- November 30, 2023
Online stores are seeing a big boost from retail subscriptions as the convenience and tailored experiences offered by digital retail subscriptions lead to a drop in-person shopping for many consumers.
According ...
- November 30, 2023
The Federal Reserve’s Beige Book — released eight times a year — collects qualitative observations about current economic conditions across the central bank’s dozen districts.
And in the latest edition of ...
- November 30, 2023
Microsoft is in talks with partners to launch a mobile gaming store that would compete with those of Apple and Google.
Phil Spencer, the head of Microsoft’s Xbox video game division, ...
- November 30, 2023
Consumers who subscribe to scheduled delivery or auto-fill services are uniquely ready to cancel their memberships if they find that the crowd-sourced information they have received is not reliable, PYMNTS ...
- November 30, 2023
Disbursements are a critical part of consumers’ financial lives, encompassing various payments such as earnings, income, tax refunds, insurance claims and loan disbursements. While these disbursements are predominantly received through ...
- November 30, 2023
For nearly a year, there has been one clear generative artificial intelligence leader: OpenAI.
But now, with generative AI technology advancing rapidly — and hastily patched-up cracks showing at Sam Altman’s ...
- November 30, 2023
Six months after ChatGPT became available in its first native mobile version, its mobile app has been downloaded more than 110 million times and generated $28.6 million in global consumer ...
- November 30, 2023
As restaurants turn to technology to weather the economic storm, Cracker Barrel has finally gotten into rewards and is now counting on its new loyalty program to drive traffic down ...
- November 30, 2023
Big Lots says its quarterly earnings show the impact of a cautious consumer.
The discount retailer’s numbers, released Thursday (Nov. 30), showed comparable sales down 13.2%, as shoppers demonstrated hesitancy about buying big-ticket ...
- November 30, 2023
The Consumer Financial Protection Bureau (CFPB) sends 20,000 complaints to companies for responses every week.
“I am proud of the CFPB’s work in getting consumers the resolutions they deserve, often through ...
- November 30, 2023
Experian has acquired Wave HDC, a health tech firm offering AI-powered data curation.
The deal is designed to help Experian Health leverage Wave’s technology to offer more comprehensive and faster healthcare coverage identification and automation capabilities, ...
- November 30, 2023
Unified commerce platform Priority Technology Holdings has launched a technology partnership with Datacap.
The collaboration will leverage Datacap’s universal payments to help both companies “support thousands of ISOs and merchant service providers to bring unified ...
- November 30, 2023
FTX has gotten the go-ahead to sell stakes in digital trusts managed by Grayscale.
According to recent court filings, a bankruptcy judge has given the cryptocurrency firm permission to begin liquidating ...
- November 30, 2023
As Kroger continues to drive double-digit digital growth, the grocery giant is accepting a negative impact on profit margins for the time being, betting on its digital transformation to drive ...
- November 30, 2023
Pluto, a provider of financial corporate spend management solutions in the United Arab Emirates (UAE), has partnered with Mastercard to provide B2B payment solutions in the Gulf Cooperation Council (GCC) region.
This collaboration ...
- November 30, 2023
The number of payments and invoices that businesses must process can increase, especially for growing businesses.
Firms are recognizing the need to automate accounts payable and receivable processes to ensure streamlined ...
- November 30, 2023
Amazon Prime is offering student members $25 flights home for the holidays.
The eCommerce giant has teamed with student travel platform StudentUniverse to make that offering on a limited number of round-trip flights, the ...
- November 30, 2023
Kognitos, a builder of generative artificial intelligence (AI) for business automation, has completed a $20 million Series A funding round, bringing its total venture capital raised to $30 million.
This company ...
- November 30, 2023
Embedded financing company Enfuce has raised $9.3 million to expand into new markets.
The Finnish firm’s follow-on investment round was led by Vitruvian Partners, with participation from Maki.vc and Visa, according ...
- November 30, 2023
The Bank of Korea plans to launch a pilot program for its retail central bank digital currency (CBDC) in the fourth quarter of 2024.
The program will involve 100,000 selected South Korean citizens ...
- November 30, 2023
Meta is reportedly planning to bring its Threads platform to Europe in December.
The launch is happening following some regulator-conscious tweaks by the Facebook owner, The Wall Street Journal (WSJ) reported ...
- November 30, 2023
Walgreens has launched a digital tool designed to help customers find lower prices on their prescription medications.
The new Rx Savings Finder searches multiple discount card websites for free, third-party discount ...
- November 30, 2023
The future of industrial material sciences is starting to crystallize — literally.
Google published a research paper Wednesday (Nov. 29) unveiling more than 2 million hypothetical material designs, each previously unknown ...
- November 30, 2023
Mastercard has introduced a generative artificial intelligence (AI) tool that acts as a personal assistant for shoppers.
Rolled out by the company’s Dynamic Yield unit, Shopping Muse arrives at a time when consumers are increasingly using ...
- November 30, 2023
Toronto-Dominion Bank, Canada’s second-largest lender, has reportedly undertaken a restructuring plan that includes a 3% reduction in its workforce.
The job cuts will be implemented through attrition as well as targeted ...
- November 30, 2023
The latest data on personal spending matched expectations.
And the parlor game as to whether the Fed will pause or even cut interest rates continues.
Yet the Personal Consumptions Expenditures index (PCE), as released ...
- November 30, 2023
OpenAI says Microsoft has a seat on its new board, but no voting rights.
The artificial intelligence (AI) company made this announcement late Wednesday (Nov. 29) following reports that Microsoft — its largest investor — would ...
- November 30, 2023
Despite positive Black Friday numbers, where consumers stretched their budgets to do some shopping, data suggests that the rest of the holiday shopping season may be more moderate. The loss of ...
- November 30, 2023
With increasing competition among platforms promising influencers and creators the opportunity to monetize their followings, Substack is pushing back against its reputation as a newsletter platform, emphasizing its multimedia tools.
In ...
- November 30, 2023
Retailers are increasingly adopting “keep it” or “returnless” policies for unwanted products.
The adoption of these policies is a response to the rising costs associated with returns and the need to ...
- November 30, 2023
Much like its fictional namesake, trading platform Robinhood is now a part of the United Kingdom.
The company marked its international debut Thursday (Nov. 30) as it began offering brokerage services ...
- November 30, 2023
Merchants can maximize their competitiveness by offering split-pay options — and should do so if they don’t want to lose potential sales or want to see their active customers migrating ...
- November 30, 2023
British money transfer firm Zepz has reportedly made another round of job cuts.
The company, which owns remittance platforms WorldRemit and Sendwave, has laid off 30 workers, according to a CNBC report Thursday (Nov. 30).
“Zepz has entered a ...
- November 30, 2023
Global messaging platform Swift says cross-border payments to Europe can reach their destination in seconds.
That’s due to this week’s launch of the European Payment Council’s (EPC) One-Leg-Out Instant Credit Transfer ...
- November 30, 2023
The promise of embedding payments in cross-border commerce is a multitrillion-dollar opportunity, Amit Agarwal, Global Co-Head of Payments and Receivables, Treasury and Trade Solutions (TTS) at Citi, told Karen Webster.
But for ...
- November 30, 2023
“I’d like to believe that I’ve spent my career making travel more accessible,” Jon Gray, CEO of RVshare, told Karen Webster in the most recent “Matchmakers” installment.
From his vantage point ...
- November 30, 2023
After a year filled with surprising developments, Farfetch appears to be continuing its trend of unexpected moves. The online luxury retailer revealed this week that it will not be disclosing ...
- November 30, 2023
With knowledge comes power, and that fact is particularly true when using artificial intelligence (AI).
After all, knowing how an innovation works is essential for leveraging it effectively and discerning its ...
- November 29, 2023
Specialty discount retailer Five Below said it is driving sales by offering customers both value and fun.
The company has been finding “new, disruptive products at extreme value” and promoting them through its ...
- November 29, 2023
Amazon Web Services (AWS) has introduced an artificial intelligence (AI)-powered image generator.
The Amazon Titan Image Generator was unveiled Wednesday (Nov. 29) and is available in preview, AWS said in a Wednesday press ...
