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Supply chains are the lifeblood of global commerce, linking manufacturers, suppliers, distributors and retailers to ensure products reach consumers efficiently.
However, traditional supply chain models, often reliant on manual processes and disjointed communication, have struggled to keep pace with the demands of today’s dynamic markets.
Recognizing this gap, businesses are increasingly turning...
Nike is laying off thousands of employees, as consumers’ ongoing financial pressures make it harder for them to justify nonessential purchases, such as adding more sneakers to their collections.
The footwear company announced its decision to reduce its workforce by approximately 2%, equating to over 1,500 jobs, in a move aimed that comes amid the company’s broader restructuring plan to cut costs...
Episode Six (E6), a global provider of enterprise-grade payment processing and ledger infrastructure, has been selected to join the Mastercard Engage program for its installments solution in Europe.
The company’s flexible TRITIUM platform enables incumbent issuers to launch new and modern installment solutions, complementing their current offerings without disrupting services on their existing...
As consumers look ahead to the rest of the year, many are not as concerned about retail inflation as they once were.
By the Numbers
This month’s installment of the PYMNTS Intelligence “Consumer Inflation Sentiment” series, “Consumers Cautiously Spend More Amid Lower Inflation,” drew from a January survey of nearly 5,000 United States consumers seeking to understand their end-of-year spending...
Velmie launched its Business Banking Platform designed to help financial services providers and FinTechs broaden their product offerings.
The platform enables these companies to cater to business client needs, including corporate payroll, automatization of payments, invoice factoring, cryptocurrency payments and business deposits, the FinTech company said in a Thursday (Feb. 15) press release...
From the advent of digital health platforms and the proliferation of wearable health devices to remote patient monitoring and the integration of artificial intelligence (AI) in clinical decision-making, advancements in technology, coupled with evolving patient demand for personalized, efficient care, have sparked a revolution in healthcare delivery.
Adding to this wave of transformation is Apple...
Federal financial regulators are reportedly investigating allegations made by two whistleblowers regarding Cash App.
The whistleblowers claim that the mobile payment platform and the entities providing transaction services to its users did not perform adequate due diligence on customers, potentially opening the door to money laundering, terrorism financing and other illegal activities, NBC News...
Back in June, PYMNTS Intelligence crystallized the fact that buy now, pay later (BNPL) payment options were gaining notice and demand from a wide swath of consumers across all tiers of household income and for a broad range of purchases, from small, everyday staples to large-ticket transactions.
The general trends were underscored most recently Wednesday (Feb. 14) via research and a blog post...
Artificial intelligence (AI) is becoming the standard-bearer for innovations that progress in leaps and bounds.
Putting an exclamation point on the technology’s value to nearly all sectors and industries, on Tuesday (Feb. 13), chipmaker Nvidia exceeded Amazon in market value for the first time since 2002 as more companies look to grow their AI offerings and consumer interest in the technology...
Walmart concluded its inaugural Walmart Growth Summit in India, an event designed to strengthen its partnerships and support India’s economic growth.
The event saw the participation of export-ready suppliers, innovators and entrepreneurs from 24 states and union territories in India, the company said in a Friday (Feb. 16) press release.
Over 80% of the suppliers who took part received invitations...