73% of Families With Kids Cut Grocery Spend as Food Prices Remain High
73% of Families With Kids Cut Grocery Spend as Food Prices Remain High
April 10, 2023  |  Consumer Insights

PYMNTS research finds consumers are putting deals first when it comes to grocery shopping. Despite inflation’s incremental, uneven shift down, consumers remain wary about when...

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Curbside-Only eGrocer Promises Last-Minute Flexibility for Convenience Seekers
Curbside-Only eGrocer Promises Last-Minute Flexibility for Convenience Seekers
April 10, 2023  |  Retail

As retailers seek ways to make eGrocery profitable, curbside-only stores are emerging. In an interview with PYMNTS, Alex Ruhter, co-founder and CEO of curbside grocer...

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Amazon Ups Its Share of Health and Personal Care Spend to 6.1% in Q4 2022
Amazon Ups Its Share of Health and Personal Care Spend to 6.1% in Q4 2022
April 10, 2023  |  Retail

Amazon is closing in on one of Walmart’s traditional areas of dominance — consumer spending on personal health items — as the two titans continue their...

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Digital Currency Monetary Authority Debuts International CBDC
Digital Currency Monetary Authority Debuts International CBDC
April 10, 2023  |  CBDC

The Digital Currency Monetary Authority has unveiled a digital coin designed to speed cross-border transactions. Introduced Monday (April 10) at the spring meeting of the...

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SoFi Student Loans Suit Spotlights Platform Model’s Resilience and Vulnerabilities
SoFi Student Loans Suit Spotlights Platform Model’s Resilience and Vulnerabilities
April 10, 2023  |  Digital Payments

The push and pull on student loans has spotlighted SoFi’s digital platform model and the emergence of online financial service ecosystems. As widely reported, SoFi...

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New FTX Report Highlights Importance of Treasury Management
New FTX Report Highlights Importance of Treasury Management
April 10, 2023  |  Spend Management

The first interim report by the FTX Debtors published Sunday (April 9) takes harsh aim at the FTX Group’s profound lack of appropriate documentation and...

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e& Invests $400 Million in Uber’s Careem Super App Spinout
e& Invests $400 Million in Uber’s Careem Super App Spinout
April 10, 2023  |  Investments

Technology and investment group e& has acquired a majority stake in the Careem super app. With the firm’s investment of $400 million — the completion of which is subject...

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China’s Central Bank Warns Against ChatGPT ‘Data Leaks’
China’s Central Bank Warns Against ChatGPT ‘Data Leaks’
April 10, 2023  |  artificial intelligence

China’s state-sponsored payments association is warning against the use of generative artificial intelligence (AI) tools. The Payment & Clearing Association of China on Monday (April...

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2023 Travel Outlook May Be Dimming as Prices Clash With Layoffs and Inflation
2023 Travel Outlook May Be Dimming as Prices Clash With Layoffs and Inflation
April 10, 2023  |  Travel Payments

Even as pent-up travel demand was unleashed throughout 2022 with airlines and lodgings firms reporting strong performance and outlook, the word “uncertainty” was used a...

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