travel

From Shopping Hauls to Experiences, Consumers Tap Overbuying Trend 
From Shopping Hauls to Experiences, Consumers Tap Overbuying Trend 
October 12, 2023  |  Retail

We’ve probably all observed the trend in minimalism. One component of the trend focuses on only acquiring essential items. While the minimalist aesthetic has gained...

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Budget Airlines Face Challenges as Post-Pandemic Travel Boom Slows
Budget Airlines Face Challenges as Post-Pandemic Travel Boom Slows
October 11, 2023  |  Travel Payments

A two-year, post-pandemic boom in travel is reportedly showing signs of slowing down. This new trend is having a mixed impact on airlines, with budget...

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Boomers Reach for Credit Cards, Millennials Lean More on BNPL to Pay for Leisure Travel
Boomers Reach for Credit Cards, Millennials Lean More on BNPL to Pay for Leisure Travel
October 11, 2023  |  Travel Payments

Credit cards continue to be the preferred choice among consumers for financing their leisure travel expenses, with approximately two-thirds of those who traveled or intended...

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Barclays Analysts See Meta as Well-Positioned for Growth in AI
Barclays Analysts See Meta as Well-Positioned for Growth in AI
October 05, 2023  |  artificial intelligence

Barclays analysts reportedly believe that Meta Platforms, with its integration of artificial intelligence (AI) technology into its apps, is well-positioned for growth in the AI industry. The...

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Toys R Us to Add Flagship Stores and Launch Travel Industry Locations
Toys R Us to Add Flagship Stores and Launch Travel Industry Locations
September 29, 2023  |  Retail

Toys R Us is set to undergo a major expansion. Its parent company, WHP Global, has announced a partnership with Go! Retail Group to roll out Toys R Us...

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Airbnb and Booking.com Take Control of Provider Ranking of Travel Apps
Airbnb and Booking.com Take Control of Provider Ranking of Travel Apps
September 29, 2023  |  Travel Payments

As the travel industry continues to evolve, the PYMNTS Provider Ranking of Travel Apps offers insights into the top movers and shakers. There are ties,...

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Report: Travelex Owners Assess Buyer Interest for Potential Sale
Report: Travelex Owners Assess Buyer Interest for Potential Sale
September 28, 2023  |  Acquisitions

British currency exchange company Travelex is reportedly considering a sale. The owners of Travelex, including former bondholders who gained control through a debt restructuring, are working with...

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Banks Tap Virtual Cards to Help Businesses Streamline Expense Management
Banks Tap Virtual Cards to Help Businesses Streamline Expense Management
September 28, 2023  |  B2B Payments

Businesses have long relied on debit and credit card transactions, but digitization is ushering a new era of more secure electronic payment options, such as...

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Delta Air Lines to Modify Frequent-Flier Program Following Negative Feedback
Delta Air Lines to Modify Frequent-Flier Program Following Negative Feedback
September 27, 2023  |  Loyalty & Rewards

Delta Air Lines has said that recent changes to its frequent-flier program have received mostly negative feedback from travelers. In response to this feedback, Delta...

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