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When Consumers Buy Electronics, Online Marketplaces Beat Physical Stores
When Consumers Buy Electronics, Online Marketplaces Beat Physical Stores
April 30, 2024  |  eCommerce

Typically, consumers’ preferred purchasing channel remains the physical store, but when it comes to buying electronics, shoppers turn to third-party marketplaces for affordability and convenience. By the...

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Citi CEO Jane Fraser Says Consumers ‘More Discerning’ in Spending
Citi CEO Jane Fraser Says Consumers ‘More Discerning’ in Spending
April 30, 2024  |  Consumer Finance

Consumers are becoming more cautious in their spending, Citi CEO Jane Fraser said Tuesday (April 30). Speaking at the bank’s annual meeting, Fraser told shareholders that while consumers remain...

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33% of Main Street SMBs With 5 or Fewer Staffers Saw Lower Earnings in 2023
33% of Main Street SMBs With 5 or Fewer Staffers Saw Lower Earnings in 2023
April 30, 2024  |  SMBs

Most small to mid-sized businesses (SMBs) located up and down Main Street, USA, are doing just fine, thank you very much.  In fact, according to...

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CFPB Says Junk Fees ‘Impede Fair and Competitive Pricing’
CFPB Says Junk Fees ‘Impede Fair and Competitive Pricing’
April 30, 2024  |  News

The more complex a pricing structure, the more likely consumers are to pay more for products like credit cards, bank accounts, mortgages and auto loans....

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Sam’s Club Says AI Exit Scans Are in 120 Stores
Sam’s Club Says AI Exit Scans Are in 120 Stores
April 30, 2024  |  Retail

Sam’s Club said its artificial intelligence (AI)-powered exit scanners are now in 120 stores. The technology, first announced in January, eliminates the practice of having...

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Grocery Shoppers Across Continents Demand Personalized Rewards
Grocery Shoppers Across Continents Demand Personalized Rewards
April 30, 2024  |  Loyalty & Rewards

No matter which side of the Atlantic they are on, grocery shoppers want loyalty programs with smarter, more relevant messaging, and merchants across the United Kingdom...

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Advanced Tech and Data-Sharing Key Allies in Combating Sophisticated Fraud Scams
Advanced Tech and Data-Sharing Key Allies in Combating Sophisticated Fraud Scams
April 30, 2024  |  Security & Fraud

From safeguarding online purchases to strengthening eCommerce ecosystems, strong customer authentication (SCA) helps confirm remote electronic transactions, reshaping the digital commerce landscape. While its mandatory implementation in Europe...

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LTK Adds New, Longer-Format Videos to Commerce Platform for Creators
LTK Adds New, Longer-Format Videos to Commerce Platform for Creators
April 30, 2024  |  Social Commerce

LTK now offers new, longer-format videos on its commerce platform for creators. The company has also added a new Products Tab and Link Optimization technology,...

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Fiserv Debuts Communication Tools to Boost On-Time Payments
Fiserv Debuts Communication Tools to Boost On-Time Payments
April 30, 2024  |  B2B Payments

Payments technology firm Fiserv is offering billers new communications tools to get paid faster. The new capabilities, announced Tuesday (April 30), let billers incorporate call-to-action notifications and alerts...

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