The Spot card’s vast acceptance network could make Citi a formidable player in the BNPL space and threaten business for incumbent players like Afterpay and Klarna.
Amazon trashes wasteful measures in UK: The company's announcement comes just six weeks after public outcry about how it was destroying millions of unsold items per year at a single warehouse.
Publicis announces partnership with TikTok: The deal is TikTok’s first strategic agency partnership, and marketers should expect more of those in the months ahead.
Amazon is offering users $10 in promotional credits to sign up for its palm print-based One biometric payment system. Adding palm prints to its database could make One more attractive to third parties, though the practice raises major privacy and data security concerns.
Credit or debit? US credit card owners are torn
During the pandemic-induced lockdowns in 2020, many UK-based shoppers confined to their homes saw little need to shop for apparel, and even now, as restrictions ease, apparel will still not be a consumer focus.
Square makes history: The payment giant will acquire buy now, pay later startup Afterpay for $29 billion to make inroads with younger consumers.
Square’s unexpected purchase is set to shake up the buy now, pay later (BNPL) space while also opening up cross-selling opportunities for the payments giant, helping it to maintain its edge over top rival PayPal.
On today's episode, we discuss Facebook's Q2 performance, whether Apple's iOS update has affected ad revenues, and what Facebook means exactly when it talks about its (and everybody else's) “metaverse” future. We then talk about the impact of Facebook Pay expanding to online retailers, whether Instagram Reels could come to Facebook's homepage, and some new privacy features for kids on Instagram. Tune in to the discussion with eMarketer senior analyst at Insider Intelligence Jasmine Enberg.
If the new $9.95 fee rolls out nationally, it could help cover Amazon’s expenses—but perhaps at the cost of dominating the US online grocery market as rival Walmart nips at its heels for the lead