Feed Items
With CVS reporting stronger earnings last week, in large part based on its deployment of digital solutions, we took a look at the App Provider rankings for prescription apps and found some surprises for July. The PYMNTS prescription app provider page offers a monthly ranking of prescription apps, assessing them based on publicly-available information and exclusive app-usage data, helping users...
As digital commerce continues its ascent, the nuances of payment processing dictate whether businesses capture or lose customer relationships.
[contact-form-7]
The PYMNTS Intelligence report “Big Three: How Choice, Confidence and Convenience Drive Payments Optimization” reveals that achieving peak payment performance hinges on minding customers’ three C’s: choice, confidence and...
The Connected Economy 100 index had a tough week, losing 4.2% percent across all pillars except “eat.” While the index was down overall due to big drops at several companies, including double digits at Xero, iRobot, and United Healthcare, there were some notable highlights. Among them:
[contact-form-7]
LendingClub was up 21% for the week on strong earnings. The company’s second-quarter...
A deal between Apple and JPMorgan could reportedly leave a lesser-known company in the cold.
[contact-form-7]
As the Wall Street Journal (WSJ) reported Sunday (Aug. 3), CoreCard has helped provide Apple’s credit card with distinctive features, including bills on the first of the month and a payment wheel that shows users projected interest costs.
Apple is CoreCard’s biggest client, but...
American workers are seeing widespread slowing in wages, though some are suffering more than others.
[contact-form-7]
Wage growth for the lowest-paid quarter of workers — people who make roughly less than $806 each week — slowed to an annual rate of 3.7% in June, the Financial Times (FT) reported Sunday (Aug. 3), citing data from the Federal Reserve Bank of Atlanta.
That’s down from a...
Cryptocurrency prices slid Friday (Aug. 1) following the issuance of new U.S. tariffs.
[contact-form-7]
As CNBC reported, this drop ushered in a wave of long liquidations, forcing traders to sell their assets at market price to settle their debts, bringing prices down further. Bitcoin saw $228 million in liquidations across centralized exchanges over a 24-hour period, the report said,...
Apple has reportedly formed a team to develop a search experience similar to ChatGPT.
[contact-form-7]
That’s according to a report Sunday (Aug. 3) by Bloomberg News, which says the so-called “Answers, Knowledge and Information” (AKI) group is building an “answer engine” — a system capable of crawling the web for responses to general-knowledge questions.
The report says Apple is...
Cambodia’s Huione Group offers things like insurance, money exchange and financial services.
[contact-form-7]
But to the U.S. Treasury Department, the company’s online platform performs another, illicit and unadvertised function, Bloomberg News reported Friday (Aug. 1).
While Huione affiliated companies have repeatedly denied any involvement with criminal activities, the Treasury has...
It was a strong quarter for America’s biggest companies — less so for many under-the-radar firms.
[contact-form-7]
That’s according to a report Saturday (Aug. 2) by the Financial Times (FT), which charts a divide between the likes of tech giants such as Apple and Microsoft and big banks like J.P. Morgan, and other parts of corporate America struggling in the face of ongoing tariffs....
Mistral AI is reportedly targeting a $10 billion valuation in its next funding round.
[contact-form-7]
That’s according to a report Friday (Aug. 1) by the Financial Times (FT), which says this is part of a push by the French startup to compete with wealthier artificial intelligence (AI) competitors in China and the U.S.
Sources told the FT that Mistral is in talks with investors about...