payments Archives - CFO

Square to Buy Installment Lender Afterpay for $29B

Square to Buy Installment Lender Afterpay for $29B

The deal will create “a transactions giant that will battle banks and tech firms" in the fast-growing "buy now, pay later" market.

By Matthew Heller | August 2, 2021

Why Cryptocurrency Transactions Matter

Why Cryptocurrency Transactions Matter

While it’s not for everyone, there are some circumstances where limited cryptocurrency involvement can make sense for traditional companies.

By Lauren Muskett | July 14, 2021

Will Cryptocurrencies Play By The Rules?

Risk & Compliance

Will Cryptocurrencies Play By The Rules?

Institutional interest in Bitcoin may finally force regulators to come to terms with digital money.

By Ramona Dzinkowski | February 24, 2021

Visa Calls Off $5.3B Merger Deal With Plaid Over DOJ Lawsuit

Visa Calls Off $5.3B Merger Deal With Plaid Over DOJ Lawsuit

The U.S. Department of Justice said the transaction would eliminate healthy competition from the online payments market.

By Lauren Muskett | January 13, 2021

Metric of the Month: Number of FTEs Performing the Order-to-Cash Process

Customer-to-Cash

Metric of the Month: Number of FTEs Performing the Order-to-Cash Process

Optimizing the order-to-cash value chain requires end-to-end process management.

By Perry D. Wiggins, CPA | November 3, 2020

Visa Beats Estimates as Travel Slump Continues

Financial Performance

Visa Beats Estimates as Travel Slump Continues

“The recovery so far has been uneven, V-shaped for domestic volumes but L-shaped for cross-border volumes,” CFO Vasant Prahbhu says.

By Matthew Heller | October 29, 2020

Visa Profit Drops 23% as Card Spending Slows

Financial Performance

Visa Profit Drops 23% as Card Spending Slows

Payments volume improved as the third quarter progressed, reflecting the easing of shelter-in-place orders in the U.S.

By Matthew Heller | July 29, 2020

Shift4 Files for IPO

Shift4 Files for IPO

The company was for sale last year but filed confidentially for an IPO in December.

By Lauren Muskett | June 4, 2020

Stripe Moves Into Small Business Lending

Working Capital

Stripe Moves Into Small Business Lending

Stripe Capital will provide cash advances to small business customers of Stripe's payment platform.

By Vincent Ryan | September 5, 2019

Square Shares Dip 6% on Weak Q1 Guidance

Financial Performance

Square Shares Dip 6% on Weak Q1 Guidance

Slower sales growth also weighed on the stock but "new products and services can provide a second wind to growth as the year progresses."

By Matthew Heller | February 28, 2019

Square Refiles Application for Bank Charter

Risk & Compliance

Square Refiles Application for Bank Charter

An industrial loan charter would enable Square to provide loans and other financial services directly to merchants.

By Matthew Heller | December 20, 2018

Mastercard Profit Jumps 21% to Record $1.43B

Financial Performance

Mastercard Profit Jumps 21% to Record $1.43B

Strong consumer spending overseas helped drive Mastercard's gross dollar volume to $1.4 trillion in the third quarter.

By Matthew Heller | October 31, 2017

Square Applies for Charter to Form Bank

Square Applies for Charter to Form Bank

The payments firm wants to offer a one-stop shop for financial needs by operating Square Financial Services under an industrial loan company charter.

By Matthew Heller | September 13, 2017

Late Shift: The 2017 Working Capital Scorecard

Working Capital

Late Shift: The 2017 Working Capital Scorecard

Delaying payments is boosting the working capital performance of America’s largest companies, but also masking a lack of efficiency.

By Vincent Ryan | July 26, 2017

MasterCard Acquires U.K. Payments Giant VocaLink

MasterCard Acquires U.K. Payments Giant VocaLink

The deal signals MasterCard's continued penetration of international payments and point-of-sale markets.

By Christopher Hosford | July 21, 2016