News

Payments Innovation
Banks Now View Payment Hubs as ‘Mission Control’ Centers
July 09, 2025

Watch more:  Banks Use FIS Payment Hubs to Navigate Complex Regulatory Changes  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...

Wearables
Meta Reportedly Buys 3% Stake in Smart Glasses Partner EssilorLuxottica
July 08, 2025

Meta reportedly bought a roughly 3% stake in eyewear maker EssilorLuxottica, which is the maker of Ray-Ban and Oakley glasses and one of Meta’s partners in the smart glasses business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
Report: Mistral Aims to Raise Financing for AI Cloud Service
July 08, 2025

Mistral AI is reportedly in talks to raise as much as $1 billion in equity financing from investors including MGX as well as hundreds of millions of euros in debt from French lenders. Get the Full Story Complete the form to unlock this article and...

Investments
Propel Finance Raises $2 Billion to Fund UK Small Businesses
July 08, 2025

British FinTech Propel Finance has raised $2 billion in a new funding round. 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....

Artificial Intelligence
PayJunction and Twilio Team to Combat Manual Payment Slowdowns
July 08, 2025

Payments company PayJunction has launched an integration with customer engagement platform Twilio. 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,...

SPAC
Crypto-Asset Management Firm ReserveOne to Go Public in $1 Billion Deal
July 08, 2025

Digital asset management firm ReserveOne is going public in a $1 billion deal. 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....

Payment Methods
Venmo Debuts College-Themed Debit Card Fleet
July 08, 2025

Venmo has introduced a line of college-branded card designs for its debit Mastercard. 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...

Artificial Intelligence
AI Startups: Aether Taps AI to Spot Market Sentiment Shifts in Real Time
July 08, 2025

Aether Holdings, a New York-based FinTech firm that went public in April, has built an AI-powered investment platform that spots shifts in market sentiment in real time to help investors make better decisions. Get the Full Story Complete the form to unlock this article and...

Retail
Amazon, Walmart Summer Sales Become Stress Test for Consumer Spending
July 08, 2025

For the world’s biggest retailers, summer means two things: sales events, and more sales events. 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,...