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Amid persistent financial anxieties affecting most Americans, a new report highlights that advanced budgeting tools offer an antidote to widespread financial stress, yet remain underused.
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According to the June installment of “New Reality Check: The Paycheck-to-Paycheck Report” from PYMNTS Intelligence, financial fragility remains a pervasive issue across the U.S....
Saudi Arabia is rapidly emerging as the world’s new benchmark in mobile-first shopping, driven by a surge of female shoppers and merchants eager to bridge the gap between physical and digital storefronts.
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The “2025 Global Digital Shopping Index: Saudi Arabia Edition,” a PYMNTS Intelligence and Visa Acceptance Solutions collaboration, reveals that Saudi consumers engage...
Gen Z is often typecast as a different species, a pervasively anxious one that never knew daily life without the internet, thrift shops, and consumes social media voraciously.
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But in many ways, these consumers, roughly 28 years old or younger, are just like the rest of us. Steeped in a digital-first mindset, they just have different tools and plans to get what most...
BNPL partnerships help banks and merchants meet the needs of consumers and navigate regulations, Splitit CEO Nandan Sheth writes in a new PYMNTS eBook, “Halftime 2025: Charting the Future of Payments.”
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The first half of 2025 has brought much-needed clarity to the payments landscape. With consolidation moves like Global Payments/Worldpay and FIS/Issuer Solutions, it’s...
Adobe said Monday (July 7) that during Amazon’s Prime Day sales event that runs from Tuesday (July 8) through Friday (July 11), it expects the amount of traffic to all U.S. retailers that comes from generative artificial intelligence (AI) chat services and browsers to leap 3,200% year over year.
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“And while AI-driven traffic remains modest compared to other channels such...
Apple said Tuesday (July 8) that Chief Operating Officer Jeff Williams will hand off some of his duties before retiring later this year to spend more time with friends and family.
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Williams will transition his role as COO later in July to Apple Senior Vice President of Operations Sabih Kahn; will continue reporting to Apple CEO Tim Cook and overseeing the company’s...
Meta reportedly bought a roughly 3% stake in eyewear maker EssilorLuxottica, which is the maker of Ray-Ban and Oakley glasses and one of Meta’s partners in the smart glasses business.
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The stake is worth about €3 billion (about $3.5 billion), Bloomberg reported Tuesday (July 8), citing unnamed sources.
Neither Meta nor EssilorLuxottica immediately replied to PYMNTS’...
Companies backed by venture capital (VC) firms are reportedly choosing mergers, acquisitions and buyouts over initial public offerings (IPOs).
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While the overall number of exits remained flat in the second quarter compared to the first, the majority came from mergers, acquisitions and buyouts, Bloomberg reported Tuesday (July 8), citing data from Pitchbook.
The report...
Mistral AI is reportedly in talks to raise as much as $1 billion in equity financing from investors including MGX as well as hundreds of millions of euros in debt from French lenders.
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The debt would help fund an artificial intelligence (AI) cloud service in France called Mistral Compute, Bloomberg reported Tuesday (July 8), citing unnamed sources.
The discussions are in...
The June Survey of Consumer Expectations by the Federal Reserve Bank of New York, released Tuesday (July 8), found at least some optimism on inflation, where price increases are still likely to be elevated, but at a slowing pace.
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Spending expectations were tempered, but income is not likely to keep up with inflation, per the data.
The optimism may be fleeting, given the...