News

eCommerce
Amazon Prime Day Average Household Spend Reaches $156, Numerator Says
July 11, 2025

Market research company Numerator said Friday (July 11) that the average household spend during Amazon’s first four-day Prime Day sales event reached $156.37. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
SEC Alleges Georgia-Based First Liberty Building & Loan Operated Ponzi Scheme
July 11, 2025

The Securities and Exchange Commission (SEC) said Friday (July 11) that it filed charges against Newnan, Georgia-based First Liberty Building & Loan and its founder and owner, Edwin Brant Frost IV, alleging that they operated a Ponzi scheme. Get the Full Story Complete the form...

Artificial Intelligence
This Week in AI: Nvidia Hits $4 Trillion Market Cap; Reddit Post Reignites AI in...
July 11, 2025

This week in artificial intelligence, Nvidia reached a record market capitalization, while Americans are using AI chatbots to get medical advice and restaurants are using robots end-to-end. Meanwhile, Microsoft saved $500,000 using AI but still laid off workers. Get the Full Story Complete the form...

Security & Fraud
French and UK Authorities Arrest Suspects in 2 Separate Ransomware Cases
July 11, 2025

Five people have been arrested in Europe in two separate, unrelated cases related to ransomware, Ars Technica reported Thursday (July 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
CFOs Face Pressure to ‘Slow Down to Speed Up’ Payments
July 11, 2025

Watch more: CFOs Face Mounting Pressure to Secure Faster B2B Payment Rails 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...

Fintech Investments
FinTech IPO Index Up 1.7% as Circle Gets Ant Group Support
July 11, 2025

Earnings season is kicking off next week, and the flood of quarterly reports will move FinTech IPO Index names. 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...

B2B Payments
Oro Adds Integrated Payment Solution to B2B eCommerce Platform
July 10, 2025

Oro has launched a payment platform that is integrated with the company’s B2B eCommerce platform, OroCommerce, and purpose-built for the manufacturers and distributors who use it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
Federal Reserve Proposes Easing Requirements for Banks’ ‘Well-Managed’ Ratings
July 10, 2025

The Federal Reserve Board proposed Thursday (July 10) that it revise its supervisory rating framework for large bank holding companies to allow those with a “Deficient-1” rating to be considered “well managed.” Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
B2B Firms Are Betting on Time to Cash to Manage Uncertainty
July 10, 2025

The past six months have been nothing but a tariff headache for CFOs, procurement teams and enterprise back offices. 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...