection of AI and education, including the potential of artificial intelligence to empower teachers and enhance our understanding of the learning process.

Commenting on the partnership, Marc Despallieres, Chief Strategy & Trading Officer at Vantage, said, “Our global footprint and presence in emerging markets has provided us with a unique perspective into the issues faced by our communities. We aim to foster a long-term, strategic partnership with UNESCO that rests on the foundations of our shared values – inclusion and equity. As a financial services provider, lending our support towards emerging technological developments in education, such as on AI in education and on digital literacy initiatives to students and learners in India, was a natural first step to take on this education journey.”

Talking about the role of artificial intelligence in financial inclusion, Eric Falt, Director and UNESCO Representative to Bhutan, India, the Maldives and Sri Lanka, said, “While the world may be on the fence about AI, this much is certain that AI is here to stay. With the rise of ICTs and digital banking platforms, AI has made financial inclusion a reality in India. Financial education and skilling are key to improving the economic and social well-being of people, especially women. In light of the same, we are very happy to partner with Vantage who share our commitments.”

Vantage’s partnership with UNESCO New Delhi brings together two organisations with a shared aspiration to ensure that no one is left behind. In the coming years, Vantage aims to leverage its financial and technological expertise to provide support for UNESCO’s education initiatives in India, by increasing the accessibility of teaching and bringing the benefits of education to those who need it most.

Vantage’s strategic partnership with UNESCO marks another milestone in its corporate environmental, social, and governance (ESG) journey, which was formally launched in July 2022 . Vantage has been collaborating with popular digital media producer Supercar Blondie to raise awareness on climate change and women’s empowerment during the week of the Extreme E race in Sardinia, Italy. In addition, the company has undertaken several other ESG activities this year, including a dollar-for-dollar matching fundraising exercise in partnership with the UNHCR (United Nations High Commissioner for Refugees) and a global blood donation drive across their offices.

About Vantage

Vantage is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, and Shares.

With more than 10 years of market experience. Vantage now has over 1,000 employees/personnel across more than 30 global offices.

Vantage is more than a broker. It provides a trusted trading ecosystem, an award-winning mobile trading app, and a faster and simpler trading platform that enables clients to take advantage of trading opportunities. Download the Vantage App on App Store or Google Play.

Be empowered to better capitalise on winning market opportunities when you

trade smarter @vantage.com

www.vantagemarkets.com

About UNESCO

The United Nations Educational, Scientific and Cultural Organization (UNESCO) was created in the year 1945.  It seeks to build peace and intercultural dialogue through education, the sciences, culture, communication and information. UNESCO’s programmes contribute to the achievement of the Sustainable Development Goals defined in the 2030 Agenda, adopted by the UN General Assembly in 2015.  As a laboratory of ideas, UNESCO helps countries to adopt international standards and manages programmes that foster the free flow of ideas and the exchange of knowledge.

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