Articles with tag: profit

Found 24 results in 529 milliseconds.

ECB believes bank profits won't recover before 2022

News | Payments General | 27 Nov 2020

ECB has released its latest stability review, predicting that Europe-based banks will not see profits return to pre-pandemic levels before 2022, according to CNBC.

ECB, European Central Bank, bank, profits, lender, ROE, pandemic, COVID-19, banking, vaccine

The blueprint for financial inclusion – Mojaloop's vision for solving the unbanked problem

Interviews | Payments General | 20 Nov 2020

The Paypers interviewed Paula Hunter from the Mojaloop Foundation to learn how financial inclusion can happen in vital regions across the world when an open source approach is embraced

Mojaloop, Mojaloop Foundation, Paula Hunter, financial inclusion, charitable nonprofit, digital finance, open finance, interoperability, real-time payments, transactions, mobile money, central banks, unbanked, SME, credit score, lending, Central Bank Digital Currency, CBDC, blockchain, KYC

As pandemic recession takes hold, large US banks to report profit plunge

News | Payments General | 05 Oct 2020

Financial analysts expect large US banks to report a 30% to 60% plunge in profits on the year-ago period due to the pandemic-induced recession and near record low interest rates.

Citigroup, Wells Fargo, JPMorgan Chase, Bank of America, Goldman Sachs, Morgan Stanley, profit, recession, US

Triodos Bank reaches GBP 1 billion lending in the UK amid COVID-19

News | Payments General | 24 Aug 2020

Sustainable bank Triodos has reached GBP 1 billion in UK lending while credit losses rise due to the coronavirus.

Triodos Bank, lending, UK, United Kingdom, covid-19, sustainable bank, credit losses, coronavirus, profits, credit loss provision, bank

Europe-based fintechs to launch a new cross-border organisation

News | Payments General | 25 Jun 2020

A group of Europe-based fintechs have joined forces to launch a new non-profit organisation, the European Fintech Association (EFA)

Europe, fintech, cross-border, EFA, European Fintech Association, non-profit, EU, financial services, Raisin, savings marketplace, SaaS provider, Finleap, alternative lender, Funding Circle, wealth management, Moneyfarm, digital bank, N26, money transfer, TransferWise, European Commission, digital finance strategy, Mintos, Scalable Capital, TrueLayer, Wirecard

RedMarlin now calls itself Bolster; reveals fraud and phishing protection services

News | Digital Identity, Security & Online Fraud | 20 Apr 2020

RedMarlin has announced the company’s new name, Bolster, and the launch of a first-of-its-kind online customer protection services program specifically for non-profit organisations.

RedMarlin, Bolster, launch, web fraud, phishing, protection, non-profits, online phishing, fraud prevention, scams, account takeovers, COVID-19, coronavirus, monitoring, automated detection

Onfido's biometric identity solution offered to non-profit organisations

News | Digital Identity, Security & Online Fraud | 10 Apr 2020

Onfido has announced it is offering six months' free use of biometric identity solution for nonprofit organisations fighting COVID-19.

Onfido, biometrics, identity, non-profit organisations, COVID-19, coronavirus, authentication, identity documents, remittances, payment, facial recognition

Tipalti introduces initiative to help guilds, nonprofits, and trade groups make payments amid COVID-19

News | E-invoicing, SCF & E-procurement | 08 Apr 2020

Tipalti, the global payables automation solution, has announced that it will waive the Tipalti platform fee for one year for guilds, nonprofits, and trade groups to assist them in disbursing funds to their members during the COVID-19 pandemic. 

Tipalti, guilds, nonprofits, trade, payments, COVID-19

RBS sees rise in profits after renaming as NatWest

News | Payments General | 14 Feb 2020

RBS has reported a 27% rise in pre-tax operating profit for 2019 to GBP 4.2 bln as management announced renaming the bank NatWest.

RBS, Royal Bank of Scotland, NatWest, rebranding, banking, profit, bank, incumbent bank, financial crisis, UK, United Kingdom

UNICEF reveals crypto fund supported by Ethereum Foundation

News | Cryptocurrencies | 09 Oct 2019

The United Nations Children`s Fund (UNICEF) has launched a cryptocurrency fund to support open source tech to benefit ‘children and young people around the world’.

UNICEF, launch, cryptocurrency, Ethereum, Bitcoin, funds, nonprofit, partnership, Ethereum Foundation

ProfitSword, RubixCloud partner to provide accounting platform

News | E-invoicing, SCF & E-procurement | 14 Jun 2019

US-based business intelligence provider ProfitSword and WVC RubixCloud have teamed to create a data management and accounting solution for the US hotel industry.

ProfitSword, RubixCloud, US, partnership, accounting platform, accounts payable automation, North America, accounting, e-invoicing, AP automation, OCR, hospitality-specific technology, invoice capture, financial information

Crypto scams triple, with GBP 27 mln total cost to victims

News | Cryptocurrencies | 21 May 2019

Investment scams involving cryptocurrencies trading have tripled in a year, with the average victim losing GBP 14,600, as per UK-based Financial Conduct Authority.

cryptocurrency, scams, victims, money loss, trading, UK, FCA, fraud, crypto assets, investments, fraudsters, profit, customers, bank accounts

ImageWare Systems partners the Identity Defined Security Alliance for security strategies

News | Digital Identity, Security & Online Fraud | 26 Mar 2019

ImageWare Systems has joined the Identity Defined Security Alliance (IDSA) to help organisations put identity at the center of their security strategy.

ImageWare Systems, partnership, Identity Defined Security Alliance, security, identity, risk, cybersecurity, non profit organisation

Colorado Division of Securities stops ICOs for alleged illicit practices

News | Digital Identity, Security & Online Fraud | 23 Nov 2018

The Colorado Division of Securities has filed cessation orders against four Initial Coin Offerings (ICOs) allegedly involved in fraudulent practices.

Colorado Division of Securities, fraud, ICO, cessation orders, cryptocurrency, blockchain, profits, token

76 percent of Gen Z shoppers prefer to shop in-store rather than online

News | Ecommerce | 24 Sep 2018

Profitect’s new survey, conducted on more than 1,000 Gen Z shoppers from the US aged 18-22, has indicated that 42% of respondents prefer to shop in-store.

Profitect, study, Gen Z, US, retailer, in-store shopping, online shopping, ecommerce

ProfitStars to help financial institutions mitigate online bill pay fraud

News | Digital Identity, Security & Online Fraud | 20 Sep 2018

Jack Henry & Associates` ProfitStars has announced the availability of its Gladiator iPay Enterprise Security Monitoring solution (iPay ESM).

ProfitStars, bill payment, Jack Henry & Associates, iPay, transaction monitoring

Ion Bank opts for Jack Henrys lending solution

News | E-invoicing, SCF & E-procurement | 03 Aug 2018

US-based Ion Bank has announced it will be using Jack Henry’s ProfitStars solutions for commercial lending.

Ion Bank, US, Jack Henry, lending, commercial lending, digital loan origination, a decisioning engine, approval cycles, portfolio management workflows, ProfitStars, Commercial Lending DecisionCenter,

Accel-KKR acquires fintech company Sageworks

News | E-invoicing, SCF & E-procurement | 22 May 2018

Sageworks, a US-based fintech company, has announced it has been purchased by private equity company Accel-KKR.

Accel-KKR, Sageworks, US, fintech, private equity, ProfitCents, payments

Less interest in crypto dampens Mastercard first-quarter growth

News | Cryptocurrencies | 09 May 2018

A drop in customers buying cryptocurrencies with a credit card has slightly dampened Mastercard’s first-quarter results, according to CNBC.

Mastercard, cryptocurrency, Bitcoin, credit card, company profits, US

Ecommerce hunger for analytics feeds Profitero business

News | Ecommerce | 19 Jan 2018

Profitero has reported a 137% year-over-year increase in annual-recurring revenue for its consumer packaged goods (CPG) ecommerce analytics business.

ecommerce, Profitero, analytics, online sales, machine learning, artificial intelligence