News

Retail
Wayfair to Open Third Large-Format Physical Retail Location in 2027
May 15, 2025

A year after opening its first large-format physical retail location, Wayfair said it plans to open its third such store in early 2027. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Retail Sales Muted in April as Front-Loading Fatigue Sets In
May 15, 2025

Consumer spending, the key engine of the economy in the United States, is in danger of stalling. 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
OpenAI Gaining Market Share in AI Tools, With Google a Far Second
May 15, 2025

OpenAI’s artificial intelligence (AI) tools showed a surge in website traffic in the past two months, with Google a distant second and DeepSeek catching up quickly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
This Week’s B2B Innovation: AI Procurement, Digital Payments and Ongoing Pressures
May 15, 2025

The B2B space is defined by its workflows and data, both of which can end up mired in complexity. 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...

Investments
Granola Raises $43 Million for AI That Generates Searchable Meeting Transcripts
May 15, 2025

Granola said Wednesday (May 14) that it raised $43 million in a Series B funding round and introduced the new version of its artificial intelligence notepad, Granola 2.0, which writes meeting notes and enables users to search through and chat with those transcripts. Get the...

Retail
Shein Lowers Prices Following US-China Trade War Truce
May 15, 2025

Shein cut prices for customers in the United States after Washington temporarily lowered tariffs on Chinese imports. 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...

eCommerce
Alibaba: ‘Instant Commerce’ Market Could Draw ‘Every Person in China’
May 15, 2025

Last month, Chinese tech conglomerate Alibaba debuted a fast delivery service it dubbed “instant commerce.” 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,...

Regulation
Bank of London Discloses Investigation by UK’s Prudential Regulation Authority
May 15, 2025

FinTech company Bank of London is reportedly being investigated by the Bank of England’s Prudential Regulation Authority (PRA) for unspecified “historic” events and for inaccurate record-keeping, lax regulatory reporting and governance failures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Coinbase Reimburses Customers Following $20 Million Extortion Attempt
May 15, 2025

Coinbase is reimbursing users following a data breach that turned into an extortion attempt. 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...