Search Results for: SME banking

Uber Announces Results for Third Quarter 2023
Finance Fintech News

Uber Announces Results for Third Quarter 2023

Business Wire
by Business Wire0
Trips and monthly active platform consumers growth accelerated to 25% and 15% year-over-year, respectively Gross Bookings grew 21% year-over-year and 20% year-over-year on a constant currency basis Net income of $221 million; Income from operations of $394 million; Adjusted EBITDA margin at all-time high Operating cash flow of $966 million;......
WeBank's Distributed Tech Brand “Openhive” Is Unveiled in a Recent BCG Report
Banking News

WeBank’s Distributed Tech Brand “Openhive” Is Unveiled in a Recent BCG Report

PR Newswire
by PR Newswire0
WeBank, the world’s leading digital bank, has been featured in the Digital Lending Can Turn the Dial on Financial Access for MSMEs report, recently published by the ASEAN Business Advisory Council (ASEAN-BAC) and Boston Consulting Group (BCG). The report recognizes WeBank’s performance of delivering Openhive-based distributed digital banking services to ensure......
Juniper Research: Smart Traffic Management to Generate Revenue of $18.5 Billion Globally by 2028; Accelerated by Smart Cities’ Investment | Business Wire
Finance Fintech News

Juniper Research: Smart Traffic Management to Generate Revenue of $18.5 Billion Globally by 2028; Accelerated by Smart Cities’ Investment

Business Wire
by Business Wire0
A new study by Juniper Research, the foremost experts in technology markets, found by 2028, smart traffic management spend will be up 75% from a 2023 figure of $10.6 billion. This significant growth will be due to increasing government funding for smart cities’ initiatives, with transport being at the centre of......
United Community Is Now One of the Nation's Top SBA Lenders
Lending News

United Community Is Now One of the Nation’s Top SBA Lenders

PR Newswire
by PR Newswire0
With more than $177 million in loans for fiscal year 2023, , ranking 25 out of more than 1,500 banks nationwide. United issued 196 loans, with an average loan size of more than $900,000. “Small companies generate 1.5 million jobs a year and account for nearly 65% of new jobs in America,” said Rich......
Sift Expands Fintech Coverage to Address Digital Risk in Emerging Payments
Digital Payments News

Sift Expands Fintech Coverage to Address Digital Risk in Emerging Payments

GlobeNewswire
by GlobeNewswire0
Expanded Payment Method Insights, Updated Machine Learning Models, and UX Improvements Provide Fintechs with Comprehensive Control in the Fight Against Fraud Sift, the leader in Digital Trust & Safety, announced new platform capabilities that simplify digital risk assessment across multiple payment methods, while empowering fraud teams with more control in......
Banking Featured Fintech Primers

What Is Process of BNPL (Buy Now, Pay Later)!

Pooja Choudhary
by Pooja Choudhary0
The percentage of people who have never used the buy now, pay later services dropped to 35% from 50% in 2022 and 56% in 2021. This statistical figure itself reveals the entire story of the BNPL market upscaling like a rocket. What’s really making this skyrocket happen? How to Make......
Digital Payments Digital Wallet Fintech Primers

What Are Mobile Wallets?

Pooja Choudhary
by Pooja Choudhary0
  The global market for mobile wallets and payment technologies is projected to reach $12.6 trillion by 2027, up from $4.5 trillion in 2022, at a compound annual growth rate (CAGR) of 23.1% during the period between 2022 and 2027. A Beginner’s Guide to ‘E-Wallets’ An electronic wallet, or “e-wallet,”......
TSG Launches PaySights to Empower Payments Companies
Fintech News

TSG Launches PaySights to Empower Payments Companies

Business Wire
by Business Wire0
TSG (The Strawhecker Group), a globally recognized analytics, intelligence, and solutions-focused firm in the payments industry, has announced today during Money20/20 USA the launch of PaySights, a one-of-a-kind subscription granting exclusive access to TSG’s suite of solutions. PaySights helps companies stay ahead in payments, whether it’s leveraging analytics to benchmark and......
Paymentus Partners With PropTech Leader MRI Software to Streamline Rental Property Utility Payments
Banking News Security

Standard Chartered Bank and WOTR Embark on Mission to Ensure Water Security in Drought-plagued Marathwada

PR Newswire
by PR Newswire0
Pioneering a Three-Year Project to Enhance Rural Livelihoods and Introduce Climate-Resilient Agriculture in the Drought-Prone Regions of Marathwada A landmark partnership has been forged between Standard Chartered Bank and Watershed Organisation Trust (WOTR) to launch a profound initiative titled “Providing Water Security for Drinking, Rural Livelihoods, and Climate-Resilient Agriculture in Severe......
21X Is Launching an ESMA Regulated Trading Venue for Tokenized Securities on Polygon PoS
News Trading

21X Is Launching an ESMA Regulated Trading Venue for Tokenized Securities on Polygon PoS

PR Newswire
by PR Newswire0
21X, in coordination with Polygon Labs, is pleased to announce 21X is building an ESMA regulated market infrastructure for tokenized securities on the Polygon proof-of-stake (PoS) blockchain. 21X and Polygon Labs are collaborating  to advance asset tokenization and trading within the Polygon ecosystem. Polygon PoS stands out as one of......
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