August 05, 2024
Report: Amazon Pay and Google Pay Among Firms to Offer...
The Reserve Bank of India’s (RBI’s) offer to allow payment firms to enable eRupee transactions via their platforms has reportedly been taken up by five such firms. Google Pay, Walmart-backed PhonePe, Amazon Pay, Cred and Mobikwik...
August 02, 2024
Major Retailers Under Scrutiny After Amazon Forecasts Weak Sales
Analysts are reportedly awaiting earnings reports from major retailers with interest after Amazon’s latest results “sent a chill” through the sector. Amazon reported its results Thursday (Aug. 1), while Walmart...
August 02, 2024
DoorDash Sees Digital Orders Surge Despite Industry Headwinds
As consumers look to cut costs amid ongoing financial pressures, DoorDash is seeing that digital ordering is largely protected from the traffic declines experienced across other channels in the restaurant...
August 02, 2024
Walmart and Amazon Step Up the Race for Digital Ad...
As Walmart and Amazon look to boost their margins through digital media sales, the two retail giants are sweetening the deal for potential advertisers. The former announced last month that...
July 31, 2024
New Deals and Digital Expansion Drive Mastercard’s Q2 Revenue Surge
Playing a hot hand of new deals and balanced global consumer spending, Mastercard posted double-digit revenue growth for the second quarter, as announced in its earnings call Wednesday (July 31)....
July 30, 2024
More Than Two-Thirds of US Consumers Now Subscribe to Amazon...
Amazon Prime membership is on the rise, encompassing the majority of consumers, but PYMNTS Intelligence data shows that Walmart’s quickly growing membership is becoming a force to be reckoned with....
July 30, 2024
PayPal Boosts Revenue Forecasts With New Small Business Features and...
If the global consumer is showing signs of cutting spending, PayPal didn’t get that email. The digital payments and peer-to-peer platform on Tuesday (July 30) posted better than expected Q2...
July 29, 2024
GenAI Giants Unleash New Models With More Business Capabilities
In a move that’s sending ripples through the tech and business worlds, Meta Platforms has unveiled its most advanced AI models yet, challenging industry leaders OpenAI and Google. The release...
July 29, 2024
Gift Card Scams Surge as Maryland Enacts Law Amid Federal...
Gift card scams are back in the news, with two federal agencies issuing warnings about their proliferation and one state now passing a law aimed at stopping its latest iteration...
