News

Fintech Investments
Payrails Raises $32 Million to Streamline Enterprise Payments
June 12, 2025

Berlin-based payment software FinTech Payrails has raised $32 million in new funding. 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
Supplier Enablement Programs Accelerate Virtual Card Use
June 12, 2025

The B2B payments landscape has long been characterized by competing interests, with buyers seeking to extend payment terms while suppliers push for prompt remittance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
Chime Gets a Ringing Endorsement on Wall Street as IPO Valuation Hits $11.6B
June 11, 2025

The pricing of an initial public offering (IPO), a ritual that comes the night before the first day of trading, gauges the enthusiasm of the market for the new kid on the Street. Get the Full Story Complete the form to unlock this article and...

Investments
GrailPay Raises $6.7 Million to Expand Risk Layer for Bank Payments
June 11, 2025

GrailPay has raised $6.7 million to expand its risk and data platform for bank payments that is used to make ACH payments safer, smarter and faster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Social Commerce
Pinterest Adds AI-Powered Shopping Trend Forecasts for Advertisers
June 11, 2025

Pinterest has introduced two artificial intelligence (AI)-powered tools for advertisers that it says will provide enhanced ad solutions and shopping trend forecasts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
Senate’s Stablecoin Bill Heads to Final Vote After 68-30 Procedural Vote
June 11, 2025

The stablecoin bill moving through the U.S. Senate reportedly got closer to final passage Wednesday (June 11) after a 68 to 30 procedural vote removed an obstacle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Farsight Raises $16 Million for Financial Automation Platform
June 11, 2025

Farsight, an automation platform for financial institutions, raised $16 million in a Series A 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...

Regulation
CLARITY Act Advances to Full US House After Committee Votes
June 11, 2025

The CLARITY Act, which aims to establish a regulatory framework for digital assets in the U.S., is set to be considered by the full U.S. House of Representatives after being advanced by two House committees Tuesday (June 10). Get the Full Story Complete the form...

Artificial Intelligence
Nvidia and Perplexity to Facilitate Sovereign AI Models in Europe and Middle East
June 11, 2025

Nvidia and Perplexity partnered to facilitate the deployment of sovereign artificial intelligence models across Europe and the Middle East. 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...