Crypto Platform HTX Loses $258 Million in Withdrawals After Hack
Crypto Platform HTX Loses $258 Million in Withdrawals After Hack
December 11, 2023  |  Cryptocurrency

Digital asset platform HTX has reportedly seen a $258 million net outflow after being hacked. The money left the cryptocurrency exchange between the time it reopened on Nov. 25...

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Aggregators Pushed Beyond Food Delivery to Reach Consumer Spend in 2023
Aggregators Pushed Beyond Food Delivery to Reach Consumer Spend in 2023
December 11, 2023  |  Aggregators

In 2023, restaurant aggregators have expanded the model, extending beyond food delivery, adding new features and finding innovative ways to drive loyalty. DoorDash Taps Card-Linked...

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Airbnb and Klarna Expand Pay Over Time Program to UK
Airbnb and Klarna Expand Pay Over Time Program to UK
December 11, 2023  |  BNPL

Airbnb continues the phased global rollout of its Pay Over Time with Klarna option, launching it in the United Kingdom. The online marketplace for lodging...

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Sometimes a Retail Trend Just Isn’t Enough to Boost Sales 
Sometimes a Retail Trend Just Isn’t Enough to Boost Sales 
December 11, 2023  |  Retail

If you read the Y2K piece on PYMNTS late last month, you’d be aware that millennials are facing unique challenges in meeting their financial needs. ...

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TikTok Invests $1.5 Billion in Indonesia’s eCommerce Platform Tokopedia
TikTok Invests $1.5 Billion in Indonesia’s eCommerce Platform Tokopedia
December 11, 2023  |  Acquisitions

TikTok is reportedly investing $1.5 billion in Tokopedia to salvage its Indonesian eCommerce efforts. The company is set to take a controlling 75.01% stake in Tokopedia, the eCommerce arm of Indonesia’s GoTo...

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Exploring the Ethical Implications of AI in Retail
Exploring the Ethical Implications of AI in Retail
December 11, 2023  |  Artificial Intelligence

Generative AI significantly enhances customer engagement in retail by personalizing experiences. As a result, retailers now harness AI to tailor product recommendations and marketing campaigns,...

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AAA: Record 7.5 Million Travelers Will Fly for the Holidays
AAA: Record 7.5 Million Travelers Will Fly for the Holidays
December 11, 2023  |  Travel Payments

A record number of Americans will fly this holiday season, despite rising travel costs. Roughly 7.5 million people will choose air travel to reach their...

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UK Payments FinTech SumUp Raises $307 Million 
UK Payments FinTech SumUp Raises $307 Million 
December 11, 2023  |  Fintech Investments

Payments FinTech SumUp has raised $307 million to expand its footprint and develop new services. The British company, whose products include point-of-sale card readers, announced...

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Property Managers Issuing Refunds via Instant Pay Have More Satisfied Tenants
Property Managers Issuing Refunds via Instant Pay Have More Satisfied Tenants
December 11, 2023  |  Money Mobility

Renting an apartment, house or office space means receiving a rent-related refund, such as a returned security deposit or reimbursement for work on the property....

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