KARACHI: Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has launched ‘Dost’, a mobile-based application that provides a complete digital banking ecosystem to its customers and gives them hassle-free access to financial services round the clock. The latest addition to the MMBL ecosystem reflects the bank’s relentless pursuit for innovation to foster digital banking…
Israeli company malware attacked Windows operating system
NEW YORK: An Israeli company was behind malware that was used to attack PCs running its Windows operating system, Microsoft said. Microsoft Threat Intelligence Center (MSTIC) alongside the Microsoft Security Response Center (MSRC) has uncovered a private-sector offensive actor, or PSOA, called SOURGUM. The company has also sought to identify government-backed hackers, such as the…
Facebook reports online cyber espionage campaign by hackers in Iran
HOUSTON: Facebook blocked a “sophisticated” online cyber espionage campaign conducted by hackers in Iran attempting to surveil western military, defence and aerospace personnel via its platform. According to Facebook, a known group of Iranian hackers known as Tortoiseshell created fake online personas such as defence employees and recruiters on its platform to trick victims into…
Santander to acquire Amherst Pierpont for $600 million
BOSTON: Santander Holdings USA has reached an agreement to acquire Amherst Pierpont Securities, a market-leading independent fixed-income broker dealer, through the acquisition of its parent holding company, Pierpont Capital Holdings LLC, for a total consideration of approximately $600 million, a news release said. Amherst Pierpont will become part of Santander Corporate & Investment Banking (Santander…
Integrated Wind Solutions acquires Green Ducklings
OSLO, NORWAY: Integrated Wind Solutions AS (IWS) announced the acquisition of Green Ducklings A/S. Green Ducklings is a Danish offshore wind specialist advisory to the global renewable industry with sole focus on offshore wind power. “The acquisition of Green Ducklings will enable an acceleration of our ambitious strategy, where IWS is owning and developing a…
Magnit accelerates e-commerce development and digital transformation
KRASNODAR, RUSSIA: Magnit PJSC, one of Russia’s leading retailers, announces changes to the Company’s organisational structure in order to accelerate Magnit’s digital transformation and focus on growing e-commerce sales. As part of the reorganisation, a new business unit has been established to oversee the development of Magnit’s e-commerce sales channels and to continue to enhance…
Jeanette Jäger will commence as CEO of Enento Group on 1 January 2022
HELSINKI, FINLAND: Jeanette Jäger has been appointed Enento Group Plc’s CEO and member of the Executive Management Team. She will start in her position on 1 January 2022. Jeanette Jäger has strong experience in the Nordic banking and finance sector in leadership, ICT, Finance and Sales & Marketing positions. Since 2016 she has worked in…
CARMAT announces first human implant of its total artificial heart in United States
PARIS, FRANCE: CARMAT announced the first implantation of its bioprosthetic artificial heart, Aeson, in the United States within the framework of the Early Feasibility Study (EFS). CARMAT is the designer and developer of the world’s most advanced total artificial heart, aiming to fulfill an unmet medical need by providing a therapeutic alternative to people suffering…
STV Player signs with Banijay Rights for biggest-ever content deal
LONDON, UK: STV Player today announced its biggest content deal to date, after partnering with Banijay Rights to bring over 1200 hours of new programming to the free streaming service. The content will be dropped on the platform over the next twelve months and will primarily comprise high-end drama and compelling factual series from around…
Drug companies fines £260 million for competition law breaches
LONDON, UK: Competition and Markets Authority (CMA) has imposed fines totalling over £260 million for competition law breaches in relation to the supply of hydrocortisone tablets. The fines are the result of a Competition and Markets Authority (CMA) investigation into the conduct of several pharmaceutical firms which found that Auden Mckenzie and Actavis UK (now…
Athletes Unlimited chooses Blackbird
LONDON, UK: Athletes Unlimited has chosen Blackbird to drive fast, flexible and efficient cloud native video workflows, a news release said. Founded by Jon Patricof and Jonathan Soros, Athletes Unlimited is a fast-growing network of next generation US sports leagues covering softball, volleyball and lacrosse. Making key decisions regarding how the leagues are run, professional…
NortonLifeLock in discussion to acquire Avast PLC
LONDON, UK: NortonLifeLock Inc., a global leader in consumer Cyber Safety, notes the announcement by Avast, released earlier today, and confirms that it is in advanced discussions with the board of Avast regarding a possible combination of NortonLifeLock and Avast. A combination of NortonLifeLock and Avast would bring together two companies with aligned visions, highly…