13 September 2010

PNC defies recession with continued profitability

PNC defies recession with continued profitability jacksonville.com
Jacksonville-based FNDS3000 Corp., which markets prepaid cards in South Africa, said last week that its business is growing.
The company said in its fourth quarter, which ended Aug. 31, it closed with 23,700 prepaid cards issued and activated, up from 15,200 at the end of the third quarter. FNDS3000 also said the volume of cash loaded into its system rose by 140 percent in the quarter.