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Capital One Q2 Earnings Preview: Increased Spending, Decline In Revenue Expected

PYMNTS

Financial experts are predicting Capital One’s second-quarter earnings will fall below expectations, despite their moderate success in the first quarter. Its core card business and its commercial lending activity grew, leading to higher revenue numbers. Last year, Capital One spent $18.6

Capital 108
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Paytronix Urges Restaurants To Use Gift Cards To Boost Loyalty, Sales

PYMNTS

Customer loyalty and FinTech Paytronix wrote a blog post about the benefits of gift cards for restaurants, which can help ease the burden many are facing during the ongoing coronavirus crisis. The answer for many has been simple: Promote gift cards.”. Ultimately, remember to keep your message heartfelt and honest.

Cards 141
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DBS, Standard Chartered To Launch Trade Finance Registry

PYMNTS

George Lee , chief operating officer of CCRManager , said while digitization is happening in small parts of the system, the worldwide network isn't collaborative enough to easily transition over to new ways of working.

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Today In Payments Around The World: IBM Buys Canadian Firm Expertus Technologies; GoJek Unveils GoBiz Plus System For Merchants

PYMNTS

Southeast Asian super-app operator Gojek is launching its new GoBiz Plus point-of-sale (POS) technology for all-in-one-purposes for micro in addition to small to medium-sized businesses (SMBs) in Indonesia. Combining with a blank-check company has become an increasingly popular way for closely held companies to raise capital for expansion.

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Software Co BigCommerce IPO Soars 183 Pct

PYMNTS

BigCommerce , which works in software for online business operations, saw its value rise by 292 percent after an initial public offering (IPO) for $216 million was priced above a target range, according to a report by Bloomberg. exchange for a company raising at least $100 million, according to Bloomberg’s data. 4) for $24 each.

Software 194
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Brand Differentiation – How One Bank Is Producing 132% Profit Growth

South State Correspondent

Nubank started with a credit card offering, followed by deposit accounts, then lending, and then payments, investing, and insurance. Thus, where most banks would focus on a referral program, Nubank ranked the quality of the referee and allocated more capital into acquiring the customer they referred.

Branding 221
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Why You Need Bank Product Management

South State Correspondent

A manager may oversee the operation of a product, but few banks have product managers who drive product development and performance. If not for the bank product manager, who else is going to be thinking about how to work these tools into transaction accounts, debit cards, lines of credit, mortgage, wealth, or hundreds of other bank products?