News

Retail
Amazon and Walmart Turn Groceries, Health and Data Into Distinct Empires
May 28, 2025

Walmart and Amazon are in a convergence war. What’s at stake is not just winning retail dollars but owning the infrastructure of daily living: shopping, healthcare, media and cloud services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
Saudi Arabia Unveils $10 Billion VC Fund in Race for Middle East’s AI Crown
May 28, 2025

Saudi Arabia’s new state-backed AI company plans to launch a $10 billion venture capital fund and seek investments from top U.S. tech companies as it strives to become the AI leader in the Middle East. Get the Full Story Complete the form to unlock this...

Fintech Investments
Robinhood Brings Its ‘Legend’ Trading Platform to the UK
May 28, 2025

Robinhood says its browser-based desktop trading platform is now available to U.K. customers. 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...

Investments
Cerby Raises $40 Million to Expand Identity Security Automation Platform
May 28, 2025

Cerby has raised $40 million in a Series B funding round to expand the capabilities and the adoption of its identity security automation platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
Shein Reportedly Looks to Hong Kong After Derailed UK IPO
May 28, 2025

Fast fashion retailer Shein has reportedly chosen a new location to go public. 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...

Cross-border Payments
Remitly CEO Says Digital Driving Remittances to New Heights Amid Economic Uncertainty
May 28, 2025

Uncertainty is the watchword of the current global macroeconomic environment. Tariffs are being raised, lowered, paused. GDP is slowing, almost no matter where you look. But there are some constants amid the turmoil. Get the Full Story Complete the form to unlock this article and...

Mobile Commerce
Mobile Phone Shoppers Are Mexican Merchants’ Best Friend
May 28, 2025

Over the past decade, annual growth in Mexico’s economy has zigzagged from 2.7% (in 2015) to minus 8.4% (2020) to 3.2% in 2023, IMF data shows. By contrast, Mexican consumers are on a straight upward trajectory when it comes to how they shop. Get the...

Banking
JPMorganChase Accelerates Rollout of Branch Format Catering to Affluent Clients
May 27, 2025

JPMorganChase is accelerating the rollout of the affluent banking offering it introduced late last year. 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
Anthropic Begins Adding Voice Mode to AI Assistant Claude
May 27, 2025

Anthropic has begun rolling out voice mode in beta for its artificial intelligence (AI) assistant, Claude. 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...