Paysafe shares sank Thursday (Nov. 13) on the heels of third-quarter earnings results. Although eCommerce growth was in the double digits, it moderated somewhat. Digital wallets and other product roadmaps also faced headwinds, tempering forward guidance. CEO Bruce Lowthers told analysts during a conference call...
Stablecoins are trying to shed their reputation as a paradox in the payments space. Stablecoins are technologically elegant yet commercially precarious, and they are plagued by questions about their utility. However, their long-term architectural ambitions are becoming harder to ignore in traditional finance, particularly when...
Despite ongoing industry challenges, FedEx Corp told stakeholders and analysts that it has reason to be optimistic going into the holidays — it’s peak shipping season. On Tuesday (Nov. 11) at the Baird 55th Annual Global Industrial Conference, the global express delivery service provider projected...
The RealReal reported third-quarter results on Monday (Nov. 10) showing stronger sales and improved efficiency as the luxury resale market continues to attract cost-conscious consumers. Gross merchandise value (GMV) increased 20% to $520 million compared to the same period in 2024, and revenue rose 17%...
Green Dot entered the final stretch of 2025 with renewed momentum in its B2B and embedded finance operations, posting a 21% year-over-year increase in revenue for the third quarter. Management pointed to banking-as-a-service (BaaS) business and new money movement partnerships that highlight embedded finance. Interim...
The appetite for digital grocery shopping continues to grow. Instacart reported third-quarter 2025 earnings results Monday (Nov. 10) that showed strong gains in orders and transaction volumes, highlighting the durability of its delivery model and its evolving role as a technology partner for the grocery...
Two senators are reportedly seeking information from Fiserv about the role former Chairman and CEO Frank Bisignano played in the company’s financial forecasts. The request was made a week after Fiserv cut its guidance and reported third quarter results that were below expectations, and the...
McDonald’s reportedly urged restaurant operators to remain focused on value in a drive to reverse declining guest counts. In a memo to operators delivered after the company’s third quarter earnings report, McDonald’s U.S. President Joe Erlinger said the brand’s focus on value over the past...
BILL’s new artificial intelligence agents are already delivering quantifiable results for small and medium-sized businesses, executives said Thursday (Nov. 6) during an earnings call. The intelligent finance platform debuted its first AI agents on Oct. 28, saying they will autonomously collect and validate W-9s, reconcile...