Economy
Shift to Gig Economy Evident as Labor Market Cools With Muted Wage Gains
March 07, 2025

Even before the pandemic, PYMNTS noted that 32% of workers participated in the gig economy in some way, either to supplement their incomes, or to cobble together revenue streams that represented their primary ways of paying their way through life. Get the Full Story Complete...

Apple
Siri’s Original Co-Designer Says Apple’s ‘Fear of Not Being Perfect’ Hampers Siri Revamp
March 07, 2025

In 2011, Apple debuted Siri, the world’s first digital assistant embedded in a smartphone. 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
Reflection AI Raises $130 Million to Build Autonomous Coding Systems
March 07, 2025

Artificial intelligence (AI) startup Reflection AI emerged from stealth Friday (March 7), saying it is focused on building autonomous coding systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Legal
Revolut and Visa Challenge UK Proposal to Cap Interchange Fees
March 07, 2025

Revolut and Visa reportedly filed legal challenges against the U.K.’s Payment Systems Regulator (PSR), seeking to overturn the regulator’s proposed cap on interchange fees on cross-border online payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
This Week in AI: Google Search’s ‘AI Mode,’ T-Mobile Parent’s AI Phone
March 07, 2025

This week in artificial intelligence, Google debuted two updates for its AI features, T-Mobile parent company Deutsche Telekom plans to introduce an AI phone, Gap is pursuing AI innovations, and Amazon is developing a new reasoning model and creating an agentic AI unit. Get the...

IPO
Report: StubHub Considers Seeking $1 Billion in IPO This Year
March 07, 2025

Ticketing software company StubHub is reportedly looking to raise over $1 billion in an initial public offering (IPO). 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...

Artificial Intelligence
Report: Microsoft Considering AI Models to Replace OpenAI’s in Copilot
March 07, 2025

Microsoft is reportedly testing artificial intelligence (AI) models from other companies that could replace OpenAI’s models in Copilot. 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,...

Bank Regulation
Senate Bill Would Eliminate Reputational Risk as Measure of Safety and Soundness
March 07, 2025

Senate Banking Committee Chairman Tim Scott, R-S.C., has introduced a bill that would stop federal banking agencies from using reputational risk as a measure to determine regulated financial institutions’ safety and soundness. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Earnings
Burlington and Ross Double Down on Value as Consumers Seek Deals
March 07, 2025

In an era where consumer confidence is being tested by inflation and rising living costs, off-price retailers like Burlington Stores and Ross Stores are doubling down on strategies that emphasize value and flexibility. Both companies have adapted to increased demand for discounts by balancing quality,...