News

Regulation
FSB Calls for New Curbs on Shadow Bank Companies
July 09, 2025

The Financial Stability Board, a global financial watchdog, is calling for greater oversight of the multitrillion-dollar shadow banking sector. 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
Global CPG Companies Join Generative and Agentic AI Rush
July 09, 2025

Consumer packaged goods companies are accelerating the adoption of artificial intelligence in their operations, marketing and supply chains as they seek new ways to boost growth and efficiency in a mature and competitive industry. Get the Full Story Complete the form to unlock this article...

Retail
Shoppers Embrace Embedded Payments in Shift From Prime Day Splurging to Savings
July 09, 2025

Amazon Prime Day generated nearly $15 billion last year. The sales event, extended to four days for the first time ever this year, has long been the eCommerce juggernaut’s crown jewel, a blockbuster sales event that once redefined the online retail calendar. Get the Full...

Retail
David’s Bridal Expands Offerings With New Brand and Amazon Storefront
July 09, 2025

David’s Bridal opened a new Amazon storefront featuring a new brand that offers gowns and dresses for both special and everyday occasions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payments Innovation
Banks Now View Payment Hubs as ‘Mission Control’ Centers
July 09, 2025

Watch more:  Banks Use FIS Payment Hubs to Navigate Complex Regulatory Changes  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
Adobe Says Retailers’ AI-Driven Traffic Will Leap 3,200% During Prime Day
July 08, 2025

Adobe said Monday (July 7) that during Amazon’s Prime Day sales event that runs from Tuesday (July 8) through Friday (July 11), it expects the amount of traffic to all U.S. retailers that comes from generative artificial intelligence (AI) chat services and browsers to leap...

Wearables
Meta Reportedly Buys 3% Stake in Smart Glasses Partner EssilorLuxottica
July 08, 2025

Meta reportedly bought a roughly 3% stake in eyewear maker EssilorLuxottica, which is the maker of Ray-Ban and Oakley glasses and one of Meta’s partners in the smart glasses business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Propel Finance Raises $2 Billion to Fund UK Small Businesses
July 08, 2025

British FinTech Propel Finance has raised $2 billion in a new funding round. 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....

Payment Methods
Venmo Debuts College-Themed Debit Card Fleet
July 08, 2025

Venmo has introduced a line of college-branded card designs for its debit Mastercard. 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...