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...
Digital-first fashion retailer FWRD has debuted a pop-up store powered by checkout tech company Bolt. The Los Angeles-based store, announced in a news release Friday (June 9), will let customers check out items using a QR code, thanks to Bolt’s Checkout Links. First introduced last year, this tool for...
PayMate is expanding to chase what it says is a $68 trillion B2B payments market. The business-to-business (B2B) payments and services provider — which already has operations in India and the United Arab Emirates — announced Friday (June 9) that it had extended its footprint to...
Payments company FLEETCOR says it has closed out a four-year legal battle with the FTC. The company announced Friday (June 9) that it had received a court order in a marketing practices and disclosure case filed against it by the Federal Trade Commission (FTC). The order, the company...
