The third quarter proved more than kind to peer-to-peer (P2P) payments, at least according to financial results for the two main competitors, Zelle and Venmo, which continue to duke it out for market share and consumer loyalty — and doing so as another big digital...
American Express posted results Thursday (Oct. 18) that showed increases in card member spending and a boost in lending activity. Overall, billed business gained 8 percent to $294.7 billion, filings showed. Billed business is defined as transaction volume, including cash advances. The company said in...
PayPal posted results Thursday (Oct. 18) after the markets closed that showed double-digit growth in overall transaction volume and payments volume, and high single-digit boosts in the number of payments per active account. In terms of stats that Wall Street watches, the company earned $.58,...
Credit, debit and prepaid cards issued in the U.S. saw purchase volume increase 7 percent year over year in 2016. That’s according to the Nilson Report, which said in a press release Monday (May 8) that credit, debit and prepaid cards’ purchase volume in the U.S. reached $5.648...
October 19, 2018
American Express posted results Thursday (Oct. 18) that showed increases in card member spending and a boost in lending activity. Overall, billed business gained 8 percent to $294.7 billion, filings showed. Billed business is defined as transaction volume, including cash advances. The company said in its release that total card member spending was up 8 […]
October 19, 2018
PayPal posted results Thursday (Oct. 18) after the markets closed that showed double-digit growth in overall transaction volume and payments volume, and high single-digit boosts in the number of payments...
May 09, 2017
Credit, debit and prepaid cards issued in the U.S. saw purchase volume increase 7 percent year over year in 2016. That’s according to the Nilson Report, which said in a press release Monday...
March 22, 2016
Alibaba has hit a new transaction milestone yet, at the same time, has come to terms with the challenges it faced during the end of 2015. At an event yesterday...
