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(The Paypers) UniCredit has announced the completion of its first Italian transaction via blockchain-based trading platform we.trade.
(The Paypers) Financial solutions provider, VSoft, has launched a version of its core banking system, Wings, for the US.
(The Paypers) Pakistan-based Khushhali Microfinance Bank has announced that it has gone live on Temenos’ T24 core banking system.
(The Paypers) The UK-based blockchain startup Exscudo has announced its plans to issue a debit card with cashback feature.
(The Paypers) Online card expenditure will continue to increase faster than card spending at physical outlets to account for 25% of all card expenditure by 2023, a RBR report suggests.
(The Paypers) Wirecard and Slovenia-based fintech company mBills have enabled Garmin Pay as a further digital payment option.
Nike's Q3 2019
Revenues increased 13% to $9.8 billion, up 8% on a currency-neutral basis.
Operating overhead increased 17%, driven by continued investment in NIKE’s digital transformation, as well as year-over-year compensation related accruals.
In Q3, growth was led by NIKE Digital, which on a currency neutral basis grew 36% globally.
Nike delivered 24% currency-neutral revenue growth in Greater China, led by NIKE Direct, with digital commerce up over 60%.