News

Payments Innovation
South African Aims to Open Payments System to Nonbanks
August 31, 2025

The South African Reserve Bank (SARB) reportedly wants to let nonbanks access the country’s payments system. 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...

Artificial Intelligence
AI Model Betting Is the New Fantasy Football
August 30, 2025

Sports gambling has DraftKings. Political junkies have PredictIt. And now the world’s nerdiest corner — the artificial intelligence (AI) scene — has its own set of bettors, where people wager actual money on whether Google’s Gemini will dunk on OpenAI’s GPT-5 this month. Get the...

Retail
Ross Eyes Price Hikes to Offset Tariffs
August 29, 2025

Off-price retailer Ross Stores is reportedly considering raising some prices to offset the effects of new U.S. 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...

IPO
Second Week of September Could Be Busy for IPOs
August 29, 2025

The second week of September reportedly could be one of the busiest for sizeable initial public offerings (IPOs) since late 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Forever 21 Bets on US and China Relaunch
August 29, 2025

Forever 21 is reportedly planning to open some brick-and-mortar stores in China and is seeking a partner with which it can relaunch in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross-border Payments
DHL, Postal Services Delay Some US Shipments
August 29, 2025

As the de minimis exemption came to an end Friday (Aug. 29), postal services around the world suspended shipments to the United States or made changes to comply with new U.S. customs requirements. Get the Full Story Complete the form to unlock this article and...

IPO
BILL Jumps on SMB Growth, nCino Rallies on AI
August 29, 2025

The FinTech IPO Index posted a strong performance this past week, rising 6% as double-digit surges became commonplace for the platforms and digital upstarts that continued to report quarterly results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Big Brands and Small Details Drive Amazon’s Apparel Dominance
August 29, 2025

Is that Amazon you’re wearing? If you shop for clothes in the U.S., the odds keep improving that the answer is yes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
Microsoft Launches Public Testing of First In-House Foundation Model
August 28, 2025

Microsoft AI (MAI) has begun public testing of the first foundation model it trained in-house. 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,...