Modern card issuers are turbocharging the issuer processor space by offering API-based, customizable card solutions for non-financial services companies. Mobile payment services, ecommerce marketplaces, and the gig economy are in their sights—along with $17.12 billion in issuer processing revenues.
Financial stress rises as high inflation, market volatility weigh on consumer confidence: Fifty-eight percent of US households are living paycheck to paycheck, including almost one-third of affluent households.
Target offers a year-long return policy for its private labels: That’s a very different approach from most retailers, which have made steps to clamp down on returns.
Internet use is growing the fastest in the Middle East and Africa, where about 80 million more people will go online at least once per month between 2023 and 2027, according to our forecast. Roughly 60% of the global population will use the internet regularly.
Walmart Connect looks to attract more self-service advertisers: Adding new creative partners to bolster self-service campaigns should help it attract more small- and medium-sized businesses to its platform. (This article was written with the assistance of ChatGPT.)
Retail media’s rise in popularity is being boosted by increasing ecommerce sales, a wide variety of ad formats, and established retailer-brand relationships. But an increasingly crowded space may have advertisers feeling overwhelmed, which could put a bit of strain on retail media’s growth.
The 15 biggest US ecommerce players aren’t a surprise (here’s looking at you, Amazon, Walmart, and Apple). User-friendly mobile apps, quick delivery, innovation, and converting sales are what turn retailers into ecommerce powerhouses. Here are the companies our analysts believe best exemplify those features within the 15 largest ecommerce players.
Partnering with local fleet operators bolsters the country’s clean-energy push amid alarming pollution levels. However, insufficient charging infrastructure remains an obstacle.
Consumers’ pullback in discretionary spending is having an outsized impact on Best Buy: The retailer’s comparable sales fell 10.1% year-over-year in Q1.
Digital health startups to watch: We spotlight caregiver platform Wellthy and health data marketplace Prognos Health on the back of fresh funding.
Price transparency matters on prescription drugs: Cost can determine whether consumers pick up their meds. And they’re moving to digital channels to get price information.
Omada Health opts not to prescribe trendy obesity drugs: The company’s insurer and employer customers will be spared from making difficult Rx coverage decisions.
Netflix password-sharing changes are here: US account holders will soon have to pay for new users, but there are limits based on subscription tiers.
Comcast’s cord-cutting pivot: Its Now TV will offer an attractively priced streaming option combining live and ad-supported channels.
Intensifying competition in the cyber insurance space will lead to more price competition as smaller firms seek to bolster protection.
Booming insurance app uptake creates opportunities for insurtechs, which can better capitalize on their tech-focused offerings than incumbents.
Integrating ChatGPT features in Windows 11, Bing, and Edge might mean a renaissance for all things Microsoft.
AI is showing black swan effects: The technology is keeping markets afloat while also causing panic and apprehension among Wall Street investors. Regulators are in a bind.
Meta forced to sell Giphy at $262M loss: Recent financial blows raise questions about Meta’s strategy amid regulatory scrutiny and a quickly changing tech landscape. Investor favor won’t last forever.
The LGBTQ+ bank’s demise highlights the risks of challengers stunting their growth by targeting a too-narrow demographic.