News

Artificial Intelligence
AWS Continues to Add Data Centers to Meet Demand for AI
May 30, 2025

Amazon Web Services (AWS) is reportedly continuing to add data centers after opening a cluster of them in Mexico earlier this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
HSBC to Wind Down Business Banking Unit in US
May 30, 2025

HSBC is reportedly winding down its business banking unit in the U.S. as it sharpens its focus on other markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
IDC Lowers Worldwide Smartphone Shipment Forecast, Citing Uncertainty and Tariffs
May 30, 2025

The volume of worldwide smartphone shipments in 2025 is expected to be impacted by uncertainty, tariff volatility and a slowdown in consumer spending, market intelligence firm International Data Corporation (IDC) said Thursday (May 29). Get the Full Story Complete the form to unlock this article...

Investments
Dojo Secures $190 Million to Accelerate Growth of In-Person Commerce Solution
May 30, 2025

Dojo, a payments technology provider in the United Kingdom, secured a $190 million investment from global growth investment firm Vitruvian Partners to accelerate its growth in the U.K. and expand across Europe. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Trust Is Key for Banks as Cross-Border Trade Grows Turbulent
May 30, 2025

Certainty is at a premium in uncertain times, particularly across the landscape of cross-border B2B commerce. 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
This Week in AI: Changes to Google Search, Claude Gets a Voice and Microsoft’s AI...
May 30, 2025

This week in artificial intelligence, newsmakers include Google, Claude, Microsoft, Nvidia and Saudi Arabia. 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
37% of Shoppers Go In-Store for Beauty Products, Leading All Categories
May 30, 2025

Despite the persistent surge of eCommerce, recent data indicates that physical retail locations continue to play a vital role in consumer purchasing habits, attracting shoppers for distinct reasons and product types that differ significantly from online patterns.  Get the Full Story Complete the form to...

Fintech Investments
Platforms Drag FinTech IPO Index 0.5% Lower in Shortened Trading Week
May 30, 2025

The past few days to be volatile ones in the FinTech IPO realm, as our Index slipped 0.4% in a week that was truncated due to the Memorial Day holiday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
From Stablecoins to AI Banking: Circle Co-Founder’s Next Billion-Dollar Bet on Agentic Finance
May 30, 2025

Every audacious venture travels a long road from an idea to a tangible institution. In finance, that path is paved as much with the currency of trust as it is with capital and code. Get the Full Story Complete the form to unlock this article...