Food brands may be looking for ways to capitalize on the potential of social media commerce, but for now, PYMNTS research indicates, potential is all there is, with consumers frustrated by early moves in the space. At a Digital Food & Beverage Conference keynote panel on Monday...
India’s Ministry of Health and Family Welfare is investigating what it called baseless reports of a data breach of its COVID vaccine database. The ministry said it has seen reports of Twitter users posting screenshots that show a bot using Telegram to post personal information...
British banking giant HSBC has officially launched a revamped version of Silicon Valley Bank UK. After weeks of teasing an innovation-focused version of SVB UK — which HSBC purchased following the collapse of parent company Silicon Valley Bank — the lender announced in a press...
With the Digital Food & Beverage Conference kicking off Monday (June 12) in La Jolla, California, where industry executives gather to learn, among other subjects, about how to best leverage technology to drive loyalty, PYMNTS research reveals some of the key ways that grocers are...
Launching a new product is hard, but launching a new molecule and formula is even harder, especially if there isn’t an already existing (and updated) playbook brands can leverage. That’s an undertaking Mother Science founders Mike Einziger, also founding guitarist of the rock band Incubus,...
OpenAI’s CEO said he is more confident about a worldwide effort to regulate artificial intelligence (AI). Sam Altman has been on a global tour to drum up interest in his company’s generative AI technology, Reuters reported Monday (June 12). “I came to the trip …...
The Middle East and North Africa (MENA) region is quickly becoming a hotbed for open banking, driven by a unique ecosystem, booming consumer demand and “forward-thinking” regulators, said Abdulla Almoayed, founder and CEO at Tarabut Gateway. According to Almoayed, this trend has made it possible...
When examining consumer spending habits, top-down numbers may not tell the whole story. Who exactly is spending and who is not is vital data for retailers, merchants and any other consumer-facing business seeking to market to distinct segments. While total sample size for the PYMNTS’...
In Latin America, cash remains king. That’s true for many markets in the region, and Mexico stands out as a prime example. Roughly 85% of transactions are done in cash, and the country is five to 10 years behind other countries when it comes to...
