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Banking
HSBC Offers Trade Finance Tool to American Business Customers
May 07, 2025

HSBC has introduced a way to help American clients pay import duties. 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...

Artificial Intelligence
S&P Global AI Chief Eyes ‘Exciting’ Pace of Agentic AI Innovation
May 07, 2025

S&P Global, the financial information giant, sees agentic artificial intelligence (AI) as the next transformational wave that can raise business analysis and workflows to new heights, according to its Chief AI Officer Bhavesh Dayalji. Get the Full Story Complete the form to unlock this article...

Mobile Commerce
Cashless Wave Sweeps Latin America Amid Mobile, FinTech Boom
May 07, 2025

Latin America is undergoing a dramatic shift in how money moves. But it isn’t traditional financial institutions that are leading the charge. Instead, mobile wallets and real-time payment systems are rapidly gaining ground across the region, and these 21st century solutions to the age-old problem...

Investments
Dick’s Sporting Goods Leads $120 Million Investment in Youth Sports Operator Unrivaled Sports
May 06, 2025

Dick’s Sporting Goods announced Tuesday (May 6) that it led a $120 million strategic investment in Unrivaled Sports through its corporate venture arm, DSG Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Rite Aid Attributes Bankruptcy Return to Empty Shelves, Shopper Trade-Down
May 06, 2025

Rite Aid has claimed in a court filing Tuesday (May 6) that its inability to sustain a successful recovery and its subsequent return to bankruptcy protection is primarily due to sparsely stocked store shelves and to trade-down from lower-income consumers. Get the Full Story Complete...

Artificial Intelligence
IBM CEO: Layoffs Due to AI Led to ‘More Investment’ in Other Roles
May 06, 2025

Arvind Krishna, the CEO of IBM, said his company’s investment in artificial intelligence (AI) has ultimately led to a rise in employment in the firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Google Improves Coding Capabilities in Gemini 2.5 Pro Preview
May 06, 2025

Google is providing early access to an updated version of its Gemini 2.5 Pro multimodal artificial intelligence (AI) model, the company said in a Tuesday (May 6) bog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Agree.com Raises $7.2 Million to Combine Payments and e-Signatures
May 06, 2025

e-Signature platform Agree.com has reportedly raised $7.2 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...

Artificial Intelligence
xAI and Palantir Team to Promote Financial Services AI Use
May 06, 2025

xAI has teamed with Palantir to explore how financial services firms can employ 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...