Search Results for: net interest margin

Constant Unlocks New Non-Interest Fee Income for Banks and Credit Unions
Finance Fintech Lending News

Constant Unlocks New Non-Interest Fee Income for Banks and Credit Unions

PR Newswire
by PR Newswire0
Constant Unlocks New Non-Interest Fee Income for Banks and Credit Unions Constant, a leading provider of loan operations technology, today announced the launch of its solution designed to boost non-interest fee income through the offer of loan protection products. Income Builder, enables financial institutions (FIs) to offer extended warranty, GAP,......
New Research Reveals 66 Percent of Global Travel Companies See Their Fragile Margins Eroded by Inefficient Payment Systems
Finance Fintech News

New Research Reveals 66 Percent of Global Travel Companies See Their Fragile Margins Eroded by Inefficient Payment Systems

Business Wire
by Business Wire0
Airwallex and Skift research finds nearly two-thirds (66 percent) of travel executives believe inefficient payment systems are harming their profits 70 percent find cross-border customer payments are more challenging due to new payment methods, despite this activity making up at least a quarter of their revenues Upgrading payment technology is......
Discover Global Network Study Shows 85% of Consumers are Less Likely to Interact with a Business Due to a Poor Payment Experience
Finance Fintech News

Discover Global Network Study Shows 85% of Consumers are Less Likely to Interact with a Business Due to a Poor Payment Experience

Business Wire
by Business Wire0
Improved payment experiences are vital to merchants, with 94% considering payments a strategic priority Discover Global Network, a leading global payment network, released the first portion of the 2024 Payment State of the Union (PSOU), one of the most comprehensive studies of its kind in the industry, providing global perspectives......
Discover-Financial-Services-Reports-First-Quarter-2024-Net-Income-of-$308-Million-or-$1
Finance Fintech News

Discover Financial Services Reports First Quarter 2024 Net Income of $308 Million or $1.10 Per Diluted Share

Business Wire
by Business Wire0
Board of Directors Declares Quarterly Common Stock Dividend of $0.70 Per Share Discover Financial Services (NYSE: DFS): First Quarter 2024 Results 2024 2023(1) YOY Change Total loans, end of period (in billions) $126.6 $112.7 12% Total revenue net of interest expense (in millions) $4,210 $3,742 13% Total net charge-off rate......
VizyPay Amplifies Customer Experience and Ease of Use with Overhaul to VizyPOS
Analytics Digital Payments Finance News

Payments: Network International Achieved 24% Revenue Growth, 40% Profit Growth, And Solid Cashflows In 2022.

Fintech Staff Writer
by Fintech Staff Writer0
Today, Network International, the top platform for enabling digital trade in Africa and the Middle East, released its preliminary financial results for the fiscal year that ended on December 31, 2022. The company recorded overall revenue of USD 438.4 million, an increase of 24.5% over the prior year, driven primarily......
BIGG Digital Assets Inc. Subsidiary Netcoins Launches in the United States
Cryptocurrency News Risk Management

BIGG Digital Assets Inc. Subsidiary Netcoins Launches in the United States

Fintech News Desk
by Fintech News Desk0
BIGG Digital Assets Inc., owner of Netcoins, the online cryptocurrency brokerage that makes it easy for North Americans to buy, sell, and understand cryptocurrency, and Blockchain Intelligence Group, a leading developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to report that Netcoins has launched service in the United......
Introducing Krest, Peaq’s Canary Network on Polkadot’s Kusama
DeFi News

Introducing Krest, Peaq’s Canary Network on Polkadot’s Kusama

Fintech News Desk
by Fintech News Desk0
krest will be a public blockchain network and publicly-traded token on Polkadot’s canary network, Kusama, for the peaq community to experiment with dApps and tools to simulate the behavior of machines, vehicles, robots, and devices peaq, the Web3 network powering the Economy of Things, unveils krest, its canary network set......
MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise
Banking News

MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise

Fintech News Desk
by Fintech News Desk0
MainStreet Bancshares, Inc. the holding company for MainStreet Bank, said its net interest margin widened as rates climbed in recent months, driving strong net income for the second quarter and six months ended June 30, 2022. Latest Fintech News: COINZIX Announces $300,000 Investment from Legion Ventures The Bank’s loan portfolio is well positioned for increasing......
MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise
Banking News

MainStreet Bancshares, Inc. Reports Robust Loan and Net Income Growth

Fintech News Desk
by Fintech News Desk0
MainStreet Bancshares, Inc., the holding company for MainStreet Bank, reported robust net income for the first quarter of 2022, said it is positioned favorably for rising interest rates, and previewed business developments at its Avenu Banking-as-a-Service (BaaS) subsidiary. Net income totaled $5.4 million for three months ended March 31, 2022. Net interest income......
Tassat Launches Digital Dollars and Real-Time Bank Payment Network
Blockchain Digital Payments News

Tassat Launches Digital Dollars and Real-Time Bank Payment Network

Fintech News Desk
by Fintech News Desk0
Empowers banks to provide real-time, secure payments to their customers 24X7, 365 days a year. TassatPay™ real-time payments using DigitalDollars™ meet the requirements of banks regulated by the OCC, FDIC and NYSDFS and swiftly integrate with legacy banking systems. TassatPay™ and the network position banks to compete in the new......
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