中信银行南昌洪城支行主动走进企业、学校开展服务与宣传，深入周边网格社区，走访个体商户，旨在 提高公众对减费让利政策的认知度。为确保减费让利政策不打折扣、落实到位，该行建立"宣传-执行- 监督"闭环机制：一方面，在营业网点公示减费让利项目及标准，设立意见簿，主动接受金融消费者监 督；另一方面，定期开展内部培训与自查，重点核查手续费减免是否精准执行、退费是否及时到账等。 中信银行南昌洪城支行将持续落实减费政策各项措施，创新宣传服务形式，让更多经营主体享受到实实 在在的金融优惠。（辛倩） 编辑：赵鼎 转自：新华财经 为切实降低经营主体的经营成本，助力实体经济发展，中信银行南昌洪城支行以"支付降费 让利于 民"为目标，全面开展减费让利专项宣传活动，通过政策精准落地、服务主动上门、权益清晰告知，让 降费红利直达小微企业、个体工商户及广大人民群众，以金融担当为实体经济发展注入"暖动能"。 针对部分经营主体对减费政策不熟悉、不清楚的问题，南昌洪城支行将各项减免措施"打包整合"，形成 通俗易懂的减费让利宣传折页和服务价目表。其中包含但不限于：取消支票工本费、挂失费，免收单位 结算账户管理费和年费，降低对公跨行转账汇款手续费， ...

Group 1 - The article discusses the development of a unique bill system in revolutionary bases during the Anti-Japanese War, which provided financial support for material supply and economic stability under extreme conditions [1] - The war economy faced severe challenges due to Japanese economic blockades, leading to a need for reliable alternative payment tools as traditional financial systems collapsed [2] - The bill system became a key method to alleviate cash shortages and maintain economic operations, with various types of bills playing critical roles in trade, financial stability, and production support [3][4][5] Group 2 - The article highlights the importance of institutional innovation in the bill system, which aimed to break economic blockades and ensure the supply of essential goods while managing foreign exchange resources [6][7] - Historical experiences from the Anti-Japanese War indicate that financial innovation must be rooted in the real economy and serve the needs of the people [8] - The article emphasizes the need for a robust regulatory framework and credit mechanisms to support the healthy development of the bill market in the current economic context [10][11][12] Group 3 - The article suggests that the cultural aspect of bill usage, emphasizing integrity and trust, played a significant role in the economic development of revolutionary bases [13] - It calls for the promotion of bill culture and the establishment of a sound market ecology to enhance public awareness and acceptance of bills [13] - The article advocates for financial innovation that aligns with national development strategies, particularly in supporting small and medium-sized enterprises and enhancing consumption [14][15][16]

Financial Data and Key Metrics Changes - Total revenue for Q1 2025 was just over $536 million, up 1.4% on a comparable adjusted basis year over year [9][18] - Comparable adjusted EBITDA for the quarter was just over $100 million, increasing nearly 3.5% from 2024 [10][19] - Comparable adjusted EPS finished at $0.75, reflecting just over 4% expansion versus the prior year [10][20] - Net debt levels decreased to $1.46 billion, down approximately $80 million from the previous year [28] Business Line Data and Key Metrics Changes - Payments and Data segments grew by a blended rate just above 8.5%, with the Data segment revenue growing 29% year over year [11][24] - Merchant Services revenue grew by 1.3% year over year to $97.8 million, with adjusted EBITDA remaining flat at $21.4 million [20] - B2B segment revenues increased by 1.2% to $70.2 million, with adjusted EBITDA dollars remaining flat at $13.3 million [22] - Print segment revenue declined by 4% year over year to $291.3 million, with legacy check revenues declining by 1.8% [26] Market Data and Key Metrics Changes - The revenue mix shifted towards payments and data offerings, with the ratio of print to payments and data segments changing from 57:43 to 54:46 year over year [11] - The company continues to monitor macroeconomic trends and consumer sentiment for potential impacts on revenue [6][32] Company Strategy and Development Direction - The company is focused on executing its North Star strategy, which emphasizes accelerating free cash flow and profit growth [5][14] - The management is maintaining overall guidance ranges for 2025 despite macroeconomic uncertainties [9][32] - New partnerships, such as with TownBank, are seen as opportunities to expand market reach and improve service delivery [38][66] Management's Comments on Operating Environment and Future Outlook - Management acknowledged extraordinary volatility and macroeconomic uncertainty but emphasized control over internal execution [5][6] - The company expects continued strong performance in the Data segment and is optimistic about future growth despite potential challenges in the Print segment [24][32] Other Important Information - The company reported a free cash flow of $24.3 million for the quarter, improving by $18.1 million from the previous year [29] - The Board approved a regular quarterly dividend of $0.30 per share, payable on June 2, 2025 [31] Q&A Session Summary Question: Insights on the Merchant Business - Management noted that the Merchant business continues to perform well across various market conditions, with strength in government and not-for-profit sectors [34][35] Question: Strategic Changes with New Leadership - Management expressed confidence in the new leadership and highlighted a focus on improving partnership relationships and expanding distribution channels [36][38] Question: Segment Modeling and Performance - Management indicated that the Data segment had a strong quarter but does not expect to maintain a 29% growth rate, projecting upper single digits to low double digits for the full year [44] Question: Impact of Government Check Phasing Out - Management clarified that the federal government is not a customer and does not expect significant impact from the phasing out of physical checks [54][56] Question: Observations on Tariffs and Spending - Management noted minimal evidence of consumer pull forward in spending related to tariffs, emphasizing that their revenue is transaction-based [58][59] Question: Potential Catalysts for Partnerships - Management highlighted the company's strong brand and relationships in the banking sector as key advantages for driving new partnerships [66][70]