Consumers in the United States have shown resilience while prioritizing speed and convenience, according to Walmart’s third-quarter earnings call Tuesday (Nov. 19). The retail giant reported a 5.5% increase in consolidated revenue for the third quarter of fiscal year 2025, reaching $169.6 billion — fueled...
TikTok is reportedly conducting a test that allows some creators to add product links from third-party affiliate networks to their posts. The affiliate networks include Amazon, Walmart, Target, Rakuten, Impact, CJ, Expedia, Clickbank, Temu and LTK, Modern Retail reported Tuesday (Nov. 19), citing social media...
Earlier this month, shares of Marqeta plunged more than 30% in the wake of weaker-than-expected guidance. The company pointed, in part, to delays in bank partners launching new programs. It said programs have been taking 40% longer to launch, and 15 projects were pushed out...
Perplexity has launched an artificial intelligence (AI)-powered shopping assistant in the U.S. and said it will expand it to additional markets. With the company’s new Buy With Pro, shoppers can both research and purchase products, Perplexity said in a Monday (Nov. 18) blog post. “It...
November 14, 2024
Apple’s reported upcoming artificial intelligence (AI)-powered display, launching as early as March, could shake up the connected device market by giving the tech giant its first central command center to drive eCommerce and smart home purchases through its ecosystem. The move may signal Apple’s broader ambition to capture a larger share of the smart home market, […]
November 14, 2024
Call it a financial services ecosystem or even a financial services marketplace. But don’t call MoneyLion a neobank. As CEO Dee Choubey told Karen Webster days after posting third-quarter earnings...
November 13, 2024
The average consumer has 5.3 bank accounts. Now that the Consumer Financial Protection Bureau has issued a final rule on data sharing, the age of open banking can get fully...
November 13, 2024
Small- to medium-sized businesses (SMBs) have historically faced outsized challenges relative to their own footprint. From managing ever-growing tech stacks to optimizing cash flow amidst economic volatility, SMBs already have...
November 19, 2024
Google Pay is expanding its buy now, pay later (BNPL) options with the addition of Afterpay and Klarna. Afterpay’s BNPL is now available to consumers checking out online through Google Pay at select merchants, the BNPL provider said in a Tuesday (Nov. 19) press release. Wider availability of Afterpay on the digital wallet will be […]
November 19, 2024
TikTok is reportedly conducting a test that allows some creators to add product links from third-party affiliate networks to their posts. The affiliate networks include Amazon, Walmart, Target, Rakuten, Impact,...
November 18, 2024
Perplexity has launched an artificial intelligence (AI)-powered shopping assistant in the U.S. and said it will expand it to additional markets. With the company’s new Buy With Pro, shoppers can...
November 18, 2024
Goldman Sachs plans to spin out GS DAP, its blockchain-based platform for participants in digital capital markets, from its Digital Assets business. The financial institution plans to explore strategic opportunities...
