News

Banking
Truist Opens 100 Branches to Court Wealthy Clients
August 20, 2025

Truist is investing in its physical bank branches as it targets more affluent clients. 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....

B2B Payments
Supplier Enablement Is Missing Link in B2B Payment Innovation
August 20, 2025

The digital transformation of business-to-business (B2B) payments is viewed as a technological inevitability. 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
FieldAI Raises $405 Million for Robotic AI and General-Purpose Robots
August 20, 2025

FieldAI said Wednesday (Aug. 20) that it raised $405 million in two consecutive rounds to accelerate the global adoption of its general-purpose robots. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
Character.AI Explores Sale or New Funding Amid Rising Costs
August 20, 2025

Character.AI is weighing its options between a potential sale or raising new capital, sources told The Information. 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...

Retail
Claire’s Sells ‘Significant Number’ of Stores to PE Outfit
August 20, 2025

Claire’s says it is selling most of its North American business to a private equity firm. 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,...

Investments
Overhaul Raises $105 Million for Supply Chain Risk Management Platform
August 20, 2025

Overhaul secured $105 million in Series C equity funding and closed on a new debt facility to accelerate the development of its in-transit supply chain risk management platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Target Promotes Longtime Executive Michael Fiddelke to CEO
August 20, 2025

Target has chosen a veteran company executive to serve as its new CEO. 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...

Retail
David’s Bridal Builds a Platform for Life Before and After ‘I Do’
August 20, 2025

Watch more: David’s Bridal Launches on Shopify 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, you agree...

Artificial Intelligence
For AI to Reshape Business Models, Trust Must Be Foundation
August 20, 2025

Watch more: For AI to Reshape Business Models Trust Must Be the Foundation 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....