Prepayment

Usio Announces Record Full Year 2023 Revenues

Retrieved on: 
Wednesday, March 27, 2024
Technology, Payments, Finance, Security, Fintech, Banking, Other Technology, Professional Services, Software, Other Professional Services, ACH, EPS, Growth, Hand, Prepayment, Video game

Usio, Inc: (Nasdaq: USIO), a leading FinTech company that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, today announced financial results for the fourth quarter and year 2023, which ended December 31, 2023.

Key Points: 
  • Usio, Inc: (Nasdaq: USIO), a leading FinTech company that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, today announced financial results for the fourth quarter and year 2023, which ended December 31, 2023.
  • Louis Hoch, Chairman and Chief Executive Officer of Usio, said, “For the seventh consecutive year, Usio achieved record revenues, with full year 2023 revenues of $82.6 million, up 19%.
  • Both of these results met the fiscal 2023 Guidance established at the outset of 2023, illustrating our focus throughout the year on delivering on our commitments to our shareholders.
  • Revenues were $19.4 million for the fourth quarter, up 4% compared to $18.7 million in the same period last year.

Usio Welcomes Payments Veteran Mr. Jerry Uffner as Senior Vice President of Card Issuing Sales

Retrieved on: 
Wednesday, December 6, 2023
Software, Payments, Finance, Banking, Professional Services, Technology, Electronic Commerce, Fintech, EBITDA, FIS, Senior, Organization, Worldpay, First Data, As a service, Growth, Prepayment, Management

Usio, Inc: ( Nasdaq: USIO ), a leading FinTech company that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, today announced the appointment of Mr. Jerry Uffner, an accomplished leader with a proven track record of driving payment operation revenue growth, as Senior Vice President of Card Issuing Sales.

Key Points: 
  • Usio, Inc: ( Nasdaq: USIO ), a leading FinTech company that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, today announced the appointment of Mr. Jerry Uffner, an accomplished leader with a proven track record of driving payment operation revenue growth, as Senior Vice President of Card Issuing Sales.
  • Mr. Uffner previously served as Senior Vice President of Prepaid at FIS, successfully stabilizing revenue and increasing EBITDA in the Prepaid Division after a period of decline.
  • Jerry also currently serves as President and a Board Member at BackPack Blessings in Marietta, GA.
    Houston Frost, Usio Senior Vice President of Card Issuing, stated, “With record card issuing revenue growth anticipated in 2023, Jerry Uffner is a welcomed addition to our team.
  • We eagerly anticipate his expertise in implementing innovative payment strategies, forging strategic partnerships and leading high-performing prepaid card issuing sales.”

T-Mobile Outpaces the Industry on Customer and Service Revenue Growth, Delivers Highest Cash Flow in Company History in Q3 2023 and Raises Guidance Again

Retrieved on: 
Wednesday, October 25, 2023
Mobile, Wireless, Technology, 5G, Carriers and Services, Specialty, Telecommunications, Networks, Internet, Retail, Consumer Electronics, AT&T, Prepayment, Pandemic, ARPU, EBITDA, Postpaid mobile phone, GAAP, Interest, Environment, Growth, T-Mobile, Comcast, UN, AT, AND, Net, TMUS, Charter, High, Pharmaceutical industry, Music, Video game, Bank

The Company continues to translate its industry-leading customer growth into best-in-class growth in service revenues, profitability and cash flow, while raising full-year 2023 guidance.

Key Points: 
  • The Company continues to translate its industry-leading customer growth into best-in-class growth in service revenues, profitability and cash flow, while raising full-year 2023 guidance.
  • The Company also announced its Ultra Capacity 5G network now covers 300 million people with dedicated mid-band spectrum, reaching its 2023 goal over two months ahead of schedule.
  • “This quarter’s best-in-class customer and financial growth, including our industry-leading postpaid net customer AND account adds and highest cash flow in Un-carrier history, paint a clear picture of a durable and differentiated strategy that is working.
  • Starting in Q1 2023, we renamed Free Cash Flow to Adjusted Free Cash Flow.

Sutton Bank appoints Industry Veteran Darryl Clukey to lead Payments Division

Retrieved on: 
Thursday, September 7, 2023
Professional Services, Payments, Technology, Other Technology, Finance, Fintech, Banking, Prepayment, Bachelor, Independent, Marketing, Human resource management, Independent Community Bankers of America, Fairleigh Dickinson University, Brigham Young University, Reward, Gorrell, Human resources, Sutton Bank, Knowledge, Growth, Bank, SVP, Payment

Sutton Bank announced today that Darryl Clukey has joined the Bank and Sutton Payments as SVP, Chief Payments Officer.

Key Points: 
  • Sutton Bank announced today that Darryl Clukey has joined the Bank and Sutton Payments as SVP, Chief Payments Officer.
  • Darryl will provide strategy, direction and growth initiatives to Sutton Bank’s existing Payments business lines as the Bank continues to expand its products and services to the market.
  • Darryl most recently served as VP of Strategic Partnerships for a large issuing bank in the fintech and payments space.
  • Sutton Bank, an Ohio-based independent, community bank, was founded in 1878 and has grown into a top-performing community bank, as recognized by the Independent Community Bankers of America.

Javelin Welcomes Elisa Tavilla as the Director of Debit Advisory Services

Retrieved on: 
Thursday, July 13, 2023
Prepayment, Paul H. Nitze School of Advanced International Studies, Federal Reserve Bank, Language, EMarketer, Research, Fulbright Program, Middlebury College, ATM, Federal Reserve Bank Building (Boston), Digital asset, EFT, SAN, Harvard Business School, Commercial, Javelin, Adelphi University, Debits and credits, Northwestern University, Economics, Kellogg School of Management, Bank

SAN FRANCISCO, July 13, 2023 (GLOBE NEWSWIRE) -- Javelin Strategy & Research is excited to announce Elisa Athonvarangkul Tavilla as the new Director of Debit Advisory Services.

Key Points: 
  • SAN FRANCISCO, July 13, 2023 (GLOBE NEWSWIRE) -- Javelin Strategy & Research is excited to announce Elisa Athonvarangkul Tavilla as the new Director of Debit Advisory Services.
  • Tavilla will head the Debit Advisory Services practice , making a strong addition to the Javelin team of payments subject matter experts.
  • Her impressive credentials will provide our clients with unparalleled insight in the debit space,” said Brian Riley, co-head of payments at Javelin.
  • “Elisa rounds out our payments bench strength with another exceptional expert.”
    Tavilla joins Javelin with more than 15 years of experience in global payments and research.

CPI Card Group Inc. Reports First Quarter 2023 Results

Retrieved on: 
Tuesday, May 9, 2023
Apps, Applications, Technology, Mobile, Wireless, Payments, Finance, Fintech, Banking, Professional Services, Software, Borrowing base, Prepayment, IBM, University, Senior, CPI, Hochstadt, Telephone, Partner, Senior advisor, Tax, Western Union, Business, Master, GAAP, MSCI, Scott Scheirman, SOX, Washington University in St. Louis, LTM, Master of Business Administration, Public expenditure, Visa, Wharton School of the University of Pennsylvania, Business administration, Debit and Credit, EBITDA, Nature, PwC, Widener University Commonwealth Law School, Growth, ABL, Depreciation, First Data, Free cash flow, Adjustment, Debits and credits, Credit, PMTS, Son, Payment card, Video game, Mobile phone, Financial services, Security (finance), Bank, Management, Bookkeeping, Science

CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit, and prepaid solutions, today reported financial results for the first quarter ended March 31, 2023 and affirmed its financial outlook for 2023.

Key Points: 
  • CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit, and prepaid solutions, today reported financial results for the first quarter ended March 31, 2023 and affirmed its financial outlook for 2023.
  • CPI is a top payment solutions provider in the U.S. serving thousands of banks, credit unions and fintechs.
  • “The first quarter results demonstrate continued progress for CPI, including strong cash flow improvement from our focus on working capital management,” said Amintore Schenkel, Chief Financial Officer of CPI.
  • “We are excited to have Jeff join the CPI team,” said Scott Scheirman, President and Chief Executive Officer of CPI.

Usio Announces Record First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 3, 2023
Professional Services, Payments, Technology, Software, Finance, Fintech, Banking, Momentum, Communication, Microsoft Dynamics 365 Business Central, COVID-19, Microsoft, GAAP, ACH, Voyager, History, Credit card, Fortune 500, CRM, Growth, Total, Video game, Prepayment, Adjustment

Usio, Inc: (Nasdaq:USIO), a leading FinTech company that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, today announced financial results for the first quarter, which ended March 31, 2023.

Key Points: 
  • Usio, Inc: (Nasdaq:USIO), a leading FinTech company that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, today announced financial results for the first quarter, which ended March 31, 2023.
  • Gross profits for the first three months of fiscal 2023 were a quarterly record $4.9 million and gross margins expanded over 3.7% from the first quarter of 2022.
  • Total payment transactions processed in the first quarter of 2023 were 8.6 million, a decrease of 18% over the same quarter of last year.
  • Revenues for the quarter ended March 31, 2023 increased 18% to $21.4 million, reflecting growth in the Prepaid, Usio Output Solutions, and Credit Card lines of business.

T-Mobile Delivers Industry-Leading Growth in Customers and Profitability in Q1 2023 and Raises 2023 Guidance

Retrieved on: 
Thursday, April 27, 2023
Hardware, Retail, Consumer Electronics, Technology, Public Relations, Investor Relations, Carriers and Services, Audio, Video, Communications, Online Retail, 5G, Department Stores, Specialty, Telecommunications, Networks, Mobile, Wireless, Prepayment, AT&T, Net, Comcast, High, Sprint, Postpaid mobile phone, Interest, AT, UN, TMUS, GAAP, EBITDA, G-network, Carrier, Growth, Verizon Communications, T-Mobile, Environment, Charter, Video game, Music, Pharmaceutical industry, Mobile phone, Bank

"T-Mobile’s focused execution against our intentional growth plan delivered best-in-class postpaid and broadband customer and profitability growth in Q1 that gave us confidence to raise our 2023 guidance for customers and profitability,” said T-Mobile CEO Mike Sievert.

Key Points: 
  • "T-Mobile’s focused execution against our intentional growth plan delivered best-in-class postpaid and broadband customer and profitability growth in Q1 that gave us confidence to raise our 2023 guidance for customers and profitability,” said T-Mobile CEO Mike Sievert.
  • “For more than ten years, the Un-carrier has put customers first and we will continue to do just that.
  • Postpaid net customer additions of 1.3 million decreased 25 thousand year-over-year, reflecting continued normalization of industry growth.
  • Postpaid phone net customer additions of 538 thousand decreased 51 thousand year-over-year while reflecting a higher share of industry net additions.

Usio Announces Record Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Wednesday, March 8, 2023
Software, Banking, Mobile, Wireless, Networks, Professional Services, Fintech, Payments, Electronic Commerce, Apps, Applications, Technology, Security, Finance, Adjustment, Growth, MoviePass, Economics, ACH, COVID-19, Card, Record, Credit card, County, Cryptocurrency, Video game, Bank, Prepayment

Usio, Inc. (Nasdaq:USIO), a leading FinTech company that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, today announced financial results for the fourth quarter and year 2022, which ended December 31, 2022.

Key Points: 
  • Usio, Inc. (Nasdaq:USIO), a leading FinTech company that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, today announced financial results for the fourth quarter and year 2022, which ended December 31, 2022.
  • Louis Hoch, Chairman and Chief Executive Officer of Usio, said, “Usio ended the year on a high note, as revenue in the fourth quarter was a record, as well as our tenth consecutive quarter of quarterly revenue growth, which led to our sixth consecutive year of record revenue.
  • We also posted record gross profits in the fourth quarter, in part due to the success of our prepaid business, which generated strong residual revenues from large, completed contracts.
  • The Company ended the year in a strong financial position, with positive cash flow achieved once again during the fourth quarter.

CPI Card Group® and Share One Streamline Instant Issuance with Core Integration

Retrieved on: 
Tuesday, November 29, 2022
Data Management, Banking, Technology, Professional Services, Payments, Business, Software, Networks, Fintech, Mobile, Wireless, Finance, CPI, CUSO, Giving, Credit union service organization, PCI, EMV, Software as a service, PMTS, SVP, Visa, Financial services, Bank, Prepayment

With the integration, Share Ones credit union clientele who offer Card@Once instant issuance to their members can instantly issue and print new and replacement EMV contact and contactless capable payment cards.

Key Points: 
  • With the integration, Share Ones credit union clientele who offer Card@Once instant issuance to their members can instantly issue and print new and replacement EMV contact and contactless capable payment cards.
  • Offering state-of-the-art instant issuance that is integrated with our core platform furthers that mission, giving our clients the ability to provide personalized payment cards through a simplified issuance process, said Kim Young, Share One President & CEO.
  • The new core integration with CPI empowers credit unions served by Share One access to streamlined instant issuance through a powerful SaaS-based printing solution.
  • Share One and CPI have a commitment to providing member-centric solutions that help credit unions embrace innovation and strengthen member relationships along the way, said Lane Dubin, SVP and General Manager, Prepaid, Personalization Solutions and Instant Issuance for CPI Card Group.