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The notion of mobility has become, nowadays, an important factor in people’s personal and professional life. Because of this, companies are increasingly investing in mobile solutions that increase productivity, effectiveness and rapidity in both corporate processes and the...

Fitch Ratings-New York-21 July 2015: Fitch Ratings has completed its review of Colombia’s five largest banks and their related entities. As a result of the review, the ratings for Bancolombia and Banco Davivienda have been upgraded and the ratings for Banco de Bogota, BBVA...

London, 20 July 2015: Arthur J. Gallagher  (NYSE: AJG) has extended its investment in Latin America by taking a 65% stake in independent Colombian energy and construction specialist ARM Re Ltda. (ARM). Specific terms and pricing of the transaction were not disclosed. Established...

London based global specialty insurance and reinsurance market Lloyd’s, announced last week that it has received approval from the Colombia’s financial regulatory authority Superfinanciera to open a representative office in Bogotá.  Under the new Lloyd’s representative...

GREENWICH, Conn.–(BUSINESS WIRE)–W. R. Berkley Corporation (NYSE:WRB) today announced the formation of Berkley International Seguros Colombia S.A. to provide a full range of commercial insurance products, including construction all risk, surety, general liability,...

Fitch Ratings has announced that is has withdrawn all of the ratings that it has issued for Banco GNB Sudameris S.A. The Issuer Default Ratings (IDRs) and senior debt ratings have been withdrawn because Banco GNB Sudameris has chosen to stop participating in the rating process....

Colombians view transactions made through ATMs as more vulnerable to cyberattack than other options like phone banking, credit cards, mobile device payments, and online payments made by computers, according to the results of the Unisys Security Insights survey. When asked to...

From July 6, Bancolombia’s customers are now able to use the Visa Checkout online service with any of their Bancolombia charge cards, not just Visa. Visa Checkout is employed by over 100,000 online merchants globally so far, and this further enables Bancolombia customers to make...

There’s no doubt that shadow IT, the term used to describe the systems and solutions for Information Technology that are installed and used in organizations without the explicit authorization of the company, poses a real and urgent risk to banks. But shadow IT can also be a boon...

RSA, The Security Division of EMC (NYSE: EMC), released its inaugural “Cybersecurity Poverty Index” that compiled survey results from more than 400 security professionals across 61 countries. The survey allowed participants to self-assess the maturity of their cybersecurity...