News

B2B Payments
Flex Raises $225 Million for Finance Platform for Business Owners
March 05, 2025

Flex raised $225 million in debt and equity funding to continue building its platform that manages business owners’ transactions, both business and personal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
Fast-Food Chains Order Up AI Despite Early Missteps
March 05, 2025

The fast food industry is stepping up its adoption of artificial intelligence (AI) and automation, with market stalwarts including McDonald’s, Yum! Brands and Wendy’s expanding their deployment of the technology to streamline operations, improve profitability and enhance the customer experience. Get the Full Story Complete the...

Ridesharing
Uber and Waymo Launch Autonomous Vehicle Rides in Austin
March 05, 2025

Uber said Wednesday (March 5) that it is now offering rides in autonomous vehicles in Austin, Texas, and will later do the same in Atlanta. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
Reports: Congress to Vote on DOGE’s Suggested Spending Cuts
March 05, 2025

Congress will reportedly get more say in the federal spending cuts and layoffs being made by the Elon Musk-led Department of Government Efficiency (DOGE). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Google Unveils Expanded AI Overviews and Experimental AI Mode
March 05, 2025

Google said Wednesday (March 5) that it launched two updates for its artificial intelligence features: expanded AI Overviews and a limited, experimental offering called AI Mode. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
AI Regulations: Virginia’s AI Act Targets ‘High Risk’ AI Systems
March 05, 2025

Virginia could be the second U.S. state to enact artificial intelligence (AI) regulations targeting high risk AI systems, after Colorado, according to the National Law Review. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
David’s Bridal Announces CEO Transition, New ‘Asset-Light, AI-Powered Business Model’
March 05, 2025

David’s Bridal is set to make a CEO transition and several other leadership changes as it shifts to an “asset-light, AI-powered business model.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
KYB in Spotlight as Tariffs and Digital Innovation Reshape Procurement
March 05, 2025

As U.S. tariffs come into full force, global trade routes are being redrawn. So too are B2B procurement strategies. 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...

Retail
Amex: Retail’s Future Hinges on Ditching the Discount
March 05, 2025

In a world where so much is tailored to individual preferences, consumers have come to expect the same level of customization in retail. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...