Новости за 05.11.2021

Today in restaurant and grocery tech news: Shake Shack and Applebee’s benefit from enhanced in-restaurant technologies, while conversely, The Cheesecake Factory is building out its off-premise business. Plus, Noodles & Company CMO Stacey Pool tells PYMNTS how the brand is using data analytics to turn digital newcomers into loyal customers. Restaurants’ Financial Results Reveal In-Store […]

In today’s top retail news, increased memberships at Planet Fitness and slowing growth at Peloton suggest in-home fitness may be a pandemic fad for some consumers, while retailers look for ways to combat abuse of their return policies and promotions. Also, Pinterest said it’s fine going on alone just weeks after PayPal denied reports that […]

Mobile carrier Verizon this week announced a connected healthcare project, an “ultra-secure” 5G setup for the Department of Defense and 5G features aimed at public safety professionals that showcase the new wireless technology’s capabilities for making communications faster — and more secure. Overcoming Healthcare Hurdles Verizon’s connected healthcare project aims to create a single, secure […]

Pacsun is introducing a dedicated store for kids and just launched its first location at the Mall of America, the largest mall in the U.S. located in Bloomington, Minnesota, according to a Friday (Nov. 5) press release. The American retail clothing brand is moving to grow its in-store presence with a dedicated branch of Pacsun Kids […]

The Polish eCommerce firm Allegro hopes to create a regional platform through its $1.02 billion purchase of the Czech online retailer Mall Group. As Reuters reported on Friday (Nov. 5), the deal will see Allegro acquire Mall Group’s eCommerce assets — along with the logistics assets of WE|DO from Jakub Havrlant's Rockaway Capital investment group, […]

Colombian delivery app Rappi Inc. is planning its initial public offering (IPO) for late in 2022, co-founder Juan Pablo Ortega told Bloomberg at the Web Summit conference in Lisbon, Portugal, for its report Friday (Nov. 5).   Rappi, which is backed by SoftBank Group Corp., has “held informal conversations with banks, and plans to hire advisers […]

Digital asset platform Bakkt Holdings, Inc. on Friday (Nov. 5) said users and partners will soon be able to buy, sell and hold ether, the cryptocurrency of the Ethereum network, and users can send Ethereum to family and friends through the Bakkt app.  In Bakkt’s recent “U.S. Consumer Crypto Survey,” almost half the respondents had […]

The personal finance company NerdWallet saw its stock jump nearly 90% on Thursday (Nov. 4) in the aftermath of its initial public offering (IPO), a rise that led the Nasdaq to briefly halt trades on the stock three times. According to Seeking Alpha, NerdWallet’s stock opened at 11:34 a.m. at $23.50 a share and soon […]

Connected vehicles and the data they generate continue to be put to new uses. This week saw the announcement of some new applications that are being developed or expanded. Among them are technology that makes renting a car a completely digital experience, an initiative to pilot autonomous electric haulers in a quarry, and connected car […]

The great reopening is hitting companies in different ways, as evidenced in the ongoing earnings season’s reports and commentary. At this writing, and perhaps most visibly, shares of Peloton are down roughly 25%, as the movement of doing everything at home over much of the past year seems to be reversing. For Peloton, the reversal […]

Australia’s banking watchdog is taking a closer look into the decision by the Commonwealth Bank of Australia (CBA), the country’s largest lender, to move into crypto trading, according to Reuters and other media outlets. CBA, an Australian multinational bank with businesses across New Zealand, Asia, the U.S. and the U.K., is the first bank in […]

With consumers having returned to restaurants for in-store ordering and/or on-premises dining, brands seeing the greatest success are those that have invested in onsite restaurant technologies, bringing the digital shift into their stores. Consumers, having grown accustomed to eCommerce speed and convenience, are increasingly coming to expect these digital integrations. Shake Shack, a New York-based […]

Pinterest is continuing to invest in transitioning the photo-sharing social media site to a center of commerce even as monthly user growth continues to slow, with executives saying they are confident in the company’s plans as a stand-alone business. Last month, reports emerged that PayPal was in late-stage talks to acquire Pinterest for an estimated […]

Etsy positions itself as the antidote to commoditized eCommerce platforms. Plus, Wayfair hints that it will have a larger physical presence next year, and shopping centers face a traffic problem heading into the holiday shopping season. Data: 29M: Active Wayfair customers as of Sept. 30. 5M: Number of sellers on Etsy’s global marketplace. 87%: Share […]

When you think of voice-powered assistants, the first thought is likely Alexa (sorry, Siri and Google Assistant) — Amazon’s offering has nearly two-thirds of the voice artificial intelligence (AI) market, giving the company a leg up in its connections to consumers. Walmart, however, is taking a swing at creating a conversational platform of its own, […]

Losing over 2% of revenue each year would be cause for great concern for most consumers — yet for many eCommerce businesses, it’s a fact of life that they struggle to combat as bad actors abuse policies that are meant to make things easier for consumers. PYMNTS research, conducted in collaboration with Forter, found that […]

Online coupon platform Groupon and financial services company Square on Friday (Nov. 5) unveiled a collaboration that allows local merchants to use Square’s App Marketplace to launch marketing campaigns on Groupon. The Groupon-Square partnership also lets Beauty and Wellness and Things to Do sellers on Square use Square Appointments for Groupon rollouts. “We’re laser-focused on […]

eBay on Friday (Nov. 5) debuted The Sleigh Drop sneaker sales promotion that gives buyers access to “some of the world’s coolest collections” from sneaker enthusiasts La La Anthony, DJ Skee and Jacques Slade during the holiday season. The initiative starts with sneaker seller SoleStage listing more than 700 pairs of shoes from DJ Skee’s […]

Employers may have embraced an increasingly remote and global workforce, but paying workers around the world is not without its challenges. In the latest Cross-Border Enterprise Payments Innovation Playbook, Upwork’s Michelle Swiec discusses the digital payment solutions that can help employers pay in a seamless yet cost-effective manner.

Shop global, pay local. In the latest Cross-Border Retail Payments Tracker, Morgan Blake, vice president of Payments at Etsy, explains how providing locally relevant payment methods simplifies checkout and drives conversion.

As payments move swiftly from the prosaic last step in transactions to become the digital front door of a kinetic connected economy, top executives at leading global firms are acutely aware of connected economy implications, envisioning the next phase of the connected digital shift. In a conversation with PYMNTS CEO Karen Webster, J.P. Morgan’s Global Head of Innovation and Corporate Development […]

Stablecoins have been grabbing headlines amid increased scrutiny from the Treasury Department and calls on Congress for stricter regulation — with no shortage of other financial services watchdogs weighing in too. What gets lost in the debate, said Circle’s Dante Disparte, is how cryptocurrency — in particular, stablecoins, which are pegged to currencies like the […]

Businesses worldwide enhanced their digital platforms to meet the needs of health-conscious consumers during the pandemic. As a result, the number of online profiles increased, and many consumers plan to keep conducting transactions digitally in some capacity. With the massive digital expansion, however, fraud attacks such as phishing, ransomware and malware increased from 5,000 attacks […]

Getting paid fast is more than just a benefit for gig workers. It has become a necessity in today’s challenging economic climate. Some employers are ahead of the game when it comes to providing speedy disbursements for their gig workers, with ridesharing giant Lyft being one notable example. The company announced in 2015 that it […]

The financial services landscape is set to change drastically as open banking permeates and changes the way consumers view and use their financial information. As such, regulators, financial institutions and FinTechs have all been striving to create a mutually beneficial relationship surrounding the use of so-called consumer permissioned data (CPD), a trend that will test […]