Retail
Companies Pivot to Higher-Income Consumers as Middle-Class Spending Drops
February 05, 2026

Apparel, accessories and cosmetics companies are focusing on higher-income consumers, Reuters reported Thursday (Feb. 5). 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,...

Facebook / Meta
Meta Challenges Sora With Standalone Vibes App
February 05, 2026

Meta is considering making its artificial intelligence-powered short-form video feed Vibes a standalone app, TechCrunch reported Thursday (Feb. 5). 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
ClassPass Hands Most Customer Inquiries to AI in 24/7 Support Shift
February 05, 2026

ClassPass is using artificial intelligence (AI) to absorb a growing share of customer support work as inquiry volumes rise, shifting its operation to a chat-first, 24/7 model and reorganizing how agents work. The fitness subscription platform says the changes have allowed it to increase service...

B2B Payments
Why Businesses Are Replacing Checks With Virtual Cards and ACH
February 05, 2026

B2B payments innovation tends to scale in lockstep with supplier acceptance. 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...

Artificial Intelligence
Fundamental Raises $255 Million for AI Large Tabular Model
February 05, 2026

Artificial intelligence (AI) company Fundamental has teamed with Amazon and raised $255 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....

Consumer Insights
Kalshi Overtakes DraftKings and FanDuel in Download Race
February 05, 2026

Prediction market platform Kalshi’s mobile app was downloaded more times in January than sports-betting apps DraftKings Sportsbook or FanDuel Sportsbook have been downloaded in any month, Apptopia said in a Tuesday (Feb. 3) blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cybersecurity
Mastercard and UAE Team to Counter Cyberthreats
February 05, 2026

Mastercard has launched a cybersecurity partnership with the United Arab Emirates (UAE). 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...

Earnings
WEX Sees Virtual Card and Accounts Payable Solutions Offset Flat Mobility
February 05, 2026

For WEX Inc., the latest quarter highlighted a shift in momentum across its portfolio, with the corporate payments segment carrying more of the company’s growth as mobility markets remained uneven. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Partnerships
Bolt Picks Socure to Secure ID Verification Platform
February 05, 2026

Checkout and payments company Bolt has teamed with Socure to bolster its identity verification system. 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,...