News

Artificial Intelligence
US Military Expands AI Investment With $800 Million in Contracts
July 23, 2025

The Pentagon recently awarded up to $200 million each to four U.S.-based artificial intelligence (AI) companies developing “frontier” models: Anthropic, Google, OpenAI and xAI. The contracts are the latest sign of AI adoption across the U.S. military. Get the Full Story Complete the form to unlock this...

Banking
Citizens Business Bank Taps Alacriti for Instant Payments
July 23, 2025

Cloud-based payments firm Alacriti has launched a partnership with Citizens Business Bank. 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,...

Fintech Investments
Credibur Secures $2.2 Million to Launch Debt Facility Management Platform
July 23, 2025

Credibur emerged from stealth Wednesday (July 23) and announced it secured $2.2 million in pre-seed funding to launch its platform for debt facility management. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Walmart Details Efforts to Crack Down on Counterfeit Sellers
July 23, 2025

Walmart says it is making efforts to rid its online marketplace of counterfeit sellers. 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....

Wearables
Amazon Moves Into AI Wearables With Bee Deal
July 23, 2025

Amazon is reportedly acquiring Bee, a company that makes an artificial intelligence (AI)-powered bracelet that transcribes the user’s conversations, makes them searchable and uses that content to create resources such as a to-do list. Get the Full Story Complete the form to unlock this article and enjoy...

Artificial Intelligence
President Trump’s AI Action Plan Calls for Chatbot Free Speech
July 23, 2025

The White House on Wednesday (July 23) released a policy roadmap that outlines President Trump’s push to keep America in the lead in the global artificial intelligence (AI) race by focusing on deregulation, building AI infrastructure, expanding export controls and giving chatbots free speech. Get...

Artificial Intelligence
New Data Shows Gen Z Turning to AI Chatbots for Search
July 23, 2025

Consumers are increasingly using artificial intelligence chatbots to do their online searches, whittling away at traffic traditionally routed through search engines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
AI Regulations Bring Deluge of Lobbying Efforts to DC
July 23, 2025

Businesses and trade groups are reportedly scrambling to have a say in federal artificial intelligence (AI) regulations. 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...

IPO
Figma Seeks to Raise $1 Billion in Upcoming IPO
July 23, 2025

Figma, maker of a popular design collaboration tool, has disclosed its initial public offering (IPO) target price range that could raise $1 billion for the AI startup. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...