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FedEx Int’l Priority, US Residential Volumes Fuel Strong Q2 Results

PYMNTS

18) as part of its Q2 fiscal 2021 earnings that higher volumes in international priority and U.S. The company said that those factors were offset, in part, by expenses to help with formidable demand and to grow services, pandemic-related costs and “variable compensation expense.”. FedEx reported on Friday (Dec. in diluted EPS on $17.3

Volume 105
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UPS Expects 26 Pct. YOY Returns Increase On Jan. 2

PYMNTS

National Returns Day, which is Jan. Consumers are expected to return 1.9 million packages via UPS, a 26 percent increase over last year’s National Returns Day. 26 used to be the big day for holiday returns, with customers crowding malls and department stores to stand in long lines.

Returns 52
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LendingClub Q3 Loan Volume Snaps Back 80 Pct

PYMNTS

4) that demand for borrowing snapped back 80 percent in the third quarter, while the performance of its pre-pandemic portfolio continued to be resilient. The company also said it expects to see continued strong demand for loans, forecasting a $250 million to $300 million increase in Q4 originations. Sanborn said the fact that U.S.

Volume 111
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JPMorgan Q2 Chase Credit Card Volume Plunges 23 Pct

PYMNTS

Moreover, Dimon noted that while the bank saw some of its lending portfolio hit hard by the pandemic during the second quarter, JPMC has also started seeing some green-shoot signs of returning consumer demand. Card sales volumes are down, but have been consistently trending upward since April,” Dimon said. “We billion from $9.7

Volume 65
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Creating Customized Fashion Online, And (Nearly) On-Demand

PYMNTS

Free returns and more generous return windows have taken a lot of the sting out of the process. And eShakti turns up the volume on choice, Krishnan noted, because it can constantly change up its offering in the style of fast fashion while offering quality, customized products. “We About half of all U.S. Nobody else does it.”.

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ELFi Protocol, a DEX Derivatives Platform, Officially Launched with a $100,000 Airdrop Event

Fintech Review

Zero-Risk Stablecoin Liquidity Pool : This on-chain yield product offers returns compared to DeFi industry rates. Users can deposit stable coins such as USDC or USDT to enjoy potential returns without the risk of capital loss due to market volatility. ELFi is the first to implement a Portfolio Margin and vAMM hybrid model on-chain.

NFTs 52
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June Air Travel Volume Off 86 Pct From Last Year

PYMNTS

The latest forecast from the International Air Transport Association (IATA) has airlines grappling with reduced demand until at least 2024 – and that’s the best-case scenario. s weekend decision to impose a blanket quarantine on all travelers returning from Spain. Consumer confidence is depressed and not helped by the U.K.’s

Volume 56