Latest in Payments Borrowers
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Visa says spending trends are stable, and this time Wall Street agrees
Visa’s CFO expects the “stable and resilient consumer” to keep up such spending trends into the company’s new fiscal year.Business - MarketWatch - October 29 -
Jack Dorsey's payments company Block expands corporate card service to the UK
Block, the payments company owned by tech billionaire Jack Dorsey, has launched its corporate card service in the U.K.Business - CNBC - October 31 -
Apple’s Quarterly Profit Down Because of Tax Payment in Europe
Sales for the iPhone maker were up 6 percent to to $94.93 billion. But a $14.4 billion tax bill cut profits that would have topped expectations.Tech - The New York Times - October 31 -
Unite union may bring legal action over winter fuel payments
Unite has called on the government to reverse the cut for millions of pensioners.Top stories - BBC News - November 3 -
Adyen shares slide as payments giant's transaction volume growth slows
Adyen shares sank Thursday after the company reported a slowdown in the growth of its transaction volumes in the third quarter.Business - CNBC - November 7 -
When can a credit card company sue you for non-payment?
If your credit card debt goes unpaid for long enough, you could face legal consequences. Here's when it may happen.Top stories - CBS News - November 8 -
Philippine defense secretary doesn't expect Trump will demand payment for protection
Philippine Defense Secretary Gilberto Teodoro says he doesn't expect U.S. President-elect Donald Trump’s next administration will demand the Philippines pay more for military protection because ...World - ABC News - November 12 -
Here’s Why Visa Is Reaching Out to Creators With New Payment Options
Chief marketing officer Frank Cooper calls them a whole new category of customer that should be treated like small businesses.Business - Inc. - November 12 -
Everyday Americans Keep Racking up Debt and Missing Payments
Economic pain is weighing on consumers as delinquency rates and household debt rise.Business - Inc. - 5 days ago -
Lilly Sues U.S. to Change Hospital Drug Discount Payments
The lawsuit is the second by a large drugmaker in recent days challenging how it provides required discounts to certain hospitals.Business - The Wall Street Journal - 4 days ago