US Labor Costs Rose Almost 3 Pct In Last Year
US Labor Costs Rose Almost 3 Pct In Last Year
July 30, 2021  |  Economy

The Employment Cost Index (ECI) rose 0.7 percent last quarter, following a 0.9 percent increase in the first three months of 2021, per a Friday...

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MoneyGram Mum On Takeover Talk; Touts Q2 Digital Growth
MoneyGram Mum On Takeover Talk; Touts Q2 Digital Growth
July 30, 2021  |  Earnings

Global money transfer firm MoneyGram posted second-quarter results with total revenue of $329.3 million, a sign that its digital-first efforts paid off as online transactions...

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HSBC Appoints Kohli To Lead Global Liquidity And Cash Management
HSBC Appoints Kohli To Lead Global Liquidity And Cash Management
July 30, 2021  |  Personnel

HSBC has appointed Manish Kohli to serve as its new Head of Global Liquidity and Cash Management (GLCM). He will join the bank in the fourth...

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Google Founders Stepping Back More With $1B Stock Selloff
Google Founders Stepping Back More With $1B Stock Selloff
July 30, 2021  |  Google

Two of the world’s richest people got a little bit richer in the last few months when Google founders Larry Page and Sergey Brin sold...

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Today In Payments: Crypto Tax Laws Included In Infrastructure Bill; Amazon Sees Decelerating Sales
Today In Payments: Crypto Tax Laws Included In Infrastructure Bill; Amazon Sees Decelerating Sales
July 30, 2021  |  News

In today’s top news, the Senate’s infrastructure bill includes cryptocurrency tax laws, and Amazon missed sales projections in its earnings report. Plus, Mastercard’s second-quarter earnings...

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Today In Retail: Amazon’s Disappointment Could Be Walmart’s Advantage; Carter’s Gets Bump From Enhanced Tax Credit
Today In Retail: Amazon’s Disappointment Could Be Walmart’s Advantage; Carter’s Gets Bump From Enhanced Tax...
July 30, 2021  |  Retail

In today’s top retail news, Amazon misses analysts’ sales expectations amid consumers’ return to pre-pandemic patterns, while children’s apparel retailer Carter’s says the federal government’s...

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Now Fully Loyalty-Enabled, RBI Sees Digital Sales Soar
Now Fully Loyalty-Enabled, RBI Sees Digital Sales Soar
July 30, 2021  |  Earnings

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Open Banking, Restaurant Rewards, Social Commerce Top This Week’s News
Open Banking, Restaurant Rewards, Social Commerce Top This Week’s News
July 30, 2021  |  The Weekender

In this week’s news, we saw Lloyds Bank is teaming up with Mastercard to launch PayFrom Bank. Also, new insights have emerged on social commerce...

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Lloyds Plans To Buy Embark Group for $542M
Lloyds Plans To Buy Embark Group for $542M
July 30, 2021  |  Partnerships / Acquisitions

Lloyds Banking Group is hoping to boost its status in the investment and retirement sector with its £390 million ($542 million) acquisition of Embark Group....

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