Rezolve Ai Acquires Reward to Bolster AI Commerce Strategy

Commerce and payments infrastructure provider Rezolve Ai has acquired U.K.-based cash-back rewards company Reward. The $230 million deal, announced Wednesday (Feb. 11), is designed to bolster Rezolve’s AI commerce platform with Reward’s...

Why Gen Z Is Trading Smartphones for Dumb Devices

There’s a special look kids give a floppy disk. They turn it over, tap the little metal shutter, and then ask, politely but devastatingly: “So where do you plug in the Wi‑Fi?” It’s the same energy adults bring to a rotary phone: reverence,...

Revolut Launches Merchant Acquiring Product in Australia

The product integrates account-to-account, online and in-person payments within a core business account, enabling businesses to manage their entire payments operation from a single platform, the company said in a Wednesday (Feb. 4) press...

Bolt Adds Atomic’s Embedded Investing to Financial App

Bolt has partnered with investing-as-a-service platform Atomic to add embedded investing capabilities to the Bolt SuperApp, a consumer finance platform. With this collaboration, the Bolt experience will offer consumers the ability to open...

Walmart+ Paid Membership Program Continued Growth in January

Walmart’s paid membership program continued to see double-digit growth in January and ended the month with 28.4 million members, a Morgan Stanley survey found, Seeking Alpha reported Monday (Feb. 2). Walmart+ membership grew about 12% year...
4 reasons why consumers abandon online checkout

4 reasons why consumers abandon online checkout

£32bn lost as a quarter of online purchases end in abandonment. Credit: Shutterstock The study called ‘Battling Basket Abandonment’, conducted on 25 May 2023, demonstrates that millions of shoppers are left frustrated at the online checkout, resulting in one in...

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