Zuckerberg Doubles-Down on Costly Metaverse Bet as Stock Slumps to 7-Year Low
Zuckerberg Doubles-Down on Costly Metaverse Bet as Stock Slumps to 7-Year Low
October 26, 2022  |  Meta

Another quarter, another huge earnings miss, another massive profit slide, and another nearly 20% drop in Meta’s share price. Get the Full Story Complete the...

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LendingClub’s Digital Bank Deposits Soar 80% as Interest Rates Rise 
LendingClub’s Digital Bank Deposits Soar 80% as Interest Rates Rise 
October 26, 2022  |  Banking

LendingClub’s latest results, in the words of CEO Scott Sanborn, tell a story of “two halves” of 2022 as interest rates continue to soar: Get...

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Industrial Metaverses Are Useless Without IoT’s Real-Time Data
Industrial Metaverses Are Useless Without IoT’s Real-Time Data
October 26, 2022  |  Metaverse

In the digital twin breweries Anheuser-Busch InBev is building in a private industrial metaverse, a sensor will tell the brewmaster if a vat of beer...

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Alcohol Brands Mull D2C Conversion to Regain Control of Customer Data
Alcohol Brands Mull D2C Conversion to Regain Control of Customer Data
October 26, 2022  |  eCommerce

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Synchrony Q3 Delinquencies Hint at Paycheck-to-Paycheck Consumer Pressures
Synchrony Q3 Delinquencies Hint at Paycheck-to-Paycheck Consumer Pressures
October 26, 2022  |  Credit Cards

Every earnings season tells a tale. So far the storyline is that consumers remain buoyant, are still willing to open their wallets and wield credit...

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American Orthodontics Launches B2B eCommerce Site
American Orthodontics Launches B2B eCommerce Site
October 26, 2022  |  eCommerce

Orthodontic product manufacturer American Orthodontics has launched a B2B eCommerce site designed to simplify and streamline the buying experiences for both its sales force and...

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Report: CFTC Commissioner Says More Authority Needed to Regulate Crypto
Report: CFTC Commissioner Says More Authority Needed to Regulate Crypto
October 26, 2022  |  Cryptocurrency

Regulation by the U.S. Commodity Futures Trading Commission (CFTC) may be the answer for dealing with the risk associated with cryptocurrency as more traditional financial...

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39% of US Consumers Now Use at Least One FinTech Service
39% of US Consumers Now Use at Least One FinTech Service
October 26, 2022  |  Digital Banking

Neobanks, nonbanks, and a host of other constructs fall under the heading “FinTech,” and while broadly popular with the digital-first economy, specific user profiles emerge...

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Shoe Brands Compete for Digital Sales as D2C Volumes Grow
Shoe Brands Compete for Digital Sales as D2C Volumes Grow
October 26, 2022  |  eCommerce

Footwear giant Skechers is seeing its eCommerce investments pay off. The company shared Tuesday (Oct. 25) in its third-quarter 2022 earnings announcement that direct-to-consumer (D2C)...

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