Новости за 12.04.2024

When it comes to winning the loyalty of shoppers who can be persuaded by personalized offers, PYMNTS Intelligence research reveals, email proves to be a key tool for merchants. By the Numbers The PYMNTS Intelligence report “Personalized Offers Are Powerful — but Too Often Off-Base,” created in collaboration with AWS, drew on responses from more […]

European neobank Bunq’s shareholders signed a commitment letter in March to provide 29 million euros (about $31 million) of capital to finance the company’s growth. The new commitment followed the majority shareholder’s injection of 125 million euros (about $133 million) up to December, Bunq said in its 2023 annual report. “2023 saw Bunq growing faster than ever,” […]

Citigroup’s latest results took note of continued spending on credit cards but there were some notes of caution in the mix. The earnings materials detailed that branded card-related volumes were 4% higher year on year in the March period, to just under $121 billion. End of period loans were 11% higher on those branded cards. […]

LinkedIn reportedly entered the influencer marketing business with last week’s launch of an offering that lets advertisers pay to amplify posts from independent creators. These new Thought Leader ads present an opportunity for brands to turn creators into brand ambassadors, as is commonly done on consumer apps like Instagram and TikTok, CNBC reported Friday (April […]

For traditional financial services providers — chiefly credit unions — the future belongs to youth. For FinTechs, in looking at Gen Z consumers, well, things are a bit more cautious. They feel, to put it bluntly, that the juice is not worth the squeeze. PYMNTS Intelligence, in delving into the mindset of more that 200 […]

The opening week of first-quarter earnings season was billed as a referendum on the state of the U.S. economy, specifically consumer spending. While Wells Fargo didn’t post stellar earnings Friday (April 12) it did vote “yes” on the economic prospects for the balance of 2024. “We continue to see strength in the U.S. economy,” CEO Charlie Scharf said during the company’s […]

OpenAI is reportedly stepping up its efforts to sell its artificial intelligence services to corporates worldwide. The company’s CEO, Sam Altman, hosted meetings this month in San Francisco, New York and London, each of which was attended by more than 100 corporate executives, Reuters reported Friday (April 12). The executives were from Fortune 500 companies in finance, healthcare, energy […]

Consumers are still spending, but JPMorgan CEO Jamie Dimon, in remarks accompanying the banking giant’s latest earnings Friday (April 12), detailed concerns over inflation’s impact. And “persistent inflation pressures,” as he termed them, among other factors, will be unpredictable. As Dimon stated in the earnings release, “we have never truly experienced the full effect of quantitative […]

Consumer sentiment remained essentially unchanged in April, as it has been since the beginning of the year. While the figure inched down 1.9% from March, it remained “remarkably steady” within a 2.5 index point range and under the 5-point change that is considered to be “statistically significant,” according to the April preliminary results from the […]

This week in artificial intelligence (AI) news, experts weigh in on Elon Musk’s prediction that AI will soon outsmart humans, companies are building custom AI chips to cut costs, analysts say the demand for quality data to feed AI programs will soon surpass supply and the mental health sector is seeing a boom in AI-powered […]

Across restaurants, grocers and nongrocery retailers, self-service is gaining ground, and merchants are making smarter choices about how they apply it. Take the restaurant industry, where a key concern is balancing efficiency and service. Bite, a self-service kiosk provider serving fast-casual, quick-service restaurants and convenience stores, announced in a Tuesday (April 9) press release that it […]

HighRadius has launched a B2B payments platform designed to improve payment processes across more than 100 payment methods globally. The platform is designed to meet the demand for cost-effective B2B payment solutions and for easier ways for customers to make payments, the company said in a Friday (April 12) press release. “Payments are a critical part of a customer’s […]

According to PYMNTS Intelligence, 95 million consumers would welcome a single mobile app to help manage their banking and shopping activities. This is one key finding in the report “Consumer Interest in an Everyday App,” which surveyed 3,320 consumers in the United States and Australia to gauge their level of interest in using a single […]

Epic Games proposed Thursday (April 11) that a federal judge require Google to allow greater competition in the distribution of apps for the Android mobile platform. This proposal, which was put forward in a court filing, follows a jury verdict in December 2023 that found that Google had abused its power as a gatekeeper for […]

Apple lost its bid to have part of a lawsuit in the United Kingdom dismissed. The lawsuit was filed on behalf of 1,500 U.K.-based app developers and alleged that Apple charged them unfair commissions on apps and other content purchased from the company’s App Store, Reuters reported Friday (April 12). The lawyers for Sean Ennis, a competition law professor […]

Elon Musk declared recently that artificial intelligence (AI) is on the verge of surpassing the intelligence of the smartest human beings, potentially as soon as next year or by 2026, setting off a vigorous debate among scholars, technologists and ethicists. The Tesla CEO’s prediction in an interview on X highlights the accelerating race toward developing AI […]

Disbursements are a critical part of the modern economy, with more than 170 million consumers in the United States receiving at least one within the past year. These come in many flavors, including Social Security payouts, insurance claim payouts and retail refunds. These payments all share one feature for consumers: They could be faster. According […]

With Amazon having just recently pulled ahead of Walmart in health and wellness, the latter is looking to regain its lead by expanding its presence in the space. The retailer is adding 18 more Walmart Health centers in Texas this year alone, per a Wednesday (April 10) announcement, on top of the existing four locations in the state. “We […]

Modern leadership requires data, communication, empathy, and above all a holistic view of the business. Call these pillars the new drivers of success. Increasingly, it is falling to today’s chief financial officers to synthesize them into a strategy that can optimize the business outcomes of their organizations. “The finance function is one of the roles […]

Talk of healthcare disparities has become more common. Consumers seek answers about factors contributing to these disparities and ways to overcome them. New research from PYMNTS Intelligence explores whether familial responsibilities and financial limitations drive the gender disparity in healthcare outcomes. There are clear differences in the extent to which women seek healthcare based on […]

Consumers make many choices when shopping, and perhaps no decision is more important than whether to complete a purchase. But in the world of eCommerce, cart abandonment — where shoppers select items only to walk away before the purchase — can be especially vexing. As PYMNTS Intelligence found in research for “How Preferred Payment Availability […]

On Friday (April 12), big banks will weigh in with their latest quarterly results, kicking off earnings season in an official manner. JPMorgan, Wells Fargo and Citi will give insight into the trends tied to consumer spending, commercial loans and delinquencies. Earnings supplementals and management commentary will provide a read-across to the platforms and digital lenders who make up […]

CarMax is deploying tech solutions to boost efficiency as it continues to deal with a tough environment for buying and selling used cars. “Fiscal 2024 was a challenging year across the used car industry as vehicle affordability and widespread macro factors continue to pressure sales,” CarMax President and CEO Bill Nash said Thursday (April 11) during the company’s […]

Sam Bankman-Fried appealed his conviction and 25-year prison sentence Thursday (April 11). The FTX founder, who was convicted in November 2023 and sentenced in March for stealing $8 billion from customers of the now-bankrupt cryptocurrency exchange, faces what could be a yearslong process in pursuing the appeal, Reuters reported Thursday (April 11). Bankman-Fried’s lawyers will need […]

The U.S. House of Representatives will again consider a bill designed to protect the country’s financial infrastructure from ransomware attacks. The bipartisan “Ransomware and Financial Stability Act” was reintroduced Thursday (April 11) by House Financial Services Committee Chairman Patrick McHenry, R-N.C., and Rep. Brittany Pettersen, D-Colo., the representatives said in a Thursday press release. Ransomware is a […]