February 16, 2024
Walmart Sets Sights on Retail Media as Content and Commerce...
This week in the ongoing race for customers’ loyalty and engagement between retail powerhouses Walmart and Amazon, the former may be looking to join in the streaming media space, where...
February 16, 2024
Payments Vaulting Seen as Competitive Differentiator for Subscription Commerce
Joe Meuse, vice president of product at Spreedly, told PYMNTS that subscription-based business models face challenges and opportunities in meeting customers’ demands in the digital age. At a high level,...
February 16, 2024
Stablecoins, Unstable Crypto Market Propel Coinbase Profits
Renewed investor enthusiasm for crypto has been good news for U.S. cryptocurrency exchange Coinbase. And while 2023 wasn’t the greatest year for crypto, it was no 2022, and Coinbase’s latest quarterly...
February 16, 2024
Eight in 10 Insurers Seek FinTech Partners for Instant Payment...
Insurance companies are crucial in helping consumers with essential needs. They may provide funds to cover significant emergencies such as major medical procedures, home repairs following a disaster or replacing...
February 16, 2024
FinTech IPO Surges 4.6% as Robinhood Leads Earnings Season Rally
Earnings reports moved several components of the FinTech IPO significantly higher — and lower — and took the overall index up 4.6% through the past week. Robinhood shares were up...
February 15, 2024
As Toast Trims Staff and Growth Slows, Subscription Revenues Gain...
Toast’s latest quarterly earnings were marked by the announcement of a 10% headcount reduction, even as subscription revenues increased but growth across some metrics slowed. As reported Thursday (Feb. 15)...
February 15, 2024
DoorDash Grows Its Retail Presence by Hundreds of Thousands in...
As DoorDash looks to grow from a restaurant delivery platform to something more like a super app, the aggregator is expanding its retail offerings by orders of magnitude each year. On...
February 15, 2024
Report: Apple Is Developing GenAI Coding Tool
Apple is reportedly working on a new artificial intelligence (AI)-powered coding tool for XCode, its flagship programming software. The company has reportedly been working on the project for the last year...
February 15, 2024
RockWallet Acquires Wyre’s Customer Base, Launches Reactivation Process
RockWallet, a self-custodial, multicurrency wallet, has announced the acquisition of the customer base of Wyre, a crypto payment platform that shut down in June 2023. This development allows former Wyre clients...