Browsing: revenue

Key insight: Nubank reported strong revenue growth and multiple one-time expenses in its Q4 and full-year earnings report.Supporting data: Nu Holding’s total credit portfolio expanded 40%…

Key insight: Treasury Secretary Scott Bessent said the Supreme Court limited the administration’s tariff authority under the International Emergency Economic Powers Act, but that other laws…

Key insight: Bank of America is directly connecting increased revenue and decreased cost to AI.What’s at stake: Operational costs and competitive advantage hinge on successful AI…

Key insights: Block’s stock fell 11% in afterhours trading on Thursday after the fintech missed Wall Street’s earnings estimates.   What’s at stake: The selloff came as the…

Key insight: ChimeCore migration and Chime Card rollout is shifting the neobank’s revenue toward interchange fees.Supporting data: Q3 revenue $543.5 million; active users up 21% to…

Key insights: Visa had a “better than expected” fiscal fourth quarter and said it expected that momentum to carry through the holidays. What’s at stake: Despite some…

Key insights: JPMorgan Payments logged record revenues of $4.9 billion in the third quarter, a 14% year-over-year increase. Excluding the impact of equity investments, payments revenue…

Key insight: Bank of New York Mellon reported a strong third quarter, aided by higher net interest income and the release of provisions for credit losses.Forward…

What’s at stake: On average, U.S. businesses reported losing the equivalent of 9.8% of their revenue to fraud over the past year, a significant increase from…

Noelle Acheson points out that crypto custody is about more than incorporating new assets into an established service; it’s about reshaping how we see standard financial…