News

IPO
Apparel Brand Reformation Aims for $239 Million in IPO
July 20, 2026

Sustainable apparel company Reformation aims to raise up to $239 million when it goes public. 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
Loyalty Data Is Now AI’s Favorite Currency
July 20, 2026

Loyalty programs were built to reward past spending. The purchase histories, preferences and engagement signals inside them are now among the most actionable first-party data assets a retailer owns. As third-party tracking grows less reliable and artificial intelligence shopping assistants become a primary discovery channel,...

Banking
Banks Turn Treasury Platforms Into Growth Engines
July 20, 2026

Some of the strongest growth inside big banks is coming from the services that companies use every day to move, hold and manage money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Procurify Deploys Fully Agentic Procurement Platform to Eliminate Manual Buying Processes
July 20, 2026

Procurify completed the transformation of its mid-market procurement platform into a fully agentic procurement platform by adding three more agents, the company said in a Monday (July 20) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
Chime Expands Banking App to Include Investment Services
July 20, 2026

Banking app Chime says it now offers its members an investment option. 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...

Banking
Alloy Labs Welcomes 7 Members to Community Banking Consortium
July 20, 2026

Community/mid-size banking consortium Alloy Labs says seven new lenders have joined its ranks. 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...

Artificial Intelligence
Moonshot Halts New Kimi K3 Subscriptions as Demand Overwhelms Compute
July 20, 2026

Chinese artificial intelligence startup Moonshot temporarily paused new subscriptions to its new open-weight model, Kimi K3, due to capacity constraints. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Artificial Intelligence
AI Oversight Enters a Crucial Summer of Deadlines
July 20, 2026

The next phase of artificial intelligence regulation is taking shape through committees, consultations and comment periods rather than a single sweeping federal rule. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Why Vertical SaaS Companies Are Taking Control of Payments
July 20, 2026

Watch more: Summer School With Worldpay’s Billi Jo Wright 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,...