In 2019, Chinese consumers spent $149 billion across the Chinese New Year holiday, according to China’s Ministry of Commerce — a sum widely expected to be exceeded in 2020 to the tune of $156 billion. It is among the reasons why the holiday is most...
A little more than a year ago, PYMNTS started tracking the race for the consumer’s whole paycheck between the two retail behemoths that have been expanding their respective ecosystems in the process: Amazon and Walmart. At the time, in November 2018, it became clear that...
The end of one decade, the beginning of another. Might the coming year be marked by innovation at the point of sale (POS)? The PYMNTS 2019 end-of-year survey of 30 executives asked for payment-related predictions that could (theoretically) be placed in a time capsule to...
Bitcoin investors are in for a halving event in 2020 that could potentially give their currency a boost, according to Bloomberg. A halving event refers to the process in which the reward that Bitcoin creators get for creating fresh bitcoins will be cut in half....
January 24, 2020
In 2019, Chinese consumers spent $149 billion across the Chinese New Year holiday, according to China’s Ministry of Commerce — a sum widely expected to be exceeded in 2020 to the tune of $156 billion. It is among the reasons why the holiday is most commonly referred to in the U.S. as the Chinese New […]
December 31, 2019
A little more than a year ago, PYMNTS started tracking the race for the consumer’s whole paycheck between the two retail behemoths that have been expanding their respective ecosystems in...
December 31, 2019
The end of one decade, the beginning of another. Might the coming year be marked by innovation at the point of sale (POS)? The PYMNTS 2019 end-of-year survey of 30...
June 26, 2019
The 2010s are almost over — get ready for the 2020s. PYMNTS queried 29 payments execs to get a sense of the most important payment innovations of the last 10...
February 14, 2020
Both factory output and a key measurement statistic for retail sales were down in January, signaling a slow start to the economy this year, according to a report by Bloomberg. Output for manufacturing was down 0.1 percent from December, mostly due to Boeing halting production of its 737 Max plane. The control group of retail […]
December 31, 2019
Bitcoin investors are in for a halving event in 2020 that could potentially give their currency a boost, according to Bloomberg. A halving event refers to the process in which...
December 30, 2019
Delivery service Postmates and popular coconut water drink Vita Coco are partnering with Manhattan deli Lenwich to offer a whimsical but practical 2020 “hangover remedy kit,” according to Fox Business....
December 30, 2019
Apple is confident that strong sales of its Apple Watch and AirPods will be the ticket to drive up the company’s stocks in 2020, according to CNBC. CNBC spoke Monday (Dec....
