News

IPO
First Data: One Year After The IPO
October 17, 2016

First Data went public — for the second time — on October 15, 2016. Karen Webster thought it would be fun to catch up with Frank Bisignano, First Data’s CEO, to get his perspective on the first year in the glare of the public market...

B2B Payments
SciQuest Accelerates Procurement Savings
October 17, 2016

Spend management firm SciQuest is partnering with Denali, a provider of procurement solutions, to accelerate the ability of procurement companies to realize savings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

News
Blowin’ In The Wind, Bob Dylan And Your Weekend Payments Primer
October 15, 2016

Most of the time when the Nobel Prize for Literature is announced, the typical reaction is “wait, who is that?” 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...

News
Thinning the Unicorn Herd?
October 14, 2016

Things were somewhat quiet among the unicorns until a spate of news that hit late in the week, including top down data that shows real waning of enthusiasm among the private firms that fill the coffers of these upstart enterprises. Get the Full Story Complete...

News
Citi Beats, Sees Card Growth on Costco Deal
October 14, 2016

Among the trio of large banks reporting earnings on Friday — which, individually, bested earnings estimates — Citigroup posted its gains on reboot to trading revenues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

South Asia
Alternative Financing A Haven For India’s Unbanked
October 14, 2016

A trend of bad loans over recent years has tightened up the lending requirements of nationalized banks in India. Young Indians, those without good credit and the unbanked are increasingly turning to alternative lending startups to meet their financing needs, and India is now ranked...

News
JPMorgan Tops the Street, Top Line Boosted by Consumer Cards and Loans
October 14, 2016

JPMorgan’s results for the third quarter were above expectations, buoyed by consumer loan growth.  The firm’s $1.58 a share topped the Street by 19 pennies.  Investors seemingly focused on the top line, where revenues of $25.5 billion were better than the $24 billion that had...

Partnerships / Acquisitions
Can Verizon Abandon Yahoo? Experts Say Not
October 14, 2016

Verizon is threatening to invoke the “material adverse clause” and to walk away from its offer to buy Yahoo in light of Yahoo’s 2014 hacking scandal. Experts say that no U.S. company has successfully used the clause to extract itself from an agreement. Will Verizon...

News
For Wells Fargo, A Beat, But Ominous Signs in Consumer Metrics
October 14, 2016

It wasn’t much of an earnings hurdle to cross, but Wells Fargo cleared it. 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...