Mondelēz International is seeing its growing eCommerce business lead to share gains against competitors. The confectionary, snack and food giant, which owns a range of popular brands including Oreo, Clif, Ritz and many others, shared on a call with analysts Wednesday (Nov. 1) discussing its...
Nuvei has become the first acquirer to sell American Express’ open banking payment method. The collaboration, announced Thursday (Nov. 2), will see Nuvei promote Pay with Bank transfer (PwBt), which lets consumers carry out transactions from their bank accounts without needing to enter card details...
PayPal’s new stablecoin offering has caught the attention of regulators. The payments giant said in a regulatory filing Thursday (Nov. 2) that it had received a subpoena from the Security and Exchange Commission’s (SEC) Division of Enforcement that was related to its stablecoin. “The subpoena...
David’s Bridal, a key player in the world of wedding attire, started its journey down the aisle in 1950, founded by David Reisberg. Over the years, it’s had its fair share of gown-changing ownerships, evolving to meet the ever-shifting wedding industry trends. The company faced...
Instacart is expanding its AI-powered smart cart program through a new partnership with Geissler’s Supermarkets. The collaboration, announced in a news release provided to PYMNTS Thursday (Nov. 2), will bring Instacart’s Caper Carts to all seven Geissler’s stores in Connecticut and Massachusetts, with plans to replace the...
The steady drumbeat of legislation and regulation echoes through federal buildings in Washington, D.C. and through state capitols across the country. Kim Ford, senior vice president of government relations at Fiserv, told PYMNTS’ Karen Webster that things are different now for FinTechs and for financial institutions...
Change is a constant factor, a reality that can even unsettle the most renowned brands, forcing them to confront various challenges, as is the case with Estée Lauder Companies. In an earnings call Wednesday (Nov. 1), Estee Lauder revealed a slower-than-expected recovery in prestige beauty,...
Apple has reached a significant milestone in the Indian smartphone market by recording its highest-ever quarterly shipments in the third quarter. Surpassing 2.5 million units, Apple’s achievement comes at a time when the Indian smartphone market is showing signs of recovery after a period of decline,...
Quarter after quarter, Etsy continues its mission to become a go-to destination for high-quality, affordable, reliable and convenient merchandise. This holds true despite the challenging environment for consumer discretionary spending, according to Josh Silverman, CEO of Etsy, who said Etsy has been able to gain...
