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The latest global news and analysis in payments, retail, fintech, financial services and the digital economy.
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News
Instacart???s Clementine AI Turns One Message Into a Grocery Cart
2+ day, 9+ hour ago (341+ words) Instacart launched Clementine on Wednesday (Sept. 9) in the United States and Canada, an AI assistant that turns a message like “high-protein easy dinners for two” into a ready-to-buy cart, built on 1.6 billion lifetime orders and 10 million daily inventory signals. It’s…...
Target Turns App AI Features Into Bigger Orders and Faster Checkout
2+ day, 11+ hour ago (371+ words) Target is seeing results from the artificial intelligence-powered shopping features it added to its app over the past year, the retailer said in a Tuesday (Sept. 8) press release. “Guests move naturally between our stores and digital channels, and we’re using…...
Walmart Expands Tap to Pay as Amazon Builds Its AI Capacity
2+ day, 13+ hour ago (714+ words) Walmart is loosening control at checkout to strengthen the broader customer relationship, betting that payments can become more open as long as identity, loyalty, data and engagement stay inside its ecosystem. Amazon is pushing retail competition upstream into AI infrastructure,…...
Walmart Adds Papa John???s to Restaurant Delivery Partner List
2+ day, 14+ hour ago (418+ words) Walmart is reportedly expanding its restaurant delivery program with a new partnership with Papa John’s. As Bloomberg News reported Thursday (Sept. 10), Walmart says food from the pizza chain can be delivered in 30 minutes or less from the retailer’s website or…...
PYMNTS | Shopify Acquires Tailwind Labs to Drive Custom Storefront Pu…
3+ day, 7+ hour ago (308+ words) Website template business Tailwind Labs has joined Shopify, Tailwind Labs Founder and CEO Adam Wathan said in a Wednesday (Sept. 9) blog post. Tailwind’s framework is installed more than 110 million times per week and styles products like ChatGPT, X, Cloudflare, Reddit…...
AI Takes the First Step in Shopping While Consumers Keep the Buy Button
3+ day, 11+ hour ago (733+ words) Nearly 50 million U.S. adults begin retail product research with AI, and 39 million have moved away from the channel where they started. AI changed at least one purchase decision for 83% of retail researchers who used it, including the price, brand, product or…...
MercadoLibre Taps Global Investors to Fuel Logistics and FinTech Growth
3+ day, 12+ hour ago (390+ words) Latin American eCommerce and FinTech firm MercadoLibre is tapping global debt markets for only the third time, seeking proceeds to be used for general corporate purposes, Bloomberg reported Wednesday (Sept. 9), citing unnamed sources. MercadoLibre is offering dollar notes that will…...
Instacart Launches AI Agent Clementine to Turn Chats Into Grocery Carts
3+ day, 14+ hour ago (411+ words) Instacart has launched an artificial intelligence grocery shopping assistant that can turn a conversation, grocery list or recipe into a ready-to-buy cart, the company said in a Wednesday (Sept. 9) press release. Dubbed Clementine, the assistant is available to most U.S. and…...
Coca-Cola???s AI Just Solved Retailers??? Inventory Headache
4+ day, 10+ hour ago (313+ words) Perfect Basket uses AI to tell retailers what to order and how much, and 83% of participants followed its suggestions across 39,000 Malaysian outlets. Every extra case ordered ties up cash until it sells. This is really a working-capital decision disguised as…...
How Pinterest Built an AI Engine Users Actually Trust
4+ day, 17+ hour ago (254+ words) Pinterest is best known as a place where people go to find ideas, from home décor to weeknight dinners. Behind that simple experience sits one of the most complex artificial intelligence systems in social media. A new AI assistant lets…...