International Funds and Virgin Cash Kind Strategic Alliance to Redefine the Way forward for Digital Commerce

New payment ecosystem to expand networked commerce and provide an integrated suite of digital functions

ATLANTA, September 08, 2021 – (BUSINESS WIRE) – Global Payments Inc. (NYSE: GPN), a global leader in payment technology and software solutions, and Virgin Money, one of the UK’s leading financial services groups, today announced an agreement to leverage Global Payments’s unique two-sided network to deliver market-leading digital payment experiences to Virgin Money customers worldwide.

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The companies announce that they are working on the launch of a new connected payments offering that will bring a seamless experience for Virgin Money consumers and merchants. This new salary offering would expand trading and provide an integrated suite of digital skills.

“We have an unmatched global position that connects both sides of the payments ecosystem and enables us to completely transform the digital commerce landscape,” said Jeff Sloan, chief executive officer, Global Payments. “This new payment solution will reimagine the entire interaction between merchants and their customers, virtually and physically, in order to reduce friction, create added value and promote extraordinary experiences on an omnichannel basis.”

“Expanding our partnership with Global Payments enables us to bring all of our credit and debit cards together on a single platform. Working together allows us to leverage their expertise across the payment ecosystem, combined with our focus on customer experience and being one of the world’s best-known brands, gives us the ability to develop new digital payments offerings to enhance the experience for our millions of private and Business customers as we continue to transform the status quo of UK banking, “said David Duffy, Chief Executive Officer of Virgin Money UK.

Virgin Money will be able to access end-to-end lifecycle data through the new payments offering in its companies to gain better insights into buying patterns and trends in order to bring new products and services to market that directly meet customer needs and which Improve the customer experience journey.

The story goes on

As part of this partnership, Global Payments will act as the exclusive trading services provider for Virgin Money, offering cutting-edge acquiring technology to its large customer base. In addition, Global Payments will expand its longstanding relationship with Virgin Money through its TSYS Issuer Solutions segment. This will create a single unified platform that will add all of Virgin Money’s debit business to its current credit solutions under a new agreement that extends into the next decade, subject to regulatory approval.

About global payments

Global Payments Inc. (NYSE: GPN) is a leading payment technology company providing innovative software and services to our customers around the world. Our technologies, services and the expertise of our team members enable us to offer a wide range of solutions that enable our customers to run their business more efficiently through a variety of channels around the world.

Global Payments, headquartered in Georgia and with nearly 24,000 team members worldwide, is a Fortune 500® company and a member of the S&P 500 with global reach in over 100 countries in North America, Europe, Asia Pacific and Latin America. For more information, visit www.globalpayments.com and follow Global Payments on Twitter (@globalpayinc), LinkedIn and Facebook.

Via Virgin Money UK

Virgin Money UK is a full service digital bank serving 6.5 million customers across the UK. It offers market-leading products and services to meet the full range of customer needs in private and business customers. Virgin Money aims to provide customers with a consistently first class experience through its leading technology platform, telephone banking and a national network of innovative stores and commercial banking centers. By improving its banking business, Virgin Money seeks to serve its purpose of “making you happier with money.”

View source version on businesswire.com: https://www.businesswire.com/news/home/20210908005232/en/

contacts

Investor contacts:
Winnie Smith 770.829.8478
investor.relations@globalpay.com

Richard Smith +44 7483 399 303
contact@ir.virginmoneyukplc.com

Media contacts:
Emily Edmonds 770.829.8755
media.relations@globalpay.com

Simon Halle +44 7855 257 081
press.office@virginmoneyukplc.com

Commerce Metropolis Nonprofit Wins Suncor Power High quality Cash, Will Use It To Monitor Suncor Power

More than a dozen governments and community groups applied for the money. To decide between them, the state convened an eleven-person board consisting of nine parishioners, a representative from Suncor, and a representative from the Colorado Department of Public Health and the Environment.

Cultivando will use the funds to build an independent air monitoring network around the system. The decision almost marks the end of a process that began in March 2020 when Suncor agreed to a $ 9 million settlement with state air regulators after repeated violations of air quality standards. Of this, US $ 2.6 million was made available for community projects.

The evaluation committee cut the plans through a series of votes. In the end, the panel awarded Cultivando nearly $ 1 million. The nonprofit will use the funds to set up a stationary air monitoring station near Suncor and a mobile van to track emissions in the area. It will also conduct minor air surveillance at home to inform residents of any possible impact on air quality.

Kevin J. Beaty / DenveriteThe Suncor Refinery in Commerce City. March 6, 2021.

The Cultivando plan is intended as both a Suncor and legislative plan to fund new air monitoring equipment near the Commerce City facility, the only state refinery. While Gonzalez welcomed these efforts, she said that after decades of air pollution problems, the community trusts neither the state nor the company.

The Cultivando network will monitor more than 50 other air pollutants, including benzene, hydrogen cyanide, sulfur dioxide and hydrogen sulfide. Gonzalez said it was unclear whether similar government or corporate efforts would offer the same level of detail.

The panel selected three more projects for funding on Monday. In addition to the Cultivado proposal, the committee approved plans to help Tierra Colectiva, a municipal land trust, acquire real estate for affordable housing in northern Denver. Projects to plant trees and improve air quality in schools and libraries have also been funded.

The committee has provided around $ 350,000 from the Suncor settlement. A decision is expected at a final meeting on April 26th.

Editor’s Note: Suncor is one of the financial backers of CPR.

Biden’s infrastructure plan will bolster the U.S. semiconductor business: Commerce Secretary

The White House infrastructure plan will make the US more on par with China as it strengthens the US semiconductor industry, Commerce Secretary Gina Raimondo said on Wednesday.

“This is about outperforming China,” CNBC’s Raimondo Jim Cramer said in a “Bad money“Interview.” If we act now … we will compete with China. It is time to do this to rebuild, especially to put in semiconductors, but we have to get to work to do this. “

The comments came moments after President Joe Biden unveiled a $ 2 trillion package primarily tailored to bridges, roads and other transport initiatives. The proposal also calls for a $ 50 billion investment in semiconductor manufacturing and research.

A global chip shortage, compounded by the high demand for computers and other technological products during the coronavirus pandemic, has put American manufacturers under pressure. For example, ford It will be announced on Wednesday Reduction of automobile production in several North American plants due to the low supply of semiconductors.

Raimondo, who left the Rhode Island governor’s home to join the Biden administration, said semiconductors are “the building blocks of a future economy and a digital economy.” Investing in semiconductor manufacturing will pave the way for basic research, more foundry jobs, professional training and advanced manufacturing, she said.

“I am confident that when the business community big and small has the opportunity to delve into this package, it will find that it is all about competing and winning now and in the future. That is good for business and.” good for workers. ” She said.

The Biden government aims to pass an infrastructure law by the summer. The title “The American Jobs Plan” includes spending to combat climate change, improve drinking water infrastructure, expand broadband access and lay the foundations for electric vehicle capability.

The package could face some hurdles in Congress, despite the Democrats’ power advantage. Democrats hold a slight majority in the House and a 50:50 tiebreaker in the Senate. However, Republicans are preparing to object to the size of the package and the White House’s plan to pay for it.

The Superintendence Of Trade And Commerce Strikes Once more – Media, Telecoms, IT, Leisure

United States:

The superintendent of industry and trade strikes again

January 26, 2021

Global Advertising Lawyers Alliance (GALA)

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This time the company BODYTECH was fined USD 50,150. The reason, incomplete, unclear some confusing information given to consumers. With regard to distance selling by telephone, BODYTECH did not provide consumers with sufficient information on the terms of the contract, the price, the existence of the right of withdrawal and withdrawal or the conditions of exercise. In addition, the contracts contained conflicting information. With regard to the term, the contract initially provides for an unlimited term, but also provides that the term can be extended by the conclusion of a new partnership agreement for the same or a different term. The decision is not final as an appeal is available. However, the evidence gathered in the process is strong enough to support the fine.

The content of this article is intended to provide general guidance on the subject. A professional should be obtained about your particular circumstances.

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