February 23, 2023
Stripe Reportedly Looking to Raise $4 Billion Via Special Vehicle
Stripe is reportedly in the process of raising $4 billion from investors. Bloomberg reported Thursday (Feb. 23) that the payment platform is working with banks to make the offering through...
February 23, 2023
JPMorgan Chase Reportedly Has Compliance-Related Concerns Around ChatGPT
JPMorgan Chase reportedly doesn’t want its employees to chat with ChatGPT. CNN reported Wednesday (Feb. 22) that the bank has restricted its global staff’s use of OpenAI’s artificial intelligence (AI)-powered...
February 23, 2023
Keurig Says at-Home Coffee Slows as Consumers Return to Work
Three years out from the initial COVID-19 outbreak, consumers are just getting back to normal. Texas-based beverage giant Keurig Dr Pepper shared on a call with analysts Thursday (Feb. 23)...
February 23, 2023
GoDaddy Bundles Payment Technology and Domains to Create Pay Links
GoDaddy has bundled payment technology and domains to create branded pay links. With these new Payable Domains, businesses with a newly registered or existing domain can start accepting payments even if...
February 23, 2023
Instacart Adds In-Store and Online Features to Platform for Grocers
Instacart has launched new digital tools to help grocers provide connected experiences in-store and online. The four new technologies on the Instacart Platform were piloted at both wholesalers and retailers...
February 23, 2023
Amazon Invests in Online Grocery as Supermarkets Boost In-Store Tech
This week in grocery, Amazon backs an online grocery startup, Giant leverages video and self-checkout evolves. In Amazon’s ongoing efforts to grow its share of perishables, the company has invested in a...
February 23, 2023
Mytheresa Sees Widening Gap Among Luxury Shoppers
For Mytheresa, the high-end retail segment is diverging. This, as the newly listed luxury brand marketplace says it sees a difference between what it calls “aspirational” customers and “wardrobing” shoppers,...
February 23, 2023
Alibaba’s Growth Slows Due to COVID Disruptions
Chinese eCommerce giant Alibaba is still suffering the effects of COVID-19. The company released earnings results Thursday (Feb. 23) showing growth of 2%, a slower pace than its last quarter,...
February 23, 2023
Etsy Continues Search Investments Following Record Revenue
Etsy is continuing to upgrade its search function after seeing record revenue during the holidays. The eCommerce marketplace released earnings results Wednesday (Feb. 22) that showed revenues increasing 12.6% in...
The U.S., U.K. and Europe are intensifying their efforts to develop and deploy the policies and infrastructure necessary to advance the use cases and real time payments volume of their domestic networks. This month’s “Real-Time Payments World Map,” a collaboration with The Clearing House, explores the progress and future developments of real-time payments across these regions.
Despite the tremendous growth in Click-and-Mortar™ shopping in Brazil over the last three years, the country’s retailers don’t offer 39% of the features that consumers want. PYMNTS Intelligence’s latest study, the “2024 Global Digital Shopping Index: Brazil Edition” commissioned by Visa Acceptance Solutions, draws on insights from 2,200 consumers and 622 merchants to reveal what Brazil’s merchants need to know to drive consumer satisfaction and loyalty.