Facebook’s Payments Revenue Soars 42%
Payments revenue at Facebook is up — way up. The company’s "payments and other fees" category banked a record $274 million ...
Tag: earnings
Apple Pay Helps Bolster Tech Giant’s Services Revenue Gains
Apple’s mobile payment service Apple Pay helped the company’s services business revenue grow 19% year-over-year to reach an all-time high ...
Bank Execs Optimistic Tech Spend Will Yield Cost Savings, Eventually
Executives at the four big U.S. banks seem to be optimistic their technology and innovation investments will pay off in ...
Will Digital Technology Save Citi More Than $1 Billion Over the Next 3 Years?
Citigroup CEO Michael Corbat touted roughly $200 million in cost savings the bank found in 2018 by going digital and ...
At Citigroup, Mobile User Growth Outshines Online Activity by Nearly 3x
Mobile and digital users grew at Citigroup last quarter, with mobile growth outpacing overall digital growth, the bank reported today. The ...
Western Union Touts Strong Digital Growth, Amazon Partnership in 3Q Earnings
“Advancing digital expansion” was at the top of Western Union’s overview of strategic initiatives in the company’s 3Q18 earnings report, ...
JPMorgan Chase Widens Lead as Mobile Banking Leader
JPMorgan Chase & Co. saw steady increases in active mobile and digital users, according to its 3Q18 earnings report released Friday. ...
Did Apple’s ‘Red Circle’ Tactic Lead to More Active Pay Users?
The number of consumers making use of Apple’s mobile payment service is increasing, but are these users really, well, using ...
Chase Maintains Lead in Mobile as BofA, Wells Fargo Play Catch-Up
EXCLUSIVE— More and more consumers switch to mobile banking every day, as this quarter’s numbers prove: each of the top ...
Chase Digital Customers Are More Loyal, Spend and Deposit More, CFO Says
EXCLUSIVE— Mobile banking customers continue to flock to JPMorgan Chase, a growth attributed to the bank’s focus on customer loyalty, ...
