March 21, 2024
DOJ and Multiple States Sue Apple, Accusing Monopolistic Behavior
The US Justice Department, along with over a dozen states, has initiated a groundbreaking antitrust lawsuit against tech giant Apple. The lawsuit, filed on Thursday, alleges that Apple has unlawfully...
March 20, 2024
Chewy Leverages Autoship Subscription to Gain Share From Brick-and-Mortar
As online retail subscriptions gain share from physical stores, Chewy is leveraging its Autoship auto-fill program to win customers from its more traditional competitors. The company shared in a letter...
March 20, 2024
Diverse Product Selection Key for D2C Success, Says Grove CEO
As direct-to-consumer (D2C) brands look to win customers’ loyalty in an increasingly crowded eCommerce landscape, Grove Collaborative contends that those that can meet more of consumers’ day-to-day needs have a better shot...
March 20, 2024
The European Commission Fines Apple 1.84 Billion Euros and Spotify...
By: Randy Picker (Pro Market) On March 4, the European Commission imposed a fine of 1.84 billion euros on Apple for exploiting its dominant position by enforcing anti-steering provisions on...
March 19, 2024
CFPB Head Puts Those Who Intend to ‘Weaponize’ Open Banking...
The U.S.’s top consumer protection watchdog is on the lookout for financial services industry players hoping to game open banking for their own benefit. This warning was delivered last week...
March 19, 2024
Collective Debuts AI-Powered Accounting Tool for Solopreneurs
Collective has debuted an artificial intelligence (AI)-powered accounting platform designed for one-person operations. “As freelancers delve into the administration needed to properly pay their taxes and keep their books up to...
March 19, 2024
New Study Shows Big Gap Between Open Banking Interest and...
Open banking payments appeal to consumers. Nearly half of respondents in PYMNTS Intelligence’s latest study are highly willing to use them for at least one type of expense, including monthly...
March 18, 2024
39% of Retail Shoppers Stick to Digital
With many consumers accustomed to the convenience of eCommerce, a significant portion of retail shoppers are engaging exclusively via digital channels, PYMNTS Intelligence finds. By the Numbers The report “Consumer...
March 18, 2024
The Apple Pay Threat Facing Banks
A friend was preparing for a once-in-a-lifetime yoga retreat to a fancy resort in Malaysia. The trip was a long one with stopovers in Qatar and two days in Kuala...