May 05, 2024
Report: Private Equity Pushing Onto Bank’s Low-Risk Loan Turf
Private equity companies are reportedly stepping up efforts to compete with banks on low-interest loans. For example, the Financial Times (FT) reported last week, Apollo Global has increased its long-term forecasts for...
May 03, 2024
Google Asks Judge to Reject Proposed Changes to App Store
Google reportedly asked a judge to reject an Epic Games proposal that would reform how the Google Play store operates. Google said in a Thursday (May 2) court filing that the proposal “would make it...
May 02, 2024
Apple’s Quarter Beat Muted Expectations, but China and AI Battlefields...
The bar was, arguably, low coming into Apple’s latest earnings report. And the tech giant stepped over that bar, spurring investors to breathe a sigh of relief, sending shares up...
May 02, 2024
Worldpay Launches Tap-to-Pay Offering for Merchants
Payment facilitators (PayFacs) using Worldpay’s services can now offer their merchants tap-to-pay on iPhone. The payments technology firm said in a Thursday (May 2) press release that two of its PayFac...
May 02, 2024
55% of High-Earning Consumers and 79% of Gen Z Use...
Whether shopping online or in person, an increasing number of consumers are embracing digital wallets. But the appeal of digital wallets — which include Apple Pay, Google Wallet, PayPal and others — doesn’t end with...
May 01, 2024
EU Antitrust Regulators Investigate Apple’s Mobile Payment System
The European Commission has intensified its scrutiny of the company’s mobile payment system. EU antitrust regulators are now seeking further information on Apple’s practices, indicating a concerted effort to close...
April 30, 2024
TikTok Shop Marks 500,000+ Merchants in the US
TikTok saw its U.S. eCommerce merchant base more than double at the end of 2023. The social media platform says TikTok Shop had more than 500,000 merchants selling to American users at the...
April 30, 2024
When Consumers Buy Electronics, Online Marketplaces Beat Physical Stores
Typically, consumers’ preferred purchasing channel remains the physical store, but when it comes to buying electronics, shoppers turn to third-party marketplaces for affordability and convenience. By the Numbers The new PYMNTS Intelligence...
April 30, 2024
LTK Adds New, Longer-Format Videos to Commerce Platform for Creators
LTK now offers new, longer-format videos on its commerce platform for creators. The company has also added a new Products Tab and Link Optimization technology, LTK said in a Tuesday...