Fintech PR
ACX Partners With the Athens Stock Exchange in Greece to Develop Carbon Market in the region
SINGAPORE, ATHENS, Greece and ABU DHABI, UAE, Sept. 19, 2023 /PRNewswire/ — ACX (AirCarbon Exchange) and the Athens Stock Exchange (ATHEX) are delighted to establish a partnership to explore the development of a Voluntary Carbon Market in Greece, with the goal of creating a transparent and efficient market for Voluntary Carbon Credits.
This is the latest step in ACX’s bold ambition to operate the world’s largest environmental exchange network and the new Carbon Market in Greece will represent ACX’s first base in continental Europe.
Thomas McMahon, ACX Co-CEO and Co-Founder, said, “We are thrilled to partner with ATHEX to explore the prospect of establishing a Voluntary Carbon Market for Greece. This collaboration marks a significant milestone in our expansion strategy, particularly within the European Union. By leveraging ATHEX’s expertise and market reach, we are poised to create a robust platform that will facilitate carbon trading and accelerate the transition to a low-carbon economy in Greece. Together, we are committed to fostering sustainability. This partnership exemplifies our shared vision of a greener future and reinforces our dedication to creating meaningful environmental impact.”
The ACX and ATHEX partnership aims to combine ACX’s international, digital exchange platform with ATHEX’s extensive experience as a well-established operator of regulated entities (covering trading, clearing and settlement operations) within the EU capital market. This collaboration seeks to enhance price transparency and expand the reach of Voluntary Carbon Markets in Europe, providing valuable opportunities for governments and companies to achieve their net-zero goals. The establishment of this joint venture in Greece will further support multiple objectives:
– The partnership will facilitate the private sector participation with a target to achieve their net zero goals, over and above the goals set by the EU ETS scheme.
– It will create opportunities to support local carbon reduction and removal efforts, while also enhancing capital flows to programmes that enable carbon offsets.
– With Greece’s recovery and resilience plan allocating over €600 million[1] towards driving the green transition, the joint venture can provide the Greek state with an infrastructure with global reach to effectively address climate change issues and implement emission reduction and avoidance policies.
– The collaboration will foster the development of carbon markets in the region by granting access to a global carbon market. Moreover, it will enable the Athens Stock Exchange to collaborate closely with local project developers, particularly those involved in forest restoration, helping them navigate the route to market for their credits.
ATHEX is actively involved in sustainable initiatives as part of the Sustainable Stock Exchanges (SSE) initiative of the United Nations since 2018. Moreover, Greece’s EU membership makes it part of the region’s Emission Trading Scheme. A partnership of this type would establish an efficient market for the voluntary sector and could potentially render Greece the first country to offer access to both an active Compliance Carbon Market and a Voluntary one, benefiting from increased liquidity and investor access This would be a crucial stepping stone in the alignment of Compliance and Voluntary Markets as part of the United Nation’s Article 6 framework.
Yianos Kontopoulos, ATHEX GROUP CEO, said: “As the operator of EU regulated infrastructures, including ATHEX, ATHEXCLEAR, and ATHEXCSD, we find ourselves in a unique position to empower our ecosystem to embrace Voluntary Carbon Credits. Our partnership with ACX enables us to facilitate seamless access for local and regional project developers, investors, and government bodies, empowering them to effectively drive Greece’s net-zero efforts. At ATHEX, we are committed to playing a vital role in accelerating the transition towards a greener and more sustainable future.”
About the ACX Group:
The ACX (AirCarbon Exchange) Group, including ACX Ltd and AirCarbon Pte. Ltd. which operate environmental exchanges in Abu Dhabi and Singapore respectively, caters to corporate entities, financial traders, carbon project developers and other industry stakeholders. ACX provides participants with an efficient and transparent trading platform that is user-friendly, seamless and offers the lowest transaction fees in the market. Leveraging distributed ledger technology, ACX facilitates the scalable growth of the environmental product markets to align with global ambitions of achieving Net Zero.
ACX is proud to be a member of the International Emissions Trading Association (IETA) and the International Sustainability and Carbon Certification (ISCC), further enhancing its commitment to sustainability and responsible trading practices for carbon and other environmental products. ACX has garnered international recognition as the Best Carbon Exchange globally in Environmental Finance’s esteemed Voluntary Carbon Market Rankings for two consecutive years (2021, 2022), solidifying its position as a leader in the industry.
For more information, please contact [email protected] or visit www.acx.net.
About the Athens Exchange Group:
The Athens Exchange Group provides support to the Greek capital market by operating equities and derivatives markets as well as the alternative market. The exchange also performs clearing and settlement of trades and has participated in the energy market since 2019. The Group offers financing tools and solutions to companies, expanding investor choice by providing a safe, stable and easy environment in full alignment with international practices and the European regulatory framework.
For more information, visit: https://www.athexgroup.gr/
View original content:https://www.prnewswire.co.uk/news-releases/acx-partners-with-the-athens-stock-exchange-in-greece-to-develop-carbon-market-in-the-region-301931493.html
STUTTGART, Germany, Nov. 26, 2024 /PRNewswire/ — Exyte, a global leader in the design, engineering, and delivery of high-tech facilities, was presented with the Outstanding Supplier Performance Award in Supplier Diversity at the Micron Supplier Day 2024. The event, held in San Francisco, CA, USA, was attended by top-level management of Micron and its suppliers, including Exyte. This award highlights Exyte’s commitment to excellence in quality, innovation, and collaboration with Micron, a global leader in memory and storage solutions.
“I am truly grateful and honored to be receiving this award on behalf of Exyte. It is always great to receive such recognition directly from our clients, more so from an industry leader like Micron. I am very proud of our employees involved, that their exceptional hard work and commitment to deliver for Micron are highly appreciated,” commented Dr. Wolfgang Büchele, Exyte Group Chairman and CEO, in his award acceptance speech.
The Micron Global Supplier Award is an annual accolade that celebrates outstanding supplier performance across twelve categories. The awards are determined through a comprehensive evaluation process that scores suppliers on various criteria.
Exyte’s long-standing collaboration with Micron stretches back for more than a decade. Exyte has fostered a strong cooperation with Micron through major projects in both Asia and the USA.
For over 45 years, Micron’s innovative memory solutions have been instrumental to the world’s most significant technological advancements. Exyte is privileged to play a role in helping elevate the capabilities of customers such as Micron as Exyte continues with its mission of creating a better future for all, together.
“My heartfelt congratulations to all our team members for winning this award. I am extremely thrilled for them as this win is a remarkable testament to the collective effort and dedication they bring to their work at Micron,” lauded Mark Garvey, Exyte Executive Board Member and CEO of Global Business Unit Advanced Technology Facilities. “I would also like to thank Micron for their continuous support and in recognizing the contributions of their suppliers. I look forward to reinforcing Exyte’s collaboration with Micron in 2025 and beyond,” Garvey added.
About Exyte
Exyte is a global leader in the design, engineering, and delivery of ultra-clean and sustainable facilities for high-tech industries. With cutting-edge expertise developed over more than a century, the company serves clients in the sophisticated markets of semiconductors, battery cells, pharmaceuticals, biotechnology, and data centers. Exyte offers a full range of services from consulting to managing the implementation of turnkey solutions with the highest standards in safety and quality to its customers worldwide. Exyte creates a better future by enabling key industries to enhance the quality of modern life. In 2023, the company generated sales of €7.1 billion with around 9,700 employees worldwide.
Contact
Samy Abdel Aal
Public Relations Manager
Mobile: +49 172 840 33 01
Phone: +49 711 880 44 696
[email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/exyte-receives-microns-outstanding-supplier-performance-award-in-supplier-diversity-302316477.html
Fintech PR
GCash enables seamless linkage of Overseas Filipino remittances with UK and EU bank cash in
MANILA, Philippines, Nov. 26, 2024 /PRNewswire/ — GCash, the Philippines’ leading finance super app and largest cashless ecosystem, further expands its presence overseas, particularly in the United Kingdom and Europe, through the new UK/EU Bank Cash In feature, revolutionizing remittance for around two million Filipinos in Europe.
Starting in November, overseas Filipinos in the UK and Europe will be able to seamlessly link their international bank accounts to GCash, making it easier and more convenient to send remittances to the Philippines.
Previously, sending money from the UK and Europe to the Philippines has been a complex and time-consuming process, often involving expensive fees and multiple intermediaries. With the new feature, Filipinos can enjoy lower fees and faster transaction times when sending money home, as well as competitive exchange rates and real-time access to funds.
“Many Filipinos have chosen Europe and the United Kingdom as their home. GCash hopes to provide their needs and help them connect with their loved ones, as a trusted digital finance partner made for Filipinos, by Filipinos,” said Paul Albano, GCash International General Manager.
Floris de Kort, CEO of Thunes, added, “We are expanding our collaboration with GCash, a long-standing valued Member of our Direct Global Network, to transform digital wallet top-ups. Through Thunes’ Direct Global Network, we are now delivering an instant top-up service that simplifies cross-border transactions. Our alliance with GCash is a testament to our passion for innovation, the versatility of our proprietary network, and our dedication to financial inclusion through money movement around the world.”
Through its vision of making ‘Finance for All’ a reality for its users around the world, GCash has recently become the Philippines’ first and only $5 billion unicorn. With its relentless push for financial inclusion and strong growth prospects, it recently gained new investments from Japan’s largest banking group Mitsubishi UFJ Financial Group (MUFG), and Ayala Corporation one of the Philippines’ biggest and most enduring conglomerates.
“At GCash, we prioritize finance for all Filipinos whether they are in the Philippines or abroad. We know our countrymen in Europe and the UK work hard to provide for their families back home,” says Albano. “We want to make their lives easier by looking for more convenient ways to help them send money back to their families.”
About GCash
GCash is the Philippines’ #1 Finance Super App and Largest Cashless Ecosystem. Through the GCash App, users can easily purchase prepaid airtime; pay bills via partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 6 million partner merchants and social sellers; and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. Its mobile wallet operations are handled by G-Xchange, Inc. (GXI), a wholly-owned subsidiary of Mynt, the first and only $5 billion unicorn in the Philippines.
About Thunes:
Thunes is the Smart Superhighway to move money around the world. Thunes’ proprietary Direct Global Network allows Members to make payments in real-time in over 130 countries and more than 80 currencies. Thunes’ Network connects directly to over 7 billion mobile wallets and bank accounts worldwide, as well as 15 billion cards via more than 320 different payment methods, such as GCash, M-Pesa, Airtel, MTN, Orange, JazzCash, Easypaisa, AliPay, WeChat Pay and many more. Thunes’ Direct Global Network differentiates itself through its worldwide reach, in-house SmartX Treasury System and Fortress Compliance Platform, ensuring Members of the Network receive unrivaled speed, control, visibility, protection, and cost efficiencies when making real-time payments, globally. Members of Thunes’ Direct Global Network include gig economy giants like Uber and Deliveroo, super-apps like Grab and WeChat, MTOs, fintechs, PSPs and banks. Headquartered in Singapore, Thunes has offices in 15 locations, including Abidjan, Barcelona, Beijing, Dubai, Hong Kong, Johannesburg, London, Manila, Nairobi, Paris, Riyadh, San Francisco, Sao Paulo and Shanghai. For more information, visit: https://www.thunes.com/
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View original content:https://www.prnewswire.co.uk/news-releases/gcash-enables-seamless-linkage-of-overseas-filipino-remittances-with-uk-and-eu-bank-cash-in-302316421.html
BEIJING, Nov. 26, 2024 /PRNewswire/ — The renowned Italian luggage maker BRIC’S in partnership with BranDNA are thrilled to announce the opening of BRIC’S first China brick-and-mortar shop in the bustling Wangfujing shopping district of Beijing.
This strategic entry follows BRIC’S remarkable success in key Asian markets such as Japan and Korea, marking a significant milestone in its international expansion journey.
Founded in 1952, BRIC’S has become synonymous with luxury and elegance, famous for its premium leather craftsmanship and the meticulous artistry that goes into every piece of luggage, seamlessly blending tradition with innovation and function.
The newly opened BRIC’S store at Dong An Rui Jin in Beijing offers a diverse range of its signature collections, including the BELLAGIO, FIRENZE, LIFE, and X-COLLECTION tailored to discerning traveler needs.
“We see great potential in the Chinese market, especially as travel rebounds post-pandemic,” stated Attilio Briccola, CEO of BRIC’S. “This partnership with BranDNA is pivotal in ensuring that our brand is strategically positioned for success. BranDNA’s deep industry expertise and robust network will help us present our elegant creations to a whole new audience.”
China’s travel sector is booming, with outbound trips expected to reach 130 million this year and domestic travel up by 14.3% in the first half of 2024, per the Ministry of Culture and Tourism. This surge presents a key opportunity for BRIC’S.
James Chen, CEO of BranDNA, shared, “We are excited to satisfy the burgeoning demand of today’s travelers who seek both style and utility in their travel accessories. With BRIC’S, we aim to set a new standard in the Chinese luggage market.”
With over 20 years of brand management experience in China, BranDNA manages strong portfolio of fashion and lifestyle brands, including 7 For All Mankind, United Arrows, Pink House, BCBGMAXAZRIA, Ben Sherman, Body Glove, Borghese and many others.
Visit the new BRIC’S location at Dong An Rui Jin, Store F1-11, No. 138 Wangfujing Street, Dongcheng District, Beijing, and experience the art of Italian craftsmanship.
About BranDNA
With a comprehensive functional service, including China entry strategy, merchandising, retail management, business development network marketing, and more, BranDNA offers a one-stop solution and a safer and efficient road for brands entering China and Southeast Asia.
Discover more about BranDNA at www.brandna.net or connect via LinkedIn at BranDNA.
About BRIC’S
BRIC’S is a luxury Italian luggage brand known worldwide for its exceptionally designed luggage including trolleys, duffles, handbags, briefcases, and other leather and nylon goods. BRIC’S collections have always been characterized by constant development, where research and Heritage, innovation and tradition, functionality, and elegance are intertwined and balanced with skilled craft, advanced technology, and interpretation of new trends, creating a perfect fusion between shape, function, and design. Today, BRIC’S reflects timeless elegance typical of its province, Lake Como, harmoniously blending with the urban and cosmopolitan style of Milan – the city that hosts its most important Flagship Store in the Galleria Vittorio Emanuele.
For more information: www.brics.it | IG @bricsmilano | FB @bricsmilano
View original content:https://www.prnewswire.co.uk/news-releases/brics-partners-with-brandna-to-launch-first-brick-and-mortar-store-in-mainland-china-302316389.html
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