News

Artificial Intelligence
Fed Governor Lisa Cook: AI Set to Reshape Labor Market
July 17, 2025

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...

Banking
Bank of England Asks Lenders to Assess Dependence on US Dollar
July 17, 2025

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...

Retail
Tapped-Out Consumers Shape Summer Retail’s Innovation Bets and Price Wars
July 17, 2025

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...

B2B Payments
PairSoft and Finexo Renew Partnership on Embedded Payments for Accounts Payable
July 17, 2025

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...

Artificial Intelligence
Virginia Becomes First State to Use Agentic AI for Regulatory Streamlining
July 17, 2025

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...

Artificial Intelligence
Slack Gives Paid Users Access to More AI Tools
July 17, 2025

Slack on Thursday (July 17) unveiled a slate of new and upcoming artificial intelligence (AI) tools it said will help paying subscribers focus on high-value work while keeping them organized. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Merchant of Record Firm Paddle Raises $25 Million to Fund Expansion
July 17, 2025

Paddle, a merchant of record (MoR) for digital product companies, has raised $25 million. 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
Gen AI May Finally Bridge the Personalization Gap, Experts Say
July 17, 2025

For decades, personalization has been more of a dream than reality. Businesses promised experiences tailored to the customer, but offers and recommendations still often miss the mark, despite the ability to track which websites consumers click on when they’re online. Get the Full Story Complete...

Retail
Rent the Runway Hikes Prices Due to Inflation and Tariffs
July 17, 2025

Starting next month, it will cost more to Rent the Runway. 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...