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//BFSI – Financial Services
colombia bitcoin
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Colombia’s First Bitcoin Exchange Is Now Live in Testnest Form

Colbitex launched in this beta form, using valueless currency, on June 3 and plans to go live officially in July.
Posted On June 16, 2016
, By Jared Wade
colombia mergers Jaime Trujillo Baker McKenzie
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Colombia Mergers and Acquisitions Valued at $5.6 Billion USD over the Past Five Quarters

Baker & McKenzie's "Cross Border M&A Index" highlighted Colombia's adoption of free-market policies as a factor in its ability to attract more M&A interest.
Posted On June 12, 2016
, By Jared Wade
Grupo Sura Barranquilla
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Mexican Regulator Approves Grupo Sura’s Purchase of Local RSA Subsidiary

Mexico's insurance regulator has approved Grupo Sura's 2015 purchase of the local arm of RSA Insurance Group.
Posted On June 8, 2016
, By Jared Wade
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American Express Aiming for 20% Market Share of Credit Card Business in Colombia

AmEx says it now has a 10% participation in the market and is looking to double this percentage quickly.
Posted On June 7, 2016
, By Loren Moss
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Multiple Factors Pressuring Colombia’s SOAT Mandatory Auto Liability Insurance Market, Says Fitch

The sustainability and profitability of compulsory auto liability auto insurance (SOAT) in Colombia will depend on the insurance industry’s effectiveness at stopping the upward trend in claims, which is being driven by technical fraud, the increased share of motorcycles in...
Posted On April 25, 2016
, By Loren Moss
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Colombia’s Banco Popular Migrates To EMC2 VMAX 100K Platform Supported By Unisys

Unisys Corporation (NYSE: UIS) announced last week that it has received a five-year contract from Colombian financial institution Banco Popular, to provide high-end storage solution and associated services to support the bank’s critical business operations.  Under the...
Posted On April 11, 2016
, By Loren Moss
Laura Lafayette is the Latin America Human Resources Director for Unisys
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Unisys Names Laura Lafayette As New LatAm Human Resources Director

Unisys corporation (NYSE: UIS) has promoted Brasil human resources director Laura Lafayette to head human resources operations for all of Latin America, covering 10 countries and 3,800 employees serving roughly 300 customers. Since 2014 Lafayette headed human capital management...
Posted On April 10, 2016
, By Loren Moss
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Bonds, Loans & Derivatives Andes 2016 Adds To String Of Successful Debt Forums

The 5th edition of Bonds, Loans & Derivatives Andes 2016 was a massive success seeing over 380 senior level decision makers attending this ‘by invitation only’ event on the 23rd – 24th of February 2016 at The JW Marriott, Bogota. During the 2 days, senior level executives...
Posted On March 31, 2016
, By Loren Moss
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Sura Asset Management’s Credit Profile Strong Enough To Warrant One Of The Highest Ratings In Colombia, Says Fitch

Fitch Ratings has affirmed SURA Asset Management’s long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘BBB+’ and the rating outlook is stable. Fitch has also affirmed the rating for Sura Asset Management Finance BV’s guaranteed bonds at...
Posted On March 28, 2016
, By Loren Moss
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Accenture Implements Insurance IT System for Zurich Insurance’s Colombia Launch

Switzerland & Colombia–(via Business Wire)–Accenture (NYSE:ACN) recently completed building and implementing a new core insurance information technology system for Zurich Insurance Group (ZURN, OTCQX: ZURVY), marking the insurer’s entrance into the property and...
Posted On March 28, 2016
, By Loren Moss
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