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Snapchat Bets on Subscription, AI Features to Offset ARPU

As Snapchat’s revenue per user dips, the company is looking to subscriber-exclusive generative AI features to drive growth going forward.

Consumers Turn to Social Media for Impulse Purchases

When consumers shop on social media apps, PYMNTS Intelligence research has found, they are often making impulse purchases, buying items that strike their…

Estee Lauder CEO: Beauty Shoppers Expect Omnichannel Access

Cosmetics brand Estée Lauder is experiencing an increasing demand for digital availability in the long run, even as digital sales dip in the short-term.

Affirm, Afterpay Cut Rewards as BNPL Firms Try New Models

Affirm and Afterpay are reevaluating their loyalty strategies, shutting down their existing rewards programs as the industry shifts toward paid subscription models.

Digital Wallet Users Spend 31% on Retail and Grocery

Digital wallet users spend 31% more across all purchase types on average than nonusers. That’s what a new PYMNTS Intelligence’s recent survey found.

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