August 11, 2023
Lenders and Merchants Must Diversify to Compete in Shifting Credit...
With change comes challenge, but with challenge comes opportunity. As 2023 marches on, much of the initial doom and gloom-fueled skepticism around how the year would play out has abated,...
August 11, 2023
LendingClub: Paycheck-to-Paycheck Lifestyle Is Cash-Strapped Americans’ New Norm
Increasing costs on everyday items such as groceries, utilities and insurance continue to strain household budgets across the United States. More than 60% of Americans were living paycheck to paycheck as of June, a...
August 11, 2023
James Allen Offers ChatGPT Assistant Subscriptions to Shoppers
Generative artificial intelligence (AI), particularly OpenAI’s ChatGPT, has become a major trend in retail. Brands and retailers are integrating it due to consumer demand for interactive experiences. In recent forays, the use of...
August 11, 2023
FinTech IPO Index Plunges 6.6% as Upstart and Nuvei Earnings...
Seemingly everywhere you looked this past week, earnings were the sole arbiter of how stocks performed. And no matter the earnings, almost across the board, the performance was decidedly to...
August 11, 2023
Visa Says CFOs See Digital Payments Solutions Through Working Capital...
Back in the darkest days of the pandemic, Visa struck a partnership with Conferma Pay to integrate the payment network’s virtual cards into the latter’s mobile app. Tap and pay,...
August 11, 2023
Krispy Kreme Reports Q2 2023 Earnings and Expands Omnichannel Strategy
Krispy Kreme announced second-quarter results Thursday (Aug. 10) that showed a 9% hike in year-over-year (YoY) net revenue, bolstered by eCommerce and delivery strategies. Net revenue for the quarter ending...
August 10, 2023
Alibaba’s Sales Up 14%, Pushed by International Sales
Chinese eCommerce giant Alibaba on Thursday (Aug. 10) posted a quarterly sales growth of 14% from the previous year, as its online shopping app Taobao and Tmall Group showed strength....
August 10, 2023
X Promises Robust Brand-Safety Tools for Advertisers
X, the social media platform formerly known as Twitter, will continue rolling out brand-safety tools for advertisers. The platform is committed to free expression while also protecting brands, X CEO Linda...
August 10, 2023
Uber-Supported Serve Robotics Raises $30 Million for AI Robotic Delivery
Serve Robotics has completed a go-public transaction and raised $30 million in financing to support scaling its artificial intelligence (AI) powered robotic delivery experience. This financing brings the company’s total...