News

Investments
Duna Raises $12 Million to Bolster Business Identity Platform
May 06, 2025

Duna, a business identity platform founded by two Stripe veterans, has raised $12.1 million. 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...

Investments
Wonder Aims to Expand Meal Prep Biz After Raising $600 Million
May 06, 2025

Grubhub and Blue Apron owner Wonder has reportedly raised $600 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 completing...

CFPB
CFPB Reportedly Reworking Biden-Era Open Banking Rule
May 06, 2025

The Trump administration is reportedly preparing to re-examine a Biden-era rule governing open banking. 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
Joor CEO: Retail Is Reeling as ‘Uncertainty Kills Economies’
May 06, 2025

Retailers and brands in the United States and abroad are bracing for a turbulent back half of 2025. 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...

eCommerce
ThredUP Surges as CEO Sees Tariffs Tilting Shoppers to Resale
May 05, 2025

Online resale marketplace ThredUP delivered better-than-expected first-quarter earnings Monday (May 5), reinforcing shoppers’ growing taste for secondhand clothing. And in a theme not sounded very often during this earnings season, CEO James Reinhart says the Trump administration’s proposed tariffs on Chinese imports could sharpen that...

Banking
Citigroup CEO: US Businesses Delay Investments, Hiring Amid ‘Limbo’ of Tariff Uncertainty
May 05, 2025

Citigroup CEO Jane Fraser said Monday that most of the Wall Street bank’s business clients believe they can cope with U.S. tariffs of up to 10% on foreign countries, including China, but that levies any higher would make things difficult. Get the Full Story Complete...

Artificial Intelligence
Microsoft’s AI Push Notches Early Profits
May 05, 2025

Microsoft’s strategy to install artificial intelligence (AI) as a default feature on its software may be paying off. 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...

Cross-border Payments
Currency Matching Innovations Critical as Tariffs Shake Up Cross-Border B2B Trade
May 05, 2025

Tariffs have thrown the global trade order into a new era of fragmentation. 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....

IPO
eToro Aims to Raise $500 Million After Unpausing IPO Plans
May 05, 2025

Retail trading platform eToro is seeking to raise $500 million as it prepares 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 daily newsletter, PYMNTS...