News

Payment Methods
Fed Flags Overspending Fears as Invisible Payments Soar
July 02, 2025

Frictionless commerce has increasingly been the holy grail of online and in-store 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 newsletter, PYMNTS Today....

Social Commerce
TikTok Shop US Division Sees Another Round of Layoffs
July 02, 2025

TikTok has reportedly made the third round of layoffs in three months at its U.S. eCommerce division, TikTok Shop. 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...

B2B Payments
DASH and S4i Merge to Form Automation and Compliance Firm SMRTR
July 02, 2025

Accounts payable automation firm DASH and compliance solutions provider S4i Systems have agreed to merge. 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...

Banking
Wise Files Application to Create National Trust Bank in US
July 02, 2025

London-headquartered payments firm Wise reportedly filed an application to create a national trust bank in the United States. 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...

Artificial Intelligence
Navan CTO on Building an Agentic AI Platform With ‘Zero Critical Hallucinations’
July 02, 2025

When Navan, a business travel and expense management company, set out to build its artificial intelligence-powered virtual travel agent called Ava, it faced the challenge of making sure the system didn’t hallucinate. Get the Full Story Complete the form to unlock this article and enjoy...

Artificial Intelligence
Robotics Startup Genesis AI Launches With $105 Million in Funding
July 02, 2025

Robotics startup Genesis AI emerged from stealth with $105 million in seed 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....

Regulation
SEC to Review Biden-Era Rules Imposed on SPACs
July 02, 2025

Securities and Exchange Commission (SEC) Chairman Paul Atkins said Wednesday (July 2) that the agency will review some of the more recent rules it imposed on special purpose acquisition companies (SPACs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Discounts Lure High-Income Customers to Dollar Stores
July 02, 2025

Higher income consumers in the United States are crowding the aisles at dollar stores, moved to seek discounts in the paycheck-to-paycheck economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payments Innovation
Big Box Retailers Turn to Payments as a Growth Lever
July 02, 2025

On July 2, 1962, Walmart first opened its doors. 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 form,...