Pymnts News/page/559 news and trends

Harvey Targets $15.5 Billion Valuation as Revenue Surges Past $350 Million
Investments // August 07, 2026

Legal artificial intelligence (AI) startup Harvey is in talks to raise $500 million at a $15.5 billion valuation, including the investment, The Information reported Friday (Aug. 7), citing an unnamed source. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

CarParts.com and CarGurus Turn Proprietary Data Into Moats
Earnings // August 07, 2026

CarParts.com and CarGurus are each leveraging their own proprietary data to differentiate their platforms from competitors, executives at the two companies said in their Thursday (Aug. 6) earnings reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Consumers Cut Extras as Credit Card Debt Nears a Record
Consumer Finance // August 07, 2026

The June credit report indicates that the checkout total can keep rising even when the consumer’s financial cushion is getting thinner. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

AI Is Bringing Retailers Their Best Customers but Not Closing the Sale
Artificial Intelligence // August 07, 2026

Retailers this quarter are reporting where artificial intelligence has actually changed how consumers shop, and where it has not. 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...

Interviews & Exclusives
Splitit CEO Says Card-Linked Payments Can Save AI Sales

August 07, 2026
Card-linked installments can help prevent payment failures in agentic AI commerce, Splitit CEO Nandan Sheth writes in a new PYMNTS eBook, “Building the Agent-Ready Payments Enterprise.” 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 […]

Financial Firms Put AI to Work Across 27 Tasks, Study Finds

August 07, 2026
Financial services firms are finding their strongest artificial intelligence results in the parts of the business customers rarely see. Get the Full Story Complete the form to unlock this article...

Consumer Expectations for Economy Jump 4.1 Points as Personal Finance Optimism Lags

August 07, 2026
The economy is beginning to inspire confidence again, but Americans are not convinced that confidence will arrive in their own wallets anytime soon. Get the Full Story Complete the form...

The US Government’s Trade-Fraud Crackdown Now Runs Through Payments

August 06, 2026
Every fraudulent customs declaration can eventually become a financial transaction. And as investigators connect invoices, ownership records and money flows across global supply chains, that is a connection that’s becoming...

Quick Reads
Harvey Targets $15.5 Billion Valuation as Revenue Surges Past $350 Million

August 07, 2026
Legal artificial intelligence (AI) startup Harvey is in talks to raise $500 million at a $15.5 billion valuation, including the investment, The Information reported Friday (Aug. 7), citing an unnamed source. 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 […]

CarParts.com and CarGurus Turn Proprietary Data Into Moats

August 07, 2026
CarParts.com and CarGurus are each leveraging their own proprietary data to differentiate their platforms from competitors, executives at the two companies said in their Thursday (Aug. 6) earnings reports. Get the Full Story...

QVC Group Emerges From Bankruptcy With $600 Million Asset-Backed Facility

August 07, 2026
QVC Group, the live social shopping company whose brands include QVC and HSN, emerged from bankruptcy with its debt reduced by more than $5 billion, access to a new $600...

Splitit and 1stMILE Unlock Card-Linked Installments for Auto Repairs

August 07, 2026
Automotive service providers that use 1stMILE’s automotive commerce platform can now offer their customers Splitit’s flexible point-of-sale installment payments. Get the Full Story Complete the form to unlock this article...