Cross border volumes boost card network earnings, BofA brings PayPal to business customers, Urban FT acquires Digiliti.

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February 2, 2018

Apple Earnings

Apple Revenue Soars, Device Sales Drop

Apple delivered higher than expected revenues last quarter, but iPhone sales fell short of expectations and guidance for next quarter reflects slowing demand for its flagship phone, the iPhone X. CEO Tim Cook remains positive, but analysts seem concerned about the tech giant’s ability to crank out blockbuster hits year after year.

 

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Mastercard Earnings

Mastercard Tops 20174Q Views on Robust Cross-Border Transactions

Holiday spend was up, and the U.S. consumer is confident, but it was the international stage that dominated Mastercard’s 4Q results. With double-digit cross-border and digital strategy intact, Mastercard looks for more of the same this year — and even gives a nod (of sorts) to cryptocurrencies.

 

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Visa Earnings

Visa 1Q Where It Wants To Be On Holiday, eCommerce Spend

Visa's fiscal Q1 topped the Street on the top line as consumers spent (and spent) during the holiday season. And they did so, notably, online. Cross-border volumes were up nicely, as well, as management eyes opportunities in Europe and India.

 

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Contactless Payments

The Future Of Banking Comes To Sunday’s Big Game

What do you do when one million-plus people descend on a city in the space of a single week — all to celebrate The Big Game? You show them the future of banking, of course. The Possibilities Lounge, a U.S Bank and Diebold Nixdorf collaboration, has set up shop next door to U.S. Bank Stadium to show fans the power of new contactless technology and how the dots are connected between banking and commerce. In a recent interview with Karen Webster, Bill Acheson, vice president and general manager at Diebold Nixdorf, shared what awaits those fans.

 

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What's Hot


Amazon To Double Down On Alexa, Prime Membership Benefits


Alphabet Misses But Google Assistant Gets Updates


Urban FT Acquires Digiliti


BofA Brings PayPal To Business Clients


Payments Ecosystem Readies For Visa’s New Chargeback Rules


Mexico Regulators 'Looking Into' eCommerce ‘Monopolies’


Mastercard Wins Bass Pro Shops, Cabela’s Co-Branded Business


Starbucks, Visa/Chase Team On Co-Branded Rewards Card


Ant Financial Stake Helps Alibaba Beat The Street


Bitcoin Daily: Ripple, Bitcoin Crash, Cybercrooks Love Their Crypto


Best of Yesterday 


PayPal’s Profit Jumps, eBay Move Induces Investor Separation Anxiety


Visa: Innovation At The Core Drives LATAM B2B Transformation


 

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