Payment

Currency Exchange International Announces a 15% and 21% Increase in Revenue for the Three-Months and Fiscal Year Ended October 31, 2023 Versus the Prior Year

Retrieved on: 
Wednesday, January 24, 2024

The complete financial statements and MD&A can be found on the Company's SEDAR profile at www.sedar.com.

Key Points: 
  • The complete financial statements and MD&A can be found on the Company's SEDAR profile at www.sedar.com.
  • This performance reflects our steadfast commitment to executing against the strategic plan that we developed in 2020.
  • Financial Highlights for the three-months ended October 31, 2023, compared to the three-months ended October 31, 2022:
    Revenue increased by $3.0 million or 15% to $22.8 million from $19.8 million.
  • Financial Highlights for the fiscal year ended October 31, 2023, compared to the fiscal year ended October 31, 2022:
    Revenue increased $14.5 million or 21% to $82.0 million from $67.5 million.

Newtopia Launches "GLP-1 Sustain" Program to Affordably Preserve and Extend Valuable Health Benefits of Novel Weight Loss Drugs

Retrieved on: 
Monday, January 29, 2024

Unpublished data from the three-year RCT further indicate that the program's weight loss benefit persists for at least three years.

Key Points: 
  • Unpublished data from the three-year RCT further indicate that the program's weight loss benefit persists for at least three years.
  • At less than 1/10th the cost of these drugs, GLP-1 Sustain offers a proven, scalable, and affordable pathway to preserve the weight loss and other health benefits produced by GLP-1 medications for millions of Americans.
  • If the weight does not stay off, the expense of GLP-1s and related drugs is hard to justify.
  • But if Newtopia helps users sustain their weight loss, especially when they cycle off the drug protocol, payers, employers, and providers can begin to rationalize prescribing and funding greater access to these medications."

Pavilion Payments Funds Research and Grant Award for the International Center for Responsible Gaming

Retrieved on: 
Tuesday, January 23, 2024

Pavilion Payments , the leading omnichannel payments provider exclusively serving the gaming industry, announced its support and contribution to the International Center for Responsible Gaming (ICRG) .

Key Points: 
  • Pavilion Payments , the leading omnichannel payments provider exclusively serving the gaming industry, announced its support and contribution to the International Center for Responsible Gaming (ICRG) .
  • Pavilion Payments’ involvement is meant to develop new ways to encourage patrons to utilize responsible gaming tools and play more securely and responsibly.
  • “At Pavilion Payments, we are committed to promoting responsible and ethical practices within the gaming industry,” said Christopher Justice, CEO of Pavilion Payments.
  • We believe in the potential of Dr. Wohl's research to reshape the gaming landscape by positively contributing to a future of responsible gaming.”

Global E-Commerce Market Forecast Report 2023-2030: Digitalization and Technology Drive the Multi-Trillion Market's Meteoric Rise - ResearchAndMarkets.com

Retrieved on: 
Friday, January 19, 2024

Like different market segments, the retail sector is also witnessing great revolution thanks to the continued digitalization, and the arrival of Abstract advanced technology.

Key Points: 
  • Like different market segments, the retail sector is also witnessing great revolution thanks to the continued digitalization, and the arrival of Abstract advanced technology.
  • Global e-commerce marketing is becoming an critical element of companies strategy, in which, it contributes significantly to the monetary improvement of a country.
  • Online advertising tools inclusive of Google classified ads Instagram, wechat and Facebook commercials additionally drive global e-commerce market growth.
  • Apparel and add-ons reign best in the global e-commerce market, securing the very best market share.

Discover Financial Services Reports Fourth Quarter 2023 Net Income of $388 Million or $1.54 Per Diluted Share and Full Year Net Income of $2.9 Billion or $11.26 Per Diluted Share

Retrieved on: 
Wednesday, January 17, 2024

The comparative prior quarter ended December 31, 2022 has been restated to reflect immaterial corrections to the financial statements.

Key Points: 
  • The comparative prior quarter ended December 31, 2022 has been restated to reflect immaterial corrections to the financial statements.
  • Personal loans increased $1.9 billion, or 23%, and private student loans increased $44 million, relatively flat from the prior period.
  • Net interest income for the quarter increased $401 million, or 13% driven by higher average receivables partially offset by net interest margin compression.
  • Payment Services pretax income of $54 million was up $17 million year-over-year primarily driven by increased PULSE revenue.

India to lead worldwide consumer growth with 31% of new consumers; digital economy to surpass US$1 trillion in LatAm and Africa

Retrieved on: 
Thursday, January 25, 2024

After Asia, Africa and Latin America are, respectively, the second and third regions to add more people, per the World Data Lab.

Key Points: 
  • After Asia, Africa and Latin America are, respectively, the second and third regions to add more people, per the World Data Lab.
  • Over half of the population in these regions already embraces digital payments, positioning them as central to economic growth and consumer access.
  • "There is a solid demographic reason for this: rising economies have a young and growing population, contrasting developed regions.
  • Also emerging as strong contenders are Mexico, Colombia, and Peru, which display annual growth rates of around 30% for digital commerce.

Dealer Spike and Sheffield Financial Partner to Elevate Digital Retailing

Retrieved on: 
Wednesday, January 24, 2024

LAKE OSWEGO, Ore., Jan. 24, 2024 /PRNewswire/ -- Dealer Spike, a leading provider of digital solutions for the powersports, marine, trailer and outdoor power equipment industries, and Sheffield Financial, a division of Truist Bank "Sheffield Financial", a trusted provider of retail financing solutions for more than 30 years, are excited to announce their strategic partnership to elevate the digital retail experience for dealerships and consumers.

Key Points: 
  • Sheffield Application Integration: Applicants who are ready to purchase will be able to apply for financing with Sheffield Financial using the Payment Genie experience on the dealer website enabling them to save time at the dealership.
  • Commenting on the partnership, Jeff McKay, President of Sheffield Financial, said, "Our collaboration with Dealer Spike enables dealers to effortlessly incorporate Sheffield Financial's innovative prequalification technology into their own Dealer Spike website.
  • Dealers will enjoy an integrated and efficient workflow, as Prequalified digital shoppers will be available in their Dealer Spike retailing portal."
  • The partnership between Dealer Spike and Sheffield Financial is set to transform the way dealerships operate in the digital realm, ultimately benefiting both dealers and consumers alike.

Global E-Commerce Market Forecast Report 2023: Market to Grow by $28.75 Trillion by 2030 with Rakuten, Amazon, Alibaba, Walmart, eBay, Zalando, Otto, and JD.com at the Forefront of Growth

Retrieved on: 
Tuesday, January 16, 2024

Global E-Commerce market size is projected to reach US$ 47.73 Trillion by 2030.

Key Points: 
  • Global E-Commerce market size is projected to reach US$ 47.73 Trillion by 2030.
  • Global E-commerce market is growing at a CAGR of 12.22% from 2022 to 2030.
  • Additionally, growth in seamless and uninterrupted Internet offerings is predicted to boost the on-line shopping publicity of consumers thereby favorably impacting the normal E-commerce market growth.
  • Online advertising tools inclusive of Google classified ads Instagram, wechat and Facebook commercials additionally drive global e-commerce market growth.

f7 Ventures Strengthens Team and Impact with Executive in Residence and Chief of Staff Additions

Retrieved on: 
Tuesday, January 16, 2024

"We are thrilled to welcome Emma Rodgers and Kaley Sirak Harder to f7 Ventures," said Kelly Graziadei, Co-founder and General Partner at f7 Ventures.

Key Points: 
  • "We are thrilled to welcome Emma Rodgers and Kaley Sirak Harder to f7 Ventures," said Kelly Graziadei, Co-founder and General Partner at f7 Ventures.
  • "We have had the pleasure of working closely with her first as an f7 Fellow to grow and elevate f7's impact.
  • Simultaneously, f7 Ventures proudly appoints Kaley Sirak Harder as Chief of Staff, leveraging her exceptional background as a military veteran and strategic leader.
  • Her diverse skill set and strategic prowess perfectly complement f7 Ventures' ethos of fostering innovation and nurturing groundbreaking ventures.

Equinox Introduces the Luxe 8700x Payment Terminal

Retrieved on: 
Monday, January 15, 2024

Equinox Payments (“Equinox”) revealed its new Luxe 8700x payment solution today at NRF 2024: Retail's Big Show in New York City.

Key Points: 
  • Equinox Payments (“Equinox”) revealed its new Luxe 8700x payment solution today at NRF 2024: Retail's Big Show in New York City.
  • The Luxe 8700x is part of Equinox’s total portfolio of innovative payment solutions, which includes fixed and mobile devices, payment software, developer tools, estate management, remote key injection, and other value-added services.
  • The crystal-clear display of the Luxe 8700x welcomes customers and the familiar placement of card readers speeds checkout.
  • Every feature of the Luxe 8700x is meticulously engineered to tolerate the test of time without jeopardizing extraordinary design.