News

Retail
Retailers Offer Fewer Discounts as Consumers Seek Last-Minute Gifts
December 22, 2023

As the holiday season approaches, last-minute shoppers are reportedly finding that major retailers are offering smaller discounts and fewer markdowns on their products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Insomniac Reports Data Breach Involving Employee Information, Game Development Details
December 22, 2023

Sony-owned video-game studio Insomniac released a statement Friday (Dec. 22) about a data breach that became known earlier this month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

eCommerce
Year in Review: Social Media eCommerce Has Not Yet Caught On
December 22, 2023

Social platforms such as TikTok, Facebook and Instagram have made it quicker and easier for consumers worldwide to share their shopping stories and start retail trends. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

IPO
Custom Health to Go Public, Grow Tech-Enabled Medication Management Solution
December 22, 2023

Custom Health, a provider of a technology-enabled medication management and managed care solution, plans to go public. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Artificial Intelligence
Gen AI Turns Bank Chatbots Into Financial Advisors
December 22, 2023

The banking industry is undergoing a transformative shift fueled by advanced artificial intelligence technology, transforming financial chatbots into adept problem-solvers along the way. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Spend Management Got More Granular and More Important in 2023
December 22, 2023

Where a business spends money tends to define its go-forward strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

IPO
Ola Electric Mobility Aims to Raise $661 Million in IPO
December 22, 2023

Ola Electric Mobility, an Indian electric scooter manufacturer, is set to raise 55 billion rupees ($661 million) through an initial public offering (IPO), signaling its ambitions to enter the electric car market. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
War Slows Funding for Tech Startups in Israel
December 22, 2023

U.S. investors are showing support for Israeli technology firms during the war between Israel and Hamas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

B2B Payments
Report: B2B eCommerce Platforms MaxAB and Wasoko in Merger Talks
December 22, 2023

MaxAB, an Egyptian B2B eCommerce startup, and Wasoko, a Kenya-based eCommerce player, are reportedly in talks to merge their operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....