News

Banking
Truist Opens 100 Branches to Court Wealthy Clients
August 20, 2025

Truist is investing in its physical bank branches as it targets more affluent clients. 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....

B2B Payments
Supplier Enablement Is Missing Link in B2B Payment Innovation
August 20, 2025

The digital transformation of business-to-business (B2B) payments is viewed as a technological inevitability. 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....

Investments
FieldAI Raises $405 Million for Robotic AI and General-Purpose Robots
August 20, 2025

FieldAI said Wednesday (Aug. 20) that it raised $405 million in two consecutive rounds to accelerate the global adoption of its general-purpose robots. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
Scammers Employ AI to Build Fake Versions of Real Websites
August 20, 2025

Cybercriminals reportedly have a new tool to trick consumers: convincing fakes of real websites. 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...

Artificial Intelligence
Character.AI Explores Sale or New Funding Amid Rising Costs
August 20, 2025

Character.AI is weighing its options between a potential sale or raising new capital, sources told The Information. 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...

Retail
Claire’s Sells ‘Significant Number’ of Stores to PE Outfit
August 20, 2025

Claire’s says it is selling most of its North American business to a private equity firm. 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
Will Vibe Coding Spark a New Economy?
August 20, 2025

Vibe coding is the practice of using artificial intelligence (AI) to build applications by describing ideas in plain language. 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...

Investments
Overhaul Raises $105 Million for Supply Chain Risk Management Platform
August 20, 2025

Overhaul secured $105 million in Series C equity funding and closed on a new debt facility to accelerate the development of its in-transit supply chain risk management platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
AI Bubble Worries ‘Spooking’ Tech Investors
August 20, 2025

Fears that the AI industry is overhyped are reportedly helping drive down tech stocks. 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...