McDonald’s fell short of expectations in the final quarter of 2020. Revenue amounted to $5.31 billion, short of the $5.37 billion expected, while earnings per share were $1.70, eight cents short of the expected EPS, reported CNBC. Global sales fell 1.3 percent, U.S. comparable sales...
Today in B2B payments, PNC Bank acquires Tempus Technologies, and Currencycloud partners with OANDA. Plus, Mooncard bolsters business travel benefits, Check launches its payroll offering, and i2c debuts a string of card partnerships. Get the Full Story Complete the form to unlock this article and...
Walmart introduced an extended purview and name for its media business, which was previously called Walmart Media Group and is now known as Walmart Connect. The retailer said the new name reflects its capacity to strengthen the link between companies and its 150 million weekly...
Neiman Marcus Group (NMG) is making investments in its supply chain, technology, merchandising and personnel, which it says will transform the shopper experience at Bergdorf Goodman and Neiman Marcus, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Written on International Migrants Day, this contribution from Hikmet Ersek, president, CEO and director of Western Union, emphasizes the importance of global migrants in strengthening the world’s economy. “Whether a border is geographical, political, economic or technological, these women and men will not let it...
The complexities of corporate cash management — particularly across borders and currencies — means that a broad range of treasury and CFO functions are getting the high-tech, outsourced treatment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Adventuring to different markets worldwide, PYMNTS continues to document how the digital shift that caught fire in 2020 continues shaping spend trends and consumer sentiments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Digital assets are no longer a futuristic pipe dream in modern economy. With more emerging use cases and an increasingly accepting regulatory landscape, cryptocurrencies are gaining traction in new areas of the market, and corporate treasurers want in. Get the Full Story Complete the form...
When it comes to strengthening the B2B payment proposition, oftentimes, tackling friction for only one side of a transaction is no longer sufficient. As solution providers position innovative commercial payment solutions in the market, they’re increasingly having to benefit both buyers and suppliers. This week’s...
