NCR Voyix’s most recent results show that, in the wake of the division of NCR into two companies, demand for point-of-sale (POS) solutions in the retail and restaurant sectors remains robust. CEO David Wilkinson said on the conference call with analysts, “With the spinoff of the...
Healthcare’s digital transformation is increasing the emphasis on cost transparency and democratizing treatment access. And that’s good news for GoodRx, a consumer-focused digital healthcare platform that aims to lower the cost of healthcare in the United States. “We’ve locked in on creating value for consumers...
Marqeta’s latest results spotlight continued traction in card issuance, and the company is targeting embedded finance opportunities in the year ahead. The company noted that total processing volume was up 33% year over year in the fourth quarter to $62 billion. CEO Simon Khalaf said...
In the artificial intelligence (AI) race, some companies, and sectors, are starting on third base. That’s because companies operating in technologically sophisticated sectors with deep libraries of operating data frequently already have the infrastructure, the employee talent and resource allotment framework in place to leverage...
Squarespace announced its financial results for the fourth quarter of 2023 on Wednesday (Feb. 28), revealing a milestone: The company that helps individuals and businesses to build brands online surpassed $1 billion in revenue for the first time, marking a 17% growth for the year....
Demand for B2B and merchant services drove Payoneer’s volume growth in 2023. The small- to medium-sized business (SMB)-focused FinTech company’s B2B volume rose 13% and its merchant services volume leapt 400% in the fourth quarter compared to the same period a year earlier, company executives said...
French payments firm Worldline is projecting slower growth this year as European consumers reduce spending. “With a strong focus on the execution of the transformation plan in a macro environment, we expect to remain challenging in our main markets in Europe,” CEO Gilles Grapinet said during an earnings call Wednesday (Feb....
Consumers are forgoing big-ticket home projects, a fact that is cutting into Lowe’s revenue. The home improvement retailer released earnings Tuesday (Feb. 27) that showed sales for its most recent quarter dropping from $22.4 billion to $18.6 billion, “due to a slowdown in DIY demand and unfavorable January winter...
Years into consumers’ ongoing financial challenges, restaurant customers are still trading down from delivery to pickup, Domino’s observed. The pizza giant, which has more than 20,000 locations around the world, shared on a call with analysts Monday (Feb. 26) discussing its fourth-quarter and full-year 2023 financial...
