eBay highlights payments in Q4 earnings, Visa, NFL team on cashless Super Bowl, Why 85 percent of companies want AP automation

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

January 30, 2019

PYMNTS AML/KYC Tracker™

How To Keep Investment Platforms AML-Compliant

How can firms with global ambitions balance a smooth authentication process with rigorous AML efforts? In the inaugural edition of the AML/KYC Tracker, Anthony Couture, chief compliance officer for Canadian investment platform FrontFundr, explains how businesses are using new tech to ensure their operations and customers are trustworthy.

 

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Apple Earnings

Apple’s Earnings Pivot: It’s The Ecosystem, Not The Phone

Apple reports earnings for the first time without counting units sold, but with overall sales and gross margin, which investors liked. It’s also the first time in 18 years that Apple’s iPhone sales declined during the holiday season. Details here.

 

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eBay Earnings

eBay Points To Payments As Key Q4 Highlight

In Q4, eBay saw deceleration into the end of the year, in part on macro headwinds internationally. However, the company still saw an uptick in active buyers. Managed payments were a significant contributor to results — with sellers up 40 percent in Q4 — and will continue to be a key leg of strategy headed into 2019.

 

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PYMNTS B2B Payments Automation Innovation Playbook

Why 85 Pct Of Companies Want AP Automation

High operating costs. Thinning margins. Processing accounts payable (AP) manually can eat at the bottom line. That’s why 85 percent of firms say they’ll automate their payables functions over the next three years. The PYMNTS B2B Payments Automation Innovation Playbook presents the results of talking to 400 companies about their views on AP automation, and their expectations for the return on that investment.

 

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