Higher B2B Payments Volumes, More SaaS Accounts Boost WEX Despite Overall Lower 3Q
Higher B2B Payments Volumes, More SaaS Accounts Boost WEX Despite Overall Lower 3Q
October 29, 2020  |  Earnings

FinTech WEX lost $57.7 million, or $1.49 a share, on revenue of $382.1 million for the three months ended Sept. 30, compared with posting a...

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Western Union’s Remittances And Digitization Drive Positive Outlook For Q4
Western Union’s Remittances And Digitization Drive Positive Outlook For Q4
October 29, 2020  |  Earnings

Consumer behavior drove Western Union‘s positive third quarter earnings results, announced Thursday (Oct. 29), with cross-border principal up by 8 percent for the quarter. Get...

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Citi’s Naveed Sultan To Lead Bank’s Global Digitization Charge
Citi’s Naveed Sultan To Lead Bank’s Global Digitization Charge
October 29, 2020  |  Personnel

Veteran Citi executive Naveed Sultan will lead the financial giant’s efforts to advise governments and other clients on digitization in a new role as chairman...

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Bitcoin Daily: Bank Of Canada Chief Says Digital Currency Needs Global Approach; Ripple Eyes Blockchain Firm MoneyTap
Bitcoin Daily: Bank Of Canada Chief Says Digital Currency Needs Global Approach; Ripple Eyes Blockchain...
October 29, 2020  |  Bitcoin

The Bank of Canada is progressing in its plans for a national digital currency, moving past proof of concepts to “executable” plans, according to Reuters....

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What To Make Of The Gradual Return Of The In-Office Workforce
What To Make Of The Gradual Return Of The In-Office Workforce
October 29, 2020  |  Coronavirus

Anecdotally speaking, the physical world of work is feeling like a pretty lonely place these days. Get the Full Story Complete the form to unlock...

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World Bank Sees Remittance Flows Shrink Amid Pandemic
World Bank Sees Remittance Flows Shrink Amid Pandemic
October 29, 2020  |  Global Payments

The pandemic is affecting the amount of money migrant workers can send home, with remittances projected to drop 7 percent this year to $508 billion...

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COVID Case Spike Adds Fuel To Digital-First Economy
COVID Case Spike Adds Fuel To Digital-First Economy
October 29, 2020  |  Coronavirus

COVID-19 is unfortunately seeing a new wave of infections. Outside of the health concerns and personal toll the disease is taking, the new developments are...

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Pleo Launches Expense Management Tool Pleo Pocket
Pleo Launches Expense Management Tool Pleo Pocket
October 29, 2020  |  B2B Payments

Pleo is offering new services bundled under the brand Pleo Pocket that will make it easier for businesses to centralize financial information, according to a...

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Walmart Chile Sued By Association Of Suppliers
Walmart Chile Sued By Association Of Suppliers
October 29, 2020  |  B2B Payments

The Chilean unit of Walmart Inc. has been sued in Chile by suppliers alleging anti-competitive practices, Reuters reported. Get the Full Story Complete the form...

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