News

IPO
Report: Instacart to Make IPO Plans Public in Coming Week
August 18, 2023

Online grocery marketplace Instacart is reportedly gearing up for an initial public offering (IPO) as early as September. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Retail
Ross Stores Taps Into Rising Consumer Desire for Budget-Friendly Nonessentials 
August 18, 2023

As inflation exerts its influence on consumer purchasing decisions, off-price retailers are benefiting.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Retail
Walmart and Amazon: A Tale of Two Massive Retailer Earnings
August 18, 2023

The eagerly anticipated earnings release for Walmart beat analyst predictions, showing how efforts by the Bentonville-based retailer to increase market share and grow its customer base may be paying off. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Fintech Investments
Earnings Continue to Dominate as FinTech IPO Index Loses 2.8% and Katapult Slides
August 18, 2023

The FinTech IPO Index slid 2.8%, as earnings continued to come in, particularly from companies based overseas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Merchant Innovation
Citi Ventures’ Zec: ReCommerce Helps Luxury Brands See Second-Life Revenues
August 18, 2023

Etsy, eBay and Craigslist marked the “first generation” of ReCommerce sites — where anybody could sell just about anything to anyone.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
Report: Microsoft’s AI-Powered Chatbot Failing to Gain Search Market Share
August 17, 2023

Microsoft’s addition of an artificial intelligence (AI)-powered chatbot to Bing has reportedly gained it little market share among search engines.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Artificial Intelligence
AI Policy Group Says Promising Self-Regulation Is Same Thing as No Regulation
August 17, 2023

Artificial intelligence (AI) has emerged as the foundational technological innovation of the present era.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Retail
Albertsons, Other Grocers Expand Digital Offerings to Boost Omnichannel Adoption
August 17, 2023

This week in grocery, Albertsons adds nutrition tools to drive digital adoption, The Fresh Market adds prepared meals to its eCommerce site, and eGrocer Hungryroot’s artificial intelligence (AI) drives rapid growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
Comerica Bank Launches New Business Banking Package
August 17, 2023

Comerica Bank has unveiled a new package of solutions for small business and business banking customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...