Earnings
Gap Invests in ‘Digitally Enabled Workforce’ While Continuing Turnaround Efforts
August 28, 2025

Gap Inc. continues to invest in technology as it works to enhance its efficiency, customer experience and positioning for long-term growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
Microsoft Launches Public Testing of First In-House Foundation Model
August 28, 2025

Microsoft AI (MAI) has begun public testing of the first foundation model it trained in-house. 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,...

Earnings
Levchin Says Affirm ‘Firing on All Pistons’ as Active Card Users Surge 97%
August 28, 2025

Affirm notched new highs across several business lines in the June quarter, as buy now, pay later (BNPL) momentum continued online and in-store, underpinned by 0% APR monthly installment loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
CFTC Says Registration Framework for Non-US Exchanges Includes Digital Asset Markets
August 28, 2025

The Commodity Futures Trading Commission (CFTC) said Thursday (Aug. 28) that American companies that left the country to enable crypto asset trading now have a way to participate in American markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
OpenAI Says New Speech-to-Speech Model Designed for Customer Support
August 28, 2025

OpenAI has released what it calls its “most advanced speech-to-speech model yet.” 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...

B2B Payments
This Week in B2B: Data, Trust and Treasury Innovation
August 28, 2025

In an era defined by volatility, resilience is strategy. And treasury, once confined to spreadsheets, is becoming the resilience function par excellence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
EU Proposes Removing Tariffs to Reduce US Duties on Cars
August 28, 2025

The European Commission has proposed reducing some of its tariffs on U.S. goods to gain relief from U.S. tariffs on European Union cars and car parts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Earnings
Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks
August 28, 2025

Off-price retailer Burlington Stores had an “extraordinarily strong” second quarter and raised its full-year guidance, but it remains cautious about the rest of the year due to external risks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Earnings
Best Buy Sees Slight Sales Increase as Tariff Woes Persist
August 28, 2025

Best Buy saw quarterly sales creep up as consumers increased their tech spending. 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...