Shopify Beats Earnings Expectations; Shares Fall Regardless
Shopify Beats Earnings Expectations; Shares Fall Regardless
November 01, 2017  |  Retail

Shopify, a Canadian eCommerce company, beat earnings expectations this quarter, according to a quarterly earnings call. Despite that, company stocks dropped on Tuesday, likely because...

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Samsung Surges on Smartphone, Component Demand
Samsung Surges on Smartphone, Component Demand
November 01, 2017  |  Earnings

Samsung Electronics posted record earnings Monday (Oct. 30), driven by strong results in its components and mobile segments and as demand for smartphones heated up....

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Diebold Misses As Banks Push Out Big IT Projects
Diebold Misses As Banks Push Out Big IT Projects
November 01, 2017  |  Earnings

In the midst of an effort to become more of a software-focused company, ATM manufacturer and financial software firm Diebold Nixdorf posted results Tuesday (Oct....

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Citigroup Pockets $150M From Selling Hilton Hotel Card Deal To Amex
Citigroup Pockets $150M From Selling Hilton Hotel Card Deal To Amex
November 01, 2017  |  Partnerships / Acquisitions

Citigroup announced that it expects to record a $150 million pretax gain on the sale to American Express of a $1.2 billion credit card portfolio,...

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Amex Upgrades Online Authentication
Amex Upgrades Online Authentication
November 01, 2017  |  Authentication

American Express has announced SafeKey 2.0, the next generation of its online authentication tool, which provides an extra layer of security when a card member...

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Hilton Settles Data Breach Suit for $700,000
Hilton Settles Data Breach Suit for $700,000
November 01, 2017  |  Security & Fraud

The attorney general of New York announced a settlement with Hilton over the exposure of hundreds of thousands of credit card details, CNBC reported. The...

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House Financial Services Committee Chairman Won’t Seek Re-election
House Financial Services Committee Chairman Won’t Seek Re-election
November 01, 2017  |  Politics

Another member of the GOP has announced he won’t seek re-election in 2018. This time it’s Rep. Jeb Hensarling, who will retire from Congress at...

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U.S. Senators Grill Facebook Over Election Ads
U.S. Senators Grill Facebook Over Election Ads
November 01, 2017  |  Facebook

U.S. senators grilled Facebook’s chief lawyer this week on why the company did not catch 2016 election ads bought using Russian money, and why its...

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Orange Telecom Launches Online Banking
Orange Telecom Launches Online Banking
November 01, 2017  |  International

FinTechs aren’t the only ones giving traditional financial institutions (FIs) a run for their money. In France, a telecom giant is hoping to capture a...

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