Browsing: strategic

As part of its relentless pursuit to stay ahead of payment fraud, Caxton Payments has teamed up with tell.money to introduce Confirmation of Payee (CoP) services, adding yet another cutting-edge layer of security to its platform and ensuring customers’ funds are more protected than ever. This collaboration comes at a crucial time, as authorised push payment fraud for the first half of 2024, though declining, still reached 97,344 cases and caused personal losses of £166.5 million and business losses of £47.2 million.(1) The partnership will integrate tell.money’s Confirmation of Payee service, a fully managed SaaS solution, enabling both business and…

Shell Energy North America (US), L.P. (SENA), a subsidiary of Shell plc, has announced its agreement to acquire a 100% equity stake in RISEC Holdings, LLC, which owns a combined-cycle gas turbine power plant with a capacity of 609 megawatts (MW) in Rhode Island, USA. This strategic acquisition aims to bolster Shell’s position in the deregulated Independent System Operator New England (ISO New England) power market. The Rhode Island plant has been a vital asset for Shell since 2019, when SENA entered into an energy conversion agreement for 100% of the plant’s energy offtake. The acquisition will not only secure…

The UK’s ongoing Strategic Defence Review (SDR) has received a significant boost with the addition of six prominent figures from defence, security, and government sectors. These experts will support the external reviewers leading the comprehensive evaluation of Britain’s defence strategy, which aims to ensure the nation remains secure at home and strong abroad for the foreseeable future. Prime Minister Keir Starmer initiated the root-and-branch review of UK defence last month, marking the first time such a review has been led by external experts. The SDR has been broadly welcomed as a crucial step in reassessing the UK’s defence capabilities in…

Gaming Innovation Group (GiG) has announced the appointment of Andreas Söneby to its Board of Directors for GiG Platform, a move that underscores the company’s commitment to innovation and growth in the competitive gaming and technology sectors. The appointment is effective immediately. Andreas Söneby brings a wealth of experience, with a distinguished career spanning leadership roles in some of the industry’s most prominent companies, including Unibet, Kindred Group, and Kambi. His addition to the GiG Platform Board is seen as a strategic move to bolster the company’s expertise and drive its continued expansion in the global market. Mr. Söneby’s extensive…

Incase, a global leader in design-driven carry and protection products, has announced a significant expansion of its offerings by re-launching a range of Microsoft accessories in the final quarter of 2024. This move comes as part of a strategic partnership between Incase’s parent company, Onward Brands, and Microsoft, wherein Onward Brands has secured the licensing rights and associated intellectual property for a wide array of Microsoft’s accessory products. The agreement will see Incase taking on the manufacturing and distribution of some of Microsoft’s most popular accessory items, including keyboards, mice, webcams, headsets, and speakers. By leveraging Microsoft’s renowned product design…

Global transportation platform Omio adds Ryanair flights to its offering, alongside trains, buses, and ferries. Omio partners with Ryanair to provide travellers with the opportunity to seamlessly book flight options within the Omio app. This agreement bolsters Omio’s position as the leading travel service platform in Europe and beyond. Omio, the leading global platform for booking trains, planes, buses, and ferries, and Ryanair, Europe’s No.1 airline, today announce a new partnership. This collaboration allows Omio to offer Ryanair’s low-fare flights to its customers, enhancing the range of choices and experiences for those seeking value and convenience. The partnership between Omio…