Time is money, and consumers are constantly seeking ways to make their lives more efficient. One area where this is particularly evident is in the way people shop for personal and household supplies. In “The Replenish Economy: A Household Supply Deep Dive,” PYMNTS Intelligence draws...
As Amazon continues to try to shrink the gap between its own share of consumers’ grocery spending and Walmart’s, the eCommerce giant is retooling its mass-market brick-and-mortar offerings and looking to provide one-stop pickup options. On Amazon’s latest earnings call, CEO Andy Jassy noted that the...
The evolving world of payments is being built on top of innovative strategies. And, after years of traditional ways of transacting like paper checks and ACH payments, change is happening all at once — and it requires a brand-new foundational infrastructure layer. “We’re building a...
Ransomware payments surpassed $1 billion in 2023, marking a record peak following a decrease in 2022, according to the latest chapter of Chainalysis’ 2024 Crypto Crime Report. A form of malicious software that infiltrates computer networks, ransomware can range from simply restricting system access without damaging...
The Securities and Exchange Commission (SEC) has made amendments to Form PF, a confidential reporting form for SEC-registered investment advisers to private funds. These changes, adopted in conjunction with the Commodity Futures Trading Commission (CFTC), have been implemented to strengthen the Financial Stability Oversight Council’s (FSOC) ability to monitor and evaluate systemic risk, the SEC...
T-Mobile has launched a new loyalty program together with an app mobile apps, that helps customers manage the perks and benefits. The wireless carrier’s new status level, called “Magenta Status,” provides exclusive benefits and privileges across a range of services like hotels, rental cars, movie...
We are in the midst of a payments ecosystem renaissance. There have never been more ways to send and receive money, and those ways available have never been more streamlined, secure, fast or convenient. But that doesn’t mean that it is time now for payments...
Open banking connectivity features are transforming the way consumers receive payouts from merchants, service providers and government agencies. These features allow consumers to link their bank accounts directly, using their existing bank logins, and receive funds instantly. According to “How Open Banking Can Provide Fast and...
As social media platforms compete to capture consumers’ impulse spending, Pinterest has been making changes to the shopping experience to drive in-app and on-site purchasing. The social media company shared Thursday (Feb. 8) on an earnings call accompanying the release of its fourth-quarter and full-year...
