Editor’s Picks

Facebook Highlights eCommerce, Metaverse Plans As Pressure On Ad Business Grows

Facebook Highlights eCommerce, Metaverse Plans As Pressure On Ad Business Grows
Facebook Highlights eCommerce, Metaverse Plans As Pressure On Ad Business Grows
July 29, 2021  |  Earnings

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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PayPal: Venmo Volumes Grow 58 Pct YoY To $58B
PayPal: Venmo Volumes Grow 58 Pct YoY To $58B
July 29, 2021  |  Earnings

PayPal reported second-quarter results Wednesday (July 28) that showed the great digital shift had boosted eCommerce fortunes and that peer-to-peer (P2P) payments during the period...

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LendingClub Q2 Loan Originations Soar By 84 Pct
LendingClub Q2 Loan Originations Soar By 84 Pct
July 28, 2021  |  Earnings

San Francisco-based FinTech LendingClub said it had its most profitable quarter in company history Wednesday (July 28) as the newly minted lender completed its first...

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United Now Offers Travelers The Option To Preorder Food, Drinks
United Now Offers Travelers The Option To Preorder Food, Drinks
July 28, 2021  |  Travel Payments

United travelers now have the option to preorder food and beverages, according to a press release from the company. Get the Full Story Complete the...

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Spotify’s Premium Subscriber Base Expands To 165M Amid Push Toward Monetizable Content
Spotify’s Premium Subscriber Base Expands To 165M Amid Push Toward Monetizable Content
July 28, 2021  |  Earnings

The ranks of Spotify’s premium subscribers soared by 20 percent year over year to 165 million in the second quarter, as the streaming company reported...

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Athleta Launches Wellness Platform To Grow Brand Loyalty
Athleta Launches Wellness Platform To Grow Brand Loyalty
July 28, 2021  |  Retail

With consumers increasingly focused on health and wellness following a global pandemic, Athleta is launching a new health and wellness platform in a bid to...

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McDonald’s Aims To Become McData As Digital Strategy Takes Center Stage
McDonald’s Aims To Become McData As Digital Strategy Takes Center Stage
July 28, 2021  |  Earnings

Companies evolve over the decades – they have to, in order to remain competitive. Often, technology becomes a key differentiator. And a motto for the quick-service...

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Crypto’s ‘Snake Oil’ Problem May Stymie Payment Ambitions
Crypto’s ‘Snake Oil’ Problem May Stymie Payment Ambitions
July 28, 2021  |  Cryptocurrency

No easy path ahead for crypto. Not for use in payments, it seems, and not for trading. Get the Full Story Complete the form to...

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Apple’s Paid Subscriptions Hit 700M; Up 150M Since Last Year
Apple’s Paid Subscriptions Hit 700M; Up 150M Since Last Year
July 27, 2021  |  Earnings

It wasn’t just a good third quarter for Apple, but was, in fact, its best-ever as the tech giant blasted past analyst forecasts for revenue,...

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