Perplexity AI, the generative AI search startup, has secured $100 million in new capital, boosting its valuation to $18 billion, Bloomberg reported. The deal extends a recent funding round that had previously valued the company at $14 billion and highlights the continued enthusiasm among investors for...
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Is it a legit run? A passing fad? A meme stock? Opendoor Technologies roared back onto Wall Street’s radar and easily topped the positive movers on the Fintech IPO Index this week. Overall, the index was up 2.51% for the week and is outpacing June...
The promise of frictionless retail through self-checkout once faltered, but a new wave of smart, unattended solutions is now poised to redefine consumer commerce and address long-standing industry challenges, according to a recent PYMNTS report. Get the Full Story Complete the form to unlock this...
The Federal Reserve is not only studying how artificial intelligence (AI) is affecting the economy but also deploying the technology to help with its own work, Fed Governor Lisa D. Cook said Thursday (July 17). Get the Full Story Complete the form to unlock this...
The Bank of England reportedly asked some banks to assess their dependence on U.S. dollars and test whether they could handle a U.S. dollar shock. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The summer of 2025 is emerging as a crucible for global retailers. 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...
PairSoft and Finexio have renewed their partnership allowing users of PairSoft’s procure-to-pay automation and AI solutions to use Finexio’s embedded payments solution for accounts payable (AP). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Virginia is launching a pilot program that will use artificial intelligence (AI) agents to streamline regulations — the first such effort in the country — and reinforce the state’s standing as a friendly place to do business. Get the Full Story Complete the form to...
