Business

Ways Fleet Accident and Safety Management Are Changing

Published

5 years ago

September 15, 2020

Running a fleet business tends to have its challenges. If you can do everything right as a manager, then the business is most likely to succeed. The safety of the drivers and other road users has and will always be a priority for all fleet companies. Since they utilize roads, accidents tend to happen. Although some may be unavoidable, most tend to be because of human error or faultiness of the vehicle. Since road accidents may cause a lot of losses and may be fatal and lead to death, fleet companies have been coming up with ways to prevent them and ensure the safety of the drivers while on the job.

Monitoring

Fleet companies are using various forms of monitoring technology when managing their fleets. Finding what a driver is doing while on the job was not that easy some time back, especially fleet businesses that had many vehicles. As of now, there are various monitoring technologies like GPS and video surveillance. Drivers undergo lessons on safety while on the road, and this has been happening for quite a long time now. Though these lessons are crucial, it is not assured that each driver is going to follow all of them behind the wheel. Many still continue with some bad driving habits.

With monitoring technology being used these days, fleet managers can track and view each vehicle at any time. This has ensured that drivers refrain from habits that may undermine safety on the road and lead to accidents. Since automobiles can be tracked, they can be recovered in case of accidents or if they are stolen. Maintenance of the vehicles has also been improved with managers being reminded of maintaining fleet vehicles after given periods by getting alerts on their devices. Companies like Eyeride LLC are offering fleet management solutions by utilizing the latest technology.

Analytics

As time progresses, technology has been rapidly developing. At the moment, many things are possible because of the technology we have. The analytics that was done by fleet companies were focused on the cost of owning and using different vehicles. They could not access a lot of reliable data because of the technology available at the time. In matters of safety, business used to look at the available records of drivers before hiring them. Though this may have come in handy back then, it did not ensure complete safety while on the road.

Today’s technology enables businesses to access a large amount of data online. Fleet companies are utilizing the data they get to analyze the best ways to promote safety and manage accidents. Fleet businesses can find ways that are effective in the prevention of accidents compared to the past. Managers can identify areas that accidents are likely to happen and what should be done by the driver.

Conclusion

The number of accidents has dropped significantly because of advances in technology. Vehicles these days come with several safety features. Fleet safety and management are currently still evolving. For your fleet business to succeed, you should utilize the latest technology.

Business

Black Banx Group — Third Quarter 2025 Results

Published

2 days ago

November 3, 2025

Matthew Wiles

FOR IMMEDIATE RELEASE · Road Town, British Virgin Islands · October 30 2025

Black Banx reports USD 4.3 billion revenue and USD 1.6 billion pre-tax profit in third quarter 2025

Black Banx Group today announced its results for the third quarter ended 30 September 2025, delivering strong performance with further progress toward its full-year targets.

Key figures for Q3 2025:

Revenue: USD 4.3 billion
Profit before tax (PBT): USD 1.6 billion
Cost-to-income ratio: ≈ 62%
Customer base (period-end): ~92 million clients

YTD (first nine months) results: Revenue USD 12.7 billion, PBT USD 4.7 billion, positioning the Group on track toward its full-year ambitions of ~USD 17 billion revenue and ~USD 6.4 billion PBT.

“Our Q3 results reaffirm the scalability and resilience of our platform,” said Michael Gastauer, Group CEO. “By continuing to scale our client base, deepen engagement, and drive operational efficiencies, we maintain momentum toward our 100 million-customer milestone and full-year ambitions.”

Daniel Dumitrascu, Group CFO, added: “We are pleased to demonstrate sequential improvement in our cost/income ratio despite ongoing investment in growth markets. With the first nine months delivered, our Q4 plan is well calibrated to close the year strongly.”

Business highlights:

Net customer adds of approximately 8 million during Q3, bringing the total client count to ~92 million as of 30 September 2025. On pace for the 100 million-customer target by year-end.
Continued growth across emerging markets, driven by expansion efforts in Africa, South Asia and Latin America.
Strong transaction volumes across cross-border payments and cryptocurrency-adjacent services, contributing to top-line resilience.
Ongoing initiatives to optimise operations and automate processes delivered a sequential improvement in cost/income ratio to ~62% from ~64% in Q2.
Strategic investments sustained in growth markets while preserving profitability and shareholder value.

Outlook:

With three quarters behind it, Black Banx remains aligned with its 2025 full-year targets of approximately USD 17 billion in revenue and ~USD 6.4 billion in pre-tax profit. The company anticipates a seasonally stronger Q4 performance, underpinned by ongoing global client acquisition and further monetisation of its platform.

About Black Banx Group:

Black Banx Group is a global digital banking and fintech platform serving tens of millions of private and business clients across more than 180 countries. The Group offers seamless, borderless banking services, including multi-currency accounts, cross-border payments and cryptocurrency-compatible solutions. Headquartered in the British Virgin Islands, Black Banx is dedicated to innovation, financial inclusion and delivering value to its stakeholders.

Media Contact:

Black Banx Media Relations
Email: [email protected]

Forward-looking statements: This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the Group’s business strategy, financial prospects, targets and trajectory. Actual results may differ materially from those anticipated.