Amazon and Walmart aren’t just battling for the eCommerce crown. They’re also locked in an artificial intelligence (AI) rivalry to woo third-party sellers. In their quest, both retail giants are leveraging some pretty hot technologies — AI to improve not only the shopping experience for...
Pet parents today have elevated their expectations when it comes to caring for their furry companions. Beyond mere ownership, pets are now considered beloved family members, and as such, their care and well-being have taken center stage. The changing landscape in pet care has brought...
Consumers are buying their groceries both online and in-store, a phenomenon known as hybrid purchasing, and this reality is set to upend retailers’ strategies. According to the “Changes in grocery shopping habits and perceptions,” a PYMNTS Intelligence study, 39% of U.S. grocery consumers shopped groceries...
Kathryn McCall, chief legal and compliance officer at Trustly, said that as 2023 gives way to 2024, there are a few simple truths governing payments. With the continued emergence of different payments rails, technologies and demands by consumers to keep their data private and safe,...
The last few months have been ones of marked change for B2B payments, and the rise of embedded finance points the way for what’s to come in 2024 and beyond. Chris Wyatt, chief strategy and product officer at Finexio, said the B2B space traditionally has...
The year 2023 has been one of the biggest yet for innovation across the payments landscape. New, emerging rails including the FedNow® Service and RTP® (Real-Time Payments) have changed the game for both consumers and businesses when it comes to the choice, flexibility and security...
The platforms led the FinTech IPO Index 4.7% lower this past week, as the year-to-date gains have been winnowed down to about 16%. AMTD shares sank 21%. The company extended a $50 million share repurchase program to the end of the first quarter of next year,...
Hasbro, the toy manufacturer, is echoing Barbie-maker Mattel in cautioning that the upcoming holiday season might be lackluster, reflecting a trend of cautious consumer spending during this crucial period for retailers. Demand within the toy industry has reportedly diminished following an initial pandemic-driven surge, as...
Chipotle is testing automated technology to boost the capacity and efficiency of its makelines for eCommerce orders, even as consumers shift away from its digital channels. The fast-casual giant, which has more than 3,300 locations across five countries, emphasized on a call with analysts Thursday...
