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Amazon’s Buy With Prime Sets Sights on Off-Platform Payments Ubiquity

Amazon’s Buy With Prime Sets Sights on Off-Platform Payments Ubiquity
Amazon’s Buy With Prime Sets Sights on Off-Platform Payments Ubiquity
January 10, 2023  |  Retail

Job cuts and slowing growth aside, Amazon’s payments ubiquity march — reaching well beyond its own platform — continues unabated. By making Buy With Prime available...

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Consumer Shopping Habits Show Continued Caution Despite Easing Inflation
Consumer Shopping Habits Show Continued Caution Despite Easing Inflation
January 10, 2023  |  Economy

As recession fears reverberate through U.S. households, they’re buying less and trading down at retail. We see this is the latest PYMNTS inflation report, “Consumer...

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New York Fed Report Sees Some Inflation Relief Despite Consumer Fears
New York Fed Report Sees Some Inflation Relief Despite Consumer Fears
January 09, 2023  |  Economy

Consumers’ inflation perceptions are consistently higher than government figures. The Federal Reserve Bank of New York’s closely watched Survey of Consumer Expectations for December, released...

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CFPB’s Recommendation for ‘Consumer Participation’ With Bureaus Demands Alternative Data
CFPB’s Recommendation for ‘Consumer Participation’ With Bureaus Demands Alternative Data
January 09, 2023  |  Legal & Regulation

Each year, the Consumer Financial Protection Bureau issues a report on TransUnion, Equifax and Experian. And this year, as in the past, the three reporting...

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Flush With Cash, Chinese Tourists Will Boost Spending in Fashion Capitals
Flush With Cash, Chinese Tourists Will Boost Spending in Fashion Capitals
January 09, 2023  |  Retail

Chinese tourists’ “revenge travel” will benefit high-end brands housed in the luxury capitals of the world. Call it, perhaps, a wave of “destination spending” that...

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Macy’s Holiday Warning Portends Pressure on Private-Label Card Spending
Macy’s Holiday Warning Portends Pressure on Private-Label Card Spending
January 08, 2023  |  Retail

Macy’s rocky holiday season signals consumers are hesitant to use plastic — particularly private-label cards. Friday after the stock markets closed, the retailing giant issued...

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Automakers Monetize Car-Level Data as Connected Economy Revs Up
Automakers Monetize Car-Level Data as Connected Economy Revs Up
January 06, 2023  |  Connected Economy

For automakers, making and selling the car is a start — selling data is what comes next. To that end, automaker Stellantis NV — which...

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Walmart Made 6K Drone Deliveries in 2022 as Concept Gains Airspeed
Walmart Made 6K Drone Deliveries in 2022 as Concept Gains Airspeed
January 06, 2023  |  Retail

Walmart is touting an early lead in drone deliveries as the skies begin slowly filling with retail parcels. In a Thursday (Jan. 5) update and...

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