Q3 2016 news and trends

SME Loans Become Square’s Rising Star
B2B Payments // November 03, 2016

Square released its quarterly figures earlier this week to applause from investors, who boosted the firm’s stock up 5 percent after trading closed. Square has increased its guidance for the rest of the year, according to reports. With analysts continuing to examine Square’s successes, for...

Q3 2016 (Mostly) Hits The Target
B2B Payments // October 31, 2016

It’s earnings season yet again, and we check in on the performance of some of B2B FinServ’s top players. For the most part, firms hit their targets, though there were some disappointments. Data from WEX, Earthport and SAP looked promising, but could trouble be ahead...

WEX, ExxonMobil Keep Fleet Card Deal Going
B2B Payments // October 28, 2016

WEX and ExxonMobil are apparently pleased with their current partnership to offer fleet payment cards. The companies announced Thursday (Oct. 27) that they have agreed to extend their collaboration for another 10 years. The deal sees WEX offering a commercial card program across the U.S....

Quick Reads
US Economy Sees More Growth Than Expected In Q3

November 29, 2016
Worries of an impending economic slowdown have largely been quelled for the time being. In the latest revision to the GDP estimate, the Commerce Department reports that the U.S. economy saw its best growth performance in two years in Q3 2016. In the new estimate, the U.S. Commerce Department released today, the GDP’s annual growth […]