May 08, 2023
EPI CEO Says Europe Ready for One Digital Wallet
As regulators push for the development of instant payments, European Union countries continue to leverage preexisting economic relationships to advance faster payments across the region. It’s a trend that has...
May 05, 2023
Amazon Taps Tech Partnerships to Enter the Restaurant Biz
Amazon is quietly making its way back into the restaurant space through partnerships and investments. In recent months, the eCommerce giant has been leveraging its voice assistant devices and the...
May 04, 2023
Carvana Expects Return to Profitability in Q2 After Cutting Costs
Carvana expects to return to profitability in this quarter after cutting costs. The used car retailer expects to achieve positive adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in...
May 04, 2023
Estée Lauder Lowers Outlook but Continues to Bet Big on...
Despite lowering its sales outlook for the third straight quarter due to a slower-than-expected recovery in Asia, cosmetics company Estée Lauder remains optimistic about the Chinese market. The company, which...
May 04, 2023
Item-Level Data Helps Banks Stay Top of Wallet
At the intersection of digital channels and inflationary pressures, consumers are demanding more value from merchants. And it’s not all about price. Banyan CEO Jehan Luth said the great digital...
May 03, 2023
Latest Fed Hike May Stymie Retailers’ Efforts to Clear Inventories
We’ve reached a milestone with interest rates — and by extension, retailers may find it tougher to sell their inventories. As the world knows by now, the Federal Reserve boosted...
May 03, 2023
Kroger Teams with Uber Eats in Bid for Greater Share...
In an effort to embed its offerings more deeply in consumers’ day-to-day routines, The Kroger Co.is expanding its digital presence beyond grocery. The grocery giant announced Wednesday (May 3) the...
May 03, 2023
Airbnb Promotes ‘Rooms’ Rentals for Cost-Conscious Vacationers
While people still want to travel, they may not want to pay to rent an entire house. That’s the thinking behind Airbnb’s new “Rooms” program, announced Wednesday (May 3) as...
May 03, 2023
Businesses Buckle Up as Real-Time Fraud Attempts Spike 92%
Fraud is growing faster, which means organizations’ defenses need to constantly be evolving. Today’s digitized payments landscape has given bad actors an increasingly sophisticated array of tools and tactics to...
