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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, 13+ 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…...
China???s Top Court Steps Up Antitrust Enforcement Push
2+ day, 17+ hour ago (510+ words) The Supreme People’s Court said it would continue to adjudicate monopoly disputes while refining the legal standards governing such cases, China Daily reported. The effort is intended to provide stronger judicial backing for China’s push to establish a unified national…...
Target Turns App AI Features Into Bigger Orders and Faster Checkout
2+ day, 15+ 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, 17+ 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, 18+ 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, 11+ 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, 15+ 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, 16+ 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, 18+ 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…...
Mastercard Expands Agentic Suite to Help Merchants Scale AI Shopping
3+ day, 20+ hour ago (318+ words) Mastercard is expanding one agentic AI offering for merchants while introducing another. The payments giant on Wednesday (Sept. 9) announced it had updated its Mastercard Agent Suite for Merchants, which lets businesses bring “agent-powered shopping experiences” into their eCommerce platforms. “Consumers…...