From the latest on a Justice Department’s antitrust case against a major card network to a B2B fleet card processor’s merger-and-acquisition ambitions, we learned a lot this week from payments company quarterly earnings. To bring it all together, PYMNTS.com has summarized the quarterly earnings covered...
MasterCard showed sizable second-quarter gains, with net revenue up 13 percent driven by significant transaction growth on both the consumer and commercial credit side. It has plans to roll out MasterPass over the next few years to the markets that drive 75 percent of its...
Fleetcor CEO Ronald Clark acknowledged to analysts on July 31 that that the company is in active merger-and-acquisition talks, some of which are in the “late innings.” He declined to go into any specifics, however, including whether discussions are underway to acquire rival Comdata, as...
An important part of fleet management is ensuring that the recorded mileage is actually the mileage that was driven for a delivery. This ensures that all parties involved are paid properly and that the fleet management firm’s invoices remain accurate. But what happens when there...
Taulia has just raised $27 million with a simple goal—fixing the status quo in buyer-supplier payments so that it’s no longer out of date, out of touch and bad for basically everyone involved. PYMNTS.com caught up with Taulia’s CMO Joe Hyland to learn how this...
As former Square COO Keith Rabois launches one more “stellar” currency, Kanye West wins a lawsuit that shutters Coinye Bitcoin. Life in the land of the bitcoins and crypto-currencies is never dull.
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...
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...
B2B card provider WEX during this year’s second quarter saw spend volume on its virtual card grow by 26 percent, driven mostly by its relationship with travel agencies. With its newly acquired Evolution1 healthcare technology company, WEX may could bring the virtual card to the...
