All articles by Refna Tharayil

Refna Tharayil

HSBC’s Q3 2024 profit before tax increases 9.8% to $8.5bn

HSBC witnessed an increase of 5.2% in its revenue for the reported quarter to $16.99bn, compared to $16.16bn reported in Q3 2023

Mastercard unveils Bill Qkr to streamline and enhance the way bills are paid

Mastercard Bill Qkr helps merchants, acquirers, payment facilitators (PayFacs) and service providers (PSPs) grow into new markets and unlock new opportunities

NatWest’s Q3 2024 total income increases 7.3% to £3.74bn

The bank’s attributable profit in the reported quarter surged 35.3% to £1.17bn

BM Technologies to be acquired by First Carolina Bank for $67m

BM Technologies will become a wholly owned subsidiary of First Carolina Bank and shares of BM Technologies’ common stock will no longer be listed on the New York Stock Exchange

NMB Bank and Mastercard launch QR PBL solution in Tanzania

Merchants will be able to receive payments through NMB’s TanQR Codes and secure URLs embedded in EMVCo QR codes

Intesa Sanpaolo accelerates generational change through 9,000 exits at no social cost

The agreement identifies ways and criteria to reach the target of 4,000 people voluntary leaving the Group by 2027, either by retiring or accessing the Solidarity Fund

NY Attorney General launches probe into Capital One’s $35.3bn deal with Discover Financial

Capital One Financial and Discover Financial Services hold over $9.5bn and $6.5bn in credit card loans, respectively

Deutsche Bank reports first-half 2024 profit before tax of €2.4bn

Post-tax profit was € 52 million, down from €940 million in the prior year quarter

Deutsche Börse reports 13% increase in Q3 2024 net profit to €469m

For the third quarter of 2024, Deutsche Börse reported a growth of 18% in its net revenues at €1.4bn

HSBC announces simplified organisational structure

The changes will reduce the duplication of processes and decision making that are built into the current structure and will result in greater alignment and agility in serving our customers