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
Convenience Drives Non-Cash Users to Pay With Card
April 19, 2024For consumers no longer carrying wallets full of cash, ease and convenience are top of mind, PYMNTS Intelligence reveals. By the Numbers The June 2023 PYMNTS Intelligence study “Consumer Inflation Sentiment Report: ...Read moreThis Week in B2B: Lending Innovations, AI and Digital Payments
April 19, 2024The B2B landscape is on the cusp of the next era in payments innovation. As PYMNTS readers already know, this new and exciting era is being driven by an ongoing digital ...Read moreEU Regulators Set to Accept Apple’s Proposals on Tap-and-Go Tech
April 19, 2024European Union (EU) antitrust regulators are reportedly preparing to approve Apple’s tap-and-go mobile payments system proposals as early as May. The tech company had proposed to open the system to rivals after being accused ...Read moreAffiniPay Expands Payment Processing Solutions to Puerto Rico
April 18, 2024AffiniPay has expanded the availability of its payment processing solutions for attorneys and accounting professionals to Puerto Rico. These solutions, LawPay and CPACharge, are already used by more than 80,000 law and accounting firms in ...Read moreWorldFirst Launches Cross-Border Payment Solution for B2B Trade
April 18, 2024Digital payments platform WorldFirst has debuted a solution to help small businesses speed cross-border payments. WorldTrade, announced Thursday (April 18), is aimed at small and medium-sized enterprises (SMEs) that procure products from suppliers based in ...Read moreMore Payments Friction Coming for Customers
April 18, 2024The recent credit card surcharge agreement brings into focus the impact regulations could have on businesses. Spreedly Vice President of Product Joe Meuse explains what the changes could mean for ...Read moreNext-Gen Fraud Strategies Use Data to Onboard Customers Safely
April 18, 2024Business need to fight fraud with data, says Bryan Lewis, CEO of Intellicheck. He breaks it down in the new PYMNTS eBook, “The Implications of Uncertainty.” Data breaches and mail theft have resulted ...Read moreDigital Payments Turn the Tables on Check Scams
April 17, 2024Despite the prevalence of digital alternatives, checks continue to be a preferred payment method for many organizations. PYMNTS Intelligence research underscores this trend, revealing that checks constitute a significant portion of ...Read moreInterac Acquires Canadian Rights to Vouchr’s Engagement Platform
April 16, 2024Interac has acquired the exclusive Canadian rights to use Vouchr’s engagement platform. This platform allows users to send and receive personalized multimedia notifications along with money transfers, and the deal will enable multimedia ...Read moreCan Legacy B2B Payments Coexist With ISO 20022 Migration Strategies?
April 16, 2024Traditional B2B payments, with end-to-end processes frequently characterized by delays and complexities, remain stubbornly intractable. But with the Federal Reserve Bank of Atlanta highlighting on Monday (April 15) that the Federal Reserve ...Read more
Google Consolidates AI-Building Teams Across Research and DeepMind
April 18, 2024Google is consolidating the teams that focus on building artificial intelligence (AI) models across Google Research and Google DeepMind. All this work will now be done within Google DeepMind, Sundar Pichai, CEO of Google and ...Read moreProposed Federal AI Oversight Plan Faces Hurdles, Experts Say
April 18, 2024Sen. Mitt Romney’s call for enhanced federal oversight of artificial intelligence (AI) faces hurdles, according to experts, who say the technology’s rapid advancement and wide-ranging applications pose significant challenges to ...Read moreDigital Tools Go for Gold at Paris Summer Olympics
April 17, 2024As the 100-day countdown to the 2024 Paris Olympic and Paralympic Games begins, anticipation is not just limited to the athletic feats but also the digital innovations poised to shape the spectator ...Read moreData-Driven Platforms Accelerate Education’s Digital Transformation
April 16, 2024Despite the advancements in classroom technology and increased investments in K-12 education spurred by the pandemic, schools and districts continue to grapple with challenges such as achievement gaps, teacher shortages ...Read moreSolving the Buy-Build-Partner Equation For Cross-Border Payments
April 15, 2024It’s a big world, but ongoing cross-border payments advances are helping make it smaller. That’s because, with the recent news that HighRadius has launched a B2B payments platform designed to improve payment processes across more ...Read moreCisco’s AI Chief Says Technology Will Enhance Workplace Productivity
April 15, 2024From enhancing productivity and efficiency to revolutionizing customer experiences, artificial intelligence (AI) could reshape the future of work and commerce. PYMNTS interviewed Javed Khan, senior vice president and general manager of Cisco Collaboration, ...Read moreOpenAI Hosts Hundreds of Corporate Executives to Demonstrate ChatGPT Enterprise
April 12, 2024OpenAI is reportedly stepping up its efforts to sell its artificial intelligence services to corporates worldwide. The company’s CEO, Sam Altman, hosted meetings this month in San Francisco, New York and London, each ...Read moreWhy It Seems Like Every AI Company is Making Their Own Chip
April 11, 2024Big Tech firms are racing to develop custom chips that supercharge the efficiency and cut costs of artificial intelligence (AI). Meta has launched its latest generation of custom computer chips to enhance ...Read moreWave of AI Models Signals Intense Industry Rivalry
April 11, 2024The rise of several artificial intelligence models indicates a fresh surge in industry rivalry, possibly setting the stage for an array of innovative commercial applications. OpenAI, Google and French startup Mistral AI unveiled the latest ...Read moreAmazon CEO Shareholder Letter Goes Big on AI and AWS
April 11, 2024Amazon CEO Andy Jassy published his 2023 Letter to Shareholders Thursday (April 11), outlining how the company is changing and its goals for the future. It’s a 28-minute read by Amazon’s own count. If you don’t ...Read more
The AP/AR Modernization Mandate: From Self-Assessment to Better B2B Payments
April 19, 2024Modern technology makes modern business strategies possible. And with the news on Thursday (April 18) that Mastercard is bringing its commercial cards to mobile wallets, gaining a competitive edge by embracing ...Read moreWhy the World’s Biggest Buyer Relies on Online B2B Marketplaces
April 19, 2024Digitization is increasingly revolutionizing the B2B landscape with streamlined procurement processes, and even better payments workflows. Don’t believe it? Look no further than the U.S. government, the world’s single largest buyer, ...Read moreGoogle Consolidates AI-Building Teams Across Research and DeepMind
April 18, 2024Google is consolidating the teams that focus on building artificial intelligence (AI) models across Google Research and Google DeepMind. All this work will now be done within Google DeepMind, Sundar Pichai, CEO of Google and ...Read moreProposed Federal AI Oversight Plan Faces Hurdles, Experts Say
April 18, 2024Sen. Mitt Romney’s call for enhanced federal oversight of artificial intelligence (AI) faces hurdles, according to experts, who say the technology’s rapid advancement and wide-ranging applications pose significant challenges to ...Read moreEquifax Says 85% of Its New Models Built With AI
April 18, 2024Consumer credit bureau Equifax said artificial intelligence (AI) is playing an increasing role in its operations. In announcing the company’s quarterly earnings Thursday (April 18), management noted that 70% of the new models and ...Read moreDigital Tools Go for Gold at Paris Summer Olympics
April 17, 2024As the 100-day countdown to the 2024 Paris Olympic and Paralympic Games begins, anticipation is not just limited to the athletic feats but also the digital innovations poised to shape the spectator ...Read moreMercury Expands Into Consumer Banking With Mercury Personal
April 17, 2024Startup-focused banking FinTech Mercury is getting into the consumer banking business. The company has launched Mercury Personal, designed to help builders in the tech sector optimize their money, according to a Wednesday (April 17) ...Read moreAmazon Licenses Just Walk Out Tech in Battle for Grocery Stores’ Loyalty
April 17, 2024Amazon is pushing sales of its Just Walk Out technology even as it pulls back on the checkout system in its own grocery stores, a move that comes as tech ...Read moreDigital Payments Turn the Tables on Check Scams
April 17, 2024Despite the prevalence of digital alternatives, checks continue to be a preferred payment method for many organizations. PYMNTS Intelligence research underscores this trend, revealing that checks constitute a significant portion of ...Read moreIntel and Partners Want to Solve Enterprise AI’s Interoperability Problem
April 17, 2024Few innovations throughout history have progressed as fast as generative artificial intelligence (AI) has. And with the news Tuesday (April 16) that Intel, working with several other industry partners, is collaborating ...Read more