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CarParts.com Launches Loyalty Program to Fuel Growth Phase
CarParts.com has launched its first points-based based loyalty program as it shifts its focus to growth after largely completing its restructuring, CEO David Meniane said Thursday (Oct. 29) during a third quarter earnings call. Meniane said
PYMNTS · Published 11/02/2026, 06:23Luxury Mystery Boxes Turn Shopping Into a $500 Surprise
Luxury shopping has developed a new answer to “What did you buy?” “I’ll know in a moment.” Beezie, a platform that combines collectibles with digital ownership, said in an Oct. 1 press release that its first luxury mystery box offering sold
PYMNTS · Published 10/31/2026, 16:00Snack Giant Mondelez Says Inflation Pressure Drives Global Demand for Smaller Packs
Mondelez International saw broad-based demand for its snack foods in the third quarter, despite concerns about inflation and the cost of living in both developed and emerging markets, Chairman and CEO Dirk Van de Put said in a Thursday (Oct
PYMNTS · Published 10/31/2026, 08:13Samsung Warns AI Memory Shortage Will Worsen Through 2027
Samsung expects the demand for memory to “far exceed” supply in 2027, the company said in a Thursday (Oct. 29) press release announcing its third quarter financial results. That demand will be driven by companies’ capital expenditure on art
PYMNTS · Published 10/31/2026, 06:49Scotiabank Wins Fed Approval to Buy Oklahoma-Based MapleMark Bank
The Federal Reserve Board approved the application by the Bank of Nova Scotia to become a bank holding company by acquiring Dallas, Texas-based Maple Financial Holdings and thereby indirectly acquiring Tulsa, Oklahoma-based MapleMark Bank,
PYMNTS · Published 10/31/2026, 04:41Revolve Lifts Revenue per Visit By 50% With AI-Personalized Landing Pages
A shopper who clicked a Revolve ad used to land on the same brand or category page as everyone else, whatever the ad showed. The fashion retailer now uses artificial intelligence (AI) to build a landing page for each click. In A/B tests, th
PYMNTS · Published 10/31/2026, 04:38Binance Hack Tests Its Pledge to Cover Customer Losses
Binance’s pledge to absorb an estimated $6.3 billion theft leaves the exchange responsible for replacing customers’ assets while investigators pursue a recovery whose timing and outcome remain uncertain. Following the hack, Binance said its
PYMNTS · Published 10/31/2026, 04:19Apple Acquires AI Firm Ascend.io Talent and Patents
Apple acquired artificial intelligence firm Ascension Labs, which does business as Ascend.io, in June, according to a list of acquisitions maintained by the European Commission. The deal gives Apple the right to make employment offers and t
PYMNTS · Published 10/31/2026, 03:45Why AI Investors Are Buying ADT, Accountants and Call Centers
Artificial intelligence investors are no longer only backing software for accountants, property managers and call centers. A growing number are buying the businesses themselves. The targets already have customers, recurring revenue and year
PYMNTS · Published 10/31/2026, 03:36Galaxy Digital Seeks Bank Charter to Expand Financial Services Reach
Digital assets and data infrastructure company Galaxy Digital aims to create a national trust bank that would provide fiduciary investment advisory services along with Galaxy’s custody, trading and staking services, the company said in a Th
PYMNTS · Published 10/31/2026, 02:42CD&R and GTCR Launch $40 Billion Buyout Bid for Global Payments
Private investment firm CD&R and private equity group GTCR have teamed up on a joint bid to buy out card processor Global Payments, the Financial Times reported Friday (Oct. 30), citing unnamed sources. GTCR is Global Payments’ largest shar
PYMNTS · Published 10/31/2026, 02:09Amazon Fills the Prescription ChatGPT Can’t
Amazon is turning the app people open to reorder paper towels into the place they handle a sore throat, a refill and a weight loss prescription. When releasing its third-quarter earnings results Thursday (Oct. 29), Amazon said the number of
PYMNTS · Published 10/31/2026, 01:41The RealReal Competes for the Decisions Behind Luxury Purchases
Luxury resale platform The RealReal reported record quarterly GMV, revenue and orders for the third quarter, prompting it to raise its full-year outlook, according to the company’s Q3 earnings call Thursday (Oct. 29). Revenue increased 19%
PYMNTS · Published 10/31/2026, 01:27Florida Takes Unlikely Lead Role in State Push to Regulate AI
Florida is emerging as an aggressive regulator of artificial intelligence (AI) and major technology platforms, using litigation, child protection requirements and proposed safeguards to challenge the federal government’s preference for ligh
PYMNTS · Published 10/31/2026, 01:16Deutsche Bank Warns AI Stock Selloff Threatens Dollar Safe-Haven Status
The current artificial intelligence (AI)-driven market correction could impact the dollar’s status as a haven asset, Deutsche Bank’s global head of FX strategy, George Saravelos, said in a Friday (Oct. 30) note to clients, Bloomberg reporte
PYMNTS · Published 10/31/2026, 00:43New York Bill Would Raise AI Safety Regulations
One year after passing the landmark RAISE Act, a pair of New York lawmakers want the state to double down. State Sen. Andrew Gounardes of Brooklyn and Assemblymember Jordan Wright of Harlem introduced a bill on Thursday (Oct. 29) to build o
PYMNTS · Published 10/30/2026, 23:43Unilever and Nestlé Put AI to Work Between Orders and Payments
Artificial intelligence agents are processing purchase orders and preparing collections work as businesses automate more of the steps between a B2B sale and payment. PYMNTS Intelligence research with JPMorgan finds surveyed companies automa
PYMNTS · Published 10/30/2026, 23:32Easol Secures $30 Million to Scale AI Tools for Experience Businesses
Easol raised $30 million in a Series A extension funding round to continue scaling its experience commerce platform designed for festivals, wellness retreats, sports, adventure and location-based entertainment venues, the company said in a
PYMNTS · Published 10/30/2026, 23:22AI Startups Claw Back Traveler Refunds When Airline Fares Drop
Three startups are helping travelers save on airfare when there is a price drop after they’ve already purchased a ticket, Reuters reported Friday (Oct. 30). JetBack, Junova and Refare use artificial intelligence to monitor fares and seek re
PYMNTS · Published 10/30/2026, 21:58Amazon Wins 59% of AI-Assisted Purchases as Checkout Becomes the Prize
Generative artificial intelligence (AI) is doing something that years of retail competition struggled to accomplish. It is teaching consumers to start shopping somewhere other than Amazon. The catch? AI just isn’t teaching them to stop buyi
PYMNTS · Published 10/30/2026, 21:00Hackers Steal $6.3 Billion From Binance in Record Crypto Heist
Hackers have stolen $6.3 billion from Binance, the world’s largest cryptocurrency exchange, in the biggest crypto theft ever. The attack breaks the previous record by a wide margin. It also comes at a hard time for digital assets, which wer
PYMNTS · Published 10/30/2026, 18:46Ripple Moves Deeper Into Banking With Stablecoin Deals
Stablecoins continue to seek mainstream usage and acceptance, and this week, Ripple was at the forefront. The company spent the week securing more places for its dollar stablecoin to be held, traded and used. Agreements with Coinbase, Robin
PYMNTS · Published 10/30/2026, 16:0054% of Wallet Users Keep Just One Payment Method Saved
A mobile wallet can hold several ways to pay. For most users, it holds just one. That leaves card issuers competing for a place in the wallet before the customer ever reaches a store’s payment terminal. The October 2026 PYMNTS Intelligence
PYMNTS · Published 10/30/2026, 16:00Coinbase Cuts Trading Reliance as Subscription and Services Revenue Nears 50%
Coinbase furthered its effort to diversify its revenue in the third quarter, with subscription and services revenue growing to account for 49% of the company’s net revenue, executives said in a Thursday (Oct. 29) earnings presentation. Subs
PYMNTS · Published 10/30/2026, 08:58