August 31, 2016
Abercrombie Sales Tumble For 14th Consecutive Quarter
Abercrombie & Fitch appears to be another teen retailer that has seen better days, as the company reported that Q2 2016 sales fell 4 percent when compared to the same quarter...
August 31, 2016
Tim Cook Lashes Out At EU Commission’s Decision
If you haven’t yet read Apple CEO Tim Cook’s letter taking aim at the European Commission regarding the decision that he called “an effort to rewrite Apple’s history in Europe, ignore...
August 26, 2016
Chapter 11 Watch: Lender Wants Aéropostale To Liquidate, Jobs Report...
It’s a tough time for retailers as changing tastes and shopping habits have completely upended the retail industry. Since iconic sporting goods retailer Sports Authority filed for bankruptcy earlier this...
August 23, 2016
How To Save The EU, According To Stiglitz
Can this marriage be saved … and should it be? The eurozone has been rocked by the surprise result of the Brexit vote. Amid the drawn-out process of Britain leaving...
August 16, 2016
Millennials Are Shunning Credit Cards
Millennials may know something that their older counterparts haven’t figured out yet: Cash is better than credit cards. That’s according to data from the Federal Reserve that shows that the...
August 02, 2016
MIT, Harvard Pinpoint Impact Of Faster B2B Payments
Paying small suppliers late leads to a cash crunch and stressed-out entrepreneurs. But new data provides quantitative evidence behind the anecdotes of squeezed small businesses in the U.S. Reports from...
July 29, 2016
Mastercard CEO On PayPal ‘Talks’ And VocaLink Buy
Could a thaw in the Mastercard/PayPal relationship be coming down the pike? If Mastercard management’s commentary about the payments giant’s latest results are any indication, it’s too early for spring, but green...
July 28, 2016
Mastercard Q2 Earnings Brush Past EPS Estimates On Transaction Growth
Mastercard results topped expectations, with a bounce in the top and bottom lines that came as transactions were up 14 percent year over year. The company’s net income came in...
July 18, 2016
Retail Sales Increased In June, Beating Wall Street Views
Retail sales got off to a shaky start this year, but things seem to be turning around for the U.S. retail and food services industries, which saw an uptick in...
With 96% of corporates that offer earned wage access saying it helps attract new talent, and 75% of millennials saying that it would influence their acceptance of a job offer, it’s obvious why almost two-thirds of employers see earned wage access as a low-cost tool for employee recruitment and retention. PYMNTS examines the trend in the latest issue of the “Money Mobility Tracker®,” a collaboration with Ingo Money.
