On March 21, as the gaming world held its breath, GameStop shattered expectations yet again with a momentous announcement: the company reported its first profit in years. In a Tuesday earnings release, the video game retailer revealed a stunning net profit of $48.2 million for the quarter that concluded in January, a stark contrast to […]
GameStop Moves from Imminent Bankruptcy to Profitability Read More »
In today’s fast paced world there is a groundbreaking trend that has captivated consumers: Buy Now Pay Later companies. These innovative businesses have completely changed consumer behavior by allowing users to instantly acquire products and services without paying the full amount upfront. And the industry has seen an astounding growth as there were very few
Examining the Crackdown on Buy Now, Pay Later (BNPL) Companies Read More »
Welcome to the world of consumer finance! As we step into the year 2023 it’s clear that the financial landscape is going through a big transformation, with the emergence of Buy Now Pay Later services. BNPL has become a game changer in the industry captivating people worldwide and revolutionizing how we shop and pay for
Buy Now Pay Later Trends for 2023 Read More »
In the fast-paced world of the restaurant industry, where flavor reigns supreme, and customer satisfaction is paramount, a storm is brewing. Toast Inc., a well-known cloud-based third-party point-of-sale vendor trusted by over 85,000 eateries, has sparked outrage among restaurant owners with its recent action. Toast Inc. discreetly implemented an apparently harmless 99-cent “processing fee” on
Restaurateurs are Angry Over New Fee Billed by Toast Inc. Read More »
In the ever-evolving digital landscape of 2023, the surge in online payment fraud has become a pressing concern, prompting a heightened focus on data security. With the continuous advancement of technology, cybercriminals have devised sophisticated tactics, leading to a significant increase in fraudulent activities across various online platforms. To establish the gravity of the situation,
Increases in Online Payment Fraud in 2023 Drives Focus on Data Security Read More »
JP Morgan, one of the world’s leading banking giants, has taken a significant stride towards providing its business clients with enhanced access to its massive $9.6 trillion payments network. Recently, on June 1, the company unveiled its innovative Payments Partner Network, an advanced digital platform built on Salesforce technology. This article analyzes the JP Morgan
JP Morgan Unveils B2B Payments Partner Marketplace Read More »
In the ever-evolving business landscape, small businesses play a crucial role in driving economic growth and innovation. As we step into the year 2023, the challenges and opportunities for small businesses continue to evolve. To navigate these changes successfully, it is essential for entrepreneurs and business owners to stay informed and adapt their strategies accordingly.
16 Insightful Tips For Small Businesses In 2024 Read More »
In the ever-expanding realm of online retail, two industry giants have been engaged in an intense battle for supremacy: Amazon and Walmart. While these corporate giants have long been formidable competitors in various sectors, their rivalry has recently intensified in the arena of grocery sales. With the increasing popularity of online grocery shopping, Amazon and
Latest Updates in Amazon Vs. Walmart Grocery Wars Read More »
With the ever-increasing prominence of artificial intelligence (AI) and its recent surge in popularity, the tech industry has witnessed fierce competition to harness its potential. Leading the charge in this AI arms race is none other than Google, the search engine giant. As the buzz around AI continues to grow, Google plans for integrating AI
Google Plans for Integrating AI into 25 Products Read More »
AI hallucinations, also known as “AI-generated hallucinations,” are a growing concern in the field of artificial intelligence. As the capabilities of AI systems continue to advance, so do the risks associated with them. AI hallucinations refer to instances where AI models generate misleading or fictitious information that can be perceived as real. These hallucinations can
What are AI Hallucinations? OpenAI Taking Steps to Fight Hallucinations Read More »
Website builders have made it possible for businesses of all sizes and individuals to create sophisticated websites, even without any coding skills. These platforms have evolved immensely over the past decade, now offering hundreds of stylish templates, useful features, and affordable pricing plans. Choosing a website builder for 2023 is easier than ever before, with
2023 Guide of the Best Website Builders Read More »
Payments orchestration promises aggregators significant opportunities to optimize their businesses, reduce costs, improve customer experiences, and increase revenues. By integrating multiple payment methods into a single workflow, payment orchestration simplifies what was previously a complicated, manual process. Aggregators can streamline their operations through automation, cutting costs from repetitive tasks and lower headcounts. At the same
How Aggregators are Using Payments Orchestration to Increase Business Read More »
Walmart is continuing to enhance its e-commerce experience by launching several new shopping tools and capabilities, all designed by humans to make customers’ lives easier. The latest innovations like text to shop aim to make it even more convenient and personalized for customers to search for products, compare prices, and find the best deals across
Walmart Expands Suite of Online Shopping Tools, Including Text to Shop Read More »
JP Morgan Chase recently announced that they will be shutting down safe deposit box services at all of their bank branches. For over a century, Chase and other major banks have offered customers secure storage for valuables and important documents. However, after conducting an in-depth review of safe deposit box operations, Chase found that costs
JP Morgan Chase Discontinuing Use of Safe Deposit Boxes – 2024 Update Read More »
TJX forecasts a slowing down in sales of HomeGoods even after they did a record expansion. The company, the owner of TJ Maxx, HomeGoods, and Marshalls, reported stronger-than-expected sales and profit for the quarter but forecasted slowing growth for home goods amid an ongoing housing boom. TJX has benefited tremendously from increased consumer spending on
TJX Forecasts Slowing Sales of Home Goods After Record Expansion Read More »
Walmart, the world’s largest retailer, is launching a digital bank in collaboration with fintech startup One, challenging traditional banks and tech giants in the financial services space. The new digital banking service aims to provide affordable and accessible banking options to Walmart’s large customer base and underbanked communities. Walmart currently has over 265 million customers
Walmart Launching a Digital Bank Through Fintech Startup “One” Read More »
Stripe, the once high-flying online payments company, has suffered another embarrassing blow to its valuation. For the second time this year, executives have been forced to announce a significant decline in Stripe valuation and reduced it from $95 billion in 2022 to a more “realistic” $72 billion. This is an awkward comedown for a company
Stripe Continues to Cut Its Valuation in 2023 Read More »
With its comfortable and colorful rubber clog shoes, Crocs sales forecast for its Hey Dude brand of casual and rugged shoes will reach $1 billion in annual revenue within the year. The Hey Dude brand, targeted at younger consumers and families, launched in 2018 and has seen triple-digit growth each year through appealing, affordable, and
Crocs Forecasts “Hey Dude” Brand to Hit $1B In 2023 Read More »