News

Artificial Intelligence
Worldpay Speeds Up AI Investments as Virtual Shopping Assistants Take Off
June 23, 2025

Watch more:  Agentic AI Could Change Everything — Are Payments Players Ready? 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...

B2B Payments
73% of Businesses Still Use Paper to Process and Pay Suppliers
June 23, 2025

The digital transformation sweeping consumer finance is now reshaping the landscape of B2B payments, urging financial institutions and corporate clients alike to abandon antiquated methods for modern, efficient solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
Ban on State AI Regulations Can Remain in ‘Big Beautiful Bill’
June 22, 2025

A proposed ban on state-level artificial intelligence (AI) regulation will remain in President Donald Trump’s tax and spending bill. 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...

Artificial Intelligence
Ex-OpenAI Tech Chief Raises $2 Billion for New AI Startup
June 22, 2025

Thinking Machine, a startup founded by an ex-OpenAI executive, is now a $10 billion company. 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
Apple Reportedly Mulling Perplexity Purchase to Bolster AI Offerings
June 22, 2025

Apple has reportedly held in-house talks about acquiring artificial intelligence (AI) startup Perplexity AI. 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
Labubu Is Becoming Its Own Asset Class
June 21, 2025

If you’ve scrolled through Instagram lately or wandered the halls of Art Basel, you’ve likely spotted a wide-eyed, snaggle-toothed gremlin dangling from a Hermès Birkin or peeking out of a Balenciaga tote. Meet Labubu. Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
Applebee’s and IHOP to Deploy AI-Powered Tech Support and Personalization
June 20, 2025

Restaurant chains Applebee’s and IHOP will reportedly begin using artificial intelligence (AI) tools for both customer-facing and back-of-house tasks. 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...

Investments
Polestar Secures $200 Million Equity Investment and Prepares to Launch New Electric Vehicles
June 20, 2025

Swedish electric vehicle brand Polestar has gained a $200 million equity investment from PSD Investment, which is an existing investor and is controlled by Geely Holding Group Founder and Chairman Shufu Li. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
Nvidia and Foxconn Aim to Use Humanoid Robots in AI Server Factory
June 20, 2025

Humanoid robots could reportedly begin helping assemble Nvidia artificial intelligence servers at a factory in Houston by the first quarter of 2026. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...