Moussa81/iStock via Getty Images
AngloGold Ashanti (AU) climbed 3.3% in Monday’s trading as TD Cowen initiated coverage with a Buy rating and $123 target price, viewing the miner as “a high-quality senior producer, offering a combination of organic production growth and strong free cash flow generation, with a good
Earnings Call Insights: First Business Financial Services (FBIZ) Q3 2026
“We produced record pretax pre-provision and bottom line earnings” (President, CEO & Director David Seiler), and “these outcomes were driven by strong operating fundamentals as reflected in pretax pre-provision earnings that grew 13% year-over-year and
Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank.
AlexSecret
The Chicago PMI dipped to 55.3, missing the 56.0 consensus, from 58.8 in September, according to data released by MNI and the Chicago Institute for Supply Management on Friday.
A reading over 50 indicates economic growth. So the lower number in October suggests that growth slowed from the September pace.
Developing… Check back for updates.
Earnings Call Insights: Columbia Sportswear Company (COLM) Q3 2026
Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank.
Earnings Call Insights: Agilysys, Inc. (AGYS) Q2 fiscal 2027
Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank.
Earnings Call Insights: WSFS Financial Corporation (WSFS) Q3 2026
“During the third quarter, WSFS’ performance continued to demonstrate the strength of our franchise and diverse business model.” (Executive VP & CFO David Burg)
“Results included a core EPS
Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank.
Earnings Call Insights: First Hawaiian (FHB) Q3 2026
Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank.
Earnings Call Insights: Vitec Software Group AB (VITBF) Q3 2026
CEO Olle Backman framed Q3 as steady execution, saying, “the highlights for the quarter, of course, continued to grow at 15% in total sales” and adding that “EBITDA also up 15%” while “cash EBIT… was up 13%.”
Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank.
Earnings Call Insights: Enova International (ENVA) Q3 2026
“We’re pleased to report another quarter of healthy growth in credit as originations, receivables, revenue and adjusted EPS all grew 25% or more year-over-year,” said CEO Steven Cunningham. “Originations growth was strong across both consumer
Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank.
Earnings Call Insights: Dover Corporation (DOV) Q3 2026
Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank.
Earnings Call Insights: Intuitive Surgical (ISRG) Q3 2026
Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank.
Management is targeting loan and deposit expansion, notably in Texas and through Innovation Banking, with outlook for growth in net interest income, reduction in noninterest expense, and active pursuit of revenue synergies in wealth and commercial banking.
Home 
Transaction Banking Standard Bank’s Rajesh Ramsundhar on Africa’s Growth in Payments and Trade
Produced in partnership with Standard Bank, this video features Rajesh Ramsundhar, Head of Investor Services & Financial Institutions, Corporate and Investment Banking at Standard Bank, speaking with Global Finance at Sibos.
Ramsundhar explains why Standard Bank is firmly bullish on Africa’s long-term growth runway; how payments and trade sit as the bank’s core transaction banking priorities; and how its technology agenda — building on the bank’s legacy of innovation, deploying technology to enter new markets, and applying data and AI to sharpen efficiency and client service — is positioning the bank for what comes next.
IN PARTNERSHIP WITH
Michael Vi
Starboard Value sees significant upside in Skyworks Solutions (SWKS), viewing the chipmaker as undervalued following its acquisition of Qorvo (QRVO), Bloomberg reported, citing people familiar with the matter.
The activist investor sees potential value in the companies’ complementary product portfolios and merger-related cost
China’s economy grew 4.5% year-on-year in Q3 2026, up from Q2’s three-year low of 4.3% and above market expectations of 4.4%. Growth was supported by recent policy loosening, strong exports, but domestic consumption and investment remain sluggish amid a prolonged downturn in the property market and
Investments in instant and cross-border payment systems fuel adoption.
From the start of August to the end of September, the National Bank of Rwanda saw transactions on its eKash instant digital payment system jump from 140,000 to 1 million per month.
The value of transactions also rose sharply, from about $7 million per month to around $1.5 billion per month.
The Rwandan government considered payments a public good and invested in eKash as part of the digital public infrastructure, provided that the new platform ensured a level playing field between mobile money operators and banks, said Soraya Munyana Hakuziyaremye, the Governor of the National Bank of Rwanda, during a Governor Talk at the IMF and World Bank annual meetings in Bangkok.
The central bank, taking a page from leading operators of instant payment systems like India’s UPI and Brazil’s PIX, decided to eliminate existing bilateral relationships that mobile money providers had with banks and microfinance institutions and mandated that all person-to-person transactions take place on eKash. It also capped transaction fees at a hundredth of what users might have previously paid.
“For transactions that were above a million [Rwandan] francs [about $679], you could pay up to the equivalent of a $2 fee for a transaction,” Hakuziyaremye said. “Today, the transfer fee is capped at 20 francs, or less than $0.02.”
Without the mandatory routing requirement, she added, the central bank could not have reduced transaction costs.
To soften the blow the mandate had on the bottom lines of the affected banks, mobile money providers, and microfinance operators, the central bank showed them possible new revenue streams from offerings that leveraged the transaction data collected by eKash.
“They can negotiate with our national switch for the data they need at an aggregated level to offer more lending to their clients, since they have the history of their transactions, and use alternative credit scoring instead of asking for collateral for every single loan they give,” said Hakuziyaremye.
Access to credit remains a major concern for the National Bank of Rwanda, or NBR, as 92% of people have bank or mobile money accounts, but only 20% have access to credit or microcredit.
“It is still a very huge gap,” she said. “So, tracking the financial health indicators will help us improve the financial well-being of citizens.”
The East African country is also experiencing rapid advancements in cross-border payment integration at the regional and continental levels.
The NRB is seeing the East African Payment Master Plan, adopted by the East Africa Community, or EAC, in 2025, begin to bear fruit. The central bank launched a pilot that integrates eKash with its eastern neighbor’s Tanzania Instant Payment System, or TIPS.
“We want to use this as a blueprint for a framework to integrate payment systems in the region,” said Hakuziyaremye.
At the same time, the country is part of the Common Market of Eastern and Southern Africa (COMESA), which has its own regional payment system, the COMESA Clearing House.
The NRB is actively integrating its payment systems with the African Continental Free Trade Area’s Pan-African Payment and Settlement System (PAPSS), which seeks to deliver instant payments to beneficiaries in their local currency anywhere in Africa.
When faced with regional cross-border instant payment transactions, NRB agreed to route all of its intra-EAC payments through the regional EAC payment system and to route transactions outside the EAC through PAPSS.
“I believe that this is the approach to take,” she said. “It’s not duplicating the regional payment system, but allows cross-regional payments for regions that already had regional payment systems.”
Rob Daly covers fintech and the economy. Contact him at rdaly@gfmag.com.
Earnings Call Insights: U.S. Bancorp (USB) Q3 2026
President, CEO & Chairman Gunjan Kedia said, “We delivered another strong quarter, highlighted by record net revenue of approximately $8 billion and diluted earnings per share of $1.34, up approximately 10% from a year ago.” She added, “Disciplined productivity drove 240
Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank.
