Cross border volumes boost card network earnings, BofA brings PayPal to business customers, Urban FT acquires Digiliti. | | 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 giantâs ability to crank out blockbuster hits year after year. |
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 Mastercardâs 4Q results. With double-digit cross-border and digital strategy intact, Mastercard looks for more of the same this year â and even gives a nod (of sorts) to cryptocurrencies. |
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. |
| Contactless Payments | The Future Of Banking Comes To Sundayâs Big Game What do you do when one million-plus people descend on a city in the space of a single week â 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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