Consumer Insights
52% of Consumers Use Credit for Groceries
February 03, 2025

Credit products are changing, with personal loans, embedded finance, and buy now, pay later (BNPL) gaining traction. 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...

eCommerce
Proposed EU Customs Reform Increases Online Platforms’ Responsibilities for Imported Goods
February 02, 2025

A proposed customs reform in the European Union would reportedly shift the responsibility of being an importer from individuals who purchase goods online to the online platforms that sell them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

IPO
India Set to See $23 Billion in IPOs in 2025
February 02, 2025

India is reportedly set to see initial public offerings (IPOs) with a total value topping that of 2024, when the value of the country’s IPOs was the highest in Asia and was second only to the United States globally. Get the Full Story Complete the...

artificial intelligence
OpenAI CEO Sam Altman: Company Considering ‘Different Open-Source Strategy’
February 02, 2025

OpenAI is reportedly reconsidering its recent shift to a closed-source development approach. 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...

eCommerce
Trump’s Tariffs to Eliminate ‘De Minimis Exemption’ on Small Packages
February 02, 2025

The additional tariffs imposed by President Donald Trump on China, Canada and Mexico reportedly include a provision that will eliminate a longstanding rule that allows small packages to enter the U.S. without a paying a tariff. Get the Full Story Complete the form to unlock...

eCommerce
Sotheby’s Shuts Down 2-Year-Old eCommerce Business in China
February 02, 2025

Auction house Sotheby’s reportedly shut down its Buy Now eCommerce business in mainland China, though it will continue that business in Hong Kong. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Politics
Elon Musk-Led DOGE Gains Access to Treasury Department Payment System
February 02, 2025

The Elon Musk-led Department of Government Efficiency (DOGE) reportedly has access to the system that disburses money on behalf of the federal government, having been given that access by Treasury Secretary Scott Bessent. Get the Full Story Complete the form to unlock this article and...

CFPB
CFPB Director Chopra Fired by Trump
February 02, 2025

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra was fired by President Donald Trump on Saturday (Feb. 1) morning. 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...

Cryptocurrency
Got Digital Assets? The Weird, the Wild and the Whatever Coins
February 01, 2025

Everyone seems to have their own digital asset these days — from Elon Musk’s favorite meme token, Dogecoin, to the newly “minted” Trump Coin. If there’s an inside joke or an influencer obsession in play, odds are someone’s slapping a blockchain on it en route...