News

Investments
Xelix Raises $160 Million to Bring Agentic AI to Accounts Payable
July 21, 2025

Agentic artificial intelligence (AI) software firm Xelix has raised $160 million in new funding. 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...

Faster Payments
WEX Taps AI for Faster FSA Reimbursements
July 21, 2025

WEX has debuted a tool designed to help people get faster reimbursements from their flexible spending accounts (FSAs). 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...

Regulation
Treasury Announces 2-Year Delay of AML/CFT Rule for Investment Advisers
July 21, 2025

The Treasury Department plans to delay for two years the implementation of a new anti-money laundering rule focused on investment advisers while one of its bureaus, the Financial Crimes Enforcement Network (FinCEN), revisits the scope of the rule. Get the Full Story Complete the form...

Artificial Intelligence
Open-Source AI Just Got a Power Boost From Meta and AWS
July 21, 2025

Two longtime tech rivals are teaming up to boost adoption of open-source artificial intelligence (AI): Amazon Web Services (AWS) and Meta. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Delivery
Robotics Companies Land $3.5 Billion to Improve Food Delivery
July 21, 2025

Robotics companies focused on food delivery have gotten roughly $3.5 billion in investments since 2019, The Wall Street Journal (WSJ) reported Monday (July 21), citing PitchBook data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Amazon Raises Prices on Low-Cost Goods Following Tariffs
July 21, 2025

Amazon has reportedly increased prices for thousands of lower-cost items following White House tariffs. 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....

Faster Payments
ACH Same-Day Q2 Volume Increases 15% to Nearly $1T
July 21, 2025

The ACH Network says it has seen “significant” gains in same-day payments since last year. 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,...

Retail
Kelly Cook on David’s Bridal’s Aisle to Algorithm to Amazon Strategy
July 21, 2025

Watch more: David’s Bridal Bets on Amazon Partnership to Deliver Speed, Data and Style 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...

Retail
Target Halting Practice of Price-Matching Amazon and Walmart
July 20, 2025

Target’s price-matching days have reportedly come to an end. 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 this form,...