News

Banking
Tax ID Rule Changes Open Door for AI-Powered Bank Verification
June 30, 2025

The digital age demands banks find new ways to ascertain at the point of onboarding that customers, whether enterprise clients or individuals, are who they say they are. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Acquiring
Nuvei Expands Acquiring Capabilities to Home Country of Canada
June 30, 2025

Canadian FinTech Nuvei says it is now a direct payment acquirer in its home country. 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....

Retail
Shein and Temu Lose Millions of Customers Following Tariffs
June 30, 2025

Retailers Temu and Shein are reportedly shedding users following 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 daily newsletter, PYMNTS Today. By completing...

Banking
Klarna Boosts Banking Efforts as It Prepares to Go Public
June 30, 2025

Klarna is increasing its digital banking efforts as it prepares to go public again. 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...

Artificial Intelligence
For 85% of Enterprise CFOs, Agentic AI Remains a Question Mark
June 30, 2025

Disruptive technologies are sometimes mistakenly written off as misfires when they first emerge. Instant-film icon Polaroid ignored the advent of digital cameras, leading to its bankruptcy in 2001 and later reinvention as a successful digital-first company. But an opposite dynamic can also happen. New technologies...

Cross-border Payments
56% of Singapore Consumers Aware of Cross-Border Digital Wallet Capabilities
June 30, 2025

While digital wallets offer a compelling vision for the future of cross-border payments in Singapore, a new report reveals a notable disparity between robust merchant familiarity and lagging consumer awareness, a key factor potentially hindering broader adoption. Get the Full Story Complete the form to...

Artificial Intelligence
Anthropic Program Probes ‘Good and Bad’ of AI Disruption
June 29, 2025

Anthropic has debuted a program to study artificial intelligence’s (AI) impact on the labor market. 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,...

Artificial Intelligence
Barbie Gets a Brain: OpenAI Partnership Puts Conversational AI in Mattel Toys
June 28, 2025

Hot Wheels and Barbie’s Dreamhouse just got a software update. 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...

Artificial Intelligence
L’Oréal CEO Touts AI-Powered Beauty Revolution
June 27, 2025

L’Oréal Groupe is tapping artificial intelligence (AI) to redefine product innovation and consumer experiences — with human creativity remaining vital to the future of the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...