As grocery shoppers settle into the warmer months, many are shifting away from eCommerce back to brick-and-mortar stores with more time to make their food purchases. Melissa Myres, director of insights at grocery giant The Kroger Co.’s retail data science, insights and media subsidiary 84.51°,...
Building better B2B relationships increasingly starts with better payments data. And with the news Tuesday (July 2) that FleetUp and RoadFlex have integrated their solutions to automate fleet expense management and fuel management, from data collection to reporting, leveraging B2B payment data for insights into spending patterns and...
New United Nations data showed China with a comfortable lead in the race to develop artificial intelligence products. Between 2014 and last year, more than 38,000 generative AI inventions came out of China, six times the amount of those coming from the second-place United States,...
Revolut’s chair is not ready to commit to an initial public offering (IPO) in London. Speaking to the Financial Times (FT) Tuesday (July 2), Martin Gilbert praised pending changes to the rules for listing on the U.K. market. “All the moves [regulators] are making are good, they’re allowing founder-led...
Thanks to AI, American venture funding reached its highest quarterly total in two years. Venture capital (VC) investments for the second quarter came to $55.6 billion, Reuters reported Wednesday (July 3), citing data from PitchBook. That figure marks a 47% increase over the $37.8 billion...
Plaid has been rolling out new products and partnerships in recent months, offering additional resources to a broader range of customers, including enterprises. For example, the firm rolled out its new credit underwriting solution, Consumer Report, in early June, saying that it brings bank account-level...
Safe Ticketing launched a resale ticket purchasing platform in the United States. The TicketX platform is new to the U.S. market but has a Japanese counterpart, TicketJam, that has been operating since 2017, according to the TicketX website. The new platform includes a website and...
As consumers increasingly turn to digital content for shopping inspiration, articles are proving to be a relatively effective motivator for purchasing. By the Numbers “Generation Zillennial: How They Shop,” the new PYMNTS Intelligence special report, draws on a survey of more than 3,600 U.S. consumers...
As ongoing financial pressures make it harder for mid-market retailers to compete, without the scale of industry giants or the close customer connections of mom-and-pop shops, these merchants are forced to adapt if they do not want to go the way of, say, Sam Ash....
