Apple phone with European Union flag

Apple Fights $580 Million App Store Fine in Europe

Apple has appealed what it calls an “unlawful” $580 million fine from the European Union. “We believe the European Commission’s decision — and their unprecedented fine — go far beyond what the law requires,” the tech giant said in a statement on Monday, per a report by Bloomberg News. “As our appeal will show, the EC is mandating…

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Phones take center stage in how Australian consumers shop, including in physical stores. Learn more in PYMNTS Intelligence’s latest research.

Shoppers Down Under Lead the World in Mobile-First Shopping

Consumers in Australia are increasingly mobile-first, frequently reaching for their phones as part of their shopping experience. This goes beyond just making online purchases. The average Australian shopper uses their mobile devices to browse or buy nearly every day. PYMNTS Intelligence’s latest research finds that Australia is slightly behind the global curve in mobile shopping,…

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Amazon Prices on Chinese Products Exceeding Inflation

Amazon Prices on Chinese Products Exceeding Inflation

Prices on Chinese-made goods selling on Amazon have reportedly been increasing faster than overall inflation. That’s according to a report Monday (June 30) by Reuters, citing an analysis of 1,400 different  products by analytics firm DataWeave. The analysis found that price increases for those goods sped up starting in May, a sign that U.S. tariffs are starting to filter through to consumers….

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Klarna mobile phone

Klarna Becomes Latest FinTech Entering Mobile Market

The company on Wednesday (June 18) announced plans to launch an “unlimited” phone plan in the U.S. in the weeks ahead before bringing it to the U.K., Germany and other countries. “Klarna has saved consumers time and money, and reduced financial worry for over 20 years,” Sebastian Siemiatkowski, CEO and co-founder of Klarna, said in a news release….

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