Director Rohit Chopra said he’s looking into issues like P2P payments fraud, which could lead to stricter regulation down the road.
Meta shares its earnings with creators: New Reels ads expand choices for brands and revenue opportunities for influencers.
Twitter’s edit feature paves its super app path: Paid subscribers can now edit tweets, and the feature could open up a new revenue stream and payments backbone necessary to fuel super app aspirations.
Amazon abandons Scout: The last-mile delivery robots have been decommissioned as Amazon grapples with slowing profits. The setback could slow down innovation and competition in the delivery automation space.
The labor market is cooling—slowly: US employers added fewer jobs in September, but demand for workers still far outstrips supply.
European retailers turn out the lights as energy crisis looms large: Companies from Lidl to LVMH are drastically reducing their energy usage ahead of a potential shortage this winter.
Amazon’s Early Access Sale is primed for success: The event is expected to attract more shoppers—and spending—than ever before, despite competing sales from Target and Walmart.
Retailers need to clear their inventory glut ASAP: Those excess goods are eating into their bottom lines, which is why Amazon, Walmart, and others have already launched their holiday sales.
On today’s episode, we discuss the headwinds of economic uncertainty facing two constituents of the credit card ecosystem: issuers and merchant service providers. In our “Headlines” segment, we focus on the tensions between merchants and card issuers/networks. In “Story by Numbers,” we break down the challenges the industry is currently facing. And in a new segment called “Pretend CEO,” our analyst David Morris gives his best guidance to credit card companies and merchant service providers on concrete steps to take during these uncertain times. Tune in to the discussion with host Rob Rubin and analyst David Morris.
The ecommerce boom has been powered almost entirely by a few innovations: Mobile and retail media are two of the largest contributors. But what are the others?
Supply chains snafus are easing, but retailers aren’t out of the woods yet: More investment in supply chain management and automation is needed to futureproof operations as climate change disrupts logistics networks.
While many US adults report not using cash most weeks, just how much cash you use depends on who you are.
Expect a transformation at Twitter over the next few years: We outline where the platform will and won’t change once Elon Musk’s purchase goes through.
Shein’s expanding its US distribution centers in an effort to expand its American market. That’s good news for US customers, who currently wait up to 15 days for deliveries from the Chinese brand.
Digitally native D2C brands’ ecommerce growth is decelerating: That’s forcing these retailers to adopt new strategies such as opening stores and selling wholesale.