Oscar Health halts new deals on IT platform for 18 months: Oscar hit a snag with its Health First deal and is directing focus there. Its insurtech peers face troubles, too.

Payments firms may see this as an opportunity to snap up companies, which may help boost business efficiency.

Cyberattacks have far-reaching effects on how a consumer perceives and interacts with a brand. That means cybersecurity is no longer just IT's problem: A company's strategy requires a concerted effort across all departments.

Digitally native brands focus on physical expansion, but costs are mounting: Allbirds, Warby Parker, and Glossier are shedding workers and expanding retail partnerships to grow sales and stay afloat.

The number of financial services deals declined 31% compared to Q1.

Inflation eased slightly in July, but consumers still feel the pinch: Gas prices are falling, but steadily rising food prices are eroding shoppers’ buying power.

Discount stores ranked among the fastest-growing retailers in the US last year: But low prices, not customer loyalty, is driving that growth.

Retailers in Latin America will face a slew of macroeconomic challenges this year as rapidly changing market conditions weigh heavily on consumers’ minds—and wallets.

Mcommerce sales will continue to rise, growing to over 40% of total ecommerce sales. But the market is slowing down overall, and the days of high double-digit growth are coming to an end.

Block’s gross payment volume surged 23% YoY in Q2—but total net revenues dropped 6% YoY as a result of Bitcoin losses.

Ditching Netflix to pay for groceries: Consumers in the US and UK show a willingness to cut back on media and retail subscriptions as the cost of living skyrockets.

Customer-to-customer payments volume dropped 13% YoY in Q2. But it outlined three initiatives to help it reverse declines in H2.

Record-low warehouse vacancy rates add to retailers’ woes: Companies face an inventory pileup as they struggle to offload existing items before holiday shipments come in.

Following a 13% YoY increase in payment volume, CEO Dan Schulman said PayPal will focus on core functions, including checkout and digital wallets.

The trading app plans to fire almost one-quarter of staff to cut costs after a disappointing first half of trading.

Consumer spending on travel soars in Q2: That’s why companies like Airbnb and American Airlines are far more bullish than retailers about their outlooks for the rest of the year.

Barclays, NatWest, and Lloyds are all exploring possible acquisitions despite market uncertainty.

We’ve netted out three trends from earnings results in the US, the UK, and Canada. And it’s not all bad news.

The all-cash deal values Atlanta-based EVO Payments at $4B and can help Global Payments improve its B2B offerings.