As Walmart and Amazon compete to stay at the forefront of retail’s omnichannel transformation, the two industry giants are integrating digital technologies into physical stores, aiming to provide the most convenient, connected shopping experience. Walmart, for its part, is digitizing shelf tags to make brick-and-mortar...
Affirm saw its stock rally 7.8% this past week, but the overall trend for the FinTech IPO Index was down, as the group sank 3.8%. Affirm Gets a Bump from Apple Apple said that Apple Pay users in the United States will be able to...
As consumers look for ways to cut back their retail spending, many are willing to make sacrifices on product quality, but not when it comes to buying products for their babies. By the Numbers For the PYMNTS Intelligence report “Consumer Inflation Sentiment Report: Consumers Cut...
As consumers continue to be concerned about their financial situations, shoppers are looking for deals and discounts even when making major purchases such as buying diamond jewelry. Signet Jewelers, the world’s largest diamond jewelry retailer, shared on a call with analysts Thursday (June 13) discussing...
Wise is upping its investment in payment infrastructure as its customer base grows. The U.K.-based money transfer firm on Thursday (June 13) released year-end results showing double-digit percentage increases in revenue and customer numbers. “We moved £118.5bn around the world for 12.8m customers, 29% more...
B2B payments used to be defined by paper and processes. However, as the digitization of commercial payments continues, B2B payments are being defined by their workflows and data – both of which are increasingly the target of disruptive innovations capable of automating away rote work...
As convenience retailers compete for consumers’ loyalty, major players are leveraging shopper data to personalize their messaging, looking to drive deeper connections. Take, for instance, Casey’s General Stores, the third-largest convenience store chain in the United States. On a call with analysts Wednesday (June 12)...
Foreign credit card transactions are reportedly bringing more foreign currency into inflation-plagued Venezuela. That’s according to a report Thursday (June 13) by Reuters, citing four public sector and finance sources who said these transactions have been growing steadily since the government loosened currency controls five years ago,...
Goldman Sachs reportedly wants to double its lending to its most affluent customers. This plan would play out over the next five years for clients with account sizes of more than $10 million, the bank’s private banking chief told Reuters Thursday (June 13). The goal is to...
