Guaranty Trust Bank plc has held the 24th Annual General Meeting at which the Bank’s 2013 financial results was presented to its Shareholders. The result which was approved last month by the Central Bank of Nigeria and released to the Nigerian Stock Exchange reported a Profit Before Tax of N107.09 billion. According to information from
Amazon.com, Inc. has announced financial results for its first quarter ended March 31, 2014. Operating cash flow increased 26% to $5.35 billion for the trailing twelve months, compared with $4.25 billion for the trailing twelve months ended March 31, 2013. Free cash flow increased to $1.49 billion for the trailing twelve months, compared with $177
Wincor Nixdorf, the retail and banking solutions provider, has announced that Tesco, one of the world’s leading retailers, has named it ‘2013 IT Supplier of the Year’ for outstanding performance providing end-to-end IT solutions including hardware and services. This is the second consecutive year that Wincor Nixdorf has received a supplier accolade thanks to its
ACI Worldwide has announced that it has become a principal member of EPASOrg, a leading not-for-profit organization focused on overcoming obstacles to interoperability in electronic card payments. The role of EPASOrg is to develop, promote and maintain card payment standards across Europe, providing retailers with cost efficiencies and enhanced innovation as they expand their footprints
Ingenico has announced the opening of a new branch office in Casablanca – Morocco, with the aim to cover the African market. This new office is part of the company’s geographic expansion strategy which seeks to closely answer customers and partners needs to optimize its level of service on each continent. By expanding its footprint
American Express Company has reported first-quarter net income of $1.4 billion, up from $1.3 billion a year ago. “We are off to a good start to 2014, thanks to disciplined expense control, credit metrics near their historic low, higher revenues and a strong balance sheet that allows us to return a substantial amount of capital
The National Bank of Commerce (NBC) has announced a gross profit of 14.3bn/- from its operations in the 2013 financial year, up from 3.9bn/- recorded in 2012. The profit posted represents an increase of 10.4bn/- compared to the 2012 results, representing a rise of a whooping 267 per cent. NBC said its net interest margin
Datacard Group has announced a second-generation Datacard MX Series Vision Verification Module that is designed to automatically ensure proper card stock is loaded prior to card issuance as well as verify printed elements after personalization is complete. This technology complements the numerous checks and balances already in place as the card passes through the personalization
Square, the company enabling sellers to start, run, and grow their business, has hired Alyssa Henry to lead engineering for the company. Alyssa will head up engineering operations for Square’s infrastructure and payments platform, which processes tens of billions of dollars in payments annually. Most recently the Vice President of Amazon Web Services (AWS) Storage
Qatar Islamic Bank (QIB), a leading Islamic Bank in Qatar and NCR Corporation, the global leader in consumer transaction technologies, have signed a strategic agreement for the implementation of significant technology projects in 2014. As part of the agreement, QIB will purchase the innovative NCR Skimming Protection Solution (SPS) in an effort to proactively address
