News

Delivery
Amazon Adds FedEx to Delivery Partners as UPS Cuts Back
May 12, 2025

Amazon will have FedEx deliver large packages to the retailer’s customers for the first time in six years. 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...

Retail
New-Vehicle Transaction Prices Rise as Tariff Talk Causes ‘Buying Frenzy’
May 12, 2025

The average transaction price (ATP) of new vehicles increased by 2.5% in April, driven by a decline in sales incentives amid talk of tariffs, Cox Automotive’s Kelley Blue Book said Monday (May 12). Get the Full Story Complete the form to unlock this article and...

Artificial Intelligence
House Committee Aims to Ban States From Regulating AI
May 12, 2025

A House committee is reportedly trying to add language to President Donald Trump’s tax and spending bill that would prevent states from regulating artificial intelligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Colorado Officials Seek Delay in AI Regulations Start Date
May 12, 2025

Almost exactly a year after signing Colorado’s artificial intelligence regulations bill into law, Gov. Jared Polis and other government leaders are calling for a delay of the law’s implementation until January 2027. Get the Full Story Complete the form to unlock this article and enjoy...

Artificial Intelligence
Perplexity AI Eyes Launching Browser to Challenge Google
May 12, 2025

Perplexity AI is reportedly in advanced talks to raise $500 million at a valuation of $14 billion, a figure that would be up from the $9 billion at which it was valued in November. Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
Microsoft Moves to Protect Its Turf as OpenAI Turns Into Rival
May 12, 2025

When Microsoft first invested in OpenAI in 2019, it likely didn’t expect that the fledgling artificial intelligence (AI) research lab would become the juggernaut that it is today. That all changed when ChatGPT became a household word in 2022. Get the Full Story Complete the...

Artificial Intelligence
EU Member States Face Funding Shortages to Enforce AI Act
May 12, 2025

As the European Union begins its phased implementation of the EU AI Act this year, an EU policy adviser is warning that enforcement will be a challenge for cash-strapped member nations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Stash Secures $146 Million to Add AI to Financial Guidance Platform
May 12, 2025

Stash has secured $146 million in a Series H funding round to deepen its investment in artificial intelligence (AI) for its financial guidance platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Byline Bank Expands Payments and FinTech Banking Units
May 12, 2025

Byline Bank is boosting its embedded finance efforts by expanding its payments/FinTech division. 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....