Biggest Movers Processing Content Published October 12, 2011 | |||||||
|---|---|---|---|---|---|---|---|
| Places climbed/ declined | Rank | Why | |||||
| 2011 | 2010 | ||||||
| FinTech 100 | |||||||
| Davis + Henderson | +23 | 41 | 64 | Acquired a business processing outsourcing firm called Resolve in mid-2009 | |||
| Luxoft | +18 | 80 | 98 | Opened new development centers in the U.K. and Poland in 2010 | |||
| Online Resources | +14 | 62 | 76 | Grew its community bank user base | |||
| Nice Actimize | +12 | 71 | 83 | Saw strong demand for its anti-fraud and anti-money-laundering software | |||
| BancTec | -9 | 59 | 50 | Decrease in overall year-over-year revenue | |||
| CPM Braxis | -11 | 39 | 28 | Financial services revenue fell from 68% in 2009 to 52% in 2010 | |||
| Ingenico | -15 | 36 | 21 | Financial services revenue dropped from 72% to 28% | |||
| Six Card Solutions | -17 | 70 | 53 | Decreased income from financial investments and a significantly weakened Euro | |||
| Enterprise 25 | |||||||
| Deloitte & Touche Tohmatsu | +8 | 15 | 23 | Financial services revenue rose from 4% to 7% | |||
| Oracle | +4 | 8 | 12 | The software giant grew its operating income 36% | |||
| Wipro Technologies | +4 | 16 | 20 | 21% growth in its IT services business in 2010 and the first quarter of 2011 | |||
| Reed Elsevier | -5 | 21 | 16 | Income from financial services dropped from 17% to 10% | |||
| Unisys | -5 | 23 | 18 | Overall income decreased and drop in revenue from financial services | |||
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The Federal Trade Commission has ended enforcement of disparate-impact claims under federal antidiscrimination law, aligning with the stance taken by other federal agencies during the Trump era.
August 7 -
Berger Financial Group plans to more than double its footprint and staff, and Investcorp is looking at more opportunities beyond supporting Berger in the "untapped" wealth space.
August 7 -
The federal agency has denied the Dutch neobank's de novo bank charter application, citing "significant supervisory and compliance concerns."
August 7 -
Gateway Bank, which has narrowed its losses under new CEO Mukhtar Ali, hired a team of residential-construction lenders to speed its return to profitability.
August 7 -
The core provider is conducting a review of its offerings after a 21% decrease in earnings per share and a drop in revenue from its core banking sector.
August 7 -
Near-term expectations for price growth fell in the latest consumer sentiment survey from the Federal Reserve Bank of New York, but remains above the central bank's target across all time horizons.
August 7









