Artificial intelligence (AI) is at the core of ThredUp’s strategy, driving growth and improving customer engagement. New customer volume rose 32% year over year, according to CEO and Co-Founder James Reinhart, and AI has played a pivotal role. Get the Full Story Complete the form...
Ongoing financial pressure has forced many consumers to live paycheck-to-paycheck, prompting retailers to adjust their strategies to meet the demands of cost-conscious shoppers. With inflation continuing to outpace income growth, PYMNTS Intelligence data shows 67% of U.S. consumers are living paycheck-to-paycheck. Get the Full Story...
Venture capital investors once claimed that FinTech was eating the world, but now it appears that artificial intelligence (AI) is eating FinTech. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Under the leadership of new CEO Wendy Barnes, GoodRx is preparing for growth in 2025, aiming to address the challenges of rising prescription costs and limited access to medications. By integrating eCommerce with digital prescriptions and expanding the company’s Integrated Savings Program (ISP), Barnes believes...
Payoneer is enjoying a boom in its B2B business along with its highest-ever volumes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Last year was a “transformative” one for eBay as the company deployed artificial intelligence (AI) tools for use by employees, sellers and buyers, executives said Wednesday (Feb. 26) during the company’s quarterly earnings call. Get the Full Story Complete the form to unlock this article...
Nvidia CEO Jensen Huang said Wednesday (Feb. 26) that sales of the company’s most advanced chip architecture hit a record in the fourth quarter, and it is a harbinger of even more demand ahead because the artificial intelligence (AI) era has just begun. Get the...
To say that Wednesday (Feb. 26) was a busy news evening for Marqeta would be an understatement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Similar to themes from The Home Depot’s fourth-quarter earnings reported this week, Lowe’s is investing strategically in its digital and in-store offerings to enhance value and convenience for Pro customers, driving growth amid a challenging macroeconomic landscape. Get the Full Story Complete the form to...