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Signature Bank Reports 2020 Fourth Quarter and Year-end Results

Press release content from Business Wire. The AP news staff was not involved in its creation.
Signature Bank Reports 2020 Fourth Quarter and Year-end Results
January 21, 2021 GMT
NEW YORK (BUSINESS WIRE) Jan 21, 2021
Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, today announced results for its fourth quarter ended December 31, 2020.
Net income for the 2020 fourth quarter was $173.0 million, or $3.26 diluted earnings per share, versus $147.6 million, or $2.76 diluted earnings per share, for the 2019 fourth quarter. The increase in net income for the 2020 fourth quarter, versus the comparable quarter last year, is primarily the result of an increase in net interest income, fueled by strong average deposit and loan growth. This is partially offset by an increase in the provision for credit losses of $25.8 million predominantly due to effects of COVID-19 on the U.S. economy. Pre-tax, pre-provision earnings were $261.5 million, repre ....

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GTX Corp Signs Collaboration Agreement with Pawtocol

Press release content from Globe Newswire. The AP news staff was not involved in its creation. ....

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ZW Data Action Technologies Invests in SaaS Software Operator Weiyouxin Technology

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
ZW Data Action Technologies Invests in SaaS Software Operator Weiyouxin Technology
ZW Data Action Technologies Inc.January 21, 2021 GMT
BEIJING, Jan. 21, 2021 (GLOBE NEWSWIRE) ZW Data Action Technologies, Inc. (Nasdaq: CNET) (“ZW Data” or the “Company”), an integrated online advertising, precision marketing, data analytics, and other value-added services company, today announced investment in private domain SaaS software operation service provider Weiyouxin Technology (“Weiyouxin”). More information can be found on the website: http://www.gd-weiyouxin.com/.
ZW Data and Weiyouxin strive to provide WeChat-based social CRM operating tools to empower large brand name merchants to build digital marketing platforms. As the pandemic continues to impact business operations and hit offline stores, digital marketing platforms provide solutions to corporations by attr ....

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ESET Survey Finds 70% of Americans are Shopping More Online Than Before the Pandemic, Yet Only 38% Feel Very Secure When Doing So

Press release content from PR Newswire. The AP news staff was not involved in its creation.
ESET Survey Finds 70% of Americans are Shopping More Online Than Before the Pandemic, Yet Only 38% Feel Very Secure When Doing So
January 21, 2021 GMT
SAN DIEGO, Jan. 21, 2021 /PRNewswire/ COVID-19 changed many consumers’ habits, particularly when it comes to being online. Nowhere was this more evident than the 2020 holiday shopping season, when online shopping increased 32.2% from the previous year. But with widespread deployment of a COVID-19 vaccine expected to happen over the next several months, will those habits change? And do users feel secure when they are online? ESET, a global leader in cybersecurity, asked these questions and more in a global survey released today. ....

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Tracker Capital Acquires Presage Security

Press release content from Business Wire. The AP news staff was not involved in its creation.
Tracker Capital Acquires Presage Security
January 20, 2021 GMT
NEW YORK (BUSINESS WIRE) Jan 20, 2021
Tracker Capital Management, LLC (“Tracker Capital”), a stage-agnostic venture capital investor that principally invests in emerging technologies, today announced that one of its affiliates has acquired controlling interest in Presage Security (“Presage”).
Based in Reston, Virginia, Presage is a recently established technology venture applying machine learning and advanced mathematical processing to the analysis of video imagery, with a wide range of emerging applications in healthcare, security, and authenticity verification.
“Tracker Capital’s investment and partnership will significantly enhance our ability to deliver innovative solutions to our customer base,” said Mark Oliver, Founder and Chief Executive Officer of Presage. “Tracker Capital brin ....

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