The Federal Reserve started onboarding participants for its FedNow pilot test as its 2023 launch date approaches.
Established brands—and not DNVBs—will drive the vast majority of D2C ecommerce sales.
Consumer spending hasn’t slowed despite rising costs: But that may be tested as companies such as Whirlpool and Clorox plan additional price increases.
Amazon aggregator Thrasio announced layoffs and a CEO change: The company’s hypergrowth business model drove it to rapidly acquire new enterprises without paying heed to the infrastructure needed to sustain success.
In 2021, cryptocurrency accounted for $6.10 billion worth of transactions worldwide, up 177.3% from $2.20 billion the year before. Come 2023, crypto transaction value will hit $16.16 billion as more businesses accept these digital currencies as payment.
Snapchat sees augmented reality as the key to social commerce success: The social media platform’s new AR creation suite enables businesses and shoppers to utilize the tech on and off the app.
Google targets sensitive advertising categories: The search and display giant is allowing consumers to see fewer ads on certain topics, but who decides what’s sensitive and what isn’t?
Almost one-quarter of US adult Netflix users aren’t paying to use the platform. The majority, or 63%, pay full cost, while 14% share the fee with other users. Netflix’s challenge is to figure out how to get freeloaders to pay their dues.
Victoria’s Secret adds Amazon to its ecommerce playbook: Selling on Amazon’s marketplace enables retailers to find online shoppers where they’re already looking. But doing so comes at a cost.
The card network posted Q1 growth across the board—especially in cross-border volume—despite boycotting Russia.
On today's episode, we discuss Elon Musk buying Twitter, retailers' efforts on hybrid shopping, how to keep consumers' attention, the first Meta store, how much the average American gets back in their taxes, and more. Tune in to the discussion with our analysts Yory Wurmser and Blake Droesch and director of reports editing Rahul Chadha.
The payments behemoth singled out digital wallets as a way to boost engagement going forward.