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Investments
KeyBank Invests in Qolo After Launching Virtual Account Management Solution
June 05, 2025

Cleveland-headquartered KeyBank made an equity investment in Qolo, expanding the companies’ existing partnership focused on banking innovation. 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
Oro Labs Adds AI Agent Builder to Procurement Orchestration Platform
June 05, 2025

Oro Labs added new agentic artificial intelligence capabilities to its intake management and procurement orchestration platform. 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
Thread AI Raises $20 Million for Composable AI Platform
June 05, 2025

Thread AI raised $20 million in a Series A funding round to increase the adoption of its composable artificial intelligence platform that helps enterprises design, deploy and scale AI-powered workflows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
Meta Tests 3D Instagram Photos, Virtual Desktop for AR/VR Headsets
June 05, 2025

Meta is stepping up its spatial computing ambitions, even as interest in Apple’s Vision Pro continues to be lackluster. 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
Alphabet to Keep Adding Engineers Despite Investments in AI
June 05, 2025

Alphabet CEO Sundar Pichai said the company’s investments in artificial intelligence will not stop it from adding engineers over the next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
The Future of Bank Compliance? There’s an AI Agent for That
June 05, 2025

Against a backdrop of rising financial complexity, ballooning regulatory risk and exploding customer expectations, trimming compliance bloat has become a new battleground for innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
High-Income Americans Go Bargain Hunting and Shake Up Retail’s Royalty
June 05, 2025

The big trade down is on. Dollar General, long synonymous with serving America’s most budget-conscious consumers, is seeing a marked shift in its customer base. On its first-quarter 2025 earnings call, CEO Todd Vasos disclosed that the retailer is attracting more high-income shoppers than at...

Retail
Warby Parker Co-CEO: Google AI Glasses Coming After 2025
June 04, 2025

Artificial intelligence (AI)-powered glasses from Google and eyewear retailer Warby Parker will not hit the market until after this year, according to the co-CEO of the glasses retailer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
OpenAI Added 1 Million Paying Businesses Subscribers Since February
June 04, 2025

OpenAI reportedly added 1 million paying business subscribers since February. 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...