Latest News

SUNRATE Brings Apple Pay to its Commercial Credit Card Customers

Published

3 months ago

April 8, 2024

A safer, more secure and private way to pay with iPhone and Apple Watch

HONG KONG, April 8, 2024 /PRNewswire/ — SUNRATE, an intelligent global payment and treasury management platform, today brings its customers Apple Pay, a safer, more secure and private way to pay, and uses the power of iPhone to protect every transaction.

“More and more businesses seek out for the same degree of convenience and security that they enjoy in their everyday personal transactions – therefore, even though we are known to be a global B2B payment platform, we’re thrilled to bring Apple Pay to our customers,” said Qincheng Wang, Head of Product, SUNRATE.

Customers simply double-click the side button, authenticate and hold their iPhone or Apple Watch near a payment terminal to make a contactless payment. Customers can also use Apple Pay on iPhone, iPad, and Mac to make faster and more convenient purchases in apps or on the web in Safari without having to create accounts or repeatedly type in shipping and billing information. Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID, or device passcode, as well as a one-time unique dynamic security code.

Security and privacy are at the core of Apple Pay. When customers use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted, and securely stored in the Secure Element, an industry-standard, certified chip designed to store the payment information safely on the device.

Apple Pay is easy to set up. On iPhone, simply open the Wallet app, tap+, and follow the steps to add SUNRATE commercial credit cards. Once a customer adds a card to iPhone, Apple Watch, iPad, and Mac, they can start using Apple Pay on that device right away. Customers will continue to receive all of the rewards and benefits offered by SUNRATE cards.

“Ever since SUNRATE started issuing commercial cards, it has been all hands on deck to expand our offerings and bring even more features to our customers – the support of Apple Pay is part of SUNRATE’s global vision to drive B2B digitalisation for businesses worldwide.”

SUNRATE commercial cards allow customers to settle card spends in more than 15 currencies, as well as customize key parameters such as card limits and expiration dates. Customers can also generate real-time transaction statements, and cater to various reconciliation needs. SUNRATE is certified to the international financial data security standard: Payment Card Industry Data Security Standard (PCI DSS) Level 1.

For more information on Apple Pay, visit: http://www.apple.com/apple-pay/

For more information on SUNRATE, please visit https://www.sunrate.com/

About SUNRATE

SUNRATE is an intelligent global payment and treasury management platform for businesses worldwide. Since its inception in 2016, SUNRATE is recognised as a leading solution provider and has enabled companies to operate and scale both locally and globally in 190+ countries and regions with its cutting-edge proprietary platform, extensive global network, and robust APIs.

With its global business headquarters in Singapore and offices in Hong Kong, Jakarta, London and Shanghai, SUNRATE partners with the top global financial institutions, such as Citibank, Standard Chartered, Barclays, J.P. Morgan and is the principal member of both Mastercard and Visa.

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View original content:https://www.prnewswire.co.uk/news-releases/sunrate-brings-apple-pay-to-its-commercial-credit-card-customers-302108405.html

Latest News

TISE reports sustained listings growth in first half

Published

58 mins ago

July 8, 2024

CISION (PR Newswire)

ST PETER PORT, Guernsey, July 8, 2024 /PRNewswire/ — The International Stock Exchange (TISE) listed 444 securities during the first half of 2024, an 18.4% increase on the equivalent period last year.

The new listings contributed to the total number of securities on TISE’s Official List reaching 4,371 on 30 June 2024, which is an increase of 5.6% year-on-year and a record high in the history of the Exchange.

The total market value of all listed securities surpassed the £700 billion mark for the first time, reaching £708 billion at the end of June.

Cees Vermaas, CEO of TISE, said: “I am delighted to report strong listing volumes on our public market during the first half of 2024. Global macro-economic conditions had subdued listing activity across the European corporate bond markets during the last couple of years but, with inflation under control, interest rates coming down and an improved outlook for growth, business flows have now started to recover. We are very pleased that clients continue to recognise our strengths as a leading European venue for listing bonds offered to institutional and professional investors.”

During the first half of the year, there were 436 newly listed securities admitted to TISE’s leading European professional bond market, the Qualified Investor Bond Market (QIBM). TISE has maintained its market-leader position across both private equity debt and high yield bonds and with the securitisation market also rebounding in 2024, TISE continues to grow its reputation as a listing venue for this debt product.

There were eight newly listed securities across TISE’s equity market during the first six months of the year as it sustained its position as the second largest venue for listed UK REITs, just behind the London Stock Exchange (LSE).

Mr Vermaas added: “This is a very positive opening six months of the year. We saw strong growth in new listings during the first quarter and this has continued through the second quarter as the soft-landing narrative has been sustained, primarily owing to the resilient growth in the US economy. M&A activity is returning, the wave of refinancing continues and now a lower interest rate environment is bringing more new high yield corporates to the market. A continuation of this upward momentum in the economic picture gives us reason to be optimistic for the second half of the year.”

View original content:https://www.prnewswire.co.uk/news-releases/tise-reports-sustained-listings-growth-in-first-half-302190817.html

Latest News

Travis Leonard joins Lockton’s Global Leadership Team as Chief Financial Officer

Published

2 hours ago

July 8, 2024

CISION (PR Newswire)

KANSAS CITY, Mo., July 8, 2024 /PRNewswire/ — Lockton is pleased to announce that Travis Leonard has joined the firm as Chief Financial Officer (CFO), succeeding Troy Cook who has occupied the role since 2020. Cook will transition to the role of Corporate Development as an advisor to Ron Lockton, Chairman and CEO.

Leonard is a highly regarded and deeply qualified finance executive with experience working in global markets. He will begin serving as Lockton’s CFO on July 8, 2024, and will work closely with Cook to execute a transition of duties and an in-depth onboarding process.

“We are excited Travis is joining Lockton’s global leadership team,” said Ron Lockton, Chairman and CEO. “He brings a wealth of financial experience, a global perspective and great energy to support the future growth of Lockton.”

Leonard has worked across various industry segments and global markets, excelling in financial leadership roles and leading significant transformation projects. Most recently, Leonard was the CFO of Hostess Brands, until the sale to J.M. Smucker Co. in November 2023. Prior to that, Travis was the CFO of the medical segment at Cardinal Health and held financial leadership roles at Kraft Foods, including time in Brazil, and Cargill after beginning his career at Arthur Andersen as a finance and economic consultant.

Travis was raised in the Kansas City metropolitan area and went on to attend the University of Illinois-Urbana-Champaign where he earned his BS in Finance followed by earning his MBA at Northwestern University – Kellogg School of Management.

Cook will remain on the Lockton, Inc. board of directors and will move into the role of EVP of Corporate Development, reporting to Ron Lockton, Chairman and CEO. In this role, Troy will actively assist in the transition of duties and onboarding of Travis while partnering with leadership on global development opportunities and playing an advisory role to the CEO.

“I am grateful for Troy’s commitment and leadership as CFO during a very important growth period for the company,” said Lockton. “When Troy transitioned from the role of independent board member to CFO in 2020, it was planned to be a 5-year term. He has helped position Lockton for strong, sustained growth and will continue to have a positive impact on Lockton through this planned transition and leadership in corporate development.”

Lockton, Inc. is excited to welcome Travis Leonard to the team and looks forward to the contributions he will make to the company’s future growth and success.

About Lockton

What makes Lockton stand apart is also what makes us better: independence. Lockton’s private ownership empowers its 11,700+ Associates doing business in over 140 countries to focus solely on clients’ risk, insurance and people needs. With expertise that reaches around the globe, Lockton delivers the deep understanding needed to accomplish remarkable results. For more information, visit www.lockton.com

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View original content:https://www.prnewswire.co.uk/news-releases/travis-leonard-joins-locktons-global-leadership-team-as-chief-financial-officer-302189075.html

Latest News

Bitget Introduces the First BGB Perpetual Futures with up to 50x Leverage

Published

3 hours ago

July 8, 2024

CISION (PR Newswire)

VICTORIA, Seychelles, July 8, 2024 /PRNewswire/ — Bitget, the leading global cryptocurrency exchange and web3 company, is excited to announce that its native token, Bitget Token (BGB), is now exclusively available for futures trading on the platform. As the first BGB perpetual futures, BGBUSDT-M will be live on July 8, 2024, with a maximum leverage of 50x.

BGB is the ecoystem token of Bitget, designed to create a simple, secure crypto ecosystem accessible to all. Launched in July 2021 with a total supply of 2 billion, BGB now has 1.4 billion tokens in circulation. Bitget Token (BGB) offers exclusive perks to all holders, aiming to share the fruits of Bitget’s growth with all users. These benefits include spot trading fee discounts, free withdrawal, access to token sales or airdrops on Launchpad and Launchpool, and other platform-specific benefits, incentivizing users to hold and use BGB, thereby creating a strong utility-driven ecosystem.

In addition to futures trading, BGB can be traded on Bitget’s spot and margin markets, used for copy trading, and utilized with trading bots, enhancing the versatility and utility of the token within the Bitget ecosystem. The token has also been listed on other major centralized exchanges like Bitfinex and MEXC. BGB has demonstrated impressive market performance, a new all-time high of $1.4306 in early June 2024, up 141.4% in the past year.

Gracy Chen, CEO of Bitget, commented: “We are thrilled to expand the trading options for BGB, offering our users more ways to benefit from Bitget’s native token. The addition of BGB to the futures market, along with existing trading services and utilities, proves our commitment to providing a comprehensive, rewarding and smart trading experience. Looking forward to new heights of the token and the company!”

On 1st July, Bitget announced the upgrade of its native token BGB’s smart contract address. This enhancement aims to increase the utility and potential of BGB, paving the way for its use in various dApps and facilitating future listings on more centralized and decentralized exchanges. To celebrate the launch of the first BGB perpetual futures, Bitget will host a series of competitions to give away 20,000 BGB to its users.

For more details on BGB futures trading and surrounding promotional events, please visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team).