Will Cryptocurrencies Play By The Rules?
Institutional interest in Bitcoin may finally force regulators to come to terms with digital money.
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.
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.
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.
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.
Shift4 Files for IPO
The company was for sale last year but filed confidentially for an IPO in December.
Stripe Moves Into Small Business Lending
Stripe Capital will provide cash advances to small business customers of Stripe's payment platform.
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."
Square Refiles Application for Bank Charter
An industrial loan charter would enable Square to provide loans and other financial services directly to merchants.
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.
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.