ShipBob is reportedly planning to launch its initial public offering (IPO) as soon as late 2024. The listing could value the eCommerce fulfillment service provider at about $4 billion, Bloomberg reported Friday (April 19), citing unnamed sources. The firm has tapped J.P. Morgan Chase to...
With consumers struggling under ongoing financial challenges, many may find credit card surcharges to be the proverbial straw that breaks the camel’s back, leading them to be less loyal to favorite merchants. In PYMNTS’ Q1 eBook, “The Implications of Uncertainty,” which draws on advice and observations...
The rise of the Click-and-Mortar™ shopper in Brazil may give some tailwind to the use of Pix, the instant payment system that became operational in the country in late 2020. The data tell the story as to the platform’s use: As detailed by Brazil’s central...
PYMNTS Intelligence has closely watched the two leading U.S. retail giants — Amazon and Walmart — duke it out since 2019, sharing our findings in regularly released reports. As our most recent edition of Whole Paycheck Report, “New Consumer Spend Data Finds Amazon Way Ahead...
A German regulator has reportedly concluded that EY’s audit work and quality control regarding the now-defunct payments firm Wirecard was marked by “grave” and “repeated” violations of professional duties. The regulator, Apas, said this in a review that was published Friday (April 19) and ended a multiyear...
Whether it’s a viral Instagram post, an informative YouTube video, or a thought-provoking blog article, content creators are playing a pivotal role in shaping online narratives, engaging audiences and driving business outcomes in the connected economy. In response to this growing trend, there has been...
Modern 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 B2B payments innovation is increasingly top of mind for both buyers and suppliers. After...
This week, an official with the Financial Conduct Authority (FCA), an agency tasked with overseeing firms and markets in the U.K., compared her job to that of a juggler. “Juggling is, at least metaphorically, a skill we regulators have to master,” said Sarah Pritchard, executive...
Forage and Uber Eats have partnered to offer online purchasing and delivery of groceries to Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) recipients. The partnership will offer SNAP EBT grocery delivery to eligible grocery partners on the Uber Eats platform across the United States, the companies...
