PayPal reported third-quarter results Wednesday that showed continued growth in peer-to-peer (P2P) transactions and customer engagement — and the firm passed a monthly billion-transaction milestone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Metro Bank Co-founder and Chairman Vernon Hill stepped down as chairman on Wednesday (Oct. 23) after the bank reported a net loss of £4.9 million ($6.3 million USD) for the third quarter. As the financial institution (FI) works on a plan to cut costs, CEO...
Zelle’s third-quarter results show that its year-over-year payment values increased by 58 percent, while transaction volume rose by 73 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Efforts to rebuild its Android app have paid off for Snapchat operator Snap, according to the company’s latest financial report, which was released late on Tuesday (Oct. 22). The company said its daily active user base reached 210 million in Q3 — that’s in comparison with 203 million...
Discover Financial Services posted third-quarter results that topped expectations on the heels of loan growth and payments volume. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Get ready for more digital drive-throughs in the world of quick-service restaurants (QSRs). That was one of the main messages on Tuesday (Oct. 22) in the Q3 2019 earnings report from Chipotle. The move stands as the latest evidence of the tech revolution taking place...
Card member spending, higher-net interest income and card fees combined to produce an 11 percent year-over-year revenue gain for the Global Consumer Services Group of American Express in the third quarter of 2019. Get the Full Story Complete the form to unlock this article and...
SunTrust Banks Inc. reported results on Thursday (Oct. 17) that surpassed revenue expectations but fell in line with analysts’ earnings estimates for the third quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
BB&T Corp., ahead of its planned buy of SunTrust banks, posted results that beat expectations and showed a slight decrease in non-performing assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
