Tagged: joint venture

Mastercard JV Approved to Begin Local Payments Processing in China

Mastercard (NYSE: MA) announced that its joint venture entity, Mastercard NUCC Information Technology (Beijing) Co., Ltd., has received formal approval from the People’s Bank of China (PBOC) and the National Administration of Financial Regulation (NAFR) in order “to commence domestic bankcard clearing activity in China.”… Read More

Crypto Trading: Gulf Binance Obtains Digital Asset Operator Licenses in Thailand

Gulf Binance Co., Ltd., a joint venture between Binance and Gulf Innova Co., Ltd., has now secured digital asset operator licenses from the country’s Ministry of Finance. Digital asset operators are “regulated by Thailand’s Securities and Exchange Commission (SEC).” Gulf Binance will be able “to… Read More

IBM Partners With Italian Bank Banca Carige to Launch $500 Million U.S. Technology Joint Venture “Dock”

IBM (NYSE: IBM) announced last week it has teamed up with Italian bank, Banca Carige, to launch launched Dock, a $500 million U.S. joint venture, to bring innovative technologies including AI, big data, analytics and cognitive tools to improve the competitiveness of Carige’s more than 500 branches and… Read More

FinLab AG Teams Up With Block.one to Launch $100 Million Joint Adventure to Accelerate Development of Blockchain Software EOS.IO Projects in Europe

Block.one, the developer behind blockchain software EOS.IO, and fintech investment company FinLab AG announced they have teamed up to launch a $100 million joint venture to accelerate the development of EOS.IO projects in Europe. The EOS.IO software reportedly provides accounts, authentication, databases, asynchronous communication and… Read More

CoAssets Establishes Second Strategic Joint Venture With Fujian Yaosheng Zichan

On Thursday, Singapore-based real estate crowdfunding platform CoAssets , which was recently listed on the National Stock Exchange of Australia to form CoAssets Limited (“CoAssets” or the “Company”) (NSX code: CAX), is pleased to announce  it has established its second strategic joint venture as part… Read More

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