Investments
Tailor Raises $22 Million for Headless ERP Platform for Retailers
July 02, 2025

Tailor raised $22 million in a Series A funding round to support its headless enterprise resource planning (ERP) platform designed for retail businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

artificial intelligence
Perplexity Launches $200-a-Month Subscription Tier Promising ‘Limitless AI Productivity’
July 02, 2025

Perplexity has launched a $200-a-month or $2,000-a-year subscription tier called Perplexity Max. 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...

Artificial Intelligence
AI Agents Do Well in Simulations, Falter in Real-World Shopkeeping Test
July 02, 2025

In a bid to test whether artificial intelligence (AI) agents can operate autonomously in the real economy, Andon Labs and Anthropic deployed Claude Sonnet 3.7 — nicknamed “Claudius” — to run an actual small, automated vending store at Anthropic’s San Francisco office for a month....

Ridesharing
Report: Moove to Raise $1.2 Billion Ahead of Expansion in US
July 02, 2025

African ride-hailing startup Moove is reportedly within weeks of finalizing an oversubscribed debt round in which it will raise $1.2 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Healthcare
DOJ Credits AI Tools in Historic Healthcare Fraud Crackdown
July 02, 2025

The healthcare sector is hardly a simple one. And its vast and fragmented ecosystem of providers, payers and platforms can make it fertile ground for scams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Ripple Applies for National Banking License
July 02, 2025

Ripple reportedly filed an application for a national banking license Wednesday (July 2) with the Office of the Comptroller of the Currency (OCC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payment Methods
Fed Flags Overspending Fears as Invisible Payments Soar
July 02, 2025

Frictionless commerce has increasingly been the holy grail of online and in-store commerce. 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....

Social Commerce
TikTok Shop US Division Sees Another Round of Layoffs
July 02, 2025

TikTok has reportedly made the third round of layoffs in three months at its U.S. eCommerce division, TikTok Shop. 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
Remember DeepSeek? Many Adopt Its AI Models Despite Security Concerns
July 02, 2025

After making a big splash — and raising national security concerns — in January, DeepSeek has largely faded from the headlines. Its V3 chatbot and R1 reasoning models were at once praised and vilified, with several countries including the U.S. banning their governmental use. Get...