News

B2B Payments
Ramp Launches Enhanced Corporate Cards That Integrate With Accounting Platforms
July 03, 2025

Ramp has launched new, enhanced corporate cards for expense management that integrate with leading accounting platforms and eliminate manual expense workflows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

eCommerce
Alibaba Resharpens Focus on AI and eCommerce
July 03, 2025

In May 1999, a group of entrepreneurs launched an online B2B website called Alibaba.com, which operated out of a small apartment in Hangzhou, China. Its goal was to connect Chinese manufacturers and trading companies with overseas buyers. Get the Full Story Complete the form to...

Retail
Amazon and Walmart Supply Chains Go Robot
July 03, 2025

The battle between Amazon and Walmart is hardly recognizable today relative to 10 years ago. 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
European Commission Delays Release of AI Act’s Code of Practice
July 03, 2025

The European Commission reportedly delayed the release of a code meant to help companies comply with the European Union’s Artificial Intelligence Act. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payment Methods
Worldpay Launches Domestic Acquiring Capabilities in Thailand
July 03, 2025

Worldpay now supports domestic acquiring capabilities in Thailand, marking another expansion of the company’s global reach. 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...

Banking
Payment Hubs Rescue Banks From $100 Million Digital Payments Chaos
July 03, 2025

The bar for payment experiences — and consumer expectations — has been raised by FinTechs and digital-first challengers, making frictionless transactions a staple of everyday life. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Tailor Raises $22 Million for Headless ERP Platform for Retailers
July 02, 2025

Tailor raised $22 million in a Series A funding round to support its headless enterprise resource planning (ERP) platform designed for retail businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
AI Agents Do Well in Simulations, Falter in Real-World Shopkeeping Test
July 02, 2025

In a bid to test whether artificial intelligence (AI) agents can operate autonomously in the real economy, Andon Labs and Anthropic deployed Claude Sonnet 3.7 — nicknamed “Claudius” — to run an actual small, automated vending store at Anthropic’s San Francisco office for a month....

Ridesharing
Report: Moove to Raise $1.2 Billion Ahead of Expansion in US
July 02, 2025

African ride-hailing startup Moove is reportedly within weeks of finalizing an oversubscribed debt round in which it will raise $1.2 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...