Новости за 30.04.2024

Typically, consumers’ preferred purchasing channel remains the physical store, but when it comes to buying electronics, shoppers turn to third-party marketplaces for affordability and convenience. By the Numbers The new PYMNTS Intelligence report “The Online Features Driving Consumers to Shop With Brands, Retailers or Marketplaces” drew from a study of more than 3,500 U.S. consumers to understand […]

Most small to mid-sized businesses (SMBs) located up and down Main Street, USA, are doing just fine, thank you very much.  In fact, according to PYMNTS Intelligence data, business growth and wages for more than half of U.S. Main Street SMBs are outpacing last quarter’s national GDP rate of 5.7%.  Those are just two takeaways […]

The more complex a pricing structure, the more likely consumers are to pay more for products like credit cards, bank accounts, mortgages and auto loans. So said the Consumer Financial Protection Bureau (CFPB) in a Tuesday (April 30) press release announcing results from its new report, “Price Complexity in Laboratory Markets.” “The research has implications […]

Sam’s Club said its artificial intelligence (AI)-powered exit scanners are now in 120 stores. The technology, first announced in January, eliminates the practice of having customers wait in line as they exit the bulk retailer to have their receipts checked by employees. “Sam’s Club’s rapid deployment of its exit technology represents the largest-scale implementation of member-facing AI-powered technology in […]

No matter which side of the Atlantic they are on, grocery shoppers want loyalty programs with smarter, more relevant messaging, and merchants across the United Kingdom and the United States are rising to meet this demand. U.K. grocery giant Tesco, for its part, is looking to drive rewards adoption using artificial intelligence to power a six-week promotion event using […]

From safeguarding online purchases to strengthening eCommerce ecosystems, strong customer authentication (SCA) helps confirm remote electronic transactions, reshaping the digital commerce landscape. While its mandatory implementation in Europe has effectively curbed fraud stemming from the theft of customers’ credentials, a new report by the European Banking Authority (EBA) revealed a concerning trend. Despite the presence of SCA, fraudsters have managed to adapt, employing increasingly […]

LTK now offers new, longer-format videos on its commerce platform for creators. The company has also added a new Products Tab and Link Optimization technology, LTK said in a Tuesday (April 30) press release. “We continue to invest in improving our tech and designing experiences that are seamless, intuitive and get creators credit so they […]

Payments technology firm Fiserv is offering billers new communications tools to get paid faster. The new capabilities, announced Tuesday (April 30), let billers incorporate call-to-action notifications and alerts into existing workflows to send personalized bill payment reminders or messages using email, texts, phone calls or interactive voice response systems.  “Billers are seeking effective ways to engage their customers […]

Consumer finance company Synchrony has launched a partnership with contractor-focused software platform ServiceTitan. The collaboration is designed to make it easier for contractors to offer financing to customers, according to a Tuesday (April 30) press release. “Our top priority at ServiceTitan is providing contractors with the solutions they need to grow their business while delivering […]

Cleo has introduced an order automation solution designed to help suppliers offer an enhanced B2B buying experience to their customers. The new CIC ORCA (Order-to-Cash Automation) portal delivers an “eCommerce to EDI [electronic data interchange]” workflow without requiring B2B buyers to understand or invest in EDI, the company said in a Tuesday (April 30) press […]

Are companies offering payments services in Great Britain prepared for disruptions such as cyberattacks? Sasha Mills, executive director for financial market infrastructure (FMI) at the Bank of England (BOE) said there is still work to be done.  In a speech Tuesday (April 30), Mills said these companies — FMIs, as she calls them — need to […]

Amazon Web Services (AWS) announced the general availability of its generative artificial intelligence-powered assistants for software development and business decision-making. One assistant, Amazon Q Developer, generates code, tests, debugs and implements new code generated from developer requests, the company said in a Tuesday (April 30) press release. Amazon Q Developer generates code suggestions and recommendations in near real time, autonomously […]

Many gamers are open to making purchases while they explore their favorite virtual worlds, and retailers are seizing on the opportunity. Most recently, Walmart launched a store within the world of Roblox Monday (April 29) where consumers can buy virtual items and have the real product shipped to them, Digiday reported. “We are excited to start testing real-world commerce as a key step towards enabling […]

Federal regulators are examining Walmart’s plan to buy smart television maker Vizio. The Federal Trade Commission (FTC) is conducting an antitrust review of the proposed $2.3 billion merger, Vizio said in a regulatory filing Tuesday (April 30). According to the filing, both companies on Monday (April 29) received a request for additional documents about the merger. The companies expect to promptly reply […]

PayPal’s transactions per active account grew by double digits in the latest quarter, and debit spending boosted results, while easier, faster checkout boosted conversions. Total payment volumes were up 14% to $403.9 billion in the quarter, the company said in its most recent earnings supplementals, released Tuesday (April 30). Active accounts were up 0.4%, adding […]

Eight in 10 small- to medium-sized businesses (SMBs) get paid via ad hoc payments for the goods and services they provide to larger organizations. The PYMNTS Intelligence’s study “How Instant Ad Hoc Payment Costs Impact Small SMBs” drew from a survey of 200 U.S. enterprises (those generating at least $50 million annually). It found that, […]

Walmart is shutting down its health centers and telehealth offering, saying there is not a sustainable business model for these operations to continue. The company will close all 51 Walmart Health centers across five states and Walmart Health Virtual Care, Walmart said in a Tuesday (April 30) press release. “This is a difficult decision, and like others, the challenging reimbursement […]

Canada’s Scotiabank has a new CEO for its global banking and markets (GBM) business. Travis Machen, who joins the bank from Morgan Stanley, is set to take on his new position on May 6, Scotiabank announced in a Monday (April 29) news release. “In this role, Mr. Machen will be responsible for leading the execution of a global banking […]

Apple has reportedly hired away dozens of artificial intelligence experts from Google. That’s according to a Tuesday (April 30) report by the Financial Times (FT), which analyzed hundreds of LinkedIn profiles, along with job postings and research papers. The analysis showed a hiring spree by the tech giant to expand its AI and machine learning operations, with Apple recruiting at least […]

Rite Aid has expanded its partnership with Uber Eats to include alcohol delivery in eight states. With this expansion, the pharmacy chain and the on-demand app now offer delivery of alcohol from nearly 1,000 Rite Aid stores in California, Idaho, Michigan, New York, Ohio, Oregon, Virginia and Washington, the companies said in a Tuesday (April 30) press release emailed to […]

Swap has raised $9 million in a Series A round to launch its global eCommerce platform designed to facilitate cross-border shipments. The new Swap Global will enable the company to help direct-to-consumer (DTC) brands unlock new markets with delivered duty paid (DDP) shipping, automated tax remittance and express customs clearance, the company said in a Tuesday (April 30) […]

Walmart is expanding its private-label offerings with the debut of “chef-inspired” food brand bettergoods. Announced Tuesday (April 30), bettergoods represents Walmart’s largest private-brand food rollout in two decades, the company said in a news release. It’s happening as a number of other retailers delve deeper into the world of private-label goods. “Today’s customers expect more from the private […]

Goldman Sachs is reportedly closer to exiting its General Motors credit card business. The banking giant is in discussions with Barclays to transfer the issuance of the cards, the latest in its long-term project to move away from consumer lending, the Wall Street Journal (WSJ) reported Tuesday (April 30). Barclays is the top contender to […]

Sovos has launched a solution designed to modernize how companies meet global indirect tax obligations. The new Indirect Tax Suite is part of the Sovos Compliance Cloud and helps enterprises manage all their indirect tax obligations with governments, buyers, suppliers and consumers, the provider of compliance solutions said in a Tuesday (April 30) press release emailed to PYMNTS.  […]

The financial services industry tends to think at opposite ends of the spectrum when it comes to business customers. Solutions providers, banks and credit card companies tend to pay a lot of attention to small business, as they do during the current Small Business Week (April 28 – May 3). And they also dedicate entire divisions to servicing […]