蘑菇AV

Prime Day 2024 shatters records yet again as consumers stock up on essentials: Shoppers spent $14.2 billion online, spurred by significant discounts and the chance to get a head start on back-to-school needs.

UK mobile P2P payments usage growth has a case of the doldrums鈥攂ut bank and digital wallet providers can explore several options to give it a boost.

Mobile P2P payments are struggling to capture users in Canada. But banks and digital wallet providers can lean into their respective strengths to create a rosier outlook for growth.

We capture how payment providers are innovating to meet new preferences and capture this vital volume in four trends

Cross-border sales are booming in Western Europe despite a slowdown in adoption. As China鈥檚 ecommerce giants eye European expansion, local retailers face a competitive threat鈥攁nd a substantial opportunity.

It just sold off Klarna Checkout, now rebranded as Kustom. The business could become a desirable acquisition target for its newest partner.

The big tech is diving deeper into payments to tap new revenue streams.

One of the oldest advertising channels on the internet continues to expand, attempting to break through from its current marginal position.

Acquirers, networks, and issuers each play distinct roles in the payments purchasing chain. But those roles are shifting as providers adapt to the rise of software and value-added services, increased payment method choice, and cloud-based innovation.

Here鈥檚 a deeper dive into consumers鈥� financial outlook ahead of the holidays and what that means for retailers.

Hispanic buying power in the US has skyrocketed since 2010, rising from $1 trillion to a projected $2.8 trillion by 2026. Retailers and brands need to understand the cohort鈥檚 economic profile and shopping habits鈥攑articularly as they aim to capture younger generations of digital natives.

Resilient consumer spending was a bright spot for Mastercard, but higher costs squeezed profits in Q1.

Young consumers want faster, easier access to funds than traditional lending options currently offer.

Stripe can benefit from Uber鈥檚 global reach, while Uber can cut checkout friction for customers.

The company is shifting its strategies to achieve greater profitability, but investors still aren鈥檛 impressed

The rollout includes AI-powered product recommendations and a one-click checkout experience. But in the fast-moving industry, these features could soon become commonplace among the major wallets

Square Loans, Cash App Borrow, and Afterpay were all bright spots that should yield longer-term growth

It partnered with OpenAI on a ChatGPT plugin to offer users personalized shopping recommendations.

Overall retail spending will rise 4.5% to $1.328 trillion for the 2023 holiday season.

With students heading back to school, how is the sales season shaping up? We鈥檝e compiled five charts on the 2023 back-to-school shopping season. When and where are consumers shopping and how are they looking to save?

鈥淎ffiliate, to my mind, is one of the most under-discussed and underappreciated spending areas in media and advertising,鈥� our analyst Max Willens said on a recent 蘑菇AV webinar. US affiliate marketing spend will reach $10.72 billion this year and drive $307.27 billion in ecommerce, per our forecast. Driving that spend is a persistently value-conscious consumer, a growing creator economy, and a pivot to publishers with first-party data. Here are five factors contributing to affiliate marketing鈥檚 success.

Credit cards will remain the most popular retail payment method in the US through next year, with total credit card transaction value reaching $3.843 trillion in 2025, per our forecast.

US mobile peer-to-peer (P2P) payments have reached a critical mass, and spending is surging鈥攂ut the media鈥檚 spotlight on fraud has stoked consumer concerns, threatening user and spending growth. In 2023, providers will tackle the security issue head-on as they aim to become consumers鈥� primary wallet.

In just five years, retail media went from a $1 billion segment to a $30 billion segment. With US omnichannel retail media ad spend poised to reach $59.98 billion this year, per our October 2023 forecast, non-retail industries from health and fitness to restaurants and financial institutions are looking to build out their own media networks.

Which networks should brands be paying attention to as they refine their retail media strategy? From the king of them all to the ones that are just catching up, here are five retail media networks to keep an eye on this year.