Новости за 23.04.2024

With ongoing financial challenges prompting consumers to make more conservative spending changes, major membership wholesale clubs’ latest promotions suggest they are having trouble getting shoppers to spring for full-priced memberships. In the last few weeks alone, Costco brought back its $20 membership deal, BJ’s Wholesale Club kicked off an offer to provide $20 memberships (provided […]

Perplexity has reportedly raised $63 million as it aims to compete with Google’s search engine. The new funding round values the artificial intelligence (AI) startup at $1 billion, marking a two-fold jump in valuation so far this year, Bloomberg News reported Tuesday (April 23). As the report notes, the not yet 2-year-old company offers an AI chatbot that summarizes search […]

Accounting and human resources and finance firm Countsy has debuted an online platform. Announced Tuesday (April 23), countsy.ai is designed to simplify back-office management by providing a centralized place for essential business tools and team collaboration. “We designed our new portal to streamline the often complex back office operations for our clients,” Mairtini Ni Dhomhnaill, founder of Countsy, said in a news […]

Banking software company Temenos has appointed Jean-Pierre Brulard as CEO, effective May 1. Brulard will succeed Andreas Andreades, who will retire from the company, Temenos said in a Tuesday (April 23) press release. Brulard was most recently with VMWare, a $61 billion U.S.-listed cloud computing and virtualization software company, according to the release. He was […]

Spotify is tuned in to upbeat earnings outcomes, marking a robust beginning to its designated “year of monetization” after a standout performance in 2023 characterized by significant revenue growth, margin expansion, and enhanced efficiency. First-quarter earnings released on Tuesday (April 23) showed significant increases across key metrics, with monthly active users (MAU) surging by 19% […]

PayU has received in-principle authorization from the Reserve Bank of India (RBI) to operate as a payments aggregator. With this approval, the digital financial services provider can start onboarding new merchants to its platform, PayU said in a Tuesday (April 23) press release emailed to PYMNTS.  “This license is pivotal in our mission to establish a globally […]

Consumers find stores’ own online grocery platforms more accessible than third-party marketplace offerings, bucking broader retail trends. Now, major players such as Amazon and DoorDash are trying to win those shoppers over by making their offerings more accessible — the former in terms of price, the latter in terms of geographic availability. Amazon announced Tuesday […]

Saks is now offering digital advertising to connect brands with luxury shoppers on its platform. The new Saks Media Network delivers sponsored product ads and display banners on the luxury eCommerce platform, Saks.com, the retailer said in a Tuesday (April 23) press release. “Our view of the full shopping journey across the Saks Fifth Avenue digital and […]

Few things must be as frustrating to an eCommerce merchant as cart abandonment. But, as PYMNTS Intelligence found in compiling its “How Preferred Payment Availability Can Reduce Cart Abandonment” report in a collaboration with Adobe, merchants shouldn’t take cart abandonment personally. Our data reveals that millennials walk away from an average of five virtual carts a […]

PepsiCo is crediting its quarterly growth to resilient consumer behavior, especially on an international scale.  The soda and snack food giant on Tuesday (April 23) released earnings showing 2.3% net revenue growth, while forecasting an additional 4% for the coming year. “I would say the consumer globally, we think, is very resilient,” Ramon Laguarta, PepsiCo’s chairman and CEO, […]

UPS is looking to returns and big-and-bulky deliveries to expand its addressable market at a time when its shipping volumes have been decreasing.  The company saw a slower rate of decline in shipping volumes during the first quarter while still facing a challenging macroeconomic environment, UPS executives said Tuesday (April 23) during the company’s quarterly […]

Cryptocurrency giant Binance could soon find it harder to do business in the Philippines. The country’s Securities and Exchange Commission (SEC) on Tuesday (April 23) called on Apple and Google to remove Binance’s app from their app stores, a move that followed months of the regulator warning residents not to do business with the company. Commission Chairperson Emilio Aquino said in a news […]

Teamwork makes the dream work. And when the dream is an interoperable virtual reality (VR) world based on a proprietary operating system (OS), you are going to need a big team.  This, as on Monday (April 22) Meta announced it would be opening the operating system, Horizon OS, which powers the company’s Meta Quest metaverse headsets, up […]

When trying unfamiliar products online, consumers demand a high degree of expert, personalized guidance — the kind that they are used to getting in stores — and artificial intelligence (AI) can go a long way toward helping shoppers get over their initial hesitance. In an interview with PYMNTS, Emily Heintz, founder and chief curator at […]

Google aims to move faster and get closer to its customers as it meets “systemic” challenges. Prabhakar Raghavan, senior vice president at Google responsible for search, assistant, geo, ads, commerceand payments products, told employees this during an all-hands meeting in March, CNBC reported Tuesday (April 23), citing an audio recording of the event. Raghavan will […]

Fiserv’s most recent earnings call Tuesday (April 23) demonstrated continued demand for its point-of-sale (POS) systems that enable merchants to accept payments. The company posted results that showed consolidated adjusted revenue growth of 7% in the first quarter to $4.9 billion. Fiserv CEO Frank Bisignano said during the call that both segments — Merchant Solutions […]

Amazon has introduced grocery delivery subscriptions for Prime members and EBT users. The new service, announced Tuesday (April 23), is launching in more than 3,500 locations around the U.S. It gives Prime members willing to spend $9.99 per month unlimited grocery deliveries on orders of $35 from Amazon Fresh, Whole Foods and a variety of other grocery stores and specialty retailers. […]

Access to financial resources is undeniably critical for business success. Without it, the road ahead can be fraught with challenges, potentially leading to the demise of even the most promising ventures.  Yet, for independent creators — whether they are influencers, musicians or content creators — the landscape is uniquely complex.  “Access to business loans and […]

Apple’s troubles in China continue, with iPhone sales reportedly plummeting 19% during the last quarter. That brought the company’s flagship product to its worst performance since the start of the COVID pandemic in 2020, Bloomberg news reported Tuesday (April 23), citing data from Counterpoint Research. Apple dropped to third place in the market, that report said, putting it […]

Standard Chartered has partnered with Visa to facilitate cross-border B2B payments for the bank’s corporate clients.  The bank has joined the Visa B2B Connect multilateral payment network and has become Visa’s new settlement partner for a set of currencies, the companies said in a press release emailed to PYMNTS. The solution will launch first for clients of Standard Chartered […]

Microsoft has introduced its smallest artificial intelligence (AI) model, aimed at businesses with limited resources. The company’s Phi-3-mini can perform tasks like content creation for social media while using less data, Reuters reported Tuesday (April 23), while outperforming models twice its size. The report notes that Microsoft argues that because smaller AI models are built […]

Cross-border payments firm Thunes is set to acquire all-in-one-payments platform Tilia. The deal, announced Tuesday (April 23), is aimed at speeding Thunes’ growth in the U.S. and its presence in the online gaming market. “The acquisition of Tilia demonstrates our ambition in the United States,” Floris de Kort, Thunes’ recently appointed chief executive, said in […]

Management guru Peter Drucker once said that “wherever you see a successful business, somebody made a courageous decision.” That’s the spirit behind the Certainty Project, a study from PYMNTS Intelligence highlighting the implications of decision-making in financial operations.  And according to a recent panel discussion of industry heavyweights that featured Robin Boudsocq, head of commercial cards at Citi; […]

To the hammer of a bad actor, everything vulnerable looks like a nail. And with the rise of sophisticated fraud techniques, organizations like financial institutions that are operating within security-critical sectors are increasingly faced with the daunting task of safeguarding against a shifting mix of fraudulent attack strategies from adversaries and criminals — both online […]

As global head of product at payment processor i2c, Seth Perlman has seen his share of headwinds and tailwinds in the banking business, including stints at Visa, Fiserv and PayPal. But the first quarter that just wrapped has been one for the books. “Financial institutions know how to handle changing interest rates, inflation and some […]