PYMNTS News

7 in 10 Consumers Want eGrocery Options From an Everyday App
7 in 10 Consumers Want eGrocery Options From an Everyday App
September 08, 2023  |  Consumer Insights

Consumers want their grocery shopping routines to be integrated with the rest of their digital lives, PYMNTS Intelligence reveals. By the Numbers For the recent...

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Subway Relaunches Loyalty Program as QSRs Drive Digital Orders
Subway Relaunches Loyalty Program as QSRs Drive Digital Orders
September 08, 2023  |  Restaurant Roundup

This week in restaurant news, Subway rethinks its rewards strategy, Chick-fil-A expands its mobile order drive-thru lanes and Whataburger opens its first digital-only location. As...

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Former Google CEO Eric Schmidt Emerges as Leader on AI Policy
Former Google CEO Eric Schmidt Emerges as Leader on AI Policy
September 08, 2023  |  Artificial Intelligence

Eric Schmidt, the former CEO of Google, has reportedly emerged as a powerful force in the world of technology and artificial intelligence (AI). With a...

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Ant Group Launches Specialized Large Language Model for Finance Industry
Ant Group Launches Specialized Large Language Model for Finance Industry
September 08, 2023  |  artificial intelligence

Ant Group has launched a financial large language model (LLM) and two applications that it powers in the China market. The financial LLM is a specialized...

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Report: Alibaba Delays Freshippo IPO Due to Weak Demand
Report: Alibaba Delays Freshippo IPO Due to Weak Demand
September 08, 2023  |  IPO

Alibaba Group Holding has reportedly decided to delay the potential initial public offering (IPO) of its grocery chain, Freshippo, in Hong Kong due to weak sentiment for...

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Payments Startup Flutterwave Partners IndusInd Bank to Expand Into India
Payments Startup Flutterwave Partners IndusInd Bank to Expand Into India
September 08, 2023  |  Partnerships

African payments startup Flutterwave is reportedly expanding into the Indian market through a partnership with IndusInd Bank. This move makes Flutterwave the first African company to scale up...

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Consumer Expenditures Leap 9% in 2022 as ‘Everyday’ Spend Grows Faster Than Income
Consumer Expenditures Leap 9% in 2022 as ‘Everyday’ Spend Grows Faster Than Income
September 08, 2023  |  Economy

The year 2022 marked a continued emergence from the pandemic, and new data show just how much — and how fast — we spent our...

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Unmasking Digital Imposters Is Rising Priority for Industrial Economy
Unmasking Digital Imposters Is Rising Priority for Industrial Economy
September 08, 2023  |  Security & Fraud

Fraud moves fast, particularly within industries that have historically moved slowly. As legacy sectors like shipping, transportation and logistics begin to trade in the phones...

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British Neobank Zopa Raises $93 Million to Fuel Growth
British Neobank Zopa Raises $93 Million to Fuel Growth
September 08, 2023  |  Investments

British neobank Zopa Bank has raised 75 million pounds ($93 million) to fuel its “continuous growth and expansion.” The company has now raised a total of...

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