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
Digital Wallets Need to Remove Frictions to Increase Usage for Bill Pay
March 28, 2024Digital bill payment has become routine for most consumers, offering them extensive firsthand experience with the frustrations and challenges with these payments. Fraud, friction, limited payment options and slow payment ...Read moreQira Launches Security Deposit Payment Plan Solutions for Property Managers
March 27, 2024Qira has added security deposit payment plans to its financial services platform for renters and property managers. With this new offering, property managers can let their renters choose between using a ...Read moreHow B2B Players Can Account for Gen Z Decision Makers
March 26, 2024Driven by digitalized operating models, today’s B2B procurement processes are hardly recognizable to those just five years ago. While that’s good news for younger B2B buyers and Generation Z decision-makers, it ...Read moreVisa: Tokens Bring $2 Billion ‘Uplift’ to Asia-Pacific Economy
March 26, 2024Visa said its token service has been a boon for the Asia-Pacific region’s digital economy. The region saw an “uplift” of more than $2 billion last year due to Visa token service (VTS) adoption, ...Read moreBanks Invest in Digital Differentiation to Remain Relevant
March 26, 2024If video killed the radio star, then what has digitization done to the banking landscape? Well, some observers believe it may have just given the industry a new lease on ...Read moreJ.P. Morgan Payments and Expedia: Platform Ecosystems Demand Treasurers Become Risk Management Professionals
March 25, 2024Jim Scurlock, senior director and assistant treasurer at Expedia, and Larson McNeil, co-head of marketplaces and digital ecosystems at J.P. Morgan Payments, told Karen Webster that the role of the ...Read moreMastercard’s Partnership With Alipay Connects Digital Wallets to Cross-Border Payments
March 25, 2024Alan Marquard, head of transfer solutions at Mastercard, told PYMNTS that remittances are ripe for continued transformation — to digital channels, and to digital wallets, which make international fund flows ...Read moreFrom Crypto to Coffee, Digital Wallets Signal Shifting Financial Landscape
March 22, 2024With Thursday’s (March 21) Department of Justice (DOJ) antitrust suit against Apple, digital wallets are top of mind. And moving over to the Web3 space, on Wednesday (March 20) Bitget Wallet, ...Read moreVirtual Real Estate Tours Gain Traction Amid Continued Surge in All-Cash Sales
March 22, 2024Despite the proliferation of digital innovations transforming various sectors, the real estate market has remained largely reliant on traditional payment methods, with cash transactions dominating the landscape. Recent data from ATTOM, ...Read moreFiserv: Online Authentication Is ‘Moment of Truth’ for Banks and Merchants
March 21, 2024Jason Paguandas, vice president and general manager, merchant security and fraud at Carat from Fiserv , told Karen Webster that while the technologies may be changing, the password is still ...Read more
For Banks to Compete With FinTechs, They Need to Act Like One
March 28, 2024The financial services landscape is an inherently customer-centric one. Within it, the winds of change around customer behavior and expectations about their banking relationships and financial journeys have been blowing stronger ...Read moreChief Reality Officer? CFOs Remain Source of Truth Amid Financial Uncertainty
March 28, 2024With great change comes great opportunity. And as the business landscape undergoes a rapid transformation, it has brought with it a broader shift in the expectations placed upon financial executives. Once ...Read moreAmazon Expands Investment in AI Firm Anthropic to $4 Billion
March 27, 2024Amazon made an additional $2.75 billion investment in Anthropic, bringing its total investment in the artificial intelligence company to $4 billion. The new investment joins the initial investment of $1.25 billion that Amazon made in ...Read moreWho Will Win the Battle for Generative AI?
March 27, 2024OpenAI’s remarkable success with ChatGPT has sent shockwaves through the tech world, sparking a fierce race to build the next generation of large language models (LLMs). Rivals are multiplying, aiming to challenge ...Read moreBank of America: Digital Evolution Demands ‘High-Tech and High-Touch’ Approach
March 27, 2024Rich Clow, managing director and head of innovation and strategy, Global Payments Solutions, Bank of America, told PYMNTS that omnichannel demands are pointing banks toward a seamless continuum of digital and ...Read moreHow Digital Solutions Are Giving Freight Industry a Modern Lift
March 26, 2024Historically, freight forwarding has been a complex and labor-intensive process, characterized by manual paperwork, fragmented communication channels and numerous intermediaries. However, the emergence of digital platforms and innovative technologies is revolutionizing ...Read moreAmazon Pharmacy Expands Same-Day Delivery to New York, Los Angeles
March 26, 2024Amazon Pharmacy expanded its same-day delivery of prescription medication to New York City and the greater Los Angeles area. These cities join five others in which this service is already available: Austin, ...Read moreCredit Unions Cure Churn With Enterprise Focus on Innovation
March 26, 2024In a world where big banks have long dominated the financial landscape, a quiet revolution is underway. Credit unions (CUs), those member-owned financial cooperatives that have always prided themselves on their ...Read moreCFOs Future-Proof Operations With Data-Driven Decisions
March 26, 2024The evolution of the CFO role reflects the changing landscape of the business world. From strategic planning and investing in technological innovation, to ensuring effective risk management in light of the ...Read moreDigital Public Infrastructure Efforts Promise Safer, Connected Spaces
March 25, 2024As societies become increasingly interconnected and reliant on digital tools, governments are recognizing the need to adapt and innovate to meet the evolving needs of their citizens. In this context, the ...Read more
AI Proves Effective in Stopping eCommerce Returns Fraud
March 28, 2024Returns are a cost of doing business for all merchants. If not handled well, they can present a point of friction, disappointing customers so much that they’re discouraged from shopping with ...Read moreFor Banks to Compete With FinTechs, They Need to Act Like One
March 28, 2024The financial services landscape is an inherently customer-centric one. Within it, the winds of change around customer behavior and expectations about their banking relationships and financial journeys have been blowing stronger ...Read moreChief Reality Officer? CFOs Remain Source of Truth Amid Financial Uncertainty
March 28, 2024With great change comes great opportunity. And as the business landscape undergoes a rapid transformation, it has brought with it a broader shift in the expectations placed upon financial executives. Once ...Read moreGather AI Raises $17 Million for AI-Powered Inventory Monitoring
March 27, 2024Gather AI has raised $17 million to scale its computer vision and AI-powered warehouse inventory monitoring offerings. The Series A-1 round, announced Wednesday (March 27), will be used to scale operations as Gather AI ...Read moreAmazon Expands Investment in AI Firm Anthropic to $4 Billion
March 27, 2024Amazon made an additional $2.75 billion investment in Anthropic, bringing its total investment in the artificial intelligence company to $4 billion. The new investment joins the initial investment of $1.25 billion that Amazon made in ...Read moreWho Will Win the Battle for Generative AI?
March 27, 2024OpenAI’s remarkable success with ChatGPT has sent shockwaves through the tech world, sparking a fierce race to build the next generation of large language models (LLMs). Rivals are multiplying, aiming to challenge ...Read moreReport: DoorDash Boosts Voice AI With Standard AI Hires
March 27, 2024DoorDash is reportedly hiring to strengthen its AI-powered voice ordering product for restaurant customers. Senior members of artificial intelligence (AI) startup Standard AI — including former CEO Jordan Fisher and co-founders Brandon Ogle and ...Read moreGoogle Shopping Debuts Personalized Style Recommendations
March 27, 2024Google has begun rolling out a feature that gives shoppers more personalized results. As the search giant announced in a Wednesday (March 27) blog entry, the service will launch first in the ...Read moreBank of America: Digital Evolution Demands ‘High-Tech and High-Touch’ Approach
March 27, 2024Rich Clow, managing director and head of innovation and strategy, Global Payments Solutions, Bank of America, told PYMNTS that omnichannel demands are pointing banks toward a seamless continuum of digital and ...Read moreHow Digital Solutions Are Giving Freight Industry a Modern Lift
March 26, 2024Historically, freight forwarding has been a complex and labor-intensive process, characterized by manual paperwork, fragmented communication channels and numerous intermediaries. However, the emergence of digital platforms and innovative technologies is revolutionizing ...Read more