News

Payments Innovation
Fed Targets AI, Crypto Innovation at Policy Gathering
September 03, 2025

The Federal Reserve is holding a conference in October focused on payment system improvements. 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
ID.me Nets $340M for Digital Identity Push
September 03, 2025

Digital identity wallet ID.me raised $340 million across Series E financing, announced Wednesday (Sept. 3), and a credit facility, announced earlier. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
You.com Valued at $1.5 Billion Amid Shift From AI Search 
September 03, 2025

Artificial intelligence (AI) startup You.com has reportedly raised $100 million in new funding. 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...

Investments
SoFi Launches ETF Chasing Agentic AI Boom
September 03, 2025

Digital finance app SoFi has introduced its SoFi Agentic AI exchange-traded fund (ETF). 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....

Investments
HappyRobot Raises $44 Million for AI Supply Chain Workers
September 03, 2025

HappyRobot, an artificial intelligence startup focused on supply chain operations, raised $44 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....

Fintech Investments
Latin America-Focused FinTech Kapital Valued at $1.3 Billion
September 02, 2025

Mexico City-based FinTech company Kapital said Tuesday (Sept. 2) that it doubled its valuation to $1.3 billion and became “Latin America’s first AI unicorn.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
FDIC Shrinks Bank Watch List, Flags Card Risk
September 02, 2025

Data from the Federal Deposit Insurance Corporation’s (FDIC) latest report on the state of the banking industry is signaling both optimism and caution. While the number of “problem banks” on its watch list has declined for the third straight quarter, the regulator also highlighted rising...

Fintech Investments
LayerX Raises $101M to Provide Back-Office Automation in Japan
September 02, 2025

Japanese startup LayerX reportedly raised 15 billion yen (about $101 million) in a Series B funding round for its artificial intelligence software-as-a-service (SaaS) platform that provides back-office automation for enterprises. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
Google Beefs Up Gemini to Become an All-Around AI Tool
September 02, 2025

Google is beefing up its features for Gemini, its primary suite of generative AI models and the chatbot that serves as its main interface. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...