All articles by Refna Tharayil
BNP Paribas’ Q3 2024 net income increases by 5.9% to €2.87bn
The French bank’s total revenues amounted to €11.94bn in the reported quarter that ended 30 September 2024
JP Morgan affiliates to pay $151m to resolve SEC enforcement actions
The SEC did not impose a penalty in one of the actions, taken against JPMS, because JPMS cooperated in the investigation and undertook remedial measures
Visa posts 14% increase in Q4 FY24 GAAP net income
The digital payments company also witnessed a 12% growth in its revenue for the reported quarter that ended on 30 September 2024 to $9.6bn
Mastercard launches new gen AI digital assistant capabilities to enhance customer value
Databricks partnership will support rapid build of gen AI-powered knowledge agent tools
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