Credit Unions
Gen Z Is Ready to Stay if Credit Unions Step Up Digital Innovation
July 09, 2025

Gen Z is often typecast as a different species, a pervasively anxious one that never knew daily life without the internet, thrift shops, and consumes social media voraciously. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Opinion
Banks and Merchants Demand Flexible Payment Tools Amid Market Volatility
July 09, 2025

BNPL partnerships help banks and merchants meet the needs of consumers and navigate regulations, Splitit CEO Nandan Sheth writes in a new PYMNTS eBook, “Halftime 2025: Charting the Future of Payments.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

eCommerce
Adobe Says Retailers’ AI-Driven Traffic Will Leap 3,200% During Prime Day
July 08, 2025

Adobe said Monday (July 7) that during Amazon’s Prime Day sales event that runs from Tuesday (July 8) through Friday (July 11), it expects the amount of traffic to all U.S. retailers that comes from generative artificial intelligence (AI) chat services and browsers to leap...

Personnel
Apple COO Jeff Williams to Hand off Some Duties, Then Retire
July 08, 2025

Apple said Tuesday (July 8) that Chief Operating Officer Jeff Williams will hand off some of his duties before retiring later this year to spend more time with friends and family.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Wearables
Meta Reportedly Buys 3% Stake in Smart Glasses Partner EssilorLuxottica
July 08, 2025

Meta reportedly bought a roughly 3% stake in eyewear maker EssilorLuxottica, which is the maker of Ray-Ban and Oakley glasses and one of Meta’s partners in the smart glasses business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Acquisitions
VC-Backed Firms Choose Mergers and Buyouts Amid Uncertainty Around IPOs
July 08, 2025

Companies backed by venture capital (VC) firms are reportedly choosing mergers, acquisitions and buyouts over initial public offerings (IPOs). 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...

artificial intelligence
Report: Mistral Aims to Raise Financing for AI Cloud Service
July 08, 2025

Mistral AI is reportedly in talks to raise as much as $1 billion in equity financing from investors including MGX as well as hundreds of millions of euros in debt from French lenders. Get the Full Story Complete the form to unlock this article and...

Consumer Insights
NY Fed Finds Inflation Expectations Ease, but Spending Outpaces Income
July 08, 2025

The June Survey of Consumer Expectations by the Federal Reserve Bank of New York, released Tuesday (July 8), found at least some optimism on inflation, where price increases are still likely to be elevated, but at a slowing pace. Get the Full Story Complete the...

Amazon
Momentum Commerce Says Amazon Prime Day Sales Down 14% in First 4 Hours
July 08, 2025

The first four hours of Amazon’s Prime Day event reportedly saw sales figures that were 14% lower than those at the beginning of last year’s event, Bloomberg reported Tuesday (July 8), citing data from Momentum Commerce. Get the Full Story Complete the form to unlock...