June 18, 2024
Critical Care: Healing Healthcare With Real-Time Payments
Timely payments remain elusive for most healthcare providers, with organizations waiting weeks or months for patient payments. While many providers offer flexible payment options and plans to their patients, such...
June 17, 2024
Instacart Extends Retail Media Data to YouTube, Powering Shoppable Ads
Instacart has partnered with YouTube to make the video platform’s ads shoppable. In this pilot, select consumer packaged goods (CPG) brand partners of Instacart will be able to use shoppable...
June 17, 2024
Retail Media Can Help Turn Persuadable Shoppers Into Loyalists
Back in October of last year, collaborative research by PYMNTS Intelligence and sticky.io found that a few relatively small subsets of consumers were driving the bulk of merchants’ revenues. That’s...
June 17, 2024
Amazon Teases Early Prime Day Deals as Sales Seasons Lengthen
With consumers shifting their spending to key seasonal sales moments, merchants are extending their discount events, with Amazon dropping hints for “early Prime Day deals” more than a month before...
June 17, 2024
Constructor Raises $25 Million for AI-Powered Product Discovery, Search Engine
Constructor has raised $25 million in a Series B funding round to support the further product development and international expansion of its artificial intelligence (AI)-powered product discovery and search platform...
June 14, 2024
Yoox Net-A-Porter Exiting China, Focusing on More Profitable Markets
Yoox Net-A-Porter (YNAP) is reportedly exiting China amid weak consumer spending in that country. The Richemont-owned luxury eCommerce platform is moving to focus on its core and more profitable markets, Bloomberg reported Friday...
June 14, 2024
They Said What? Notable Quotables From This Week in PYMNTS
This week in PYMNTS, industry insiders discuss everything from composable banking to network tokenization to which tradeoffs lipstick buyers are and are not willing to make. The Future of Credit...
June 14, 2024
Report: Luxury Brands Offer ‘Unprecedented’ Discounts in China Amid Economic...
Luxury brands in China are reportedly resorting to “unprecedented” discounts to sell unsold inventory and entice cautious Chinese consumers. The price cuts reflect growing concerns over a slowdown in spending...
June 14, 2024
Walmart and Amazon Race to Digitize the Physical Store
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...
The U.S., U.K. and Europe are intensifying their efforts to develop and deploy the policies and infrastructure necessary to advance the use cases and real time payments volume of their domestic networks. This month’s “Real-Time Payments World Map,” a collaboration with The Clearing House, explores the progress and future developments of real-time payments across these regions.
Nearly half of consumers in Mexico shop in-store without using digital shopping features — but merchants hear their customers’ cries for a better experience and are planning to add many. PYMNTS Intelligence’s latest 33-page report, the “2024 Global Digital Shopping Index: Mexico Edition,” commissioned by Visa Acceptance Solutions, features eight charts that provide a blueprint for merchants in Mexico to increase customer satisfaction and drive revenue.