Klarna is getting consumers to use it for more than pay-in-four, but the second quarter also showed what happens to transaction growth when discretionary spending slows in a major market. By the numbers, released on Tuesday (Aug. 18), gross merchandise volume rose 18% year over...
Global freight is becoming more digital, and it’s happening just in time for artificial intelligence. That, at least, was the backdrop for Freightos’ second-quarter 2026 results, released Monday (Aug. 17). Transactions on the company’s digital freight marketplace reached 458,000, up 15%, while gross booking value,...
Blockchain-native capital marketplace Figure Technology Solutions saw its Consumer Loan Marketplace volume leap 132% to $4.3 billion in the second quarter as both prospects and investors saw the benefits of this platform for capital, CEO Michael Tannenbaum said Thursday (Aug. 13) during an earnings call....
Adyen’s first-half results were driven heavily by merchants already on its platform sending it more payment volume, with in-person transactions growing faster than the company’s overall volume. At the same time, merchants are paying closer attention to loyalty as commerce moves across channels and artificial...
Paysafe added more consumers to its digital wallets in the second quarter, but those additional users did not lift overall wallet volume. According to a second-quarter earnings presentation Thursday (Aug. 13), three-month active consumers increased 8% from a year earlier to 7.8 million, the fifth...
For fast food companies, offering diners discounts on meals may no longer suffice. That’s according to a report Tuesday (Aug. 11) by Reuters, which said that recent quarterly earnings from these restaurant chains showed that the brands that performed the strongest were the ones that...
Simon Property Group, saw the results from its premium outlets and other destinations remain strong during the second quarter as the company tied into special events to highlight the unique offerings of physical retail, executives said during a Monday (Aug. 10) earnings call. “Shopper traffic...
Upwork’s second-quarter results, released after market close on Monday (Aug. 10) offered up a snapshot of which freelance jobs are surviving artificial intelligence (AI), which ones may not, and what businesses are willing to pay people to do instead. Earnings material from the company showed...
Rakuten Group achieved its first quarterly profit in six years in the second quarter as it saw revenue growth across its three segments: Internet Service, FinTech and Mobile, the company said in a Monday (Aug. 10) press release. The company’s achievement of a profitable quarter...