FBNQuest

Core Banking

GrandSouth | June 22, 2022

First Bancorp and GrandSouth Bancorporation announced a merger where First Bancorp will acquire GrandSouth at a share value of $31.43 per share, or a total value of $181.1 million in an all-stock transaction. GrandSouth is in great communities with talented bankers. Our cultures are very similar and we are excited to bring our teams together." Mike Mayer, President and CEO of First Bank Read More

Payments

SwiftPass, Wallyt, Findora | December 29, 2020

Findora reported today that the organization will coordinate their solutions with SwiftPass, a main mobile payments service provider in Asia, and Wallyt, a Hong Kong based Fintech that gives global mobile payments and open banking solutions. Findora is a blockchain network that use zero-knowledge proof technology to guarantee security for financial transactions while staying auditable. Findora upholds classified exchange processing, verification and asset issuance for any cryptocurrency or finan...

Apple | January 20, 2020

Everyone knows that the global corporate tax system needs to be overhauled, Apple (AAPL.O) Chief Executive Tim Cook said on Monday, backing changes to global rules that are currently under consideration. The growth of internet giants such as Apple has pushed international tax rules to the limit, prompting the Organisation for Economic Cooperation and Development (OECD) to pursue global reforms over where multinational firms should be taxed. The reforms being examined center around the booking of...

Harley-Davidson | January 28, 2020

Harley-Davidson Inc (HOG.N) on Tuesday reported a larger-than-expected decline in its motor cycles revenue, hurt by a continuing slide in retail sales in the United States, sending its shares lower. Revenues at its motorcycles, parts & accessories and general merchandise segment fell 8.5% year-on-year to $874.1 million in the fourth quarter on the back of lower bike shipments. Analysts surveyed by Refinitiv on average expected revenues to decline 3.7% to $920.14 million in the quarter. Its s...