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The card processor came up short on expected profits but hit analysts' estimates on revenue in the second quarter of its fiscal 2025. CEO Ryan McInerney said growth in payments volume, cross-border volume and processed transactions were strong even in the face of shaky economic conditions.
38m ago -
Super apps such as AliPay and WeChat Pay have carved out immense market share by enticing users as a one-stop shop for their payment, shopping and social needs in a model that many U.S.-based companies have tried to replicate. But what makes a super app successful, and how easy are they to launch?
7h ago -
During the payment company's earnings call, CEO Alex Chriss said "we can be a place to come in times of need."
7h ago -
Rob Abrams, CEO of J.P. Morgan Mobility Payments Solutions, is overseeing the development of in-car wallet systems that turn cars into rolling credit cards. He explains his vision of what connected cars could look like and do in the future.
9h ago -
Supply-chain woes, inflation and skittish travelers are just a few of the tariff-driven factors pressuring PayPal, Visa and Mastercard during upcoming earnings calls.
April 28 -
As the president's policy changes on a dime, machine learning can quickly alter strategies for compliance, payments and supply-chain management.
April 28 -
Even with its IPO on ice, the Swedish buy now/pay later lender is building a base of high-profile distribution partners.
April 25 -
The credit card issuer trimmed its outlook on revenue and average loan growth, but maintained its target for net loss rates against the backdrop of an otherwise solid quarter. The company also announced a new co-branded credit card with Crypto.com.
April 24 -
The USDC issuer is trying to connect financial institutions across borders for instant settlement, an industry goal that has proven elusive.
April 24 -
A federal judge in California blocked rules requiring disclosures for payments near the Mexico border; Stripe has added more products as it bolsters investments in Asia; and more in the weekly global roundup.
April 23