|Day's range||0.1500 - 0.2800|
Soft consumer sentiment index, prompted by curtailment in spending capacity, is sure to dampen the prospects of payment stocks going forward.
Karen Mills, the former administrator of the Small Business Administration, welcomed the stimulus, but expressed concern on whether the money could arrive fast enough to make a difference.
Charles Freund, EVP of Strategy at FLEETCOR By John Jannarone What was the key to the most successful IPOs of the 2010s? The likes of Tesla, Inc. and Shopify Inc. introduced technologies that transformed their industries. Another IPO from an innovative company that delivered some of the best returns of the decade: business payments firm […]
Millennials, who vouch for bitcoin democratization, also prefer the world's numero uno cryptocurrency as a form of investment to save for the future.
Several companies, including Apple Inc, Mastercard Inc and American Airlines Group Inc, have warned of a hit from the rapid spread of the epidemic that has disrupted supply chain, hurt global travel and led to temporary shutdowns of businesses. PayPal, which derives nearly half of its total revenue from international operations, forecast first-quarter revenue of $4.78 billion to $4.84 billion last month. "We currently estimate the negative impact from COVID-19 to be an approximate one percentage point reduction, to PayPal's year-over-year revenue growth for the first quarter," the company said in a statement.
Aron Betru, managing director of the Center for Financial Markets at the Milken Institute, joined Yahoo Finance’s “The First Trade” to discuss the need for increasing access to capital in underserved, minority communities.
PayPal Holdings Inc is teaming up with criminologists and experts at several universities to probe the payment systems used in the trafficking of illegal firearms in the United States, the company said on Tuesday. The research aims to help financial companies and law enforcement understand what types of payment methods are used to finance illegal transactions and prevent them from taking place, PayPal executives said. The effort will be led by the Centre on Crime and Community Resilience at Northeastern University and the University of Chicago Crime Lab.
The Association of Financial Professionals is out with its 2020 Risk Survey, citing that business leaders are most concerned with cybersecurity risks.