While Discover Financial Services reported a 78 percent increase in its fourth-quarter earnings, the company missed Wall Street expectations by 3 cents. As a result,...
After a disappointing holiday quarter in 2017, the pressure was on Starbucks, which reported its most recent quarterly earnings yesterday (Jan. 24). Investors were eager to see...
Zelle, traditional banks’ answer to Venmo and Paypal, continues to grow in usage, not only with customers but with banking institutions as well, according to...
Capital One’s domestic card loans increased 8 percent in the fourth quarter of 2018, the bank said on Tuesday (Jan. 22) as company executives gave...
Bank earnings this week gave us a bit of insight into the momentum gained by bank-backed P2P payment network Zelle in 2018. For example, Bank...
JPMorgan Chase is planning the consolidation its corporate payment operations by combining small business (SMB) and large enterprise solutions, the Financial Times (FT) reported on Thursday...
American Express posted earnings results on Thursday (Jan. 17) after markets closed that missed the Street, as merchant and services revenues were both below expectations, and write-offs...
Bank earnings — taken together, let’s call them a mixed bag. Or maybe liken them to an onion, with layers of meaning and hints of...
Netflix, which recently announced its largest price increase in more than a decade, said Thursday (Jan. 17) that it added 8.8 million memberships in the...