July 11, 2024
Specialty Retailers Step up Tech Stacks to Compete With Amazon
As specialty retailers look for ways to hold their own against Amazon’s growing lead, many are rethinking their tech efforts to be more competitive. Take, for instance, Guitar Center, which...
July 11, 2024
Pepsi: ‘Value-Conscious’ Consumers Cut Back on Snacks
PepsiCo’s snack food revenues dipped during its latest quarter as consumers continued to exercise caution. The food and beverage giant released second-quarter earnings results Thursday (July 11) showing revenue growth...
July 11, 2024
Does Amazon Need Saks Global to Conquer Luxury Retail?
Amazon turned 30 on July 5th and did something that nearly 70% of all women also say they do on their birthday: They bought themselves a present. On July 4th,...
July 11, 2024
Spain Emerges as Pivotal Player Within EU’s Digital Strategy
Their hometown heroes have reached the Champions League football final, and Spain is near the top of the table in PYMNTS Intelligence’s How The World Does Digital report. Capturing a...
July 10, 2024
Sonar Launches Service Identifying Compromised Customer Data
Fraud data sharing consortium Sonar has launched a new service that helps banks and FinTechs verify if their customer data has been compromised in a breach or used for fraudulent activities....
July 10, 2024
Embedded Finance Helps Business Buyers Move Commerce Online
Better product data, better browsing, transparent pricing — and the ability to click through the whole process — these are the hallmarks of consumer-facing online commerce. And, increasingly, the same...
July 10, 2024
Luxury Brands and Retailers Rethink Strategy Amid Economic Challenges
With the high cost of maintaining a luxury brand, key players are making major decisions, changing the way they operate to navigate the current challenging economic climate. Luxury brand Burberry,...
July 10, 2024
Carvana Adds New Features for Buying and Selling EVs
Online car marketplace Carvana has introduced new features for buying and selling electric vehicles (EVs). The company says its new streamlined process highlights vehicles qualifying for the Clean Vehicle Tax...
July 10, 2024
Alibaba: Generative AI Tools Drive 30% Increase in eCommerce Orders
Alibaba Group is reportedly using generative artificial intelligence to strengthen its renewed efforts to expand overseas. The Chinese eCommerce firm is using generative AI for tasks like providing translations for...
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.