By partnering with major grocers such as Albertsons, contextual commerce platform Chicory is expanding eGrocery audiences, enabling retailers to reach new customers across more parts of their web browsing routines. In an interview with PYMNTS following the platform’s announcement of its partnership with the grocery giant, Nick Minnick, vice president of...
Artificial intelligence isn’t changing just one thing; it is changing everything. Companies in safety-critical areas like finance, healthcare and the security sector are moving carefully in developing and integrating the technology. After all, if AI goes wrong — it can go quite wrong — at...
Online bank transfers, also known as pay-by-bank transfers, can be used to pay recurring bills and are the third most frequently used for this purpose after debit and credit cards. Adoption is steadily growing for online purchases, with 35% of consumers using online bank transfers...
Brands are realizing that virtual platforms offer more than just a storefront for pushing products — they’re seeing the potential for spaces to merchandise ideas. The popular online platform Roblox, which allows users to create and play games, has emerged as an appealing avenue for...
Walmart, best known for offering products at wallet-friendly prices through its extensive network of physical stores, is setting records this month, driven by the success of its grocery offerings that continue to attract shoppers. Meanwhile, Amazon isn’t satisfied with its penetration of the grocery sector...
Loyalty programs are evolving to meet consumers’ changing values, Engage People Chief Technology Officer Len Covello told PYMNTS. Loyalty has shifted from the typical interaction of earning some type of currency — air miles, for example — that are ultimately redeemed after being accumulated over...
The earnings deluge is what moved names this past week — and for the FinTech IPO Index, the movement was mostly to the downside. The index lost 1.8%, led by Oportun Financial, whose shares plunged by 55.8%. The company said this week that it is laying...
At its core, legal work demands meticulous attention to detail, extensive research and nuanced argumentation — intellectually rigorous and time-consuming tasks. The complexity of legal work has historically deterred the use of technology because tools to organize and interpret it were simply unavailable. However, the...
B2B payments are increasingly finding themselves in the spotlight, and for good reason. The complex and massive space is increasingly benefitting from the trickledown consumerization of payments, and enjoying new transactional innovations that come with digitization and automation. Slowly, if surely, these 21st century advances and their...
