CHANTILLY, Va. - (07/21/05) -- Internet services provider OnlineResources Corp. Said net income for its second quarter rose to $1.8million, or seven cents a share, up from $1.2 million, or six centsa share, for the period last year. The company reported a 42%increase in revenues to $14.3 million for the quarter, and a 48%rise in revenues for the first six months of the year to $29.4million. As a result, the company said net income for the firsthalf of the year more than doubled to $4.2 million, or 19 cents ashare.
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JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.
3h ago -
Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
4h ago -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
7h ago -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Back-office automation fintech BILL Holdings is using JPMorgan Payments white-label digital wallet to subledger its own clients' accounts. Reconciling client payments for BILL's corporate card, the BILL Divvy Card is the company's first use case.
June 18








