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ING Posts 2Q2021 Net Result of €1,459 ZMillion

2Q2021 result before tax of €2,065 million; capital position strengthens to 15.7%

• Growth in fee income of 18.3% year-on-year, especially in daily banking and investment products. Net interest incomedeclined due to liability margin pressure.

• Net release of risk costs following an update of macroeconomic indicators. Expenses remained under control.

• Shareholder distribution of €3,618 million after 30 September 2021. More customers choose ING as their primary bank; lending decreases

• Primary customer base rose by 281,000 in 2Q2021 to 14.0 million.

Friday, August 6, 2021 - 09:29
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Financial IT
Empirical is no Miracle: Decisions, Decisions, Data, Then Decisions

Quaesitum means “the true value of a quantity based on measurement.” Evidence shows the way forward… or so the theory goes. But good empirical data doesn’t create miracles. Decisions are often based on emotion, judgement, and experience; empirical data lights the way, like a flashlight in the woods.

Friday, August 6, 2021 - 09:14
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Financial IT
Payoneer Expands Leadership Team with Appointment of Chief Revenue Officer Robert Clarkson

Payoneer Global Inc., the commerce technology company powering payments and growth for the new global economy, today announced the appointment of Robert Clarkson to a new leadership role as Chief Revenue Officer.

Friday, August 6, 2021 - 09:00
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/news/e-commerce/payoneer-expands-leadership-team-appointment-chief-revenue-officer-robert-clarkson
Financial IT
Citi Blurs the Line Between Credit Cards and BNPL Solutions with New Spot Card
Friday, August 6, 2021 - 08:52
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/news/credit-cards/citi-blurs-line-between-credit-cards-and-bnpl-solutions-new-spot-card
Financial IT
A Story of Call Monitoring and Compliance Efficiency for Zoom Content

By Devin Redmond, CEO and Co-Founder of Theta Lake

Friday, August 6, 2021 - 08:40
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Financial IT
Don’t Think Just Buy and Australian Trade Record

Don't think, just buy.

The relentless march higher in the AUS200 above appears unstoppable. Even while most of the eastern seaboard of Australia is now in lockdown.

Friday, August 6, 2021 - 06:01
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Financial IT
Dollar Little-Changed into Payrolls Despite Wide Range of Expectations

GBP Advances; BOE Maintains Policy, Upgrades Inflation Forecasts

Friday, August 6, 2021 - 05:42
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/blog/trading/dollar-little-changed-payrolls-despite-wide-range-expectations
OFG Bancorp Invests $3 Million in Nymbus

NYMBUS®, a leading provider of banking technology solutions, today announced a $3 million financing round led by OFG Ventures, LLC, a subsidiary of OFG Bancorp [NYSE: OFG].

Thursday, August 5, 2021 - 18:02
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/news/lending/ofg-bancorp-invests-3-million-nymbus
Financial IT
Hyland Names Bob Dunn Vice President of Global Partner Programs

New role to focus on driving global growth within Hyland’s partner ecosystem

Thursday, August 5, 2021 - 17:47
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/news/investment/hyland-names-bob-dunn-vice-president-global-partner-programs
Financial IT
Intelligent Systems Reports Second Quarter 2021 Results

Intelligent Systems Corporation, the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, announced today its financial results for the quarter ended June 30, 2021.

Thursday, August 5, 2021 - 17:28
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/news/credit-cards/intelligent-systems-reports-second-quarter-2021-results
Financial IT

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