This Week In Credit Card News: How AI Is Changing Online Holiday Shopping [Forbes]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: Forbes
From personalized gift-giving recommendations to more targeted marketing campaigns to stronger security measures, AI is stepping in as our secret holiday helper, enhancing holiday shopping from product discovery to checkout. Though in-store shopping still makes up the majority of total retail spending, online shopping is increasing at a faster pace. On Black Friday, online retail sales grew 14.6%, while in-store sales grew 0.7%, and the Mastercard Economics Institute expects online retail sales to grow 7.1% year over year during the holiday season. AI may help that growth to continue. Here are three ways AI is transforming digital commerce. [ Mastercard ] Artificial intelligence is playing a part in your online holiday shopping getty Average American Household Has More Than $10,000 in Credit Card Debt The average American household credit card balance as of the third quarter of 2024 was about $10,757 after adjusting for inflation, according to a new study. WalletHub released i
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News
- Here are our top 10 things to watch in the stock market Thursday [CNBC]CNBC
- US holiday retail sales stronger than last year with online boost, Mastercard says [Yahoo! Finance Canada]Yahoo! Finance Canada
- US holiday retail sales come in above forecast, Mastercard says [Yahoo! Finance]Yahoo! Finance
- Mastercard SpendingPulse: Total U.S. Retail Sales Grew 3.8%* This Holiday Season; Online Remained Choice for Consumers, Increasing 6.7% YOY [Yahoo! Finance]Yahoo! Finance
- Mastercard SpendingPulse: Total U.S. Retail Sales Grew 3.8%* This Holiday Season; Online Remained Choice for Consumers, Increasing 6.7% YOYBusiness Wire
MA
Earnings
- 11/1/24 - Beat
MA
Sec Filings
- 12/9/24 - Form 4
- 11/13/24 - Form 8-K
- 11/12/24 - Form 144
- MA's page on the SEC website