Tag: Technology

October 17, 2023

So far, TalkShopLive has grown its roster of retail partners, including Walmart, Target and Best Buy. Last December, Best Buy offered an in-store pickup option for shoppers who bought items through the platform. The retailer enlisted TikTok influencer Noah Schnacky […]

October 16, 2023

With its continued efforts to grow its list of next-generational fulfillment center, Walmart is betting big on the benefits it can reap from offering quicker shipping and delivery. In June 2022, Walmart unveiled plans to open four next-generation fulfillment centers […]

October 13, 2023

The virtual makeup try-on experience is another way Walmart said it is creating personalized shopping experiences for its customers. Additionally, it’s making personalized experiences more accessible to customers who shop with the retailer, according to the release. The AI technology […]

October 12, 2023

Anthropologie enlisted Creative Director and Interior Designer Glen Proebstel to design and style the home using holiday trends from Pinterest. The apparel retailer partnered with Pinterest to assist with promoting the space because of the social media company’s trend analytics […]

October 10, 2023

In addition to the numerous other tech features, Walmart said it is developing virtual commerce, meaning shoppers can buy physical items within a virtual environment. The retailer has tested its capability within the online game House Flip, but it aims […]

October 6, 2023

The hunt by consumers for more affordable versions of premium products is nothing new. However, the rise of TikTok has been marked by a surge in popularity around “dupes” — a term short for duplicates meant to denote a less […]

September 26, 2023

The Federal Reserve’s launch of FedNow has garnered significant attention over the past several months. Touted as the U.S. version of a European-style network of real-time payments, the service was met with high expectations. In fact, many still hope that […]

September 5, 2023

A partnership between Amazon and Shopify marks a change in relationship between the two companies. In April 2022, Amazon launched its Buy with Prime feature to allow members to shop on websites outside Amazon while still accessing Prime benefits like […]

August 21, 2023

In her recent research on buy now, pay later, Consumer Reports Senior Policy Counsel Jennifer Chien was surprised by the wide variety of installment plan lengths and fees in the rapidly evolving market. “I came out of the research thinking […]

August 17, 2023

The equal monthly payments offering is now available at tens of thousands of other online stores, including Lenovo, Tennis Express and Authentic Watches, according to the email. The company first began offering BNPL financing in 2018, according to a spokesperson. […]

July 14, 2023

Apple has been steadily expanding its financial offerings in 2023. In March, it debuted a buy now, pay later service called Apple Pay Later. Then a month later, it added a high-yield savings account backed by investment bank Goldman Sachs. […]

June 29, 2023

The acquisition demonstrates Visa’s interest in global expansion under the new leadership of CEO Ryan McInerney, who was installed earlier this year after his time as president exploring the card giant’s worldwide operations. “Through the acquisition of Pismo, Visa can […]

June 8, 2023

In the rivalry between the two biggest U.S. card companies, Mastercard is betting on the rise of the open banking trend while Visa is less persuaded it will take off. The companies’ diverging views of the trend, which envisions consumers […]

May 25, 2023

Attendees at Nacha’s Smarter Faster Payments conference last month were coasting through a late morning panel discussion on fraud just before lunch when one panelist’s comments stirred up the ballroom. Consolidated Edison Director Frank D’Amadeo, who leads treasury operations at […]

May 16, 2023

PayPal has planned for months to name a new CEO to replace Dan Schulman before yearend. Now, the digital payments pioneer is coming under pressure to speed up the transition. “Some investors are getting frustrated with what they believe is […]

May 12, 2023

Paysend joins a crowded field of cross-border payments competitors that are increasingly tapping new payment rails for faster cross-border services. Offering remittances services for migrants sending payments to family and friends in other countries is where most of the rivals […]

May 3, 2023

Partners at AH Capital Management, the big-name venture capital firm better known as Andreessen Horowitz, see an opportunity for entrepreneurs to design payment systems in what they call “high-risk” niches, such as gaming, sports betting and cannabis. Those areas, where […]

May 2, 2023

After a soft launch for some ISV clients late in the first quarter, the service became available broadly this week, so all ISVs working with Fiserv can turn on this capability for their merchant clients, a Fiserv spokesperson said. Fiserv […]

February 27, 2023

While Passbook was gaining traction with customers, the product was outside the fintech’s core customer segment, Oppenheimer told analysts last week. “We believe it makes sense to redeploy our resources to higher returning investments, targeted at our core remittance customer,” […]

February 23, 2023

Nacha, which governs the automated payments system, attributed the drop in direct deposits to the conclusion of federal COVID-19 pandemic relief and fewer unemployment benefit payments. Looking ahead, the organization said it is focused on encouraging the dental industry to […]