June 30, 2024
Report: Apple’s Device Longevity Makes AI More Important
Apple’s devices are lasting longer, so customers don’t trade up as often. And as Bloomberg News reported Sunday (June 30), that could make the tech giant’s artificial intelligence (AI) efforts...
June 28, 2024
Streaming Services Face Proposed New Tax in Philippines
Philippine lawmakers reportedly approved a bill that would tax foreign digital services, including streaming services like Netflix, HBO and Disney+. Having passed both the Senate and the House of Representatives,...
June 25, 2024
More Retailers Imitate Prime Day as Consumers Demand Discounts
As retailers look to hold their own among bargain-seeking shoppers this summer in the face of competition Amazon’s ever-more-popular Prime Day, Target is the latest to join the deals days...
June 25, 2024
Klarna Plus Subscription Numbers Reach 100,000 in US
Klarna says it subscription commerce service Klarna Plus now has 100,000 U.S. members. “The positive reception of Klarna Plus in the US really shows the value of this product,” Klarna Chief...
June 23, 2024
Meta in Talks to Integrate AI with Apple’s New iPhone...
Meta Platforms, the parent company of Facebook, is reportedly in discussions to integrate its generative AI model into Apple’s recently announced AI system for iPhones, according to a report by...
June 23, 2024
South Korea Nears Conclusion of 16-Month YouTube Antitrust Investigation
South Korea’s antitrust regulator is poised to conclude its extensive 16-month investigation into YouTube next month, focusing on potential rule breaches related to bundling its music streaming service with its...
June 21, 2024
Report: Revolut Planning Share Sale at $40 Billion Valuation
Revolut is reportedly planning a share sale and seeking a valuation that would be close to that of Lloyds Banking Group. The British FinTech is seeking a valuation of greater...
June 19, 2024
Apple Faces ‘Very Serious’ Issues Under EU Digital Regulations, Says...
Apple is facing multiple “very serious” issues under the European Union’s expansive Digital Markets Act (DMA), according to Margrethe Vestager, the bloc’s competition chief. This revelation follows reports that EU...
June 19, 2024
Heat Wave? Consumers Cool Off With Digital-First Staycations
As so many people learned back in 2020, digital platforms provide a wide range of amusements that can be enjoyed from the comforts of one’s home when going on an...
Subscription merchants that fail to offer multiple ways for consumers to buy their products will see their sales take a hit, says Bean Box CEO Matthew Berk. Only giving consumers one way to buy and pay is a key driver of voluntary churn, especially in these times. Read the “Subscription Commerce Tracker®,” a collaboration with Vindicia, for more.
Retail subscriptions are changing the shopping landscape, and nearly one-third of subscribers purchase most or all items using scheduled or auto-fill subscriptions. PYMNTS Intelligence’s latest study of 2,011 consumers and 188 retail subscription merchants, “The Replenish Economy: A Household Supply Deep Dive,” a collaboration with sticky.io, details the replenish economy and its impact on in-store shopping habits.