Resilient consumer spending was a bright spot for Mastercard, but higher costs squeezed profits in Q1.
Pinterest beats analyst expectations, but faces greater costs and large net loss: Can the platform spend to grow during times of relative austerity?
Pinterest partners with Amazon to attract more advertisers and improve shopability: The move allows the social media platform to benefit from booming retail media demand, while growing Amazon Ads’ reach and inventory.
Mother’s Day spending is expected to reach a record $35.7 billion this year: Consumers plan to splash out on jewelry, electronics, and experiences, with more shoppers venturing back to stores. (This article was written with the assistance of ChatGPT.)
Cutting costs is the least of Gap’s problems: The retailer’s plans to lay off 1,800 employees may not be enough to revitalize growth as its relevance wanes.
Economic uncertainty is making it hard for some to keep up: Prolonged inflation, financial stress, and rising debt are making for a challenging environment.
Fintechs are better off cutting costs and scaling back expansion plans until the finance climate improves.
The IMF is pushing for global regulations, Coinbase is angry, and pan-European crypto rules are coming.
Launching a white-label mobile BNPL solution reinforces its push into installments as a service.
New features that meet business' needs could improve satisfaction, tighten loyalty, and grow business.
Cross-border and B2B payments pushed up the network’s payments volume during fiscal Q2.
Bed Bath & Beyond’s iconic coupons get a second life: The Container Store and Big Lots are temporarily accepting the bankrupt retailer’s coupons.
Consumer spending rose 3.7% in Q1: People continue to spend, even as high interest rates are take their toll on the broader US economy.
Amazon’s ad business powered the retailer to a better-than-expected Q1: A 21% increase in ad revenues helped offset flat sales growth in its ecommerce business.
Gen Zers value authenticity; male beauty consumers ask marketers to keep it simple; and Black, Indigenous, and people of color (BIPOC) beauty consumers want representation. Here are tactics to reach three different beauty consumers across #beautytok.
Consumers are weary of stowing banking products across several providers. Embracing super apps could help banks tackle their problem.
Paying interest on multicurrency accounts could add value to Wise’s suite of services, helping tighten loyalty
EPI wil pilot a digital wallet and instant payments system after axing its plans for a pan-European payments network