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Freight Spot Rates, Volumes On Upswing Amid Retail Demand – But Will It Last?

PYMNTS

Retail spending may be helping to spur freight volumes, and to push already lofty pricing higher. That’s because consumer demand is picking up, but retail inventories are relatively low. As Eric Starks , president and CEO of FTR, was quoted as saying, high demand and low inventories “put pressure on the movement of goods.”

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Freight Spot Rates, Volumes On Upswing Amid Retail Demand – But Will It Last?

PYMNTS

Retail spending may be helping to spur freight volumes, and to push already lofty pricing higher. That’s because consumer demand is picking up, but retail inventories are relatively low. As Eric Starks , president and CEO of FTR, was quoted as saying, high demand and low inventories “put pressure on the movement of goods.”

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On-Demand Payroll Leads B2B FinTech Funding

PYMNTS

backers focused on accounts payable (AP) technology, cannabis procurement and small business lending, to name a few – but it was a FinTech specializing in the high-growth market of on-demand payroll that secured the top spot in this week’s roundup. and also to scale to meet existing customers’ demand.

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JPMorgan Boosts Apple Price Target On Strong iPhone 11 Demand

PYMNTS

Kuo increased his iPhone 11 series shipment forecast from 65-70 million units in 2019 to 70-75 million units, while noting the supply chain will “grow steadily” in the fourth quarter. Although bargains from Chinese retailers have hurt demand for the iPhone , the region had the third largest sales volume for Apple products in 2018.

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The Hidden Catalyst to Scaling an e-Wallet that Serves 200 Million Users in Indonesia

Fintech News

However, as the company’s user base skyrocketed and transaction volumes soared, it became evident that a robust and scalable technological foundation was crucial to sustain this meteoric rise. Zikry revealed that their initial setup using MySQL-like databases struggled to cope with the escalating transaction volumes during peak events.

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BoA Zelle Transactions Up 103 Pct. In Q1 2019

PYMNTS

Chief Executive Brian Moynihan cited demand for credit from middle-market business, and noted that was “good news for the economy overall.” However, the bank’s trading desks were sluggish, weighed down by the early 2019 U.S. On the debit front, BoA reported first-quarter debit purchase volume of $78.5 interest rates.

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2019 FICO Decisions Awards Winners Announced!

FICO

The winners of the 2019 FICO® Decisions Awards can now be formally announced. The 2019 FICO Decisions Award winners have demonstrated what is possible with a clear business objective, innovative use of technology and a great partnership. We thank the 2019 judges for their help in identifying the best nominations.