Payments FinTech Fiserv says it’s letting cardholders redeem points for Amazon purchases. The offering, announced Thursday (July 27), allows cardholders at financial institutions that are part of Fiserv’s uChoose rewards program and enrolled in the Amazon Shop with Points program to redeem rewards points for all or part of their qualifying...
Ultrafast grocery company Getir is exiting three European markets as it focuses on profitability. The Turkish startup announced Thursday (July 27) it plans to withdraw from Italy, Portugal and Spain “in an orderly manner,” according to an announcement provided to PYMNTS. “At the same time, Getir is...
Consumers’ spending behavior has slowed down, which is causing concern among retailers. Although they are still making purchases, the rate at which they are doing so falls short of what retailers desire. To address this challenge, brands and retailers are focusing on refining their product...
Constructor has unveiled a new solution to optimize product discovery and search result relevance on its platform for enterprise eCommerce companies. The new Attribute Enrichment combines raw product catalog data with buyers’ behavioral data to correct and auto-enrich product attributes, the firm said in a Wednesday (July 26) press...
America’s consumer watchdog says it’s uncovered deception and abuse in several consumer financial products. The Consumer Financial Protection Bureau (CFPB) released a report Wednesday (July 26) that found illegal tactics at work in the auto lending, medical debt and payday loan sectors. “Today’s report furthers...
As aggregators and restaurants start to test drones and sidewalk rovers to reduce the labor cost of on-demand delivery, consumers are not convinced they can trust these robots. By the Numbers For PYMNTS’ exclusive report, “Connected Dining: The Robot Will Take Your Order Now,” we...
An Amazon artificial intelligence (AI) service that was announced in April is reportedly being tried by thousands of users. The service, which is called Amazon Bedrock and is offered by the cloud division Amazon Web Services (AWS), competes with offerings from the cloud businesses of Microsoft and Google and allows businesses to create applications with...
A bill now in the U.S. House of Representatives would make it law that not all digital assets are securities. So said House Financial Services Committee (HFSC) Chairman Patrick McHenry in opening remarks made Wednesday (July 26) ahead of a markup of the “Financial Innovation and Technology [FIT] for the 21st Century Act.”...
Selling Grubhub might be easier said than done for owner Just Eat Takeaway. “We’re talking to buyers still, but it’s a very difficult M&A situation currently,” Jitse Groen, the Dutch delivery giant’s CEO, told Bloomberg News in an interview published Wednesday (July 26). “It’s all very easy on Excel sheets, it’s...
