Tag : financial performance

Impending growth crunch confronts wholesale banks with challenge to seize new drivers of future revenues
Banking Finance News

Impending Growth Crunch Confronts Wholesale Banks With Challenge to Seize New Drivers of Future Revenues

PR Newswire
Wholesale banks’ average annual revenue growth (CAGR) set to drop from 8%+ in 2019-22 to 2% or below 2023-2025, Bain analysis and proprietary survey of bank leaders suggests Worst case projections show minus 2% CAGRs in new era as historical period of ultra-low interest rates and cheap money comes to......
PatientPay and WebPT Accelerate Patient Payments for Physical Therapy and Rehab Groups
Digital Payments News

PatientPay and WebPT Accelerate Patient Payments for Physical Therapy and Rehab Groups

Business Wire
PatientPay, the leading patient payments partner for acute, ambulatory, and specialty care, today announced customer success from its partnership with WebPT, the leading rehab therapy platform for enhancing patient care and fueling business growth. The partnership has enabled physical therapy and rehab groups across the country to maximize financial performance and......
Manulife Announces Leadership Changes to Accelerate Asia Growth
Finance News

Manulife Announces Leadership Changes to Accelerate Asia Growth

PR Newswire
Phil Witherington Appointed President and CEO, Manulife Asia Manulife announced leadership changes across its executive leadership team to accelerate Asia growth and financial performance globally. Phil Witherington, Manulife’s Chief Financial Officer (CFO), is now appointed President and Chief Executive Officer (CEO) of Manulife Asia, effective July 1, 2023. Mr. Witherington will......
FinancialForce Rebrands to Certinia, The ‘Single Source of Certainty’ for Services Businesses
Business Finance News

FinancialForce Rebrands to Certinia, The ‘Single Source of Certainty’ for Services Businesses

Business Wire
Company has Evolved Beyond Its ERP Roots and Extended Its PSA Leadership to Offer a Comprehensive Technology Platform for Services Businesses FinancialForce, the platform for services businesses, announced that it has changed its name to Certinia to align with the company’s evolution and delivery of a comprehensive Services-as-a-Business (SaaB) platform.......
Alorica Announces $725 Million Refinancing by Cerberus Business Finance
Finance News

Alorica Announces $725 Million Refinancing by Cerberus Business Finance

Business Wire
Refinancing Enables Leading CX Provider’s Globalization Strategy and Product Expansion Alorica Inc., a fast growing and trusted global leader in next-generation customer experience (CX) solutions, announced it closed a refinancing led by Cerberus Business Finance, LLC, and its affiliates (“Cerberus”). Through a directly negotiated transaction, Alorica received a $725 million......
Capital Bank Goes Live With Finastra to Support Strong Growth in Corporate Banking Business
Banking News

Capital Bank Goes Live With Finastra to Support Strong Growth in Corporate Banking Business

Business Wire
With Finastra’s Corporate Channels and Trade Innovation, the bank will automate core processes to increase efficiency and flexibility Finastra, a global provider of financial software applications and marketplaces, announced that Capital Bank, a leading financial institution with commercial and investment banking expertise, has gone live with Finastra’s Corporate Channels and......
Silvergate Capital Corporation Announces Intent to Wind Down Operations and Voluntarily Liquidate Silvergate Bank
Banking News

Silvergate Capital Corporation Announces Intent to Wind Down Operations and Voluntarily Liquidate Silvergate Bank

Business Wire
Company Considering How to Best Preserve Residual Value of its Assets Silvergate Capital Corporation, the holding company for Silvergate Bank, announced its intent to wind down operations and voluntarily liquidate the Bank in an orderly manner and in accordance with applicable regulatory processes. In light of recent industry and regulatory......
XiFin Unveils New Corporate Identity to Reflect Company’s Broader Mission of Healthcare Financial Stability
Finance News

XiFin Unveils New Corporate Identity to Reflect Company’s Broader Mission of Healthcare Financial Stability

Fintech News Desk
Continued Momentum in Pharmacy, Medical Device, and Radiology Segments Helped Drive 28% Increase in Annual Revenue With a 37% Revenue CAGR From 2019 to 2022 XiFin, Inc. unveiled new corporate branding to reflect the company’s industry leadership in providing solutions and services that improve financial performance, operational efficiencies, provide interoperability between......
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