PYMNTS News

FTX Gets OK to Sell $744 Million in Grayscale Stakes

FTX Gets OK to Sell $744 Million in Grayscale Stakes
FTX Gets OK to Sell $744 Million in Grayscale Stakes
November 30, 2023  |  Cryptocurrency

FTX has gotten the go-ahead to sell stakes in digital trusts managed by Grayscale. Get the Full Story Complete the form to unlock this article...

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Kroger Takes Short-Term Margin Hit on eCommerce to Drive Long-Term Growth
Kroger Takes Short-Term Margin Hit on eCommerce to Drive Long-Term Growth
November 30, 2023  |  eCommerce

As Kroger continues to drive double-digit digital growth, the grocery giant is accepting a negative impact on profit margins for the time being, betting on...

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Pluto Partners With Mastercard on Payment Options in GCC Region 
Pluto Partners With Mastercard on Payment Options in GCC Region 
November 30, 2023  |  B2B Payments

Pluto, a provider of financial corporate spend management solutions in the United Arab Emirates (UAE), has partnered with Mastercard to provide B2B payment solutions in the Gulf...

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Over One-Third of Mid-Sized US Firms Miss out on AP and AR Automation Benefits
Over One-Third of Mid-Sized US Firms Miss out on AP and AR Automation Benefits
November 30, 2023  |  B2B Payments

The number of payments and invoices that businesses must process can increase, especially for growing businesses. Get the Full Story Complete the form to unlock...

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Amazon Sells $25 Student Flights as Travel Costs Rise
Amazon Sells $25 Student Flights as Travel Costs Rise
November 30, 2023  |  Travel Payments

Amazon Prime is offering student members $25 flights home for the holidays. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Kognitos Raises $20 Million for Generative AI Business Automation Platform
Kognitos Raises $20 Million for Generative AI Business Automation Platform
November 30, 2023  |  Investments

Kognitos, a builder of generative artificial intelligence (AI) for business automation, has completed a $20 million Series A funding round, bringing its total venture capital...

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Enfuce Raises $9.2 Million to Expand Embedded Financing in Europe
Enfuce Raises $9.2 Million to Expand Embedded Financing in Europe
November 30, 2023  |  Investments

Embedded financing company Enfuce has raised $9.3 million to expand into new markets. Get the Full Story Complete the form to unlock this article and...

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Bank of Korea to Launch Retail CBDC Pilot Program
Bank of Korea to Launch Retail CBDC Pilot Program
November 30, 2023  |  Cryptocurrency

The Bank of Korea plans to launch a pilot program for its retail central bank digital currency (CBDC) in the fourth quarter of 2024. Get the Full...

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