Macy’s managed to come out ahead of analyst expectations for the third time in a row during Q3 2018, with earnings and same-store sales all coming in front of earnings forecasts. Macy’s racked up earnings per share (EPS) of $.27 versus the $.14 expected and...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest loyalty idea from Uber, and Square’s payroll push. Walmart has a new delivery program, BigCommerce gets bigger in payment options and Google boosts enterprise analytics....
Square is enhancing its payroll platform for small and medium-sized businesses (SMBs) by integrating benefits solutions, the company announced on Wednesday (Nov. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The growth of the tech industry in China has seemed unstoppable, marked by consumers and gamers numbering in the hundreds of millions – and revenues in the billions of dollars’ worth. Get the Full Story Complete the form to unlock this article and enjoy...
Chase said Wednesday (Nov. 14) that it is rolling out tap-to-pay functionality across its Chase Visa card portfolio, an initiative that will begin late this year and extend into 2019. Chase, the consumer banking arm of JPMorgan Chase & Co., said the rollout will be...
Tandem Bank, the U.K. mobile bank, announced on Wednesday (Nov. 14) a new automatic savings service that will be powered by global payments platform Stripe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Mintos‘ €5 million Series A raise. In addition, Singapore’s CoinPip is rolling out a crypto-to-fiat service, and the U.K.’s Monzo is collaborating with PayPoint to enable users to make...
Within the next week or so, CVS’s planned acquisition of Aetna is expected to close, pairing the nation’s largest pharmacy chain and the nation’s fifth-largest health insurer under a single banner. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Online shopping is on a tear, and marketplaces are reaping the rewards. Some sites are seeing more active buyers and higher gross merchandise sales (GMS) as consumers look to buy all sorts of items from merchants and creators. Etsy, for instance, recently noted that active...
