Today on PYMNTS

Earnings
DoorDash Reports Record-High Orders as Consumers Seek Digital Solutions, Convenience

DoorDash set new company records across several metrics in the first quarter as it continued...

Security & Fraud
Complaints of Fraud Targeting Older Americans Rose 14% in 2023

Fraud targeting older Americans’ money or cryptocurrency increased by double-digit percentages in 2023. The...

Earnings
Carvana’s Inventory ‘Constrained’ as Online Used Car Retailer Posts Record...

Online used car retailer Carvana reported “milestone” first quarter (Q1) results on Wednesday (May 1),...

Earnings
EBay Targets Gains in Back Half of 2024 Amid ‘Tough’...

EBay’s gross merchandise volume (GMV) eked out slight gains in the most recent quarter,...

Point of Sale
Report: Epos Now Considers Sale of Minority Stake, Other Options

Epos Now is reportedly considering a sale of a minority stake in the business and...

Earnings
Upwork Believes AI is the Future of Work

Against a challenging macro backdrop, freelance work matters more than ever.  And the innovations...

Google
Google Lays Off 200 in Core Unit as Reorganization Continues

Google has reportedly reorganized its Core unit, which builds the technical foundation behind the company’s...

Partnerships
Report: Kroger and Disney Exploring Streaming Service Offering

Kroger and Walt Disney Co. are reportedly exploring a partnership that would offer the Disney+ streaming service to subscribers of...

Healthcare
Nearly One-Third of Healthcare Providers Are Waiting for $100K+ in...

Late business-to-business (B2B) payments aren’t just a headache for the people in the accounts...

artificial intelligence
Lemonade Sees AI Drive Efficiency as Insurance Goes Digital-First

Digital insurance platform Lemonade said its AI investments continue to bear fruit. The company’s latest shareholder letter...

Legal
FTC Announces $10M Settlement With BlueSnap, 2 Former Executives

The Federal Trade Commission (FTC) has announced a settlement with payment processing company BlueSnap and its former CEO Ralph Dangelmaier...

Retail
Consumers Aren’t Buying Many Handmade Trinkets Amid Economic Concern

As consumers continue to feel the economic strain, they are cutting back on buying...

Social Commerce
Platforms Put Creators’ Financial Success on Fast Track

The creator economy landscape is rapidly evolving, with platforms and companies vying to support...

Retail
Estée Lauder Targets New Customers With Amazon Storefront, ‘Creator Council’

Estée Lauder Companies’ debut of its first brand on the U.S. Amazon Premium Beauty store has “greatly exceeded”...

Earnings
Kraft Heinz Sales Dip as Lower-Income Consumers Feel Squeezed

Cautious lower-income consumers and slower restaurant sales are squeezing Kraft Heinz. The packaged food product...

Regulation
Report: Block Faces DOJ Probe Over Alleged Compliance Lapses

Block, owner of Cash App and Square, is reportedly facing a Department of Justice investigation. Federal prosecutors are in discussions with...

artificial intelligence
Anthropic Expands Enterprise Offering With Claude Chatbot on iPhone

Artificial intelligence (AI) company Anthropic is launching its first smartphone app and a new...

SMBs
68% of Main Street SMBs Leveraging Social Media See Increasing...

Since April 2021, most Main Street small to mid-sized businesses (SMBs) in the U.S....

Fraud Prevention
Consumers Demand Anti-Fraud Tools From eCommerce Merchants

As scammers and fraudsters become more sophisticated, shoppers are demanding more effective prevention tools...

Accounts Payable
Unimarket Introduces ‘AP Payments as a Service’ for US Customers

Unimarket has introduced its fully managed accounts payable (AP) payments service, Unimarket Payments, to the United...

Earnings
CVS Q1 Earnings Take A Hit From Insurance Venture

The volatile consumer healthcare sector showed up big in CVS’ Q1 earnings Wednesday (May 1),...

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