CORPORATE APPOINTMENTS/DEPARTURES

Earnin Continues Executive Expansion With New CISO

The leader in building products for a more equitable financial system and a better life for those living paycheck to paycheck, Earnin has announced the appointment of Stan Lee as its first Chief Information Security Officer (CISO). With a focus on consumer protection, Lee will manage and adapt Earnin’s security solutions to effectively address growing cybersecurity and mobile risks, further strengthening Earnin’s mission of providing consumers more choices to balance their finances and take control of their money, starting when they earn it. “It takes a lot of planning and...
PARTNERSHIPS

Bladex Inks Strategic Alliance With Fintech Innovations International DMCC

By RTTNews.com for RTTNews Multinational bank Banco Latinoamericano de Comercio Exterior (Bladex) has Monday entered into a strategic alliance with Dubai-headquartered Fintech Innovations International DMCC, owner of the TradeAssets e-Marketplace for financial institutions. The partnership will enable Bladex to further promote interbank relations, providing customers with greater access to trade-related financing solutions. As part of the alliance, Bladex has become the first bank in Latin America to join the TradeAssets platform. Bladex and TradeAssets will collaborate to attract more Latin American banks to the platform. This will support flows through...
CORPORATE APPOINTMENTS/DEPARTURES

Ad Tech Specialist Equativ Makes Key Hires

By Stuart Thomson Advertising monetisation platform provider Equativ has named James Grant as SVP and head of agency and enterprise connected TV Partnerships, and Emir Teffaha as SVP and head of demand, EMEA. Based in London, both will report to Teiffyon Parry, EVP, sales excellence. Grant will lead the development of Equativ’s platform offering, as well as be responsible for growing the demand-side customer base in Europe and North America. Prior to joining Equativ, he served as SVP, Strategy & Partnerships for Wurl. Grant said: “I’m looking forward to bringing...
LEGAL/POLICY

Parliament Bans Telecom Equipment Deemed Threat To National Security

By Gamal Essam El-Din ​Egyptian MPs voted on Tuesday in favour of amendments banning the import, manufacturing, assembly, possession, use, operation, installation or marketing of any telecom equipment that is considered a threat to national security. The amendments, which were approved by the Senate last month, are to the 2003 Telecom Regulation Act. The bill stipulates that citizens should get prior approval from the National Telecom Regulatory Authority (NTRA) before exercising any of the abovementioned activities. Violators implicated in importing, manufacturing, assembling and marketing any telecom equipment without getting a...
INDEX/REPORT/SURVEY

AM Best Affirms Credit Ratings Of Compagniealgérienne Des Assurances

AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) of CompagnieAlgérienne des Assurances (CAAT) (Algeria). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect CAAT’s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business profile and marginal enterprise risk management. CAAT’s balance sheet strength assessment reflects the company’s strongest level of risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio (BCAR), which is supported by relatively low...
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