Articles

Affichage des articles du janvier, 2022

La Banque Postale to Buy Out CNP in Largest 2021 Insurance Deal - BNN

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(Bloomberg) -- French lender La Banque Postale is offering to buy the shares it doesn't already own in CNP Assurances, valuing the firm at some 15 billion euros ($17 billion) in what stands to be the largest takeover of an insurer this year. The Paris-based bank agreed to acquire the 16% stake in the insurer held by French banking group BPCE for 21.90 euros per share, and will make a takeover offer for the remaining 21% free float at the same price, according to a statement on Thursday. The offer represents a premium of about 36% over CNP's closing price of 16.08 euros on Tuesday. CNP Assurances's shares jumped 36% to 21.85 euros in early Paris trading on Thursday. A full takeover would surpass Apollo Global Management Inc.'s agreed purchase of Athene Holding Ltd in March which came in at $11 billion. The value of deals targeting insurers has more than doubled globally in 2021 to over $85 billion, the data show.  Dealmaking in the insurance sector has accelerat

Debit Card Definition - Investopedia

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What Is a Debit Card? A debit card is a payment card that deducts money directly from a consumer's checking account when it is used. Also called "check cards" or "bank cards," they can be used to buy goods or services; or to get cash from an automated teller machine or a merchant who'll let you add an extra amount onto a purchase. Key Takeaways Debit cards eliminate the need to carry cash or physical checks to make purchases, and they can also be used at ATMs to withdraw cash. Debit cards usually have daily purchase limits, meaning it may not be possible to make an especially large purchase with a debit card. Debit card purchases can usually be made with or without a personal identification number (PIN). You may be charged an ATM transaction fee if you use your debit card to withdraw cash from an ATM that's not affiliated with the bank that issued your card. Some debit cards offer reward programs, similar to credit card reward pr

Hazem Hegazy named CEO of Al Baraka Bank Egypt subject to Central Bank approval - Daily News Egypt

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Hazem Hegazy was appointed as Vice Chairperson and CEO of the Al Baraka Bank Egypt, subject to the approval of the Central Bank of Egypt (CBE). The Al Baraka Bank said, in a statement to the Egyptian Exchange (EGX) on Tuesday, that the bank's outgoing Vice President and CEO Ashraf Al-Ghamrawy, and outgoing Executive Vice President Sami Abdel Gawad have submitted their resignations effective as of 1 October and 22 September, respectively. The Board accepted both resignations. Hegazy, who is currently the Vice Chairperson of Banque du Caire, is scheduled to assume his new position on 1 October after he resigns from Banque du Caire. He has more than 30 years of experience in the banking sector, especially retail activities and small- and medium-sized en

Capital One Costco Credit Card Is Ending: How to Find an Alternative - The Motley Fool Canada

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Another celebrity relationship is on the brink of break-up: by the end of 2021, Capital One will withdraw its partnership from retail giant Costco . For those that hold a Capital One Costco credit card (try saying that five times fast), that leaves many questions unanswered. What will happen to your Capital One account? Who will Costco partner with next? Can you still use a Mastercard to buy Costco's pizza and churros? It's a mystery, sure. But if there's one question you  can start answering, it's this: how can you find an alternative credit card? To help you get a straight answer, let's breakdown the Capital One Costco card's benefits and see. Capital One Costco card: The lowdown First off, the Capital One Costco card is a store credit card, meaning it's available only to Costco members. As of this writing, the card has no annual fee and a flat APR of 19.75% for all transactions, including cash advances and balance transfers. It can

Crédito Agrícola Group taps Meniga for carbon tracking tool - Finextra

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Meniga, the global leader in personal finance banking solutions, has today announced that is has partnered with Portuguese national financial group, Crédito Agrícola Group, to launch its market-leading green banking solution, 'Carbon Insight' in Portugal. Meniga's 'Carbon Insight' - which becomes the first bank-based carbon footprinting solution to be launched in Portugal - has been integrated within Crédito Agrícola's innovative mobile banking app, 'moey!', and enables customers to analyse and track their carbon footprint in real-time. Unlike traditional carbon calculators, which typically require lengthy and arduous manual inputting, Meniga's 'Carbon Insight' automatically calculates a user's carbon footprint based on their spending profile. The solution is equipped with several advanced features - including digital gamification, as well as nudges and personalised insights - which will provide 'moey!' a

Western Europe B2C E-Commerce Market 2021: Food was Fastest Growing Product Category in Germany in 2020 - ResearchAndMarkets.com - Business Wire

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DUBLIN--( BUSINESS WIRE )--The "Western Europe B2C E-Commerce Market 2021" report has been added to ResearchAndMarkets.com's offering. A great number of businesses/retailers in Western Europe have decided to focus on E-Commerce in the face of COVID-19. Moreover, Western Europe also observed a strong increase in B2C E-Commerce sales in 2020, and this growth rate is expected to progressively decline over the years, despite a steady increase in market size. The region's markets have seen significant growth in the online retail market. The U.K. continues to be region's leader in B2C E-Commerce market size, growing more than 30% year-over-year in 2020. In 2021, the U.K.'s B2C e-commerce market share is expected to reach nearly one-third of retail sales. Another mature market is Germany, where the B2C E-Commerce market grew more than 20% year over year in 2020. In global ranking by value, Germany is estimated to be the sixth largest country by value in 202

Upgrade launches a credit card with bitcoin rewards - TechCrunch

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Fintech startup Upgrade is launching a new credit card today. The Upgrade Bitcoin Rewards Card is a classic Visa credit card that works across the Visa network. But you get 1.5% in bitcoin rewards when you make payments. Upgrade isn't the first company to announce a credit card with bitcoin rewards — but it's the first one that is generally available. If your application is approved, you can start using the virtual card immediately. BlockFi announced its own credit card with bitcoin rewards in December 2020. Gemini followed suit quickly thereafter. But those cards are still not generally available. A couple of weeks ago, BlockFi started inviting people on its waitlist. So a general rollout should come sooner rather than later. As for the Upgrade Bitcoin Rewards Card, the company offers credit lines from $500 to $25,000 depending on your credit score. It works with Apple Pay and Google Pay. Like other Upgrade credit cards, there are no monthly fees, late fees or returned p

Capital One Costco Credit Card Is Ending: How to Find an Alternative - The Motley Fool Canada

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Another celebrity relationship is on the brink of break-up: by the end of 2021, Capital One will withdraw its partnership from retail giant Costco . For those that hold a Capital One Costco credit card (try saying that five times fast), that leaves many questions unanswered. What will happen to your Capital One account? Who will Costco partner with next? Can you still use a Mastercard to buy Costco's pizza and churros? It's a mystery, sure. But if there's one question you  can start answering, it's this: how can you find an alternative credit card? To help you get a straight answer, let's breakdown the Capital One Costco card's benefits and see. Capital One Costco card: The lowdown First off, the Capital One Costco card is a store credit card, meaning it's available only to Costco members. As of this writing, the card has no annual fee and a flat APR of 19.75% for all transactions, including cash advances and balance transfers. It

Service Providers Can Earn All Year Long with KYB Excel-Gold - AftermarketNews.com (AMN)

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KYB is making it easier for professional technicians to earn rewards for purchasing and installing KYB shocks and struts.   The updated KYB Excel-Gold Rewards Program offers professional technicians the ability to earn unlimited rewards throughout 2022. Each user will receive a KYB Excel-Gold Prepaid Mastercard and have access to a dedicated dashboard that will show real-time updates on their claims, payout dates and amounts. Professional Technicians who have received a KYB Excel-Gold Prepaid Mastercard from previous KYB promotions are already registered and can continue earning by uploading qualified invoices. For a limited time only, new registrants will receive a $10 sign-on bonus when they join the KYB Excel-Gold Rewards program.  Throughout 2022 Professionals will earn funds for purchasing and installing featured KYB products. During the first quarter of 2022 KYB will reward Technicians with $5 for every KYB Excel-G Strut and Str

Groupama Group and La Banque Postale announce the closing - GlobeNewswire

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Having obtained the necessary authorisations from the supervisory authorities, La Banque Postale and the Groupama Group announce the closing of the transaction covering the acquisition by La Banque Postale of Groupama's 35% interest in La Banque Postale Assurances IARD as well as their extended cooperation in the areas of legal protection and assistance services. La Banque Postale Assurances IARD, which was set up in late 2009 as a joint venture between La Banque Postale and the Groupama Group, markets property & casualty insurance products and services to La Banque Postale's retail customers. With over 500 employees and an insurance portfolio comprising 1.8 million policies, La Banque Postale Assurances IARD has become an independent full-service insurance company. Further to the acquisition of the Groupama Group's 35% interest in La Banque Postale Assurances IARD, La Banque Postale is now the sole shareholder. La Banque Postale intends to

How to use credit or debit cards on PlayStation Store - PlayStation

If you would like to link your credit or debit card to PlayStation Store, add it as your default payment method and select it during checkout. You can also use a credit or debit card to top up your wallet which can then be used to make PlayStation Store purchases.  A child account doesn't have a PlayStation wallet, and can only make purchases using funds from the family manager's PlayStation wallet within a monthly spending limit. This limit is automatically set to 0 when the account is created.

Société Générale buys LeasePlan for $5.54B to expand car-leasing entity - Seeking Alpha

[unable to retrieve full-text content] Société Générale buys LeasePlan for $5.54B to expand car-leasing entity    Seeking Alpha

Ransomware and Phishing and Malware, Oh My! Combatting 2021's Scariest Security Threats - PCMag

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It's the end of 2021, so I'd like to take some time to reflect on the significant security-related stories of the past year. In 2021 we learned a great deal about the SolarWinds attacks, which were detected in December of 2020. The suspected Russian hackers behind the attack targeted multiple government agencies, thousands of private businesses, and other organizations that used SolarWinds Orion software. Earlier this year, Microsoft warned that the hacking group, known as Nobelium or Cozy Bear, returned. This time, Microsoft says the group was trying to disrupt the global IT supply chain by attacking resellers and technology providers that help customers manage and deploy Microsoft's cloud services. Ransomware was a problem for United States government agencies, and businesses across various industries, from water systems in the United States to payroll companies. At the end of the year, Microsoft even warned that an exploit paved the way for state-sponsored hackers from C

Is Mastercard (NYSE:MA) a Buy? | Investing in Mastercard - Value The Markets

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Mastercard Inc. is an American multinational financial services corporation that provides financial services around the world. Mastercard's longevity and legacy as a financial services corporation makes it an attractive investment opportunity. With many investors asking if they should be investing in Mastercard, we have taken a detailed look at the company and the investment opportunity. What is Mastercard? Mastercard's primary business function is to process payments between the banks of merchants and the card-issuing banks or credit unions of the purchasers who use the "Mastercard" brand debit, credit and prepaid cards to make purchases. Starting life as Interbank in 1966 the company changed its name to Master Charge in 1969 and then finally to Mastercard ten years later in 1979. Before going public in May 2006, selling 95.5 million shares at $39 each, Mastercard was a co-operative that was owned by more than 25,000 financial institutions that issued its branded car

I bought Bitcoin from PayPal. Here's what happened - ZDNet

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There is no doubt that cryptocurrency has traction in the financial world. As of the moment I'm writing this, Bitcoin alone has a market cap of nearly a trillion dollars. But crypto has also been encumbered with a steep learning curve. In addition to making an informed financial investment, crypto participants have needed to learn how to manage their crypto wallets, how to secure their currency holdings, and more. See also:  The best crypto is anyone's guess: Bitcoin and 11 more cryptocurrencies you need to know . But despite the wild volatility of the crypto market, mainstream financial players have felt compelled to participate in what's either a gold rush or a modern-day example of tulip mania. When PayPal decided to start offering Bitcoin to its users, it became clear that crypto was here to stay (although at what valuation is anyone's guess). In any case, to celebrate the new year, and because it seemed like a fun exercise, I decided to buy some Bitcoin vi