MoneyGram shares were pummeled in intraday trading on the heels of reporting results that lagged expectations and showed the lingering impact of an ongoing restructuring plan aimed at improving compliance efforts and boosting digital transactions. In terms of headline numbers, the company’s adjusted earnings of...
Western Union missed Wall Street estimates on the top and bottom lines amid currency headwinds and some weakness in a few international payment corridors — but logged double-digit growth in its digital business as the money transfer company saw traction with westernunion.com. Get the Full...
For MercadoLibre, the Argentine eCommerce firm incorporated in the United States, with platforms such as the eponymous mercadolibre.com, there has been payoff in payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Bottomline Technologies on Thursday (May 2) posted a 12 percent year-over-year gain in subscription and transaction revenue for the payment services provider’s fiscal third quarter 2019, which ended March 31. Those revenues hit $75.5 million, according to Bottomline’s latest financial release. Get the Full Story Complete...
OnDeck Capital’s shares skidded into the close of a trading day that saw shares down as much as 16 percent, tumbling in the wake of guidance reflecting tighter lending standards amid worsening credit metrics. Get the Full Story Complete the form to unlock this article...
The Street focused on estimates and guidance, sending shares down when Square announced results for the fiscal second quarter. Drilling down into results, though, the firm found continued traction with larger sellers at 51 percent of GPV, while the firm’s Cash App showed triple-digital gains.
Apple’s shares jumped in trading on Wednesday (May 1) on the back of a strong showing for its second quarter, setting the stage for another push above the $1 trillion market capitalization. It’s a milestone Apple briefly hit in August, only to see its stock...
Yum! Brands keeps rolling out delivery and technology for its quick service restaurant (QSR) brands, but that didn’t save it from disappointing investors early Wednesday (May 1) when it released its financial results for the first quarter of 2019. Get the Full Story Complete the...
Mastercard’s results continued a string of double-digit gains in transaction count, growth in card count and, of particular note, continued traction in cross-border activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
