| Visa Beats 3Q Estimates as Payments Volume Leaps
Double digit transaction growth and strength in Europe boosted Visa's earnings beyond the Street's expectations, while management also gave the lift to expected revenue growth going forward. Internationally, Europe stood out â even the U.K., post Brexit, and China looms as a market devoutly to be wished. Visa Checkout also gained traction, according to CEO, Al Kelly, to 23 million users in a world where cashless is going more mainstream and commerce-enabling platforms are becoming increasingly important. Read More... |
| PYMNTS âThings To Knowâ Series |
| Europe, CNP Fraud Trendsetter?
Europe often sets the pace for fashion â and now fighting fraud? As EMV gains traction in the States, the chip card revolution on the Continent has largely been completed. And the bad guys are increasingly plying the fraudulent transaction game online. TSYS offers up a few "Things To Know" about Europeâs efforts to manage CNP fraud that could help others prepare for battle.
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| | Consumer Credit | | Affirm Challenges Retailers, FIs To Practice âHonest Financeâ
Affirm entered the market six years ago with a pretty lofty goal â fix a consumer credit system that CEO Max Levchin said had gotten âpretty broken.â One million loans and one thousand merchants later, Levchin formally kicked off Affirmâs Honest Finance campaign at its first annual partner conference yesterday in an effort to raise retailer, FI and consumer awareness around credit schemes that he says can hurt consumers and the retailers they shop with. So, what is the case for âHonest Finance?â Read More... |
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