June 08, 2023
B2B BNPL Provider Hokodo Acquires European Payments License
B2B buy now, pay later (BNPL) provider Hokodo has acquired a European payments license. With the new payments license, the firm can offer a broader suite of payment solutions, providing...
June 08, 2023
Millennial Student Loan Repayments Threaten Amazon, Walmart’s Bottom Line
Millennials with student loans to lose 6.5% of spending power as repayments resume. That’s the headline PYMNTS reported this week and it’s a headline that’s going to be detrimental to...
June 08, 2023
Report: TikTok Plans to Quadruple Its eCommerce Network
TikTok is reportedly looking to Southeast Asia to massively expand its eCommerce business. The Chinese social media platform aims to grow its eCommerce sales from $4.4 billion in gross merchandise...
June 07, 2023
Amazon Pay Adds Affirm’s Pay-Over-Time Option
Amazon has added Affirm’s pay-over-time option to Amazon Pay. With this addition, eligible United States merchants using Amazon Pay can allow their customers to choose the pay-over-time option at checkout, the companies said in a...
June 07, 2023
Online Grocery Customers Spend 32% More Per Purchase Than In-Store
Online grocery may only account for a small fraction of total grocery purchases, but those who have adopted digital channels represent grocers’ biggest spenders. By the Numbers According to data...
June 07, 2023
Report: Amazon Considering Ad-Supported Tier for Prime Video
Amazon is reportedly considering adding an ad-supported tier to Prime Video. Discussions are underway about how to introduce ads to the streaming service, but a decision hasn’t been made and...
June 07, 2023
Payrails on Track to Expand After Raising $14.4 Million
Germany’s Payrails has raised $14.4 million to help businesses streamline payment reconciliations and refunds. The Berlin-based startup, founded by a group of Delivery Hero veterans, announced the funding on its...
June 07, 2023
German Regulator: Meta Will Give Users More Account Freedom
Germany’s cartel office, the Bundeskartellamt, said Meta Platforms will give users more oversight of their accounts. “Meta has announced plans to introduce a new accounts center,” the regular said in a Wednesday (June 7)...
June 07, 2023
Voice Assistants Like Alexa Give Consumers Everyday Look at Power...
The power of voice artificial intelligence (AI) is echoing through boardrooms, living rooms and showrooms, driven by a combination of wonder, convenience and a dash of paranoia. File it under...
