Amazon shares skid on slowing growth, Google images now shoppable via AI, State bank regs sue OCC

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October 26, 2018

Amazon Earnings

Amazon Shares Skid On Slowing Growth

Amazon CFO Brian Olsavsky says Amazon is "bullish" heading into holiday 2018 — Prime membership is holding strong, despite the cost bump — and warehouses are ready for the crush. Whole Foods sales are climbing and its omnicommerce efforts are proliferating quickly. Investors, though, are less bullish — particularly in light of sales guidance for Q4 being quite a bit below experts’ forecasting.

 

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Payments Card Innovation

Mastercard Tackles 'Greening' Plastic Cards

As the planet realizes the extent of its environmental plastics problem, Mastercard has launched the Greener Payments Partnership. The focus of the initiative, Ajay Bhalla, Mastercard’s president of cyber and intelligence solutions tells PYMNTS, is to create industry-wide momentum to find a sustainable, fully capable replacement material for cards — of which there are currently 6 billion pushed into circulation each year.

 

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Grubhub Earnings

Grubhub’s Latest Push: College Students And Meal Vouchers

Grubhub has an enviable position: Acquisitions and partnerships are paying off, and the company plans new investments to press its advantages — and take advantage of its Q3 momentum, during which active diners increased 63 percent. Up next is a push that focuses on college students and using meal vouchers as currency.

 

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Subscription Commerce Tracker™

NEW REPORT: Can Subscription Services Meal Kit-ify Mental Health Services?

Mental illness affects roughly one in five Americans, but about a third of the U.S. population lives in areas underserved by mental health professionals. That's a problem that can take solution cues from music and meal-kit subscription services, says TAO Connect Founder Dr. Sherry Benton and CEO Bob Clark. In October’s Subscription Commerce Tracker, they discuss with PYMNTS how the platform works to help patients overcome geographical and societal barriers to mental health access.

 

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TRENDING: Flimsy PINs, The Stalwart Protectors Of Billions Of Loyalty Rewards Dollars?


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