News

eCommerce
Adobe Says Retailers’ AI-Driven Traffic Will Leap 3,200% During Prime Day
July 08, 2025

Adobe said Monday (July 7) that during Amazon’s Prime Day sales event that runs from Tuesday (July 8) through Friday (July 11), it expects the amount of traffic to all U.S. retailers that comes from generative artificial intelligence (AI) chat services and browsers to leap...

Wearables
Meta Reportedly Buys 3% Stake in Smart Glasses Partner EssilorLuxottica
July 08, 2025

Meta reportedly bought a roughly 3% stake in eyewear maker EssilorLuxottica, which is the maker of Ray-Ban and Oakley glasses and one of Meta’s partners in the smart glasses business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Propel Finance Raises $2 Billion to Fund UK Small Businesses
July 08, 2025

British FinTech Propel Finance has raised $2 billion in a new funding round. 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....

Payment Methods
Venmo Debuts College-Themed Debit Card Fleet
July 08, 2025

Venmo has introduced a line of college-branded card designs for its debit Mastercard. 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...

Retail
Amazon, Walmart Summer Sales Become Stress Test for Consumer Spending
July 08, 2025

For the world’s biggest retailers, summer means two things: sales events, and more sales events. 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,...

Regulation
FCA Fines Monzo $28.5 Million for Accepting ‘Implausible’ Customer Info
July 08, 2025

Monzo, a digital bank in the United Kingdom, was fined 21,091,300 pounds (about $28.5 million) for deficient financial crime controls. 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
Prime Day Could Be ‘Quite a Test’ for Tariff-Rattled Consumers
July 08, 2025

Will U.S. tariffs cause shoppers to sit out this year’s Prime Day? 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...

B2B Payments
Worldpay Expands Platforms Offering to Meet Embedded Finance Demand
July 08, 2025

Worldpay is expanding its Worldpay for Platforms offering to meet rising embedded finance demand. 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...

eCommerce
EU Cross-Border eCommerce Still Requires a Local Playbook
July 08, 2025

Watch more: Local Payment Methods Key to Winning Share Across European 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. yesSubscribe to our daily newsletter, PYMNTS Today. By...