Restaurants and retail landlords reported a mixed bag of first-quarter earnings results on Wednesday (May 2), beating analysts’ expectations in some cases and falling short at times. Looking forward to digital and retail transformations, companies such as Yum! Brands are optimistic about the future. Get...
Summer bodies — as the adage goes — are made in winter. This is a truism that most people know on some level when they are signing up en masse for gym memberships in early January, but have completely forgotten by the time mid-February rolls around....
Cross-border small business payments company Veem is partnering with America’s Credit Union (ACU) to expand its reach to small business (SMB) customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Payroll service provider Paychex is introducing a new subscription service aimed at enabling small businesses to ensure payroll is completed on time without the risk of bank account overdraft or insufficient fund charges. Get the Full Story Complete the form to unlock this article and...
Tax reform played a key role for several corporate successes in the first quarter of 2018. Most recently, Verizon, Freddie Mac and Publix all attributed the regulatory initiative to strong first-quarter performance, while TD Bank research published in March also found corporate treasurers to be...
In the latest accounting scandal to hit a major global corporation, Samsung’s biotech unit, Samsung BioLogics, suffered a $6 billion market value loss on Wednesday (May 2) after South Korea’s financial regulator revealed evidence the company violated accounting rules, according to Reuters reports. Get the...
Large banks in the U.S. are facing increasing competitive risks that threaten their position with small business (SMB) customers, according to new analysis from FIS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Lyft made progress over its rival Uber this year when corporate travel and expense management firm Certify released data that found a 9 percent increase in the percentage of Lyft ride-hailing trips expensed on its platform. Get the Full Story Complete the form to unlock...
After bringing in $1.7 billion from private investors, messaging app Telegram has called off its public initial coin offering (ICO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
