Tag: December

Trust Stamp Provides a Business Report and Financial Results for the Year Ended December 31, 2023

Trust Stamp

Trust Stamp

Trust Stamp provides a report on its business and financial results for year ended December 31, 2023 and announces that its Form 10-K for year ended December 31, 2023 will be filed with the Securities and Exchange Commission on April 1, 2024

Atlanta, GA, March 27, 2024 (GLOBE NEWSWIRE) — Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity Company ™ providing AI-powered trust and identity services used globally across multiple sectors, announced financial results and provided a business update for year ended December 31, 2023.

Trust Stamp Chief Executive Officer, Gareth N. Genner commented, “I am pleased to report our progress for the year ended December 31, 2023.

The relationship with our long-term customers remains very strong and we anticipate continued long-term growth in the revenue derived from those relationships.

In respect of new customers, a significant number of additional financial institutions integrated with our Orchestration Layer both via our channel partnership and directly, bringing the total number of integrated institutions as at the date of our 10-K filing to 43 financial institutions representing a fivefold increase in our financial institution customer base since the start of 2023. We had forecast nominal revenue from those new customers in 2023 as the financial institutions integrate and roll-out both internally and eventually with their end-users, and we continue to anticipate recurring revenue from those integrations starting in 2024. We believe that the lengthy lead period from first engagement to significant revenue for integrating financial institutions will be rewarded by the consistency and longevity of the resulting revenue streams.

Our 2023 focus on US-based banks via our channel partnership with FIS has now been augmented by our participation in the acclaimed ThinkTech program operated by The Independent Community Bankers of America. This engagement has already resulted in tailoring some of our product

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Ellington Financial Announces Estimated Book Value Per Common Share as of December 31, 2023

OLD GREENWICH, Conn., February 07, 2024–(BUSINESS WIRE)–Ellington Financial Inc. (NYSE: EFC) (the “Company”) today announced its estimated book value per share of common stock of $13.83 as of December 31, 2023.

Cautionary Statement Regarding Forward-Looking Statements

Estimated book value per common share is subject to change upon completion of the Company’s month-end and quarter-end valuation procedures relating to its investment positions, and any such change could be material. There can be no assurance that the Company’s estimated book value per common share as of December 31, 2023 is indicative of what the Company’s results are likely to be for the three-month period or year ending December 31, 2023 or in future periods, and the Company undertakes no obligation to update or revise its estimated book value per common share prior to issuance of financial statements for such periods.

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve numerous risks and uncertainties. The Company’s actual results may differ from its beliefs, expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements are not historical in nature and can be identified by words such as “believe,” “expect,” “anticipate,” “estimate,” “project,” “plan,” “continue,” “intend,” “should,” “would,” “could,” “goal,” “objective,” “will,” “may,” “seek” or similar expressions or their negative forms, or by references to strategy, plans, or intentions. Forward-looking statements are based on our beliefs, assumptions and expectations of our future operations, business strategies, performance, financial condition, liquidity and prospects, taking into account information currently available to us. These beliefs, assumptions, and expectations are subject to risks and uncertainties and can change as a result of many possible events or factors, not all

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The Latest News, Headlines, and Business Stories for December 29

Happy Friday! If you’re figuring out New Year’s plans in New York City, I’ve got a deal for you. For a mere $450 you can ring in the new year in the heart of culture: the Times Square Olive Garden. That’s a steal compared to how much tickets cost at Applebee’s and Bubba Gump Shrimp Co.

In today’s big story, we’re looking at some of the top business stories from the past year.

What’s on deck: 

But first, back to business.


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Story of the day

Best of biz

Barbies

Mattel Inc.; Chelsea Jia Feng/Insider



2023 wasn’t exactly business as usual. 

An economy grappling with high interest rates and inflation meant plenty of businesses had to buckle down. Several major US companies made deep job cuts in the first half of the year.  

Employee-employer relations took center stage, as unions for auto workers, UPS drivers, and Hollywood writers and actors went on strike. A broader conversation about the efficacy of the 40-hour workweek — and ways to upend it to improve workers’ happiness — also took place. 

The ties between universities and businesses garnered attention in 2023 following Hamas’ attacks on Israel. Some executives’ anger over universities’ responses to the war highlighted the tension between Wall Street and the elite institutions. 

I asked Shona Ghosh, Business Insider’s deputy executive editor for business in the UK, for five of the top stories from her team. Check them out below, along with some thoughts from Shona about what made them stand out.

MediaMath Chairman and CEO Joe Zawadzki on dark blue background surrounded by glitchy graphic elements

Andrew Toth/Getty Images; Alyssa Powell/Insider



MediaMath seemed destined for a $1B fairy-tale exit. Instead, most early investors got nothing.

Lara O’Reilly reported deeply on the decline of MediaMath, an adtech giant that seemed destined to make its investors, employees, and founders rich with

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Today’s news: Trending business stories for December 19, 2023

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Loblaw’s Galen Weston accused of inaccurate claim over grocery code

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Today’s news: Trending business stories for December 22, 2023

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Today’s news: Trending business stories for December 18, 2023

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Gildan’s ousted CEO denies giving M&A ultimatum to directors

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Today’s news: Trending business stories for December 20, 2023

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Metro accuses Loblaw of falsely implicating it

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Today’s news: Trending business stories for December 21, 2023

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New BlackBerry CEO cutting costs as company reports $21-million loss

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16 Best Business Credit Cards in Canada for December 2023

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own.

Whether you’re seeking a business credit card for frequent flyers, a basic, no-fee option or something in between, there’s a lot to consider. To speed up the selection process — you do have a business to run, after all — we evaluated more than 40 business credit cards in Canada and chose ones that provide the most value across multiple categories.

Jump to




Best business credit cards in Canada

Best overall business credit card

American Express® Business Edge™ Card

American Express® Business Edge™ Card
  • Annual Fee

  • Interest Rates

  • Rewards Rate

  • Intro Offer

Why we like it

There’s a lot of value packed into the American Express Business Edge Card: a manageable annual fee, impressive earn rates on common business purchases, and a wide range of perks and special offers, such as business and expense management tools and payment flexibility.

Pros

  • The generous welcome offer and 1,000-point monthly spend bonus should be attainable for many businesses.
  • A healthy earn rate on several everyday business purchases, like office supplies, electronics and gas.
  • Ability to add up to 99 supplementary cards — and up to $100,000 in coverage in case of employee misuse.

Cons

  • Not all retailers accept American Express.
  • Because of the relatively low spending limits associated with the 10x and 3x earn rates,
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Today’s news: Trending business stories for December 13, 2023

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5:45 p.m.

Enbridge to sell Alliance, Aux Sable stakes to Pembina for $3.1 billion

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