Shares of Fiserv plummeted in intraday trading Thursday (April 24) in the wake of its first-quarter earnings report, which showed slowing growth in its Clover point-of-sale operations and a decline in payments processing activity in its Merchant Solutions segment as consumers pared their spending. An...
Hate to say you read it here first, but here’s a prescient quote left on the cutting room floor from PYMNTS CEO Karen Webster’s interview with QED Investors partner Amias Gerety just two days ago: “Because this is a self-inflicted economic wound, we get an...
Thousands of Canadian autoworkers have been furloughed amid new tariffs in the country. Now, Canada’s largest private-sector union is warning these temporary layoffs could be the beginning of larger troubles for the sector, Bloomberg reported Wednesday (April 9). “The industry will not be able to...
Likely no business vertical will emerge unscathed from the latest round of tariffs imposed by the President Donald Trump administration, but the automotive industry stands to be hit the hardest. Manufacturers and dealerships are navigating a complex landscape of price adjustments, production halts and strategic...
April 10, 2025
Hate to say you read it here first, but here’s a prescient quote left on the cutting room floor from PYMNTS CEO Karen Webster’s interview with QED Investors partner Amias Gerety just two days ago: “Because this is a self-inflicted economic wound, we get an extra dollop of uncertainty. Trump could reverse all of these […]
December 20, 2022
Checks remain a key B2B payment method in Canada, but commercial cards are changing that. A driving force behind this is the partnership of New York-based Boost Payment Solutions and...
June 25, 2021
“Consumers want flexibility in terms of how they want to pay,” Visa Canada Vice President and Head of Product and Digital Brian Weiner told Karen Webster. “They don’t want to...
March 04, 2021
Payment facilitators (PayFacs) could do with some northern exposure. In an interview with PYMNTS, Marcus Dagenais, president, Canada, at payment processor Payroc, said that expanding into Canadian markets can boost...
April 24, 2025
UPS plans to strengthen its global offerings in complex healthcare logistics by acquiring Andlauer Healthcare Group (AHG), a Canada-based supply chain management company focused on solutions for the healthcare sector. UPS agreed to acquire the firm for $1.6 billion and expects the transaction to close in the second half of the year, subject to customary […]
April 09, 2025
Thousands of Canadian autoworkers have been furloughed amid new tariffs in the country. Now, Canada’s largest private-sector union is warning these temporary layoffs could be the beginning of larger troubles...
March 31, 2025
America’s relationship with Canada is causing pain for companies on this side of the border. As Reuters reported Monday (March 31), a growing “Buy Canadian” movement is hurting U.S. consumer goods companies...
March 14, 2025
Produce suppliers and grocery stores have reportedly been busy adapting to the on-again, off-again tariffs imposed on Mexico and Canada. The changing policies have created challenges for companies that deal...
