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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.”. billion in revenue on an adjusted (non-GAAP) basis.

Volume 105
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Visa: Debit Volume Up As Consumers Spend With Funds On Hand

PYMNTS

28) that showed a rebound in pent-up demand, with volumes up quarter over quarter. Payments volume was up 4 percent in the latest period as measured year over year, while processed transactions were up 3 percent. credit volumes came in at $493 billion, while debit totaled $603 billion. trillion in the company’s fiscal Q3.

Volume 80
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Unveiling digital fraud: A deep dive into scam trends and crime prevention in the UK payment sector

The Payments Association

The volume of incidents, paired with the financial losses that exceeded 340 million in 2023, underscores the sophistication and adaptability of scammers. Addressing these vulnerabilities demands collaboration across financial institutions, digital platforms, and regulators. Why is it important? What’s next?

Scams 88
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Financing Gets Flexible As eCommerce Sellers Brace For Seasonality Whiplash

PYMNTS

And the surge in eCommerce isn't isolated to the B2C world, either: as social distancing requirements and shutdowns migrate corporate buyers online, wholesalers, distributors and other B2B vendors are likely to face a similar holiday boon this year to fulfill rising customer demand. Small Business, Big Challenges. Europe, Canada, the U.S.

Finance 142
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PayPal Q1 Payments Volume Dips, Venmo User Base Grows

PYMNTS

This is the first time parent company PayPal has revealed any user numbers for the app, with its Q1 earnings report showing that the total payments volume for Venmo grew 73 percent year over year to reach $21 billion. The company added that Venmo is on track to generate $100 billion in payments volume this year. billion estimates.

Venmo 53
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Litepips Unveils AI-Powered Gold Trading Bot with 24/7 Market Vigilance

Fintech Review

Unlike traditional trading bots that operate on pre-set conditions, Litepips dynamically adjusts to changing market structures, leveraging historical price action and pattern recognition to enhance decision-making. The demand for adaptive bots like Litepips continues to shape forex and gold markets.

Bots 52
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Target Meets Amazon At Point Of Attack With ‘Deal Days’

PYMNTS

Target’s event, first reported by the Minneapolis Star Tribune, will feature “digital deals on thousands of items, more than double what the retailer offered last year, as it adjusts to the surge of consumers who have shifted to shopping online during the coronavirus pandemic. Target announced on Monday (Sept. On Monday (Sept.

On-Demand 104