Feed Items
BigCommerce has debuted the business-to-business (B2B) edition of its Open Source Buyer Portal platform.
The new offering gives “enterprise manufacturers, distributors, wholesalers, developers and agency partners creative control to build and customize the optimal B2B buyer experience with speed, at scale and at a lower total cost,” the software-as-a-service (SaaS) company said in a Tuesday (May...
For financially constrained consumers, the pressure to tip is verging on the ridiculous, with many customers even asked to add gratuity at self-checkout.
By the Numbers
The December installment of the “Consumer Inflation Sentiment” series, “Tipping Over: Consumers Reducing Spending and Avoiding Tips,” drew from a PYMNTS Intelligence survey of more than 2,000 U.S. consumers seeking to better...
As consumers feel their budgets come under pressure, people continue to spring for live event tickets, Vivid Seats’ latest earnings results reveal, even as they cut back on retail purchases.
The online ticket resale marketplace reported Tuesday (May 7) that it saw marketplace gross order value (GOV) of more than $1 billion in the first quarter of the year, rising 20% year over year, with revenue...
As the title of PYMNTS Intelligence’s most recent New Reality Check report, “The Paycheck-to-Paycheck Report: Why 60 Percent of Gen Z’s Live Paycheck to Paycheck,” makes clear, it’s tough out there for younger adults.
Fifty-nine percent of Generation Z consumers tell PYMNTS Intelligence they now live paycheck to paycheck. But it’s not only younger consumers who are having a tough time making...
TikTok and its parent company ByteDance filed a lawsuit Tuesday (May 7) asking the court to review the constitutionality of a law that requires ByteDance to sell TikTok’s U.S. business or have it shut down.
“That law — the Protecting Americans From Foreign Adversary Controlled Applications Act (“the Act”) — is unconstitutional,” the companies said in the lawsuit, according to a copy of the suit...
Microsoft has reportedly built a generative AI model designed for U.S. intelligence agencies.
The development marks a milestone in the artificial intelligence (AI) sector, in that officials at Microsoft say it is a large language model (LLM) that can function entirely separated from the internet, Bloomberg News reported Tuesday (May 7).
“This is the first time we’ve ever had an isolated version...
At its investor day Tuesday (May 7), FIS management outlined its continuing strategy to capture share in global money movement — a market worth hundreds of billions of dollars.
CEO Stephanie Ferris said during her initial remarks that the company’s business model is “underpinned by highly recurring revenue, allowing us to drive double-digit total return.” The collective total addressable market...
Chime Financial will pay at least $1.3 million in redress to consumers and $3.25 million in penalties as part of a settlement with the Consumer Financial Protection Bureau (CFPB).
The CFPB found that the nonbank company illegally delayed customer refunds when customers closed their accounts, withholding these balance refunds longer than the 14 days its policy specified until 2021, the CFPB said...
Instacart has teamed with Uber to offer its customers restaurant deliveries via Uber Eats.
The collaboration, announced Tuesday (May 7) and due to roll out in the weeks ahead, lets Instacart customers order from a wide range of restaurants using a new “Restaurants” tab on the company’s app.
“Through this partnership, Instacart customers now have access to both the best online grocery selection...
Once card holders are made aware of how they can earn rewards by using their credit and debit cards to pay for goods and services, most are hooked.
That’s according to the PYMNTS Intelligence report “Card-Linked Offer Growth Hinges on First-Time Users,” which was based on surveys with more than 2,100 consumers. It also found that after using card-linked offers, 93% of card holders plan to come...