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Mastercard Says Click to Pay Is Primed for Growth as Merchants Focus on Conversion – PYMNTS.com

It’s been nearly five years since Click to Pay (originally known as Secure Remote Commerce) was introduced. jennifer marrinerVice President of Global Acceptance Solutions master CardKaren Webster said, “The real-world use cases are much broader than we imagined, spanning consumer and B2B transactions.” Online receptionists that use tokenized virtual cards to store payment information are […]

Instacart cutting 250 jobs weak sales growth sends shares plunging

Instacart announced Tuesday that it plans to cut 250 jobs, or about 7% of its workforce, to focus on “promising” initiatives. But shares of Instacart, officially known as Maple Bear, fell about 10% in after-hours trading after the company missed fourth-quarter revenue estimates. The grocery delivery company joins several companies in the U.S. and Canada […]

It’s time to move on from ‘low for long’ growth, EU economy minister tells Harvard

Central banks around the world are considering cutting interest rates following the fastest monetary tightening cycle in history in response to rising inflation. But with inflation now easing and the economy growing at a more robust pace, European Commissioner for the Economy Paolo Gentiloni said at Friday’s meeting that interest rates near zero and domestic […]

Arm CEO talks growth as stock rallies on AI-fueled demand

Arm CEO Rene Haas talks about how demand for his company’s chip architecture led to record profits on Thursday’s “The Claman Countdown.” Arm Holdings Inc. CEO Rene Haas said Thursday that the company beat Wall Street’s profit and revenue expectations and offered a positive outlook, driven by demand for the company’s services thanks to artificial […]

Kentucky leaders toast to record-breaking growth in the Bourbon industry

Fifteen years ago, bourbon kings poured whiskey on the steps of the Kentucky State Capitol to protest looming tax increases on the spirits industry. On Tuesday, industry leaders reconvened with a bipartisan group of Kentucky leaders to celebrate record growth in the bourbon sector. Kentucky’s bourbon industry pumps $9 billion into the Bluegrass State’s economy […]

Trump says he’ll decide ‘recommendations for RNC growth’ after South Carolina primary

Former President Trump hinted Monday that he has recommendations for how the Republican National Committee (RNC) can grow, and insisted he would share them after the upcoming South Carolina Republican primary. President Trump called RNC Chairwoman Ronna McDaniel “my friend” while hinting that her future as party chair may be uncertain. President Trump: “The 2024 […]

Trump Will Decide on ‘Recommendations for RNC Growth’ After South Carolina

Former President Donald Trump on Monday called Republican National Committee (RNC) Chairwoman Ronna McDaniel a “friend” and said a decision on “recommendations for the growth of the RNC” would not be made until after the South Carolina primary. He said he was waiting. Trump’s comments came after he suggested “changes” were likely to come at […]

Subway’s new snack menu satiating appetite for growth, CEO says

Subway CEO John Chidsey discusses recent menu growth, store sales success and the restaurant chain’s outlook for 2024. Subway bosses say Americans’ desire to eat fresh at Subway is surging thanks to menu innovations and restaurant renovations. “When we started the rebuild about three years ago, we had a plan to transform this into a […]

PA Gov. Shapiro to present budget proposal focused on education, economic growth

Governor Josh Shapiro is preparing to present his second budget proposal to Pennsylvania lawmakers. Shapiro said he aims to allocate more money to higher education, public transportation and public schools that may be underfunded. He also wants more investment to attract big companies and may reconsider proposals such as creating a private school voucher program. […]