Marqeta’s second-quarter earnings call Tuesday (Aug. 4) highlighted embedded finance, multinational issuing, stablecoins and commercial payments as the company’s primary strategic growth initiatives, even as overall growth is expected to moderate in the second half. Get the Full Story Complete the form to unlock this...
Generative artificial intelligence (AI) can recommend a hotel, assemble an itinerary or suggest a cheaper travel date. It cannot independently guarantee inventory, calculate cancellation terms, authenticate a customer, manage currency conversion or settle funds with multiple suppliers. Get the Full Story Complete the form to...
McDonald’s says an attempt to lure budget-conscious consumers backfired in its latest quarter. 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 our daily newsletter, PYMNTS Today....
The artificial intelligence infrastructure boom helped construction equipment and engine manufacturer Caterpillar surpass $20 billion in sales and revenues in a single quarter for the first time in the company’s history. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
FIS management spent much of Tuesday morning (Aug. 4) talking about banking, issuing and payments growth. 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 our daily...
Bill payment solution provider Paymentus posted record revenue in the second quarter as service providers sought to secure customer loyalty by providing a satisfying billing experience, Paymentus Founder and CEO Dushyant Sharma said during a Monday (Aug. 3) earnings call. Get the Full Story Complete...
Global hospitality company Marriott International accelerated the deployment of artificial intelligence (AI) solutions for customers of its properties and its travel platform during the second quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Automotive retailer AutoNation has found that the industry and consumers are “in good shape,” despite declines in sales volume and profit that the company saw in the second quarter, AutoNation CEO Michael Manley said during a Friday (July 31) earnings call. Get the Full Story...
Western Union is sharpening its focus on digital and artificial intelligence as it faces unexpected headwinds, executives said Thursday (July 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...