News

Fintech Investments
VC Funding for Retail FinTech Market Drops 38% Amid Tariff Concerns
May 01, 2025

Venture capital (VC) funding for the retail FinTech market dropped 37.8% in the first quarter compared to the previous quarter, PitchBook said in a report released Thursday (May 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Poshmark Backer Uncork Raises $300 Million With AI Focus
May 01, 2025

Uncork Capital, a venture firm whose portfolio includes Poshmark and Fitbit, has raised $300 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 Today. By...

Payment Methods
Fiserv Processes First Card-Based Payment Transactions Under Special Bank Charter
April 30, 2025

The Georgia Department of Banking and Finance said Wednesday (April 30) that Fiserv merchant acquirer limited purpose bank (MALPB) has become the nation’s first chartered MALPB to process card-based payment transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
Rise of AI-Generated Fashion Shoots Offers Cost Savings for Retailers
April 30, 2025

A strawberry blonde model looks nonchalantly into the camera, her slender body draped in fitted white linen pants and flowing pale green blouse. She looks like one of millions of fashion models that could grace the websites of retailers and mom-and-pop eCommerce sites. Get the...

Artificial Intelligence
Google CEO: Gemini Could Be Added to iPhones This Year
April 30, 2025

Google CEO Sundar Pichai said his company’s artificial intelligence service, Gemini, could soon become part of Apple’s iPhone. 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...

Banking
Square Updates Banking Offering to Bolster Business Cash Management
April 30, 2025

Square has debuted banking tools designed to help sellers gain instant access to their funds. 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...

Investments
Nuvo Raises $45 Million to Extend B2B Trade Infrastructure Into New Verticals
April 30, 2025

Nuvo has raised $45 million to extend its B2B trade infrastructure into new verticals and deepen its reach in its core markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Walmart Opens First New Supercenter in 4 Years
April 30, 2025

Walmart has opened a new Texas Supercenter, the first of its kind in four 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 our daily newsletter, PYMNTS...

Artificial Intelligence
Affirm Opens AI-Powered Promotion Platform to Merchants
April 30, 2025

Buy now, pay later network Affirm is introducing its artificial intelligence-powered platform, AdaptAI, to its merchant partners. 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...