Constructor has unveiled a new solution to optimize product discovery and search result relevance on its platform for enterprise eCommerce companies. The new Attribute Enrichment combines raw product catalog data with buyers’ behavioral data to correct and auto-enrich product attributes, the firm said in a Wednesday (July 26) press...
America’s consumer watchdog says it’s uncovered deception and abuse in several consumer financial products. The Consumer Financial Protection Bureau (CFPB) released a report Wednesday (July 26) that found illegal tactics at work in the auto lending, medical debt and payday loan sectors. “Today’s report furthers...
As aggregators and restaurants start to test drones and sidewalk rovers to reduce the labor cost of on-demand delivery, consumers are not convinced they can trust these robots. By the Numbers For PYMNTS’ exclusive report, “Connected Dining: The Robot Will Take Your Order Now,” we...
An Amazon artificial intelligence (AI) service that was announced in April is reportedly being tried by thousands of users. The service, which is called Amazon Bedrock and is offered by the cloud division Amazon Web Services (AWS), competes with offerings from the cloud businesses of Microsoft and Google and allows businesses to create applications with...
A bill now in the U.S. House of Representatives would make it law that not all digital assets are securities. So said House Financial Services Committee (HFSC) Chairman Patrick McHenry in opening remarks made Wednesday (July 26) ahead of a markup of the “Financial Innovation and Technology [FIT] for the 21st Century Act.”...
Selling Grubhub might be easier said than done for owner Just Eat Takeaway. “We’re talking to buyers still, but it’s a very difficult M&A situation currently,” Jitse Groen, the Dutch delivery giant’s CEO, told Bloomberg News in an interview published Wednesday (July 26). “It’s all very easy on Excel sheets, it’s...
The generative artificial intelligence (AI) arms race leaderboard is neck and neck. It hasn’t even been a full calendar year since the technology was first commercialized at scale by Microsoft and OpenAI, and already the titles of winner, loser and upstart are trading hands among...
Small and medium-sized businesses (SMBs), which play a crucial role in powering the U.S. economy, are facing increasing difficulties in accessing working capital and other financing. In fact, according to the 2023 PYMNTS report titled “Main Street Health Q2 2023: Credit’s Key Role in SMBs’ Plans,”...
During the second quarter of 2023, LVMH’s portfolio brand Loewe secured the top spot on Lyst Index — a quarterly report that considers Lyst shoppers’ behavior, which includes searches on and off the platform, product views, and sales data. But despite claiming the top spot, and...
