PYMNTS-MonitorEdge-May-2024

2017

Citi Lays Out Plans To Focus On Digital Services In First Investor Meeting In Years
Citi Lays Out Plans To Focus On Digital Services In First Investor Meeting In Years
July 26, 2017  |  Payment Methods

Citi, in its  first investor meeting since the 2008 recession Tuesday (July 25), announced plans to focus on digital services in the future. Speaking during...

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China’s Online Retail Sees Big Boost in 2017
China’s Online Retail Sees Big Boost in 2017
July 24, 2017  |  Retail

All over the world, the retail industry is seeing a major transformation. As more people turn to the online arena to purchase everyday goods, retailers...

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Mobile Investments To Reach 1B Trades With Acorns
Mobile Investments To Reach 1B Trades With Acorns
July 21, 2017  |  Investments

The financial services space has many players in the field moving money throughout the stock exchange. Like a well-oiled machine, stocks are traded all day,...

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Capital One’s Stock Gets 5 Percent Boost
Capital One’s Stock Gets 5 Percent Boost
July 21, 2017  |  Stock Index

Capital One’s Q2 earnings are in and have beat Wall Street analysts’ expectations. While analysts polled by Reuters expected Capital One’s earnings to trade at...

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Bank Of America Latest To Lower iPhone Shipments Forecast
Bank Of America Latest To Lower iPhone Shipments Forecast
July 13, 2017  |  Retail

Apple has seen Bank of America Merrill Lynch join a growing list of Wall Street firms that are lowering their shipment forecasts for iPhones this...

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Diebold Shares Plunge On Lowered Sales Guidance
Diebold Shares Plunge On Lowered Sales Guidance
July 06, 2017  |  Retail

Diebold Nixdorf shares plunged 23 percent on Wednesday, hit by reduced revenue guidance that spooked investors. The ATM and financial services company saw shares slip...

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Biometric Mobile Payments Set To Explode In 2017
Biometric Mobile Payments Set To Explode In 2017
May 09, 2017  |  Payment Methods

Mobile payments using biometrics to authenticate the user is forecasted to reach close to $2 billion in 2017, up from $600 million last year, according...

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More Retail Bankruptcies Expected In 2017
More Retail Bankruptcies Expected In 2017
May 04, 2017  |  Retail

The retail sector has been suffering a lot of pain this year, with bankruptcies already happening at a record pace and more bankruptcies expected to...

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Mastercard CEO Counts 85M Global Masterpass-Enabled Accounts
Mastercard CEO Counts 85M Global Masterpass-Enabled Accounts
May 03, 2017  |  Earnings

Card issuer Mastercard posted results Tuesday morning that bested analyst estimates, buoyed by increased spending by consumers globally, driven across both debit and credit cards....

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