| Visa reports 11 percent volume growth, Stripe hits $22B in market value, PayPal misses Q4 | | | Visa Beats Street On 11 Pct Payments Volume Growth Factors such as the government shutdown, Brexit and a trade war all weighed slightly on Visaâs fiscal first quarter, but the company still managed to put up numbers that showed debit transactions were up double digits. Meanwhile, management noted that eCommerce growth remains robust, and B2B remains a key strategic focus moving forward. |
| PayPalâs Hit And Miss For Q4 PayPal announced four consecutive quarters of earnings beats in 2018 â but its first revenue miss in three years, coupled with a disappointing Q1 outlook, sent its stock tumbling after hours. CEO Dan Schulman highlights the growth in active users and total P2P payments volume that handily topped that of Zelleâs. Hereâs the breakdown. |
| Podcast: Artificial Intelligence |
| Databases Donât Store Intelligence â Getting Past AI Misconceptions Financial institutions (FIs) are taking a closer look at artificial intelligence (AI), but the road to true AI is paved with misconceptions about what it takes to get it. In a new PYMNTS podcast, Karen Webster talks with Brighterion CEO Akli Adjaoute about the four areas where FIs need a knowledge reset. |
| | Digital Banking Tracker™ | | Why Banksâ Immune Systems Need Both AI And Human Boosts What good is an AI-powered insight if core banking systems do not know how to act on it in real time? In the new Digital Banking Tracker, Jeremy Balkin, HSBCâs head of innovation, explains how a combination of AI and human insights can boost a bankâs âinternal immune system.â |
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