UnitedHealthcare Provides $200,000 to Six Organizations Supporting Youth in North Carolina
UnitedHealthcare Community Plan of North Carolina has announced $200,000 in grant funding to six local organizations supporting children in foster care and transition age youth across the state. “As an organization, we are committed to building healthier communities in North…
Wells Fargo & Company Declares Cash Dividends on Preferred Stock
Wells Fargo & Company (NYSE: WFC) today announced dividends on seven series of preferred stock. A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000…
RBC ranks third overall and #1 in Canada for AI maturity out of 50 global banks
For the second year in a row, RBC (TSX: RY) (NYSE: RY) ranked in the top three for artificial intelligence (AI) maturity among 50 global financial institutions in the Evident AI Index. The Evident AI Index, first issued by AI benchmarking and intelligence…
BofA Streamlines Car Shopping Journey with Enhanced Digital Tools and Resources
Bank of America is introducing new digital capabilities to support consumers in their car shopping and financing journey. Bank of America clients can now get prequalified for auto financing to learn how much they may be able to borrow and estimate their…
Mastercard and NEC collaborate to advance in-store biometric payments
In an everchanging digital environment, merchants and consumers are looking for more seamless, secure, and innovative checkout experiences. Now, the trusted technology that uses your face to unlock your phone or tablet can soon be used to help consumers speed…
Mastercard SpendingPulse: Canadian Consumers are expected to prioritize brick-and-mortar shopping this holiday season
This holiday season, from November 1 to December 24, Canadian in-store sales are expected to increase 2.8% year-over-year (YoY), according to Mastercard SpendingPulse™. Coming off a strong post-Covid holiday season in 2022, consumer spending is expected to remain resilient this year.…
Heightened economic risks dominate G20 business leaders’ near-term concerns
According to new data from the World Economic Forum, economic and societal threats – such as economic downturn, inflation and an erosion of social cohesion – rank among the biggest risks in G20 countries over the next two years, based…
United Health Foundation donations to help provide humanitarian relief to civilians in Israel and Gaza
The continued suffering and loss of life of innocent civilians in Israel and Gaza weigh heavily on the minds of many. In response to the growing humanitarian crisis, the United Health Foundation, the philanthropic foundation of UnitedHealth Group, is donating…
CBA delivers solid first quarter result after strong focus on customer outcomes
Commonwealth Bank has reported an unaudited cash net profit after tax (NPAT) of $2.5 billion for the first quarter of its new financial year, a result that reflects the group’s focus on delivering good customer outcomes and consistent operational and…
Wells Fargo Joins Forces with Team Rubicon to Train Veterans to Rebuild Homes
With a grant of $750,000, the Wells Fargo Foundation will fuel the creation of the Team Rubicon TRades Academy to address the need for credentialed contractors in communities nationwide, especially after natural disasters. The veteran‑led humanitarian organization Team Rubicon continues to witness a critical…
SoftBank Corp. completes nationwide expansionof all optical network in core areas in Japan leveragingFujitsu’s disaggregation-type optical transmission system
Fujitsu and SoftBank Corp. (“SoftBank”) announced that SoftBank on October 26 completed the nationwide deployment in core areas of an all optical network in Japan using a disaggregated architecture*1 optical transmission system that supports open networks, including Fujitsu’s next-generation optical transmission…
Allianz increases revenues by 4.5% to 36.5 billion euros
Total business volume 3Q 2023: Total business volume rose by 4.5 percent to 36.5 billion euros, driven by the Property-Casualty business segment which benefitted from higher prices and volumes while the growth of the Life/Health business segment was primarily linked to strong…