PYMNTS

FEBRUARY 28, 2019

billion in 2018, and that 5 percent of that total was from bitcoin. In terms of headline numbers , the payments processing firm reported adjusted revenues of $464 million, up 64 percent year on year, while the Street had looked for $454 million. Earnings on an adjusted basis were $0.14 The company filed a report with the U.S.

Bitcoin 64

Bitcoin Adjustments Volume Transactions 64

PYMNTS

OCTOBER 29, 2019

In terms of headline statistics, the firm reported adjusted earnings of $2.15, which topped the estimates of $2.01, while net revenue of $4.45 Drilling down into supplemental materials provided by the company alongside the earnings announcement, the company said total gross dollar volumes were up 14 percent worldwide to $1.6

Volume 40

Volume Visa Cross-Border B2B 40

PYMNTS

MARCH 4, 2019

The news comes after it was reported that Square‘s fourth-quarter earnings 2018 results displayed a continuation of several trends seen in recent quarterly reports. The payments processing firm reported earnings on an adjusted basis of 14 cents per share, which matched the Street.

Point-of-Sale (POS) 60

Point-of-Sale (POS) Chip Cards Adjustments CHIPS 60

PYMNTS

OCTOBER 25, 2019

Visa posted fiscal Q4 earnings results that topped expectations, driven by high single-digit percentage growth in payments volume and cross-border transactions — and where management said that B2B transactions topped $1 trillion on an annualized basis. Adjusted earnings per share came in at $1.47, above the Street by $0.04.

Volume 42

Volume B2B Cross-Border Point-of-Sale (POS) 42

PYMNTS

AUGUST 12, 2020

Separately, in 2018, well before the pandemic, PYMNTS’ Financial Invisibles report found that 12 percent of a sample of consumers used payday loans and did not have credit cards. The San Francisco-based financial services firm said its adjusted earnings were 18 cents per share. Last week, Square reported $1.92

CashApp 70

CashApp Venmo Debit Card Adjustments 70

PYMNTS

MAY 3, 2018

Bitcoin , subscriptions and services all played a part in Square ’s 45 percent year-over-year total revenue growth in the first quarter of 2018. But the company’s stock price fell in after-hours trading after Square’s new forecast for 2018 earnings came in below analyst expectations. Full year adjusted revenue will be between $1.40

Large Merchants 40

Large Merchants Bitcoin Adjustments Volume 40

PYMNTS

AUGUST 6, 2019

Adjusted earnings per share were $1.78. A detail of the pro-forma 2018 revenue contribution by segment shows 49 percent derived from banking, 32 percent from merchants and the remainder from capital markets. As eCommerce accelerates, we’re very well-positioned to capture those volumes.”.

Real Time Payments 74

Real Time Payments Posting Payments Federal Reserve 74

Fintech Finance

MAY 30, 2024

Furthermore, the transaction volume saw a substantial increase, growing by 48% over the same period. This drove a 51% increase in operating profit with an adjusted EBITDA of $51 million (SEK 515 million), up from $33 million (SEK 340 million) in 2022. Change is on the horizon, and Trustly is at the forefront, ready to lead the charge.”

Innovation 52

Innovation Fraud Prevention On-Demand Volume 52

PYMNTS

FEBRUARY 22, 2017

we completed investments that enabled our network to respond with on-time service, even with this record-setting volume. In 2018 and 2019, UPS anticipates overall revenue to increase between 4 to 6 percent, down from the earlier 7 percent target. For the full year, package volume rose 4.6 In the U.S.,

On-Demand 49

On-Demand Volume Adjustments Product 49

PYMNTS

NOVEMBER 6, 2019

All in, Square posted Q3 net income of $29 million or an EPS of six cents per share, an improvement on Q3 2018’s net income of $20 million, or four cents a share, in the year-prior quarter. Adjusted earnings per share climbed to 25 cents from 13 cents at this time last year, well ahead of analysts’ predictions of 20 cents.

Bitcoin 40

Bitcoin Volume Push-to-Card Adjustments 40

PYMNTS

AUGUST 7, 2019

Adjusted loss per share narrowed to $0.01 million in 2018 to $190.8 million in 2019, driven by the higher volume of loan originations Sanborn mentioned. Net income is predicted to be in the range of $0 million to $5 million and adjusted EBITDA is projected to be in the range of $35 million to $40 million. from $0.08

Origination 51

Origination Adjustments On-Demand Volume 51

PYMNTS

JANUARY 15, 2019

“Fears of slowing economic growth, tighter monetary policy and trade-related tensions all contributed to heightened equity and credit market volatility during 2018,” reflected Ajay Khorana, managing director and global head of Citi Financial Strategy and Solutions Group, in a statement announcing the report.

Disputes 46

Disputes Finance Adjustments Risk 46

CB Insights

DECEMBER 4, 2019

The company announced it would pass on the special card savings Amazon gets from card networks (because of the volume of purchases they can guarantee) to retailers that adopt Amazon Pay. In December 2018, Reuters reported that Amazon was looking at airports as a potential Amazon Go partner. That scale would make Amazon Go a $4.5B

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

CB Insights

JUNE 5, 2019

In addition, the company filed a patent in 2018 that explores additional layers of authentication, including asking users to perform certain actions like “smile, blink, or tilt his or her head.”. In 2018, Marriott began experimenting with facial recognition to speed up the check-in process at two of its hotels in China.

Technology 78

Technology Law Enforcement Online and Mobile Banking Authentication 78

PYMNTS

SEPTEMBER 16, 2020

One 2018 study estimated that just 20 percent of U.S. Adjusting these final onboarding steps for digital completion represents a larger challenge for higher education entities, however, as many are simply not set up to do so. This marks a notable shift from previous years. percent of their annual budgets on IT development.

Cybersecurity 56

Cybersecurity Enrollments Phishing Identity Theft 56

PYMNTS

APRIL 8, 2020

million restaurant workforce – lost a net 417,000 jobs in March on a seasonally adjusted basis, according to preliminary data from the Bureau of Labor Statistics (BLS). The survey found that 42 percent of respondents purchase groceries online at least once a week, up from 22 percent in 2018. Panera’s competition will be fierce.

On-Demand 57

On-Demand Adjustments Volume Economy 57

PYMNTS

FEBRUARY 12, 2019

Adjusted Q4 earnings of $1.60 This transformative approach leverages our investments in data center and solution modernization and is a key growth initiative, generating more than $10 million of new revenue in 2018.”. bested consensus by 2 pennies; revenues of $2.17 billion, which were up 3.2 billion, up 2.5

Payments 46

Payments On-Demand Adjustments Volume 46

PYMNTS

OCTOBER 31, 2019

31) that met expectations, while the firm showed payments volumes that were up double-digit percentages. Management pointed to at least some softening in fleet customer trucking volumes, tied in part to a softening macro environment. Adjusted earnings per share was $2.59, up 16 percent year over year. The firm said U.S.

Volume 40

Volume Payments EMV Process 40

PYMNTS

OCTOBER 31, 2019

31) that met expectations, while the firm showed payments volumes that were up double-digit percentages. Management pointed to at least some softening in fleet customer trucking volumes, tied in part to a softening macro environment. Adjusted earnings per share was $2.59, up 16 percent year over year. The firm said U.S.

Posting 40

Posting Volume Payments EMV 40

PYMNTS

DECEMBER 19, 2017

TSYS said the deal is expected to promote modest additions to TSYS’ net revenue growth and adjusted diluted earnings per share (EPS) in the first full year after the deal closes. TSYS expects the transaction to close in the first quarter of 2018. Global payments solutions provider TSYS announced Monday (Dec.18) million total cards.

Credit Cards 40

Credit Cards Agreements Payment Solutions Issuers 40

CB Insights

FEBRUARY 16, 2021

News coverage of stablecoins has continued to grow since taking off in 2018. By 2018, that same order cost $82M — all as a result of bitcoin’s drastic change in price. Microsoft, for example, first started accepting bitcoin as a payment in 2014, only to put a temporary halt on it in 2018 due to volatility. Source: Quartz.

Stablecoins 101

Stablecoins Multi-Currency Cryptocurrency Bitcoin 101

PYMNTS

AUGUST 3, 2018

and when adjusted for 7-11 volume retention, same-store withdrawals rose 4 percent. Cardtronics reported adjusted earnings of $28.1 Cardtronics expects revenue for 2018 to range from $1.28 Adjusted net income is expected to range between $79 million and $86 million, or between $1.70 million in the year ago quarter.

ATM 40

ATM Adjustments Agreements Transactions 40

PYMNTS

AUGUST 24, 2020

The global digital education sector was already burgeoning pre-pandemic, with 2019 projections estimating that it would experience a 14 percent CAGR from 2018 to 2022. percent of respondents in a 2018 cross-industry gig worker survey stated that they would abandon platforms if they experienced payout issues.

International Payments 60

International Payments Cross-Border Online and Mobile Banking Cross-Border Payments 60

Nanonets

SEPTEMBER 17, 2024

This is usually done to train more capable VLMs for other tasks Variations of above mentioned applications can be used in medical, industrial, educational, finance, e-commerce and many other domains where there are large volumes of images and texts to work with. JINA CLIP puts a twist on CLIP architecture by jointly optimizing CLIP Loss (i.e.,

Best Practices 97

Best Practices Adjustments Research Assessments 97

PYMNTS

JANUARY 19, 2021

This compares to just 17 percent of cardholders who experienced debit-related fraud as recently as 2018. Financial players and retailers have worked quickly to keep up with customers’ needs during the pandemic, meaning many have adjusted to rising digital transaction volumes — and rising numbers of digital fraud attempts.

Debit Card 62

Debit Card Online and Mobile Banking Push-to-Card P2P 62

CB Insights

SEPTEMBER 10, 2019

A 2018 survey by Bank of America shows that millennials’ top financial priorities were saving for emergency funds (64%), saving for retirement (49%), and saving to buy a house (33%) — not much different from the concerns their baby boomer parents had 30 years ago. As of 2018, the app had 3.7M 50%, compared with the flat.25%

Finance 77

Finance Online and Mobile Banking Advisors Micro-Entry 77

PYMNTS

OCTOBER 1, 2019

The PYMNTS’ Order To Eat Tracker found that the volume of mobile app orders soared 130 percent from 2016 to 2018, and the overall mobile order market value is set to reach $38 billion by 2020. That foresight enables QSRs to anticipate new types of fraud and adjust their business processes to avoid losses,” he said. problematic.

Data Breach 57

Data Breach Breach Account Takeovers Fraud Prevention 57

The Fintech Times

MAY 16, 2024

Customers experienced an average wait time of nearly 23 minutes in the first 11 months of 2023-24 (up from five minutes in 2018-19). This means HMRC’s workload has reduced more slowly than reductions in call volumes. However, it is not clear how far and fast digital will reduce demand for telephone and correspondence services.

Correspondent 59

Correspondent Small Business Audit Assessments 59

PYMNTS

OCTOBER 28, 2019

The 2018 South Dakota v. Businesses must therefore re-adjust to comply and avoid penalties in this new world of ongoing tax policy changes. . The Massachusetts legislature has proposed a regulation that would obligate remote sellers above a certain sales volume to file, and Pennsylvania has already issued a similar demand.

Laws 42

Laws Rules Adjustments Facilitators 42

PYMNTS

DECEMBER 9, 2019

Keeping up during this high-volume season can be difficult for retailers when shoppers have unique payment expectations. BNPL] gives a person, let’s call it, ‘adjustable, accountable credit.’”. Holiday spending has changed over the past decade as digital payments began to filter into the retail world.

BNPL 52

BNPL Credit Cards Consumer Adjustments 52

PYMNTS

OCTOBER 1, 2018

LCA and Laplanche, along with former CFO Dolan, were also charged with improperly adjusting fund returns. The DOJ further alleged that LendingClub made the loans to bolster its underwriting figures so that it could make monthly loan volume goals. All but three of those loans were paid in full January of 2010. The Aftershocks.

P2P 54

P2P Origination Underwriting Returns 54

PYMNTS

NOVEMBER 14, 2019

percent on Q3 2018. percent growth reported in 2018. “We We need to translate this repetitive food and consumable volume into a stronger Walmart.com business that’s profitable over time, so that’s what we’re working on,” he noted. All in all, revenue was up 2.5 Same-store sales were up 3.2

NOV 50

NOV Adjustments Continuity FinTech 50

PYMNTS

APRIL 2, 2019

Prescription volumes were up in the wake of Walgreen’s acquisition of Rite Aid stores. were 8 cents shy of expectations — comes in the wake of an announcement at the end of 2018 that that a three-year cost savings effort would save $1 billion annually, a target that now has been boosted by $1.5 percent to $34.53 percent to $26.3

Adjustments 40

Adjustments Continuity Returns Volume 40

FICO

NOVEMBER 2, 2018

As volumes of account-to-account consumer payment transactions grow — such as person-to-person (P2P) transfers made via Zelle, which is forecast to take over Venmo in 2018 — so does the opportunity for fraudsters to exploit demand deposit accounts (DDA). This keeps the model robust and relevant in an ever-changing payment space.

Real Time Payments 40

Real Time Payments Demand Deposit Account (DDA) Payments P2P 40

PYMNTS

JANUARY 13, 2020

Like retail, the industry is adjusting to the changing preferences of increasingly time-challenged consumers living in increasingly connected homes , who like the experience of a restaurant meal – only eaten at home. 10, 2020 , down from a high of $13 billion in September 2018 and $7.3 Grubhub saw its market cap reduced to $4.79

On-Demand 61

On-Demand Consumer Volume Participant 61

PYMNTS

OCTOBER 15, 2019

Earnings were a miss this time around — coming in at an adjusted $1.07 On the upside, revenue comes in slightly ahead of pre-earnings forecasts and roughly on par with 2018 at $22 billion. Credit card purchase volume grew 5 percent year-on-year while debit purchased increased by 6 percent. Net income clocked in at $4.6

Credit Cards 40

Credit Cards Origination Volume Wire 40

PYMNTS

JANUARY 3, 2019

The main goal of the solution, which had its soft launch in December 2017 and its public launch in February 2018, was to give customers the option of paying by card. This feature can be especially handy during high-volume days. . FlySafair employs the AviaPay mPOS system, which includes software the airline helped design.

Reconciliation 52

Reconciliation Payments On-Demand Process 52