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Top PYMNTS.com News

Apple · United States

White House says Apple to announce $100B US investment commitment for manufacturing

51% Center coverage: 268 sources

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OpenAI · United States

OpenAI launches new GPT-5 model for all ChatGPT users

56% Center coverage: 153 sources

OpenAI on Thursday announced GPT-5, its latest and most advanced large-scale artificial intelligence model.The company is making GPT-5 available to everyone, including its free users. OpenAI said the model is smarter, faster and “a lot more useful,” particularly across domains like writing, coding and health care.See the Story

Canadian Economy · Canada

Claire’s to seek creditor protection in Canada after U.S. filing, stores remain open

69% Center coverage: 146 sources

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Google Confirms ShinyHunters Breach of Its Salesforce CRM Instance, Limited Data Exposed

70% Center coverage: 13 sources

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Paxos Trust in $48.5 Million New York Settlement over Binance-Related Lapses

50% Center coverage: 4 sources

NEW YORK :Paxos Trust reached a $48.5 million settlement to resolve New York charges the virtual currency company failed to police illegal activity related to cryptocurrency exchange Binance, the state's financial services regulator said on Thursday.Adrienne Harris, New York's financial services superintendenBinance · New York See the Story

Economic Anxiety Fuels Secondhand Luxury Boom for The RealReal

Online luxury consignment marketplace The RealReal’s “breakout performance” in the second quarter of 2025 signaled that discretionary spending by consumers amid economic worries remains strong. It’s one signal of how consumers are navigating uncertainty: On the day many of President Donald Trump’s global tariffs went into force, the company nudged up its full-year guidance. [contact-form-7] “Resale is a smart choice for a luxury minded …United States · United States Read Article

37% of Sezzle Anywhere Orders Occur in-Store Amid BNPL Momentum

The momentum of buy now, pay later (BNPL) remains unabated, Sezzle management said on the company’s conference call on Thursday (Aug. 7), marked by double-digit growth in revenues, strong uptake in subscriptions and in-store purchases and active consumers. [contact-form-7] But investors sent the shares down sharply, off 23% in after-hours trading, retracing the more than 200% gains seen in the stock year to date. Disrupting the Payments…United States · United States Read Article

Block Pushes Past Payments Into Bitcoin, Banking and BNPL

Block, owner of Square and Cash App, is betting that the future of money won’t look a lot like its past. [contact-form-7] Per its executive remarks during Thursday’s (Aug. 7) second-quarter 2025 earnings call, the FinTech platform’s ambitions are larger than payments. The company wants to be the place where people manage their financial lives end-to-end, and where sellers of any size can operate with the sophistication of much larger p…Apps · United States Read Article

Expedia Sees Fast-Growing Traffic From Chatbots

Expedia Group is embedding artificial intelligence (AI) across its business, using the technology to sharpen personalized travel recommendations, improve customer service and boost operational efficiency. [contact-form-7] “We’re using AI everywhere,” CEO Ariane Gorin said during the company’s second-quarter earnings call with analysts. “It touches every function across our company, and all our employees have AI goals.” AI is helping t…Expedia · United States Read Article

Apps and Digital Deals Connect With Cautious Consumers in Q2

Fast-food chains are still ringing up sales, but the diners they serve look different from a year ago. [contact-form-7] McDonald’s said this week that profit for the spring quarter rose 11% to $2.25 billion, helped by a 3.8% gain in worldwide same-store sales. But growth at U.S. outlets slowed to 2.5%. Executives pointed to “continued pressure” on lower-income customers even as the company leaned on value meals and mobile-app deals to k…McDonald's · United States Read Article

Chime Beats Revenue Estimates in First Earnings Since Blowout US IPO

Coverage: 2 sources

By Manya Saini (Reuters) -Chime beat Wall Street estimates for second-quarter revenue on Thursday, driven by strong demand for its digital banking and financial services, in its first results following a blockbuster U.S. listing. Younger customers in the U.S., disillusioned with fees and limited flexibility at large banks, have increasingly turned to digital-first startups that offer low-cost banking, early direct deposits and higher-yield savin…Wall Street · San Francisco See the Story

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