Search Results for: profit margin

SIA Defies Covid Tribulations With Low-Margin Growth In Revenues And Profits
Banking Blockchain Business Capital Markets Economy Fintech News

SIA Defies Covid Tribulations With Low-Margin Growth In Revenues And Profits

Fintech News Desk
SIA’s Board of Directors, meeting under the chairmanship of Federico Lovadina, approved the preliminary consolidated financial results at 31 December 2020, confirming the positive trend of 2019 and growing in the fourth quarter of 2020, despite the economic contraction caused by the Covid-19 pandemic. Read More: GlobalFintechSeries Interview with Joshua Levin,......
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
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......
BindHQ and Ascend Partner to Transform Broker Management and Financial Operations, Streamlining MGA Payment Workflows, Boosting Efficiency and Profitability
Fintech News

BindHQ and Ascend Partner to Transform Broker Management and Financial Operations, Streamlining MGA Payment Workflows, Boosting Efficiency and Profitability

PR Newswire
Ascend, the leading provider of financial operations automation software to the insurance industry, is proud to announce its strategic partnership with BindHQ, the premier agency operating system for MGAs, wholesalers and MGUs. This collaboration leverages Ascend’s suite of automation solutions to streamline payments and accounting processes alongside BindHQ’s all-encompassing management......
Intel Outlines Financial Framework
Finance Fintech News

Intel Outlines Financial Framework for Foundry Business, Sets Path to Margin Expansion

Business Wire
This new structure is designed to drive increased cost discipline and higher returns by providing greater transparency, accountability, and incentives across the business. Intel Corporation today outlined a new financial reporting structure that is aligned with the company’s previously announced foundry operating model for 2024 and beyond. This new structure is......
Amberflo.io Launches a Generative AI Monetization Platform, Helping Every Company Profit From the Goldrush
Artificial Intelligence Fintech News

Amberflo.io Launches a Generative AI Monetization Platform, Helping Every Company Profit From the Goldrush

Business Wire
Amberflo announces the launch of its AI monetization platform which includes usage metering, flexible quoting, and on-demand billing. Amberflo, built by ex-AWS engineers, today launches a new AI monetization platform. As the adoption of Generative AI skyrockets, companies are scrambling to accurately track usage and build a profitable business model.......
Janover Acquires Groundbreaker, a Profitable SaaS Platform, Establishing a Comprehensive Marketplace
Fintech News

Janover Acquires Groundbreaker, a Profitable SaaS Platform, Establishing a Comprehensive Marketplace

GlobeNewswire
Janover expects to convert nearly 15% of its revenue to SAAS subscription software revenue Acquisition complements Janover’s loan marketplace with a first-in-class equity funding platform Janover, an AI-enabled B2B fintech marketplace connecting commercial property borrowers and lenders with a human touch, announced that it has acquired Groundbreaker Technologies, Inc. (“Groundbreaker”),......
Shift4 Partners with Give Lively to Offer Powerful Fundraising Solution to Nonprofits
Digital Payments News

Shift4 Partners with Give Lively to Offer Powerful Fundraising Solution to Nonprofits

Business Wire
Shift4, the leader in integrated payments and commerce technology, continues its expansion into the nonprofit sector by integrating with Give Lively, a pioneering fundraising platform in the movement to offer free services to nonprofits. Give Lively, a ground-breaking nonprofit fundraising platform, and Shift4, the leader in integrated payments and commerce technology,......
Three-quarters of Tech Executives to Prioritize Profitability Improvement, Cost Management Amid Tighter Financing, Slower Growth
Fintech News

Three-quarters of Tech Executives to Prioritize Profitability Improvement, Cost Management Amid Tighter Financing, Slower Growth

Business Wire
The firm’s survey of more than 140 C-level executives finds that more layoffs lie ahead, but the firm asserts that job cuts alone are not enough to ensure a successful future; ‘transformational operational change’ can drive a 20-30% improvement in costs Slowing customer markets and tighter financial conditions are pressuring......
MarginEdge Redefines Payment Efficiency for Restaurants with New Mobile Bill Payment Offering
Digital Payments News

MarginEdge Redefines Payment Efficiency for Restaurants with New Mobile Bill Payment Offering

PR Newswire
MarginEdge, the leading restaurant management and bill payment platform, announced the launch of its mobile bill payment capability, which enables operators to effortlessly settle payments using just their smartphones. This latest addition to their suite of mobile tools represents the culmination of complete operational fluidity – enabling operators to upload,......
Finastra Enhances Visibility and Profitability with Kantata
Fintech News

Finastra Enhances Visibility and Profitability with Kantata

Business Wire
Finastra’s services division accelerates its transformation journey using the Kantata Cloud for Professional Services Kantata, the leading global supplier of purpose-built technology for professional services, announced that Finastra’s services division has driven a 36% reduction in cost leakage since adopting the Kantata Cloud for Professional Services. Finastra is one of the......
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