pymnts Profile:
OfferUp
Launched in 2011 by Nick Huzar, former co-founder and CTO of Konnects, Inc., and Arean van Veelen, OfferUp is a mobile-driven local marketplace that competes with companies such as eBay, Craigslist and Facebook Marketplace.
Shein Claims Top Spot in PYMNTS’ Provider Ranking of Shopping Apps
November 7, 2023The holidays are fast approaching, and gifts are on everyone’s minds. With so many shopping apps available, it can be overwhelming to pick one to browse. Fortunately, PYMNTS has you ...Read moreShein and Walmart Vie for Top Spot on Provider Ranking of Shopping Apps
October 16, 2023This month in PYMNTS’ Provider Rankings of Shopping Apps we see Walmart climbing to the top, giving Shein something to fight for. We also see double ties in our lower half but ...Read morePYMNTS Provider Ranking Rates Top Shopping Apps Defining Retail
September 12, 2023The PYMNTS Provider Ranking of Shopping Apps showcases the top-performing apps transforming the shopping experience. This month, there are four ties, and Shein finds itself back in first place. The Top 5 Shein ...Read moreAs Summer Wanes, Shein Shines Atop Shopping App Rankings
August 14, 2023Back to school looms, and shopping — for now, at least — revolves around backpacks, Chromebooks, fall fashion, sneakers and, possibly, stocking up on dorm room snacks. And for the key ...Read moreProvider Ranking of Shopping Apps Shows Brands Hunkering Down for Summer
May 31, 2023You may have clicked this link looking for radical changes of position in PYMNTS’ Provider Ranking of Shopping Apps. Sorry to disappoint, but this is not the month for rank changes. In ...Read moreShein Hauls Its Way to Top of Provider Ranking of Shopping Apps Again
May 8, 2023Been shopping lately? It’s pricey out there. The wise shopper is prepared, and the PYMNTS Provider Ranking of Shopping Apps indicates how those wise shoppers save. Putting our money where our ...Read moreProvider Ranking of Shopping Apps Goes on a Spree of Small Changes
March 20, 2023What’s better than a shopping app? Air. Maybe. See if you don’t agree after perusing this month’s latest listings to see who’s got the mobile shopping mojo. The Top 5 Still at ...Read moreSHEIN and Walmart Share Top Spot Among Shopping Apps Rankings
December 8, 2022In the latest Provider Ranking of Shopping Apps, we find three ties among 13 different retailers, including a neck-and-neck race to claim the top spot and some churn at the bottom ...Read moreNew Shopping App Provider Ranking Packs In Deals and More Deals
May 19, 2022Inflation, schmiflation. People purchase the things they need and want regardless of macroeconomic headwinds and anything else that gets between us and our stuff. Witness the latest PYMNTS Provider Ranking of ...Read moreShopping Apps Provider Ranking All Trading Places and Some Returning Faces
April 19, 2022Lots of movement in PYMNTS Provider Ranking of Shopping Apps this cycle, which we take as a positive sign that despite inflation and war and pandemics, people still want that ...Read more
Mastercard: Tokenized Transactions Grow 50% Year Over Year
May 1, 2024Mastercard said in its most recent earnings report on Wednesday (May 1) that the shift to digital payments from cash is gaining strength, and contactless and tokenized transactions are proving ...Read morePayment Innovations Help Small Businesses Navigate the Main Street Maze
May 1, 2024Payments are the lifeblood of any business, but for small businesses, they are particularly crucial. And with the news that, in the last 12 months, Main Street businesses have operated with ...Read moreGoogle Transitioning Fitbit Pay to Google Wallet in Most Countries
April 30, 2024Google is transitioning its Fitbit Pay contactless payments to Google Wallet in most countries. “Google Wallet is now available for all Fitbit devices that support contactless payments,” a message on the Fitbit Pay web page said. “Fitbit Pay will no ...Read moreOnline Gaming and Instant Payments Drive Entertainment’s Digital Adventure
April 30, 2024In line with the digital transformation sweeping across industries, Six Flags has embarked on a digital transformation initiative aimed at redefining the guest experience in theme parks. Central to this endeavor ...Read moreReal-Time Rental Payments Provide Alternative to Outdated Systems
April 30, 2024More than 34% of Americans rent their homes, representing billions of dollars in monthly rental payments to landlords and property managers. Despite this large sum, rent payments often rely on ...Read moreBoost CEO: Cleaning Up Manual Payments Drives Business Certainty
April 30, 2024In the midst of chaos, there is also opportunity. That quote, from Sun Tzu’s “The Art of War,” dates to the fifth century B.C. But it is just as relevant today, as businesses around the globe ...Read moreReem Finance and Visa Partner on Digital Payments in UAE
April 29, 2024Reem Finance, a financial services provider in the United Arab Emirates (UAE), has partnered with Visa to expand its offering of digital payment solutions. With the new strategic partnership agreement signed by the ...Read moreDigital Wallets Provide Local Touch to Connected Travel Experiences
April 29, 2024Alipay+ unveiled a cross-border payments initiative in a move to boost Hong Kong’s tourism and commerce sector. The platform facilitates transactions for users of 14 overseas mobile wallets and bank apps from nine countries and regions. Among the eWallets ...Read moreBank of America: Digital Makes Healthcare Payments as Easy as Paying Any Other Merchant
April 29, 2024There’s no shortage of analysis these days about the effect inflation has had — and will have — on the banking and payments industry. But there are other implications as ...Read moreEarnings Put Spotlight on Banks’ Full-Scale Digital Transformation
April 26, 2024The shift toward digital channels in financial services shows no signs of slowing down, as evidenced by the latest earnings results from incumbent banks and financial services providers. During the first ...Read more
Anthropic Launches iOS App Featuring AI Chatbot Claude
May 1, 2024Anthropic launched an iOS app featuring its artificial intelligence chatbot, Claude. The app makes the chatbot accessible “from anywhere, any time,” the company said in a Wednesday (May 1) press release. The Claude iOS app syncs with web chats ...Read moreGoogle Confirms It Will Join Global Experts at AI Safety Summit
May 1, 2024As luminaries from academia, government and business prepare to gather in South Korea May 21-22 for the second AI Safety Summit, Google’s attendance is drawing attention. The advanced AI research group Google ...Read moreSamsung Overtakes Apple in Smartphone Sales, Driven by On-Device AI
April 30, 2024Samsung overtook Apple to become the world’s highest-volume seller of smartphones in the first quarter. To become the new holder of the No. 1 spot, Samsung shipped 60 million units during the quarter, independent ...Read moreUS Issues Stark Warning on AI Risks to Critical Infrastructure
April 30, 2024In a bid to safeguard the nation’s vital infrastructure, the federal government is now offering a playbook to help companies navigate the treacherous landscape of cybersecurity, including the brewing dangers lurking ...Read moreGrocery Shoppers Across Continents Demand Personalized Rewards
April 30, 2024No matter which side of the Atlantic they are on, grocery shoppers want loyalty programs with smarter, more relevant messaging, and merchants across the United Kingdom and the United States are ...Read moreAWS Launches GenAI-Powered Assistants for Software Development, Business Decision-Making
April 30, 2024Amazon Web Services (AWS) announced the general availability of its generative artificial intelligence-powered assistants for software development and business decision-making. One assistant, Amazon Q Developer, generates code, tests, debugs and implements new code ...Read moreTether Acquires Majority Stake in Brain-Computer-Interface Developer Blackrock Neurotech
April 29, 2024Tether, the company behind the stablecoin USDT, has announced a strategic investment in Blackrock Neurotech, a pioneer in brain-computer-interface (BCI) technology. The $200 million investment grants Tether a majority stake in the ...Read moreConduent Forms Generative AI Partnership With Microsoft
April 29, 2024Business solutions and services company Conduent launched an artificial intelligence-focused agreement with Microsoft. The partnership, announced in a Monday (April 29) press release, will begin by exploring generative AI use for healthcare claims management, customer service ...Read moreIs GPT-5 on the Horizon? Experts Ponder OpenAI’s Next Chatbot Possibilities
April 29, 2024OpenAI may be close to unveiling ChatGPT-5, its latest iteration of large language models, and the artificial intelligence (AI) world is buzzing with possibilities. The potential release of GPT-5 by OpenAI ...Read moreSmall Business Transformations Put the AI in Main Street
April 29, 2024Small businesses with big ambitions are turning to artificial intelligence (AI) to drive growth. That’s because, with 2024’s National Small Business Week already on day two, the ways in which embracing next-generation ...Read more
Anthropic Launches Claude Chatbot App, Expands Enterprise Offering
May 1, 2024Artificial intelligence (AI) company Anthropic is launching its first smartphone app and a new enterprise subscription plan to expand the reach of its Claude chatbot. The San Francisco-based company, which focuses ...Read moreConsumers Demand Anti-Fraud Tools From eCommerce Merchants
May 1, 2024As scammers and fraudsters become more sophisticated, shoppers are demanding more effective prevention tools from their eCommerce merchants. By the Numbers The PYMNTS Intelligence study “Fraud Management, False Declines and Improved Profitability,” ...Read moreAnthropic Launches iOS App Featuring AI Chatbot Claude
May 1, 2024Anthropic launched an iOS app featuring its artificial intelligence chatbot, Claude. The app makes the chatbot accessible “from anywhere, any time,” the company said in a Wednesday (May 1) press release. The Claude iOS app syncs with web chats ...Read moreGoogle Confirms It Will Join Global Experts at AI Safety Summit
May 1, 2024As luminaries from academia, government and business prepare to gather in South Korea May 21-22 for the second AI Safety Summit, Google’s attendance is drawing attention. The advanced AI research group Google ...Read moreInformation Sector Loses 4,000 Jobs While Overall Employment Grows
May 1, 2024Nine out of 10 industry sectors monitored by ADP posted job gains in April. The sole exception was the information sector, which lost 4,000 jobs during the month, the human resources ...Read morePayments FinTech SumUp Gets $1.6 Billion Private Credit Loan
May 1, 2024British payments FinTech SumUp is reportedly looking to expand following a $1.6 billion loan. The private credit package will allow SumUp “to refinance existing debt, as well as have firepower to take advantage of ...Read moreInsurance Sector Moves Digital-First to Support Shifts in Buyer Behavior
May 1, 2024The insurance industry, often perceived as lagging in innovation and adapting to consumer needs, is undergoing a notable transformation. Traditionally reliant on agents for product sales, the industry is seeing a ...Read moreEra of AI Uncertainty Calls for Reliable Anchors of Data
May 1, 2024Because business leaders rely on data to make critical decisions, they must be sure the data can be trusted, AI-ID CEO Shaunt Sarkissian writes in the new PYMNTS eBook, “The ...Read moreSamsung Overtakes Apple in Smartphone Sales, Driven by On-Device AI
April 30, 2024Samsung overtook Apple to become the world’s highest-volume seller of smartphones in the first quarter. To become the new holder of the No. 1 spot, Samsung shipped 60 million units during the quarter, independent ...Read moreUS Issues Stark Warning on AI Risks to Critical Infrastructure
April 30, 2024In a bid to safeguard the nation’s vital infrastructure, the federal government is now offering a playbook to help companies navigate the treacherous landscape of cybersecurity, including the brewing dangers lurking ...Read more