ATLANTA - (04/22/05) -- Credit bureau Equifax Inc. saidearnings for its fiscal first quarter rose 15% to $58.6 million, or44 cents a share, over the same period last year, based on strongdemand for the company's core credit reports. The company saidfirst quarter revenues climbed 11% to $343 million, with its NorthAmerican unit growing its revenues by 10%, to $282 million.Personal solutions, through which the company provides creditreports directly to consumers, grew 19% during the quarter to $30million.
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The regulator argues the plans were costly, too theoretical and ineffective, eliminating the financial crisis-era requirement as part of the Trump Administration's deregulatory push.
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Thomas Owens, Trustmark's current chief financial officer, will take over as chief operating officer on May 1. The COO position has historically been a pathway to the top job at the Jackson, Mississippi-based bank.
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Will Artingstall, global head of digital asset payments and ecommerce solutions within Citi's Services business, sat down with American Banker to discuss the firm's banking-as-a-service business and how it fits into its larger corporate payments strategy.
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The bank's planned $142 million acquisition of Affinity Bancshares comes as war-related uncertainty appears to have slowed the industry's appetite for mergers.
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American Banker data finds that a majority of executives investing in technology expect payments enhancements in the immediate future as well as further out.
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American Banker is accepting applications for the Best Banks to Work For program. The annual ranking, which is now in its 14th year, is a showcase of banks that prioritize strong employee engagement, a positive corporate culture and plenty of employee support.
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