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US stocks and gold struggle around midday trading. Here's why.
Yahoo Finance· 2026-01-29 19:02
U.S. stocks are struggling, hitting a one-week low around midday amid souring sentiment on software companies. Microsoft, one of the "Magnificent 7" megacap tech companies with considerable weight in major stock indexes, tumbled despite beating earnings and revenue forecasts in its fiscal second quarter as investors focused on slower-than-expected growth in its cloud computing business and higher-than-expected spending on data centers and other AI infrastructure. Shares in the Redmond, Washington-based ...
DXC Announces Strategic Partnership with Euronet to Expand Global Issuing and Payments Capabilities
Prnewswire· 2026-01-21 11:00
ASHBURN, Va, Jan. 21, 2026 /PRNewswire/ - DXC Technology (NYSE: DXC), a global enterprise technology and innovation partner, today announced a strategic partnership with Euronet Worldwide, Inc. (NASDAQ: EEFT), a leading global payments technology company, to expand issuing, revolving credit and payments capabilities for financial institutions worldwide. Through this collaboration, DXC will integrate Hogan, its core banking platform, which powers more than 300 million deposit accounts and over $5 trillion in ...
Euronet Signs Strategic Partnership Agreement to Acquire Merchant Acquiring Business of CrediaBank in Greece
Globenewswire· 2026-01-07 14:00
Euronet to also provide financial services to the bank, and the companies plan to launch an account-to-account consumer digital wallet.LEAWOOD, Kan., Jan. 07, 2026 (GLOBE NEWSWIRE) -- Euronet (NASDAQ: EEFT), a global leader in payments processing and cross-border transactions, and CrediaBank S.A. (“CrediaBank”), the fifth largest operating bank in Greece, have entered into a definitive agreement for Euronet to acquire CrediaBank’s merchant acquiring business. In addition, Euronet will provide financial serv ...
AI reshaping commerce industry from assisted buying to autonomous transactions: Report
MINT· 2025-12-29 03:10
Core Insights - Artificial Intelligence is transforming the commerce sector by evolving from a research tool to an active participant in transactions, enabling AI agents to independently complete purchases for consumers and businesses [1][5] Group 1: AI in Consumer Transactions - AI is being utilized to assist consumers in various tasks, such as preparing weekly dinner plans, suggesting recipes, and creating shopping lists based on past purchases and preferences [3] - Consumers can instruct AI agents to plan vacations, research travel options, secure reservations, and make purchases aligned with their style and budget [7] - The concept of agentic commerce is gaining traction, with 15% of businesses very familiar and 72% somewhat familiar with it, indicating a growing awareness of AI's capabilities in making purchases without repeated authorizations [6] Group 2: AI in Business Operations - Businesses initially adopted AI for customer service and back-office operations, focusing on cost reduction and improved engagement through natural language tools [5] - AI agents can manage supplies, renew or cancel subscriptions, oversee maintenance, and process payments, enhancing operational efficiency and security through tokenized purchases [4] - The shift towards AI as an autonomous agent for consumers is becoming more pronounced, indicating a significant evolution in how businesses leverage AI technology [5][8]
FIS agrees to pay $210M settlement
Yahoo Finance· 2025-12-23 14:28
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: Fidelity National Information Services agreed last week to pay $210 million to settle a lawsuit brought against it by investors over its $35 billion-dollar purchase of the merchant services firm Worldpay, according to a spokesperson for plaintiffs’ lawyers at the firm Labaton Keller Sucharow. Under terms of the Dec. 17 legal agreement, the recovery i ...
Euronet Wins Mastercard Excellence in Agility Award for Rapid, Bank-Grade Credit Issuance
Globenewswire· 2025-12-18 14:00
LEAWOOD, Kan., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Euronet (NASDAQ: EEFT), a global leader in payments processing and cross-border transactions, has received Mastercard’s Excellence in Agility award for credit issuance. The recognition reflects the impact of Euronet’s acquisition of CoreCard, which has expanded the company’s issuing capabilities and enabled significantly faster deployment of regulated Mastercard credit programs. Key factors that led to Euronet winning the award include the following: Euronet ...
Block, Inc (XYZ) Discussed Multiple Times By Analysts
Yahoo Finance· 2025-12-17 20:24
We recently published 10 Best SaaS Stocks Trading at a Discount. Block, Inc. (NYSE:XYZ) is one of the best SaaS stocks trading at a discount. Block, Inc. (NYSE:XYZ) is a well-known payments processing and financial technology company. Over the past couple of weeks, the firm has been at the center of attention of several analysts. For instance, on December 8th, TD Cowen kept a Buy rating on the stock and kept a $91 share price target for the firm. It called Block, Inc. (NYSE:XYZ) a “Best Idea for 2026,” d ...
Is Dlocal (DLO) The Best Small-Cap Stock to Buy Now?
Yahoo Finance· 2025-11-27 14:00
Core Insights - Dlocal Ltd (NASDAQ:DLO) is recognized as one of the best small-cap stocks with significant potential, particularly favored by Reddit investors due to its management, revenue growth, and expanding total addressable market [1][2]. Financial Performance - In Q1 2024, Dlocal reported a 49% increase in payment volumes and a 34% rise in revenues, but gross profit only grew by 2% due to high processing costs [3]. - The company has been investing in scaling and enhancing its functionality, which has negatively impacted profitability [3]. Market Sentiment - Redditors express optimism about Dlocal's potential for increasing profit margins through cross-selling additional services, which could lead to a higher valuation multiple [2]. - Despite the current challenges, Dlocal is viewed as a leading payments processing company in emerging markets, with expectations for continued growth and improved profitability under strong management [3].
Fiserv shareholders sue again
Yahoo Finance· 2025-11-13 10:00
Core Viewpoint - Fiserv is facing a shareholder lawsuit alleging that it misled investors regarding its revenue growth potential, particularly following a revision of its organic revenue growth guidance for 2025 [1][2]. Group 1: Lawsuit Details - A lawsuit was filed in a Wisconsin federal court claiming that Fiserv's earnings forecasts were based on faulty data, leading investors to purchase stock at "artificially inflated prices" [2]. - The lawsuit centers on Fiserv's July revision of its revenue growth guidance, which was initially set between 10% and 12% for 2025 but was later adjusted to just 10% [2][3]. - The complaint states that Fiserv's previous guidance was based on assumptions that were "objectively difficult to achieve," as admitted by the company in October [3]. Group 2: Company Response and Leadership Changes - Fiserv attributed the guidance revision to delays in initiatives and projects but maintained that the initial guidance was fundamentally sound [3]. - Following a disappointing earnings call, Fiserv underwent a C-suite shuffle, replacing former CFO Robert Hau with Paul Todd [4]. - A company spokesperson stated that Fiserv disagrees with the claims and will vigorously defend itself in the lawsuit [4]. Group 3: Stock Performance and Legal Representation - Fiserv's stock experienced a significant decline, dropping about 60% this year, particularly after the disappointing earnings report on October 29 [6]. - The lawsuit was filed by law firms Hagens Berman, Gainey McKenna & Egleston, and Scott and Scott, which are soliciting clients who purchased shares between July and October [5][6].
Newtek Merchant Solutions Hires Justine Martin as Chief Revenue Officer
Globenewswire· 2025-11-05 18:47
Core Insights - NewtekOne, Inc. has appointed Justine Martin as Chief Revenue Officer of its subsidiary Newtek Merchant Solutions, LLC, focusing on enhancing integration across payments, banking, and lending functions [1][3] - Martin brings over 30 years of experience in the payments processing industry, primarily from Bank of America's Merchant Services division, where she successfully led sales teams and drove client and revenue growth [2] - The company aims to redefine payment processing for independent business owners by offering a comprehensive, integrated solution that simplifies transactions and financial management [3] Company Overview - NewtekOne, Inc. is a financial holding company providing a wide range of business and financial solutions to independent business owners across the United States since 1999 [4] - The company's offerings include banking, business lending, electronic payment processing, accounts receivable financing, insurance solutions, and technology solutions [5] Strategic Goals - The company seeks to empower clients with a seamless payment processing experience, integrating various payment methods and providing real-time information to help businesses understand their operations better [3] - NewtekOne differentiates itself from traditional banks by offering lower-cost, comprehensive solutions tailored for small businesses, aiming to enhance client satisfaction and operational efficiency [3]