With consumers working more jobs to make ends meet, many are seeking quick meals. The Context As rising economic pressures force many consumers to take on these additional jobs, fewer have the time to prepare meals from scratch. Given these busy lifestyles, grocers are increasingly...
America’s banking regulator is investigating the recent collapse of two lenders. Martin Gruenberg, chairman of the Federal Deposit Insurance Corp. (FDIC), says his agency is looking into how and why Signature Bank and Silicon Valley Bank failed earlier this month. “It is worth noting that...
Energy company Eni has launched a supply chain finance program designed to incentivize sustainable development. The new Sustainable Supply Chain Finance Program is focused on the energy supply chain and allows Eni’s suppliers to request advance payment of invoices if they have committed to sustainable development,...
Instacart is adding new targeted promotions tools as grocers seek ways to retain deal-chasing customers. On Monday (March 27), the grocery technology giant announced the launch of its Instacart Marketing Solutions suite, offering capabilities to target deals and discounts, offering data and insights on campaign...
Could the next financial crisis spring from the world of “shadow lending?” It’s something regulators and bankers are concerned about, Bloomberg News reported Monday (March 27), citing a series of interviews with financial experts. The report notes that questions about the possible threat became more...
A wave of deposits into big banks following the regional banking crisis has reportedly slowed. After Silicon Valley Bank (SVB) failed earlier this month, unease among customers led to a surge in outflows from other smaller lenders into banking giants like Citigroup, Bank of America...
Silicon Valley Bank’s loss is apparently U.K. embedded banking firm ClearBank’s gain. The company’s CEO said customer flows into its platform rose by 20% during the week SVB collapsed, Bloomberg reported Monday (March 27). “We’ve had a lot of inflow that’s driven that surplus cash...
The three largest cloud-computing providers reportedly see generative artificial intelligence (AI) as a business driver. Amazon, Microsoft and Alphabet’s Google have been putting the technology front and center in their sales pitches since OpenAI’s ChatGPT become a sensation, The Wall Street Journal (WSJ) reported Monday...
Panera is eCommerce-ifying its stores, leveraging digital to personalize the in-person experience. In an interview with PYMNTS, George Hanson, senior vice president and chief digital officer at Panera Bread, the St. Louis-based fast-casual brand with more than 2,100 locations across the U.S. and Canada, explained how...
