Fiserv came in roughly equal with analysts’ predictions on its Q2 earnings, but missed slightly on revenue. Total revenue was up 3.2 percent year-over-year to $1.18 billion, which is a slight undershoot of analysts’ predictions of $1.23 billion. Fiserv did see strength in its...
Unattended retail is the sleeper of the payments industry. This $120 billion sector in the U.S. includes everything from vending, commercial laundry, and self-serve kiosks, to arcades. It’s also estimated that there are between 13 and 15 million locations ready and waiting to move from...
Earlier this week, clean technology firm Sensus chose to integrate the spend analysis and eSourcing tools from Zycus into its workflow. The new spend analysis implementation will include Sensus’ iCost feature, which permits spend analytics in approximately 1,200 market price and cost models and the company’s...
PayPal announced the expansion of its SMB working capital program yesterday, a program that has already extended more than $150M to SMBs in the U.S. In addition to raising the borrowing limit to $60k, PayPal expanded the program to the U.K. and Australia. At its...
Online invoice trading firm MarketInvoice and online accounting software company Xero announced this week that they had entered into a strategic partnership to provide better funding to UK businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Smart process applications provider Kofax announced this week that a global engineering firm chose to use various Kofax technologies to automate the capture and processing of invoices, as well as provide advanced analytics to monitor and meet internal key performance indicators (KPIs). Get the Full...
Walmart Labs, the retail giant’s eCommerce and R&D operation, has announced the acquisition of Luvocracy—a social shopping application that essentially allows users to both check out what their friends, loved ones and enemies (insofar as one has friended their enemies on social media) are buying...
Getting consumers to buy more is perhaps the most difficult challenge retailers and brands face. But their omnichannel efforts to reach customers wherever they are, and whenever, represent only half the battle. A recent Nielsen study suggests those sellers also able to identify their “super...
First Data has given itself a gift that it hopes will keep on giving as it pursues the valuable gift card space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
