April 05, 2024
Amazon and Walmart Rethink Self-Checkout to Manage Costs
As retailers look to find the right combination of technology and human labor to boost their profit margins, Amazon and Walmart have both made changes to how they approach self-checkout in stores. Amazon is...
April 04, 2024
PayPal Ventures Backs Hyperlocal Marketing Firm SingleInterface
India-based “hyperlocal marketing-to-commerce” firm SingleInterface raised $40 million in new funding. The funding round was led by Asia Partners, with participation by PayPal Ventures, according to a Thursday (April 4) press release. Founded by entrepreneurs Tarun Sobhani and Harish...
April 04, 2024
Corporate Wellness Platform Gympass Rebrands as Wellhub, Prepares for IPO
Corporate wellness platform Gympass rebranded as Wellhub to reflect its expanding range of services. Previously focused on gym memberships, the platform now has partners in the fields of fitness, mindfulness, therapy, nutrition and...
April 02, 2024
Retailers Step Up In-Store Media in Bid for Advertiser Spend
As retailers feel shoppers’ belt-tightening behaviors hurt sales, many are turning to in-store retail media to increase their revenue and profit margins. Mega-retailer Walmart, for its part, shared in a news...
April 01, 2024
Digital Merchants Tap Physical Pop-Ups to Drive Deeper Customer Connections
As eCommerce merchants look for ways to win the trust of and build connection with their shoppers, some are turning to pop-ups to create real-world relationships with shoppers without sinking...
April 01, 2024
Judge Sides With PayPal in CFPB Lawsuit Regarding Digital Wallets
PayPal won a legal victory against the U.S. consumer protection watchdog. According to court documents cited in a Friday (March 29) Law 360 report, U.S. District Judge Richard J. Leon tossed...
March 29, 2024
41% of U.S. Shoppers Demand Digital Rewards
As retailers look to meet consumers’ digital expectations, PYMNTS Intelligence research reveals, loyalty rewards can go a long way. By the Numbers Research from PYMNTS’ study last year “The 2023...
March 29, 2024
Bank Branches Evolve Into Financial Education ‘Magnets’
Last year, banks shuttered 2,300 branches. The move should come as no surprise, given the fact that banks, like any other business, have been examining their cost structures. At the...
March 29, 2024
i2c President Says Banks Have Reset Their Go-to-Market Strategies
Jacqueline White, president of i2c, told PYMNTS in an interview that financial services have undergone a seismic shift in recent years. When the pandemic hit, banks of all sizes were already...
