earnings Archives

Major banks in the United States are increasing tech investment for added efficiencies and frictionless digital experiences — which have ...

Jack Henry to launch cloud-native solutions

byWhitney McDonald

May 9, 2024

Jack Henry invested in automation technology, grew its client base and explored AI during its fiscal third quarter, which ended ...

Envestnet invests in data, API solutions

byVaidik Trivedi

May 8, 2024

Wealth-tech giant Envestnet is ramping up its investment in data and analytics to increase subscription-based revenue and create new products. ...

FIS launches embedded finance platform

byVaidik Trivedi

May 7, 2024

NEW YORK — Tech provider FIS debuted its embedded finance platform, Atelio, in its Investor Day presentation today as its ...

Block shares Cash App, Afterpay integration update

byVaidik Trivedi

May 3, 2024

Block’s Cash App profit and number of users grew in the first quarter as the payments provider integrated buy now, ...

Payments, cloud services contribute to Apple’s $23B services revenue

byVaidik Trivedi

May 3, 2024

Tech giant Apple reported record revenue from its services businesses, which include payments and iCloud, and is going knee-deep in ...

Tech giants monetize AI

byWhitney McDonaldand1 others

May 1, 2024

Tech giants across the board are looking to monetize AI as they continue to pour funds into developing technology and ...

Banco Santander office on Passeig de Gracia in Barcelona

Tech saves Santander $53M in Q1

byWhitney McDonald

April 30, 2024

Santander Bank saved 50 million euros ($53.6 million) in the first quarter as the bank leaned into its tech investments ...

BNP Paribas, Deutsche Bank embrace cost discipline in Q1

byWhitney McDonald

April 29, 2024

European banks BNP Paribas and Deutsche Bank plan to pull back on expenses this year as they lean into their ...

International Business Machines Corp. (IBM) signage on a monitor on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Aug. 26, 2022. Stocks sank as Jerome Powell gave a short and clear message that rates will stay high for some time, pushing back against the idea of a Federal Reserve pivot that could complicate its war against inflation. Photographer: Michael Nagle/Bloomberg

IBM to acquire HashiCorp. Inc for $6.4B

byVaidik Trivedi

April 25, 2024

IBM plans to acquire cloud services provider HashiCorp for $6.4 billion in cash. HashiCorp has expertise in deploying multi- and ...

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Tag: earnings

How CFOs approach tech spend

Jack Henry to launch cloud-native solutions

Envestnet invests in data, API solutions

FIS launches embedded finance platform

Block shares Cash App, Afterpay integration update

Payments, cloud services contribute to Apple’s $23B services revenue

Tech giants monetize AI

Tech saves Santander $53M in Q1

BNP Paribas, Deutsche Bank embrace cost discipline in Q1

IBM to acquire HashiCorp. Inc for $6.4B

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