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Payment Orchestration: Businesses Global Tool to Increasing Revenue
Portugal’s Airline Tap Turns to Rare Profit as Revenues Soar
Date: November 2, 2022
LISBON (Reuters) – Portuguese airline TAP posted a rare net profit in the third quarter on Wednesday on strong revenue and helped by currency hedging, but said visibility for next year remained low. The state-owned company, which is undergoing restructuring, reported a profit of 111 million euros ($110 million) versus a loss of 134.5 million...
New Gsk Shines Brighter With Another Forecast Upgrade
Date: November 2, 2022
By Natalie Grover (Reuters) -GSK beat third-quarter earnings forecasts on Wednesday and raised its 2022 estimate for the second time in four months, continuing its strong start as a standalone prescription medicine business since spinning off its consumer health unit. After years of underperformance relative to its peers and missing out on the lucrative market...
Sodexo Sees Demand for Catering and Vouchers Lifting Margins
Date: November 2, 2022
By Diana Mandia (Reuters) -Sodexo expects its operating profit margin to rise to over 6% in 2025 as more companies outsource their catering needs and the French food services group expands its vouchers business. The company delivered a 5% margin in its last fiscal year and last week forecast an increase to 5.5% for 2022-2023....
How IT Teams Can Stand Out From the Crowd Without Complicating Their Product Stack
Date: November 2, 2022
John Phillips, General Manager at Zuora The need for future-proof architectures in a climate of uncertainty Digital transformation is no longer an option for businesses today; it’s essential. The technology landscape is changing fast, and those companies that don’t adapt risk being left behind. Indeed, tech is essential to an organisation’s growth. Behind every new customer...
With Interest Rates Up, SMBs Are Turning to Banks for Innovative Solutions
Date: November 1, 2022
By Keith Riddle, CEO of Americas at BankiFi Rising inflation and the Federal Reserve’s efforts to curb it by raising interest rates have dominated this year’s economic news. Since February, the Fed has raised benchmark interest rates to 3%-3.25%, the highest it has been in over a decade. In September of this year, the Fed...
Around the World in AML Regulation
Date: November 1, 2022
By Gabe Hopkins, Ripjar Chief Product Officer Among evolving regulations, business leaders need a solid understanding of their anti-money laundering compliance responsibilities wherever they are operating. Global anti-money laundering (AML) and counter-financing of terrorism (CFT) compliance is a complex but crucially important challenge that can vary significantly by jurisdiction, risk environment, and emerging fintech innovations....