# Table of Contents - [Burlington Reports ‘Extraordinarily Strong’ Results](#burlington-reports-extraordinarily-strong-results) - [Chainlink, Commerce Department Bring Data to Blockchain](#chainlink-commerce-department-bring-data-to-blockchain) - [Google Cloud and CME Group Pilot Distributed Ledger for Trading](#google-cloud-and-cme-group-pilot-distributed-ledger-for-trading) - [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](#best-buy-sees-slight-sales-increase-as-tariff-woes-persist) - [Dick’s Sporting Goods Sees ‘No Slowdown’ in Consumer Spending](#dick-s-sporting-goods-sees-no-slowdown-in-consumer-spending) - [Grubhub to Settle Class Action Lawsuit Alleging False Advertising](#grubhub-to-settle-class-action-lawsuit-alleging-false-advertising) - [Google-Backed Attio Raises $52 Million for AI-Native CRM Platform](#google-backed-attio-raises-52-million-for-ai-native-crm-platform) - [Consumer Spending Helps Lift Q2 GDP Past Initial Estimates](#consumer-spending-helps-lift-q2-gdp-past-initial-estimates) - [Infosys Finacle Integrates Mastercard Move Into Banking Solution](#infosys-finacle-integrates-mastercard-move-into-banking-solution) - [Revolut Considers Hiring Advisers on US Banking Acquisition](#revolut-considers-hiring-advisers-on-us-banking-acquisition) - [Uber Eats Expands Rural Footprint With Dollar Tree Partnership](#uber-eats-expands-rural-footprint-with-dollar-tree-partnership) - [Hemi Raises $15 Million to Help Bitcoin Realize DeFi Potential](#hemi-raises-15-million-to-help-bitcoin-realize-defi-potential) - [Amazon, Walmart Lean Into Platform Plays to Navigate Uncertainty](#amazon-walmart-lean-into-platform-plays-to-navigate-uncertainty) - [Sycamore Completes Acquisition of Walgreens Boots Alliance](#sycamore-completes-acquisition-of-walgreens-boots-alliance) - [Visa Says Unified Commerce Lets Small Shops Play Big](#visa-says-unified-commerce-lets-small-shops-play-big) - [TD Bank Touts ‘Critical’ Digital Efforts Amid Tariff Uncertainties](#td-bank-touts-critical-digital-efforts-amid-tariff-uncertainties) - [Instacart Offers Indie Grocers eCommerce Tools With MDI](#instacart-offers-indie-grocers-ecommerce-tools-with-mdi) - [Dollar General Bets Big on Stores With Nearly 4,900 Projects](#dollar-general-bets-big-on-stores-with-nearly-4-900-projects) - [M0 Raises $40 Million for Stablecoin Infrastructure Platform](#m0-raises-40-million-for-stablecoin-infrastructure-platform) - [Taco Bell Reconsiders Voice AI After Seeing Mixed Results](#taco-bell-reconsiders-voice-ai-after-seeing-mixed-results) - [Rain Raises $58M to Expand Global Stablecoin Infrastructure](#rain-raises-58m-to-expand-global-stablecoin-infrastructure) - [Europe Produces 12 ‘Unicorn’ Startups Thus Far in 2025](#europe-produces-12-unicorn-startups-thus-far-in-2025) - [TransUnion Data Breach Hits 4.4 Million Customers](#transunion-data-breach-hits-4-4-million-customers) - [How the NFL Is Leveling Up With AI for Game Day and Beyond](#how-the-nfl-is-leveling-up-with-ai-for-game-day-and-beyond) - [Aurelian Raises $14M for AI That Fields Non-Emergency 911 Calls](#aurelian-raises-14m-for-ai-that-fields-non-emergency-911-calls) --- # Burlington Reports ‘Extraordinarily Strong’ Results Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks ======================================================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/&t=Burlington+Reports+%E2%80%98Extraordinarily+Strong%E2%80%99+Results+While+Warning+of+Macroeconomic+Risks "Share on Facebook") [](https://twitter.com/share?text=Burlington+Reports+%E2%80%98Extraordinarily+Strong%E2%80%99+Results+While+Warning+of+Macroeconomic+Risks%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/&title=Burlington+Reports+%E2%80%98Extraordinarily+Strong%E2%80%99+Results+While+Warning+of+Macroeconomic+Risks&summary=&source= "Share on LinkedIn") [](mailto:?subject=Burlington%20Reports%20%E2%80%98Extraordinarily%20Strong%E2%80%99%20Results%20While%20Warning%20of%20Macroeconomic%20Risks&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/)  |  ![Burlington, earnings, retail](https://www.pymnts.com/wp-content/uploads/2025/03/Burlington-earnings-retail.jpg?w=768) Off-price retailer [Burlington Stores](https://www.burlington.com/) had an “extraordinarily strong” second quarter and raised its full-year guidance, but it remains cautious about the rest of the year due to external risks. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ That’s according to Burlington Stores CEO [Michael O’Sullivan](https://www.burlingtoninvestors.com/management/michael-osullivan) , who spoke to investors Thursday (Aug. 28) during the company’s quarterly [earnings call](https://finance.yahoo.com/quote/BURL/earnings/BURL-Q2-2026-earnings_call-351599.html) . He added that the retailer is managing its business cautiously while remaining ready to “chase a stronger trend.” “There are plenty of macroeconomic and other external variables that can have an impact on retail sales: higher unemployment, rising inflation, changes in consumer outlook,” O’Sullivan said. “For the back half of this year, all of those risks are real.” “At a high level, I would say there are many experts and analysts who are predicting the tariffs are going to have a significant and potentially negative effect on the economy,” O’Sullivan added. “Those effects have not really happened yet, and they’re highly, highly unpredictable.” Weather is another potential headwind. Because Burlington was formerly known as Burlington Coat Factory, it is affected by the weather being cold or warm, O’Sullivan said. Today, the off-price retailer sells apparel, footwear, accessories and merchandise for the home. During the quarter ended Aug. 2, Burlington Stores saw year-over-year increases of 10% in total sales and 5% in comparable store sales, according to a Thursday [earnings release](https://www.burlingtoninvestors.com/news-releases/news-release-details/burlington-stores-inc-reports-second-quarter-2025-earnings) . O’Sullivan said during the call that the 10% gain in total sales followed a 13% gain last year. He attributed the gains to the Burlington 2.0 initiatives the company has been pursuing in recent years, adding that these include changes in merchandising and stores and the impact of newly added stores. “These double-digit growth rates demonstrate the power of our business to consistently take market share even in an uncertain retail environment,” O’Sullivan said. PYMNTS reported Aug. 21 that the [off-price retail](https://www.pymnts.com/news/retail/2025/earnings-season-reveals-winners-and-stragglers-across-retails-off-price-arena/) sector’s core customer base of households that live paycheck to paycheck becomes more price sensitive when stressed by inflation, tariffs or stagnant wages. [TJX Cos.](https://www.tjx.com/) , the parent company of [T.J. Maxx](https://tjmaxx.tjx.com/store/index.jsp) , [Marshalls](https://www.marshalls.com/us/store/index.jsp?cid=TJMaxx:ReferringDomains:1:Global_Header_Banner_Desktop:0720) and [HomeGoods](https://www.homegoods.com/) , reported Aug. 20 that it saw an 8% jump in its fiscal second-quarter sales. During an earnings call, the company’s management credited a “robust and broad-based increase in customer traffic. [Ross Stores](https://investors.rossstores.com/investor-overview) , which owns [Ross Dress for Less](https://www.rossstores.com/) and [dd’s Discounts](https://www.ddsdiscounts.com/) , reported Aug. 21 that during the quarter ended Aug. 3, its [total sales](https://investors.rossstores.com/news-releases/news-release-details/ross-stores-reports-second-quarter-earnings-5) increased 5% year over year, while its comparable store sales were up 2%. #### Recommended [![Burlington, earnings, retail](https://www.pymnts.com/wp-content/uploads/2025/03/Burlington-earnings-retail.jpg?w=258)\ \ Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [![Best Buy store](https://www.pymnts.com/wp-content/uploads/2023/11/Best-Buy.jpg?w=258)\ \ Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [![US Department of Commerce, Chainlink, blockchain, economic data](https://www.pymnts.com/wp-content/uploads/2025/08/US-Department-of-Commerce-Chainlink-blockchain-economic-data.jpg?w=258)\ \ Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") [![Dollar Tree store](https://www.pymnts.com/wp-content/uploads/2025/08/Uber-Eats-Dollar-Tree.png?w=258)\ \ Uber Eats Expands Rural Footprint With Dollar Tree Partnership](https://www.pymnts.com/news/retail/2025/uber-eats-expands-rural-footprint-with-dollar-tree-partnership/ "Uber Eats Expands Rural Footprint With Dollar Tree Partnership") See More In: [Burlington Stores](https://www.pymnts.com/tag/burlington-stores/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [Retail](https://www.pymnts.com/tag/retail/) , [What's Hot](https://www.pymnts.com/tag/whats-hot/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # Chainlink, Commerce Department Bring Data to Blockchain Chainlink Partners Commerce Department to Bring Data to Blockchain ================================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/&t=Chainlink+Partners+Commerce+Department+to+Bring+Data+to+Blockchain "Share on Facebook") [](https://twitter.com/share?text=Chainlink+Partners+Commerce+Department+to+Bring+Data+to+Blockchain%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/&title=Chainlink+Partners+Commerce+Department+to+Bring+Data+to+Blockchain&summary=&source= "Share on LinkedIn") [](mailto:?subject=Chainlink%20Partners%20Commerce%20Department%20to%20Bring%20Data%20to%20Blockchain&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/)  |  ![US Department of Commerce, Chainlink, blockchain, economic data](https://www.pymnts.com/wp-content/uploads/2025/08/US-Department-of-Commerce-Chainlink-blockchain-economic-data.jpg?w=768) [Chainlink](https://chain.link/) has teamed with the [U.S. Department of](https://www.usa.gov/agencies/u-s-department-of-commerce) [Commerce](https://www.usa.gov/agencies/u-s-department-of-commerce) to bring government macroeconomic data on-chain. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ The new Chainlink Data Feeds, [announced](https://blog.chain.link/united-states-department-of-commerce-macroeconomic-data/) Wednesday (Aug. 28), aim to securely deliver important information involving key U.S. economic data on-chain, including real gross domestic product (GDP), personal consumption expenditures (PCE) price index and real final sales to private domestic purchasers. “Bringing U.S. government data on-chain unlocks innovative use cases for blockchain markets,” Chainlink said in a news release. Among them are automated trading strategies, increased composability of [tokenized assets](https://www.pymnts.com/cryptocurrency/2025/stock-exchange-group-wants-tokenized-stocks-crackdown/) , issuance of new types of digital assets and decentralized finance (DeFI) protocol risk management based on macroeconomic factors. According to the release, the data is updated monthly or quarterly as applicable, and is rolling out on ten blockchain ecosystems, beginning with the following chains: Arbitrum, Avalanche, Base, Botanix, Ethereum, Linea, Mantle, Optimism, Sonic and ZKsync. Support for other blockchain networks can be incorporated as time goes on based on user demand, Chainlink said. The effort is happening at a time when blockchain technology “is putting on a suit and tie as it tries to woo the staid halls of Fortune 500 businesses,” as PYMNTS [wrote](https://www.pymnts.com/blockchain/2025/explainer-how-blockchain-network-layers-apply-across-cfo-tech-stacks/) earlier this month. “As the sector’s innovative architecture for money movement matures beyond hype cycles and speculative tokens toward cross-border B2B payments and treasury management, a clearer, more operational question now faces the enterprise C-suite.” But how does this new digital financial infrastructure work, and how can enterprise finance leaders employ it for better, faster and cheaper money movement? For finance chiefs and corporate treasurers, the answer rests on the layered structure of blockchain networks. These layers, known in technical terms as Layers 0 through 3, represent different parts of the blockchain stack, from the underlying communication protocols to the interfaces that involve customers and enterprise resource planning (ERP) systems. For example, [Circle](https://circle.so/) recently [introduced Arc](https://www.pymnts.com/earnings/2025/circle-usdc-volume-hits-6-trillion-dollars-race-first-mover-advantage/) , a Layer 1 blockchain designed for institutional-grade stablecoin payments, foreign exchange (FX) and capital markets, while [Nuvei](https://www.nuvei.com/) announced it is [employing stablecoin rails](https://www.pymnts.com/cryptocurrency/2025/nuvei-taps-stablecoins-to-expand-money-movement-operations/) to expand its global money movement capabilities. The same week brought the news that [Stripe](https://stripe.com/) was developing a [new blockchain](https://www.pymnts.com/blockchain/2025/stripe-developing-blockchain-in-tandem-with-vc-firm-paradigm/) in partnership with cryptocurrency-focused venture capital firm Paradigm. “The importance of understanding the taxonomy around these corporate-focused blockchains and their technical layers is becoming a boardroom imperative,” PYMNTS wrote. “Just as traditional finance evolved distinct but interlocking systems for messaging ([SWIFT](https://www.swift.com/) ), settlement ([ACH](https://www.nacha.org/content/abcs-ach) , [Fedwire](https://www.frbservices.org/financial-services/wires) ) and compliance ([anti-money laundering and know your customer](https://www.pymnts.com/aml/2024/new-year-new-aml-and-compliance-approach-for-financial-institutions/) ), blockchain layers map to similarly specialized functions, but with different speed, cost and composability profiles.” #### Recommended [![US Department of Commerce, Chainlink, blockchain, economic data](https://www.pymnts.com/wp-content/uploads/2025/08/US-Department-of-Commerce-Chainlink-blockchain-economic-data.jpg?w=258)\ \ Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") [![Dollar Tree store](https://www.pymnts.com/wp-content/uploads/2025/08/Uber-Eats-Dollar-Tree.png?w=258)\ \ Uber Eats Expands Rural Footprint With Dollar Tree Partnership](https://www.pymnts.com/news/retail/2025/uber-eats-expands-rural-footprint-with-dollar-tree-partnership/ "Uber Eats Expands Rural Footprint With Dollar Tree Partnership") [![TransUnion](https://www.pymnts.com/wp-content/uploads/2023/04/TransUnion.jpg)\ \ TransUnion Data Breach Hits 4.4 Million Customers](https://www.pymnts.com/cybersecurity/2025/transunion-data-breach-hits-4-4-million-customers/ "TransUnion Data Breach Hits 4.4 Million Customers") [![Infosys building](https://www.pymnts.com/wp-content/uploads/2025/08/Infosys-Finacle-Mastercard-Move.png?w=258)\ \ Infosys Finacle Integrates Mastercard Move Into Digital Banking Solution](https://www.pymnts.com/news/digital-banking/2025/infosys-finacle-integrates-mastercard-move-into-digital-banking-solution/ "Infosys Finacle Integrates Mastercard Move Into Digital Banking Solution") See More In: [ChainLink](https://www.pymnts.com/tag/chainlink/) , [Commerce Department](https://www.pymnts.com/tag/commerce-department/) , [economic data](https://www.pymnts.com/tag/economic-data/) , [News](https://www.pymnts.com/tag/news/) , [onchain](https://www.pymnts.com/tag/onchain/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [tokenization](https://www.pymnts.com/tag/tokenization/) , [What's Hot](https://www.pymnts.com/tag/whats-hot/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # Google Cloud and CME Group Pilot Distributed Ledger for Trading Google Cloud and CME Group Pilot Distributed Ledger for Trading =============================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  March 25, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/partnerships/2025/google-cloud-and-cme-group-pilot-distributed-ledger-for-trading/&t=Google+Cloud+and+CME+Group+Pilot+Distributed+Ledger+for+Trading "Share on Facebook") [](https://twitter.com/share?text=Google+Cloud+and+CME+Group+Pilot+Distributed+Ledger+for+Trading%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/partnerships/2025/google-cloud-and-cme-group-pilot-distributed-ledger-for-trading/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/partnerships/2025/google-cloud-and-cme-group-pilot-distributed-ledger-for-trading/&title=Google+Cloud+and+CME+Group+Pilot+Distributed+Ledger+for+Trading&summary=&source= "Share on LinkedIn") [](mailto:?subject=Google%20Cloud%20and%20CME%20Group%20Pilot%20Distributed%20Ledger%20for%20Trading&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/partnerships/2025/google-cloud-and-cme-group-pilot-distributed-ledger-for-trading/)  |  ![Google Cloud, CME Group, DLT, blockchain](https://www.pymnts.com/wp-content/uploads/2025/03/Google-Cloud-CME-Group-DLT-blockchain.jpg?w=768) [Google Cloud](https://cloud.google.com/?hl=en)  and derivatives marketplace [CME Group](https://www.cmegroup.com/) said Tuesday (March 25) that they are piloting solutions for wholesale payments and tokenization of assets. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ CME successfully completed the first phase of integration and testing of Google Cloud’s distributed ledger, Google Cloud Universal Ledger (GCUL), the companies said in a Tuesday [press release](https://www.cmegroup.com/media-room/press-releases/2025/3/25/cme_group_will_introducetokenizationtechnologytoenhancecapitalma.html) . The companies added that they will begin direct testing with market participants later this year and plan to launch new services in 2026. The GCUL distributed ledger is designed to simplify the management of accounts and assets, facilitate transfers on a private and permissioned network, and be easily integrated and used by financial institutions in traditional finance, according to the release. “Google Cloud Universal Ledger has the potential to deliver significant efficiencies for collateral, margin, settlement and fee payments as the world moves toward 24/7 trading,” CME Group Chairman and CEO [Terry Duffy](https://investor.cmegroup.com/board-directors-management/terrence-duffy) said in the release. [Rohit Bhat](https://www.linkedin.com/in/rohit-bhat-0711413) , general manager, financial services at Google Cloud, said in the release that the partnership with CME Group to develop this solution demonstrates how “Google Cloud helps partners transform their businesses through strategic collaborations and modern infrastructure, unlocking significant opportunities for the global financial market.” [Distributed ledger](https://www.pymnts.com/blockchain/2023/dlts-role-in-traditional-finance-may-scale-with-tokenized-loans/) technology has long been promised to upend traditional financial services by disintermediating everything that banks do — from settlements to extending credit to investing to sending and storing money, PYMNTS reported in December 2023. Both the public and private iterations of [blockchain technology](https://www.pymnts.com/blockchain/2025/making-sense-of-public-versus-private-blockchains-for-financial-services/) promise some version of faster, more secure and more transparent transactions, according to the PYMNTS Intelligence and [Solana](https://solana.org/) collaboration, “[Blockchain’s Benefits for Regulated Industries](https://www.pymnts.com/tracker_posts/blockchains-benefits-for-regulated-industries/) .” The report found that as financial institutions tokenize real-world assets, FinTech experiment with programmable payments, and more of consumers’ and businesses’ financial lives move onto the blockchain, the line between public and private chains is set to blur even further. In October, digital payments firm [SKUx](https://skux.io/)  and consumer packaged goods giant [Mondelez](https://www.mondelezinternational.com/) said they wrapped up the first phase of a partnership in which they were working on a payments innovation project in conjunction with open source enterprise [distributed ledger](https://www.pymnts.com/blockchain/2024/skux-and-mondelez-launch-blockchain-centered-payments-partnership/) technology network [Hedera](https://hedera.com/) . The companies said they found that the project was delivering unmatched transparency and demonstrated the potential of blockchain. #### Recommended [![Labubu dolls](https://www.pymnts.com/wp-content/uploads/2025/08/Labubu-mania-Weekender.jpg?w=258)\ \ Labubu Mania: From Bridal Boutiques to Blockchain](https://www.pymnts.com/news/retail/2025/labubu-mania-from-bridal-boutiques-to-blockchain/ "Labubu Mania: From Bridal Boutiques to Blockchain") [![OpenAI, ChatGPT, mobile apps](https://www.pymnts.com/wp-content/uploads/2025/08/OpenAI-ChatGPT-mobile-apps.jpg?w=258)\ \ ChatGPT Mobile App Revenue Increases Sixfold Since 2024](https://www.pymnts.com/artificial-intelligence-2/2025/chatgpt-mobile-app-revenue-increases-sixfold-since-2024/ "ChatGPT Mobile App Revenue Increases Sixfold Since 2024") [![Routable](https://www.pymnts.com/wp-content/uploads/2025/08/Routable.png?w=258)\ \ Routable Adds FedNow Instant Payments to Accounts Payable Automation Platform](https://www.pymnts.com/real-time-payments/2025/routable-adds-fednow-instant-payments-accounts-payable-automation-platform/ "Routable Adds FedNow Instant Payments to Accounts Payable Automation Platform") [![Via Bets on Connected Transit as It Heads to IPO](https://www.pymnts.com/wp-content/uploads/2025/08/Via-Transporation-IPO-connected-economy.jpeg?w=258)\ \ Via Bets on Connected Transit as It Heads to IPO](https://www.pymnts.com/news/ipo/2025/via-transportation-connected-transit-initial-public-offering/ "Via Bets on Connected Transit as It Heads to IPO") See More In: [Blockchain](https://www.pymnts.com/tag/blockchain/) , [CME Group](https://www.pymnts.com/tag/cme-group/) , [digital assets](https://www.pymnts.com/tag/digital-assets/) , [digital transformation](https://www.pymnts.com/tag/digital-transformation/) , [distributed ledger technology](https://www.pymnts.com/tag/distributed-ledger-technology/) , [distributed ledgers](https://www.pymnts.com/tag/distributed-ledgers/) , [dlt](https://www.pymnts.com/tag/dlt/) , [Google](https://www.pymnts.com/tag/google/) , [Google cloud](https://www.pymnts.com/tag/google-cloud/) , [News](https://www.pymnts.com/tag/news/) , [partnerships](https://www.pymnts.com/tag/partnerships/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [tokenization](https://www.pymnts.com/tag/tokenization/) , [What's Hot](https://www.pymnts.com/tag/whats-hot/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # Best Buy Sees Slight Sales Increase as Tariff Woes Persist Best Buy Sees Slight Sales Increase as Tariff Woes Persist ========================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/&t=Best+Buy+Sees+Slight+Sales+Increase+as+Tariff+Woes+Persist "Share on Facebook") [](https://twitter.com/share?text=Best+Buy+Sees+Slight+Sales+Increase+as+Tariff+Woes+Persist%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/&title=Best+Buy+Sees+Slight+Sales+Increase+as+Tariff+Woes+Persist&summary=&source= "Share on LinkedIn") [](mailto:?subject=Best%20Buy%20Sees%20Slight%20Sales%20Increase%20as%20Tariff%20Woes%20Persist&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/)  |  ![Best Buy store](https://www.pymnts.com/wp-content/uploads/2023/11/Best-Buy.jpg?w=768) [Best Buy](https://www.bestbuy.com/)  saw quarterly sales creep up as consumers increased their tech spending. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ The electronics retailer [released second-quarter earnings](https://s204.q4cdn.com/864376893/files/doc_earnings/2026/q2/earnings-result/Best-Buy-Reports-Fiscal-Second-Quarter-2026-Results.pdf)  Thursday (Aug. 28) that showed sales growth of 1.6%, the highest rate in three years. Sales were driven purchases in several product categories, including computing, mobile phones, wearables, headphones and gaming, thanks to the release of Nintendo’s Switch 2. However, management said Best Buy would maintain its outlook for the coming year due to ongoing uncertainty around tariffs. “Given the uncertainty of potential tariff impacts in the back half, both on [consumers overall](https://www.pymnts.com/economy/2025/tariffs-spur-stockouts-22percent-grocery-shoppers/)  as well as our business, we feel it is prudent to maintain the annual guidance we provided last quarter,” CEO [Corie Barry](https://corporate.bestbuy.com/our-leadership/corie-barry/)  said during an earnings call. Best Buy in May had forecast yearly revenue of [$41.1 billion to $41.9 billion](https://www.pymnts.com/earnings/2025/best-buy-predicts-dip-in-sales-amid-incredibly-fluid-tariff-outlook/) , below past guidance of $41.4 billion to $42.2 billion, and maintained those figures again Thursday. Chief Financial Officer [Matt Bilunas](https://corporate.bestbuy.com/our-leadership/matt-bilunas/)  told analysts that the guidance takes into account projections that some consumers could hesitate to make purchases in the third quarter. “So you oftentimes see a slowdown in business a little bit in October as people are waiting for those holiday deals to come,” he said. “So our guidance would reflect the fact that we’re starting the quarter strong, feel good about the momentum, but also recognize that sometimes there is a little bit of a slowdown as you head into the deeper holiday season.” The earnings call came amid the busy back-to-school shopping season, a critical time for Best Buy. Barry said the retailer had enjoyed “a strong customer response” to its sales events during the season. As PYMNTS wrote recently, back-to-school spending is at [record levels](https://www.pymnts.com/news/retail/2025/10-fun-slightly-bizarre-facts-about-back-to-school-shopping/) , with parents spending more than $1,200 per household and turning to financing to cover expenses. Best Buy’s earnings came the same day the [Bureau of Economic Analysis](https://www.bea.gov/)  published its second estimate for the second quarter of the year’s GDP, which grew 3.3% thanks to an uptick in consumer spending. “There are indications, gleaned from earnings season, that the [momentum may continue](https://www.pymnts.com/consumer-insights/2025/consumer-spending-helps-lift-q2-gdp-past-initial-estimates/) , although spending may be allocated toward low-priced merchants amid promotional activity,” PYMNTS wrote, again pointing to the record back-to-school spending. Those patterns suggest “that items such as backpacks and dorm room essentials are non-negotiable for many families,” the report added, which in turns “signals an intent to spend that could last through August and into the fall.” #### Recommended [![Best Buy store](https://www.pymnts.com/wp-content/uploads/2023/11/Best-Buy.jpg?w=258)\ \ Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [![US Department of Commerce, Chainlink, blockchain, economic data](https://www.pymnts.com/wp-content/uploads/2025/08/US-Department-of-Commerce-Chainlink-blockchain-economic-data.jpg?w=258)\ \ Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") [![Dollar Tree store](https://www.pymnts.com/wp-content/uploads/2025/08/Uber-Eats-Dollar-Tree.png?w=258)\ \ Uber Eats Expands Rural Footprint With Dollar Tree Partnership](https://www.pymnts.com/news/retail/2025/uber-eats-expands-rural-footprint-with-dollar-tree-partnership/ "Uber Eats Expands Rural Footprint With Dollar Tree Partnership") [![TransUnion](https://www.pymnts.com/wp-content/uploads/2023/04/TransUnion.jpg)\ \ TransUnion Data Breach Hits 4.4 Million Customers](https://www.pymnts.com/cybersecurity/2025/transunion-data-breach-hits-4-4-million-customers/ "TransUnion Data Breach Hits 4.4 Million Customers") See More In: [Best Buy](https://www.pymnts.com/tag/best-buy/) , [Consumer Spending](https://www.pymnts.com/tag/consumer-spending/) , [Earnings](https://www.pymnts.com/tag/earnings/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [Retail](https://www.pymnts.com/tag/retail/) , [tariffs](https://www.pymnts.com/tag/tariffs/) , [What's Hot](https://www.pymnts.com/tag/whats-hot/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # Dick’s Sporting Goods Sees ‘No Slowdown’ in Consumer Spending Dick’s Sporting Goods CEO Sees ‘No Slowdown’ With Consumer Spending =================================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/earnings/2025/dicks-sporting-goods-ceo-sees-no-slowdown-with-consumer-spending/&t=Dick%E2%80%99s+Sporting+Goods+CEO+Sees+%E2%80%98No+Slowdown%E2%80%99+With+Consumer+Spending "Share on Facebook") [](https://twitter.com/share?text=Dick%E2%80%99s+Sporting+Goods+CEO+Sees+%E2%80%98No+Slowdown%E2%80%99+With+Consumer+Spending%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/earnings/2025/dicks-sporting-goods-ceo-sees-no-slowdown-with-consumer-spending/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/earnings/2025/dicks-sporting-goods-ceo-sees-no-slowdown-with-consumer-spending/&title=Dick%E2%80%99s+Sporting+Goods+CEO+Sees+%E2%80%98No+Slowdown%E2%80%99+With+Consumer+Spending&summary=&source= "Share on LinkedIn") [](mailto:?subject=Dick%E2%80%99s%20Sporting%20Goods%20CEO%20Sees%20%E2%80%98No%20Slowdown%E2%80%99%20With%20Consumer%20Spending&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/earnings/2025/dicks-sporting-goods-ceo-sees-no-slowdown-with-consumer-spending/)  |  ![Dick’s Sporting Goods](https://www.pymnts.com/wp-content/uploads/2023/02/Dicks-Sporting-Goods.jpg?w=768) Highlights Dick’s Sporting Goods saw a 5% sales increase to $3.7 billion, with comparable sales up 5% driven by both higher transaction volumes and larger ticket sizes. Consumers are spending across all income demographics, with no evidence of trade-down behavior, and growth was broad-based across all segments, per management commentary. Online shopping and engagement remains a key driver, with GameChanger app users rising 16% to 7.4 million and eCommerce sales showing momentum. [Dick’s Sporting Goods](https://investors.dicks.com/investors/default.aspx) reported stronger-than-expected results for its second quarter, providing additional evidence in the surge of retailers’ latest reports that consumers are willing to spend in-store, and especially online. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ Despite the 5% gain in overall sales, to $3.7 billion, and the 5% comparable sales growth that management said was tied to ticket and transaction gains, investors sent the shares 4% lower on Thursday (Aug. 28) after [results](https://investors.dicks.com/news/news-details/2025/DICKS-Sporting-Goods-Reports-Second-Quarter-Results-Raises-2025-Outlook-A/default.aspx) were disclosed. During the conference call with analysts, CEO [Lauren Hobart](https://www.linkedin.com/in/lauren-hobart-0656893/) said that comparable sales moving forward would be in the 2% to 3.5% range, where that range had been 1% to 3%. “We are not seeing any signs of slowdown with the consumer. In fact, one of the most exciting things about the quarter that we just delivered is the broad based nature of the growth that we saw. We saw growth across all of our key segments.” Later in the call she stated that “our consumer across the board is doing well, and you see that in the fact that we’re not seeing trade downs … We’re seeing growth across all income demographics. We have products for absolutely every consumer, and that’s taking us into \[growth in\] the back half.” **eCommerce Growth** -------------------- Management noted particular strength in online sales. The company’s GameChanger platform has grown and the subscription based app has seen 16% boost in monthly active users to 7.4 million unique users. “During Q2 more athletes purchased from us, they purchased more frequently and they spent more each trip compared to the same period last year,” Hobart told analysts, adding that “our multibillion dollar highly profitable e commerce business is standing out as a growth driver, once again growing faster this quarter than the company overall. Our app has been instrumental in creating a strong launch culture across key categories, driving energy and sell through.” Chief Financial Officer [Navdeep Gupta](https://www.linkedin.com/in/navdeep-gupta-a931a31/) said that the 5% comps reflect an environment where “we continue to gain market share from online only and from omni channel retailers … these strong comps were driven by a 4.1% increase in average ticket and a 0.9% increase in transactions.” Private label brands, which have higher margin, were strong in the most recent quarter, too, per commentary on the call. **Expanding the Brick-and-Mortar Footprint** -------------------------------------------- As for the retailer’s brick-and-mortar presence, the CEO said that during the past quarter the firm has opened one additional House of Sport location and in Q3 expects to open 13 more. “We continue to expect to open approximately 16 total House of Sport locations this year, which will bring our year end total to approximately 35,” she said. During the question-and-answer session with analysts, management was asked about acquisition of Foot Locker, which reported relatively weaker results. “We plan to invest in stores. We plan to invest in marketing, and we know that there are opportunities from a core merchandising standpoint,” Hobart said, adding that “we’re excited about apparel opportunities and also bringing in a new assortment of products.” The [acquisition](https://www.pymnts.com/acquisitions/2025/foot-locker-shareholders-approve-acquisition-by-dicks-sporting-goods/) remains on track to close early next month, she said. “As Foot Locker becomes part of the Dick’s family, we are an even more important brand to our wholesale partners,” Hobart said. “Footwear is the engine that pulls the train. We always have said the outfit starts with the footwear. Footwear is key for performance. It’s key for sport lifestyle,” she told analysts. “We’re serving different consumers, both at Dick’s and at the Foot Locker banners, and we are going to be delivering them what they need in a category that we think is fairly important both short term and long term.” #### Recommended [![Dick’s Sporting Goods](https://www.pymnts.com/wp-content/uploads/2023/02/Dicks-Sporting-Goods.jpg)\ \ Dick’s Sporting Goods CEO Sees ‘No Slowdown’ With Consumer Spending](https://www.pymnts.com/earnings/2025/dicks-sporting-goods-ceo-sees-no-slowdown-with-consumer-spending/ "Dick’s Sporting Goods CEO Sees ‘No Slowdown’ With Consumer Spending") [![Taco Bell](https://www.pymnts.com/wp-content/uploads/2022/09/Taco-Bell.jpg)\ \ Taco Bell Reconsiders Voice AI After Seeing Mixed Results](https://www.pymnts.com/artificial-intelligence-2/2025/taco-bell-reconsiders-voice-ai-after-seeing-mixed-results/ "Taco Bell Reconsiders Voice AI After Seeing Mixed Results") [![](https://www.pymnts.com/wp-content/uploads/2024/05/Instacart.jpg?w=258)\ \ Instacart Offers Indie Grocers eCommerce Tools With MDI Partnership](https://www.pymnts.com/news/ecommerce/2025/instacart-offers-indie-grocers-ecommerce-tools-with-mdi-partnership/ "Instacart Offers Indie Grocers eCommerce Tools With MDI Partnership") [![Walgreens](https://www.pymnts.com/wp-content/uploads/2022/06/Walgreens.jpg)\ \ Sycamore Completes Acquisition of Walgreens Boots Alliance, Forms 5 Companies](https://www.pymnts.com/acquisitions/2025/sycamore-completes-acquisition-walgreens-boots-alliance-forms-five-companies/ "Sycamore Completes Acquisition of Walgreens Boots Alliance, Forms 5 Companies") See More In: [Consumer Spending](https://www.pymnts.com/tag/consumer-spending/) , [Dick's Sporting Goods](https://www.pymnts.com/tag/dicks-sporting-goods/) , [Earnings](https://www.pymnts.com/tag/earnings/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [Retail](https://www.pymnts.com/tag/retail/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # Grubhub to Settle Class Action Lawsuit Alleging False Advertising Grubhub to Settle Class Action Lawsuit Alleging False Advertising ================================================================= By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/legal/2025/grubhub-to-settle-class-action-lawsuit-alleging-false-advertising/&t=Grubhub+to+Settle+Class+Action+Lawsuit+Alleging+False+Advertising "Share on Facebook") [](https://twitter.com/share?text=Grubhub+to+Settle+Class+Action+Lawsuit+Alleging+False+Advertising%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/legal/2025/grubhub-to-settle-class-action-lawsuit-alleging-false-advertising/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/legal/2025/grubhub-to-settle-class-action-lawsuit-alleging-false-advertising/&title=Grubhub+to+Settle+Class+Action+Lawsuit+Alleging+False+Advertising&summary=&source= "Share on LinkedIn") [](mailto:?subject=Grubhub%20to%20Settle%20Class%20Action%20Lawsuit%20Alleging%20False%20Advertising&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/legal/2025/grubhub-to-settle-class-action-lawsuit-alleging-false-advertising/)  |  ![Grubhub](https://www.pymnts.com/wp-content/uploads/2022/07/Grubhub.jpg?w=768) [Grubhub](https://www.grubhub.com/) has agreed to a preliminary settlement in which it will pay $7.1 million to restaurants that alleged the company harmed their reputations by falsely advertising that they had partnered with the online food delivery platform. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ The plaintiffs’ lawyers in the class action lawsuit filed the preliminary settlement Tuesday (Aug. 26), and it now awaits a judge’s approval, Reuters [reported](https://www.reuters.com/legal/government/grubhub-agrees-pay-restaurants-7-million-false-advertising-case-2025-08-27/) Wednesday (Aug. 27). The class action lawsuit includes a settlement class of about 387,000 restaurants and alleged that by including them on its online platforms without contracts or their consent, Grubhub confused consumers and caused a loss of sale for the restaurants, according to the release. Reached by PYMNTS, a Grubhub spokesperson said in an email that the company had stopped listing restaurants that had not partnered with the company. “While the practices alleged in this case have not been part of our business model for some time, we’re pleased to settle this case so we can move forward and continue providing excellent value to the over 415,000 merchants who choose to partner with us every day,” the spokesperson said. In another, separate case, Grubhub agreed in December to pay $25 million and make several changes to its operations to settle charges that it violated consumer protection and [competition laws](https://www.pymnts.com/news/regulation/2024/grubhub-to-settle-charges-of-consumer-protection-and-competition-violations/) . In that case, the [Federal Trade Commission](https://www.ftc.gov/) and the [Illinois attorney general](https://www.illinoisattorneygeneral.gov/) alleged that Grubhub deceived diners about delivery costs, blocked their access to their accounts and funds, deceived workers about how much money they would make delivering foods, and listed restaurants on its platform without their permission. “Today’s action holds Grubhub to account, putting an end to these illegal practices and securing nearly $25 million for the people cheated by Grubhub’s tactics,” [Lina M. Khan](https://www.ftc.gov/about-ftc/commissioners-staff/lina-m-khan) , who was chair of the FTC at the time, said in a Dec. 17 press release. “There is no ‘gig platform’ exemption to the laws on the books.” Grubhub said at the time in a press release that it cooperated with the FTC during the review of its business and that it would make changes to its platform. “While we categorically deny the allegations made by the FTC, many of which are wrong, misleading or no longer applicable to our business, we believe settling this matter is in the best interest of Grubhub and allows us to move forward,” the company said in the release. #### Recommended [![Grubhub](https://www.pymnts.com/wp-content/uploads/2022/07/Grubhub.jpg)\ \ Grubhub to Settle Class Action Lawsuit Alleging False Advertising](https://www.pymnts.com/legal/2025/grubhub-to-settle-class-action-lawsuit-alleging-false-advertising/ "Grubhub to Settle Class Action Lawsuit Alleging False Advertising") [![](https://www.pymnts.com/wp-content/uploads/2023/03/Dollar-General-earnings.jpg)\ \ Dollar General Bets Big on Stores With Nearly 4,900 Projects in 2025](https://www.pymnts.com/earnings/2025/dollar-general-bets-big-stores-with-nearly-4900-projects/ "Dollar General Bets Big on Stores With Nearly 4,900 Projects in 2025") [![stablecoins](https://www.pymnts.com/wp-content/uploads/2022/06/stablecoins-2.jpg)\ \ M0 Raises $40 Million for Stablecoin Infrastructure Platform](https://www.pymnts.com/cryptocurrency/2025/m0-raises-40-million-for-stablecoin-infrastructure-platform/ "M0 Raises $40 Million for Stablecoin Infrastructure Platform") [![tech unicorn concept](https://www.pymnts.com/wp-content/uploads/2025/08/Europe-unicorn-startups.png?w=258)\ \ Europe Produces 12 ‘Unicorn’ Startups Thus Far in 2025](https://www.pymnts.com/startups/2025/europe-produces-12-unicorn-startups-thus-far-in-2025/ "Europe Produces 12 ‘Unicorn’ Startups Thus Far in 2025") See More In: [grubhub](https://www.pymnts.com/tag/grubhub/) , [Lawsuits](https://www.pymnts.com/tag/lawsuits/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [Restaurants](https://www.pymnts.com/tag/restaurants/) , [What's Hot](https://www.pymnts.com/tag/whats-hot/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # Google-Backed Attio Raises $52 Million for AI-Native CRM Platform Google Ventures-Backed Attio Raises $52 Million for AI-Native CRM Platform ========================================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/news/investment-tracker/2025/google-ventures-backed-attio-raises-52-million-dollars-ai-native-crm-platform/&t=Google+Ventures-Backed+Attio+Raises+%2452+Million+for+AI-Native+CRM+Platform "Share on Facebook") [](https://twitter.com/share?text=Google+Ventures-Backed+Attio+Raises+%2452+Million+for+AI-Native+CRM+Platform%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/news/investment-tracker/2025/google-ventures-backed-attio-raises-52-million-dollars-ai-native-crm-platform/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/news/investment-tracker/2025/google-ventures-backed-attio-raises-52-million-dollars-ai-native-crm-platform/&title=Google+Ventures-Backed+Attio+Raises+%2452+Million+for+AI-Native+CRM+Platform&summary=&source= "Share on LinkedIn") [](mailto:?subject=Google%20Ventures-Backed%20Attio%20Raises%20$52%20Million%20for%20AI-Native%20CRM%20Platform&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/news/investment-tracker/2025/google-ventures-backed-attio-raises-52-million-dollars-ai-native-crm-platform/)  |  ![Attio](https://www.pymnts.com/wp-content/uploads/2025/08/Attio.png?w=768) [Attio](https://attio.com/) raised $52 million in a Series B funding round to accelerate its development of an artificial intelligence-native customer relationship management (CRM) platform. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ The company will use the new funding to “invest heavily” in research and development (R&D) and to “double-down” on reaching go-to-market (GTM) builders, according to a Tuesday (Aug. 26) [press release](https://www.prnewswire.com/news-releases/attio-raises-52m-series-b-to-scale-the-first-ai-native-crm-for-go-to-market-builders-302538357.html) . Attio was launched two years ago and has 5,000 paying customers, according to the release. The AI-native construction of its CRM platform enables teams to build GTM systems that fit how they work, as it has complete customer context, is adaptable and can be shaped by its users, the release said. Customers use the platform to unify real-time data from across their GTM stack, automate complex processes, and build and launch apps and features, per the release. “CRM is one of the most important categories in B2B, but it’s been stuck in the past,” Attio CEO and co-founder [Nicolas Sharp](https://uk.linkedin.com/in/nicolas-sharp-a92726b1) said in the release. “AI-native CRM needs a completely different foundation — one that allows you to truly understand every customer, take action fast, and gives you the freedom to build the exact go-to-market systems you need at scale.” [Michael McBride](https://www.linkedin.com/in/mikemcb) , general partner at [GV](https://www.gv.com/) (Google Ventures), which led the funding round, said in the release that CRM is one of the largest software markets and has not seen a major platform shift in 25 years. “For decades, innovation in go-to-market software was incremental and fragmented across countless point solutions,” McBride said. “With the ability to build, automate and extend directly in the platform, Attio is the foundation for go-to-market for the AI era.” Attio announced its $23.5 million Series A [funding round](https://www.prnewswire.com/news-releases/attio-raises-23-5-million-series-a-to-usher-in-a-new-era-of-crm-that-combines-modern-data-architecture-with-a-cutting-edge-user-experience-301760342.html) in March 2023, at which time the company had made its CRM publicly available and had more than 2,000 customers in over 100 countries. In another move in the space, [ServiceNow](https://www.servicenow.com/) said in April that it acquired [Logik.ai](https://www.logik.io/) to bolster its [CRM](https://www.pymnts.com/acquisitions/2025/servicenow-acquires-logik-ai-to-bolster-crm-offerings/) offerings with the help of Logik.ai’s configure, price, quote (CPQ) solution. In December, [HubSpot](https://www.hubspot.com/?hubs_content=www.hubspot.com/hp-2&hubs_content-cta=HubSpot&__hstc=84675078.b06260451f544e80727d7b60f5250c9d.1722605007387.1756394197434.1756396715776.1981&__hssc=84675078.2.1756396715776&__hsfp=1774233285) said it signed an agreement to acquire [Frame AI](https://frame.ai/) and aimed to help [go-to-market](https://www.pymnts.com/acquisitions/2024/hubspot-to-add-ai-powered-conversational-intelligence-with-frame-ai-acquisition/) teams “transform conversations into actionable intelligence.” _For all PYMNTS B2B and AI coverage, subscribe to the daily_ [_B2B and AI Newsletters_](https://pymnts.com/subscribe/) _._ #### Recommended [![Attio](https://www.pymnts.com/wp-content/uploads/2025/08/Attio.png?w=258)\ \ Google Ventures-Backed Attio Raises $52 Million for AI-Native CRM Platform](https://www.pymnts.com/news/investment-tracker/2025/google-ventures-backed-attio-raises-52-million-dollars-ai-native-crm-platform/ "Google Ventures-Backed Attio Raises $52 Million for AI-Native CRM Platform") [![](https://www.pymnts.com/wp-content/uploads/2024/10/GDP-economy.jpg?w=258)\ \ Consumer Spending Helps Lift Q2 GDP Past Initial Estimates](https://www.pymnts.com/consumer-insights/2025/consumer-spending-helps-lift-q2-gdp-past-initial-estimates/ "Consumer Spending Helps Lift Q2 GDP Past Initial Estimates") [![Grubhub](https://www.pymnts.com/wp-content/uploads/2022/07/Grubhub.jpg)\ \ Grubhub to Settle Class Action Lawsuit Alleging False Advertising](https://www.pymnts.com/legal/2025/grubhub-to-settle-class-action-lawsuit-alleging-false-advertising/ "Grubhub to Settle Class Action Lawsuit Alleging False Advertising") [![](https://www.pymnts.com/wp-content/uploads/2023/03/Dollar-General-earnings.jpg)\ \ Dollar General Bets Big on Stores With Nearly 4,900 Projects in 2025](https://www.pymnts.com/earnings/2025/dollar-general-bets-big-stores-with-nearly-4900-projects/ "Dollar General Bets Big on Stores With Nearly 4,900 Projects in 2025") See More In: [artificial intelligence](https://www.pymnts.com/tag/artificial-intelligence/) , [Attio](https://www.pymnts.com/tag/attio/) , [B2B](https://www.pymnts.com/tag/b2b/) , [B2B Payments](https://www.pymnts.com/tag/b2b-payments/) , [funding](https://www.pymnts.com/tag/funding/) , [Investments](https://www.pymnts.com/tag/investments/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [What's Hot](https://www.pymnts.com/tag/whats-hot/) , [What's Hot In B2B](https://www.pymnts.com/tag/whats-hot-in-b2b/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # Consumer Spending Helps Lift Q2 GDP Past Initial Estimates Consumer Spending Helps Lift Q2 GDP Past Initial Estimates ========================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/consumer-insights/2025/consumer-spending-helps-lift-q2-gdp-past-initial-estimates/&t=Consumer+Spending+Helps+Lift+Q2+GDP+Past+Initial+Estimates "Share on Facebook") [](https://twitter.com/share?text=Consumer+Spending+Helps+Lift+Q2+GDP+Past+Initial+Estimates%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/consumer-insights/2025/consumer-spending-helps-lift-q2-gdp-past-initial-estimates/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/consumer-insights/2025/consumer-spending-helps-lift-q2-gdp-past-initial-estimates/&title=Consumer+Spending+Helps+Lift+Q2+GDP+Past+Initial+Estimates&summary=&source= "Share on LinkedIn") [](mailto:?subject=Consumer%20Spending%20Helps%20Lift%20Q2%20GDP%20Past%20Initial%20Estimates&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/consumer-insights/2025/consumer-spending-helps-lift-q2-gdp-past-initial-estimates/)  |  ![](https://www.pymnts.com/wp-content/uploads/2024/10/GDP-economy.jpg?w=768) Highlights Consumer spending was a key driver pushing U.S. GDP growth to 3.3% in the second quarter, with the increase outpacing initial estimates. Spending increases were broad-based, with strength in categories like pharmaceuticals, healthcare, food services and accommodations, indicating heightened consumer confidence and activity. Amid tariffs and rising prices, many households are shifting to lower-priced brands and merchants, suggesting that while consumer spending remains resilient, value-conscious behavior is growing. Consumer spending, the main engine that drives the U.S. economy, continues to lay a solid foundation for growth. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ The [Bureau of Economic Analysis](https://www.bea.gov/) published Thursday (Aug. 28) its second estimate for the second quarter of the year’s [GDP](https://www.bea.gov/news/2025/gross-domestic-product-2nd-quarter-2025-second-estimate-and-corporate-profits-preliminary) . The headline number indicated that real GDP grew 3.3% in the second quarter, 0.3% higher than what was reported in the advanced estimate, rebounding from the 0.5% loss reported in the first quarter of the year. The increase in real GDP can be explained by a decrease in imports, but also by an increase in consumer spending. These movements were partially offset by decreases in investments and exports. Real final sales to private domestic purchasers, which combine consumer spending and private fixed investment, grew 1.9% in the second quarter, an upward revision of 0.7 percentage points from the previous estimate. The price index for gross domestic purchases rose 1.8% during the quarter, slightly lower than the earlier estimate. The personal consumption expenditures (PCE) price index increased 2%, so the read-across is that spending outpaced inflation. The momentum was observed in goods, with pharmaceutical products leading the rise, and services, where healthcare, food services and accommodations saw gains. This broad-based increase in personal consumption expenditures signaled heightened consumer confidence and activity, which had a multiplier effect throughout the economy. Excluding food and energy, the core PCE price index increased 2.5%, unchanged from the earlier figure. Real gross domestic income (GDI) grew 4.8% in the second quarter, following only 0.2% growth in the first quarter. The average of real GDP and real GDI expanded 4%, compared with a 0.1% decline in the previous quarter. **Momentum for the Third Quarter?** ----------------------------------- There are indications, gleaned from earnings season, that the momentum may continue, although spending may be allocated toward low-priced merchants amid promotional activity. That is especially true of the third quarter, which stretches into the end of next month. [Back-to-school](https://www.pymnts.com/news/retail/2025/10-fun-slightly-bizarre-facts-about-back-to-school-shopping/) spending is at a record high, with parents shelling out over $1,200 per household, suggesting that items such as backpacks and dorm room essentials are non-negotiable for many families. That signals an intent to spend that could last through August and into the fall. A May PYMNTS Intelligence report, “[Shoppers Pull Back as Half of US Consumers Expect Tariffs to Raise Prices at Double the Rate of Inflation](https://www.pymnts.com/study_posts/shoppers-pull-back-as-half-of-us-consumers-expect-tariffs-to-raise-prices-at-double-the-rate-of-inflation/) ,” indicated that, as tariffs became a reality, nearly a third of consumers switched to less expensive brands. [Walmart](https://www.walmart.com/) , which acts as a bellwether for consumer spending, said during an [earnings](https://www.pymnts.com/walmart/2025/grocery-helps-walmart-us-ecommerce-sales-surge-26percent/) report this month that it has seen some resilience in household purchases as consumers seek value. CEO [Doug McMillon](https://www.linkedin.com/in/dougmcmillon/) told analysts on an earnings call that spending by U.S. consumers has “been generally consistent. We aren’t seeing dramatic shifts. The way things have played out so far, the impact of tariffs has been gradual enough that any behavioral adjustments by the customer have been somewhat muted… Not surprisingly, we see more adjustments in middle- and lower-income households than we do with higher-income households.” He also said that “in discretionary categories where item prices have gone up, we see a corresponding moderation in units at the item level as customers switch to other items or, in some cases, categories.” #### Recommended [![](https://www.pymnts.com/wp-content/uploads/2024/10/GDP-economy.jpg?w=258)\ \ Consumer Spending Helps Lift Q2 GDP Past Initial Estimates](https://www.pymnts.com/consumer-insights/2025/consumer-spending-helps-lift-q2-gdp-past-initial-estimates/ "Consumer Spending Helps Lift Q2 GDP Past Initial Estimates") [![Grubhub](https://www.pymnts.com/wp-content/uploads/2022/07/Grubhub.jpg)\ \ Grubhub to Settle Class Action Lawsuit Alleging False Advertising](https://www.pymnts.com/legal/2025/grubhub-to-settle-class-action-lawsuit-alleging-false-advertising/ "Grubhub to Settle Class Action Lawsuit Alleging False Advertising") [![](https://www.pymnts.com/wp-content/uploads/2023/03/Dollar-General-earnings.jpg)\ \ Dollar General Bets Big on Stores With Nearly 4,900 Projects in 2025](https://www.pymnts.com/earnings/2025/dollar-general-bets-big-stores-with-nearly-4900-projects/ "Dollar General Bets Big on Stores With Nearly 4,900 Projects in 2025") [![stablecoins](https://www.pymnts.com/wp-content/uploads/2022/06/stablecoins-2.jpg)\ \ M0 Raises $40 Million for Stablecoin Infrastructure Platform](https://www.pymnts.com/cryptocurrency/2025/m0-raises-40-million-for-stablecoin-infrastructure-platform/ "M0 Raises $40 Million for Stablecoin Infrastructure Platform") See More In: [Consumer Spending](https://www.pymnts.com/tag/consumer-spending/) , [economy](https://www.pymnts.com/tag/economy/) , [inflation](https://www.pymnts.com/tag/inflation/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [tariffs](https://www.pymnts.com/tag/tariffs/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # Infosys Finacle Integrates Mastercard Move Into Banking Solution Infosys Finacle Integrates Mastercard Move Into Digital Banking Solution ======================================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/news/digital-banking/2025/infosys-finacle-integrates-mastercard-move-into-digital-banking-solution/&t=Infosys+Finacle+Integrates+Mastercard+Move+Into+Digital+Banking+Solution "Share on Facebook") [](https://twitter.com/share?text=Infosys+Finacle+Integrates+Mastercard+Move+Into+Digital+Banking+Solution%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/news/digital-banking/2025/infosys-finacle-integrates-mastercard-move-into-digital-banking-solution/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/news/digital-banking/2025/infosys-finacle-integrates-mastercard-move-into-digital-banking-solution/&title=Infosys+Finacle+Integrates+Mastercard+Move+Into+Digital+Banking+Solution&summary=&source= "Share on LinkedIn") [](mailto:?subject=Infosys%20Finacle%20Integrates%20Mastercard%20Move%20Into%20Digital%20Banking%20Solution&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/news/digital-banking/2025/infosys-finacle-integrates-mastercard-move-into-digital-banking-solution/)  |  ![Infosys building](https://www.pymnts.com/wp-content/uploads/2025/08/Infosys-Finacle-Mastercard-Move.png?w=768) Digital banking solution provider [Infosys Finacle](https://www.finacle.com/about-us/) has integrated the [Mastercard Move](https://www.mastercard.com/us/en/business/payments/mastercard-move.html) portfolio of money movement capabilities. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ This collaboration will offer financial institutions streamlined onboarding and enhanced access to Mastercard Move and its cross-border payments capabilities, [Infosys](https://www.infosys.com/) and [Mastercard](https://www.mastercard.com/us/en.html) said in a Thursday (Aug. 28) [press release](https://www.prnewswire.com/news-releases/mastercard-and-infosys-collaborate-to-scale-cross-border-payments-302541151.html) . With the new integration, financial institutions will be able to gain access to these cross-border capabilities with a “fraction” of the time and resources usually required for integration projects, the release said. Mastercard Move’s money transfer solutions are fast and secure, both domestically and internationally, and reach more than 200 countries and 150 currencies, per the release. “This engagement with Mastercard Move brings together the agility of our composable banking platform with Mastercard’s unmatched global money movement capabilities — empowering banks to deliver fast and secure cross-border experiences for every customer segment,” Infosys Finacle CEO [Sajit Vijayakumar](https://in.linkedin.com/in/sajit-vijayakumar-695600) said in the release. [Pratik Khowala](https://www.linkedin.com/in/pratik-khowala-84860a14) , executive vice president and global head of transfer solutions at Mastercard, said in the release that this partnership will help financial institutions “deliver the seamless digital payments experiences today’s customers expect.” “The strategic collaboration with Infosys provides financial institutions with easy access to these capabilities, enabling them to facilitate fast, secure and reliable cross-border payments for their customers while enhancing control of risk, operations, costs and liquidity for themselves,” Khowala said. Mastercard reported in May that Mastercard Move had seen transaction growth of 35%, driven by payment use cases like [disbursements](https://www.pymnts.com/earnings/2025/mastercard-move-transactions-grow-35percent-ceo-says-consumer-spending-solid/) and payouts in the gig economy space. Chief Financial Officer [Sachin Mehra](https://www.linkedin.com/in/sachin-mehra-8a88775) said at the time during an earnings call that cross-border volumes were up 15%, “in line with expectations and reflecting continued growth in both travel- and non-travel-related cross-border spending.” In another, separate partnership, Mastercard announced in April that [MoneyGram](https://corporate.moneygram.com/) implemented Mastercard Move to facilitate digital [money movement](https://www.pymnts.com/news/cross-border-commerce/cross-border-payments/2025/moneygram-implements-mastercard-move-to-facilitate-digital-money-movement/) domestically and across borders. At the time, that integration allowed MoneyGram customers to use any U.S.-issued Mastercard card to send funds to 38 eligible receiving markets and receive money through nearly 10 billion additional endpoints around the world. The companies said they planned to increase the number of receiving markets throughout the year. In March, Mastercard began offering its money transfer solutions through [Jack Henry](https://www.jackhenry.com/) ’s Rapid Transfers service, allowing for “near-real time” [money movement](https://www.pymnts.com/partnerships/2025/mastercard-teams-with-jack-henry-to-speed-money-transfers/) via Mastercard Move. #### Recommended [![Infosys building](https://www.pymnts.com/wp-content/uploads/2025/08/Infosys-Finacle-Mastercard-Move.png?w=258)\ \ Infosys Finacle Integrates Mastercard Move Into Digital Banking Solution](https://www.pymnts.com/news/digital-banking/2025/infosys-finacle-integrates-mastercard-move-into-digital-banking-solution/ "Infosys Finacle Integrates Mastercard Move Into Digital Banking Solution") [![Amazon, Walmart Lean Into Platform Plays to Navigate Uncertainty](https://www.pymnts.com/wp-content/uploads/2025/08/Amazon-Walmart-retail-uncertainty.jpg?w=258)\ \ Amazon and Walmart Lean Into Platform Plays to Navigate Uncertainty](https://www.pymnts.com/news/retail/2025/amazon-walmart-lean-into-platform-plays-navigate-uncertainty/ "Amazon and Walmart Lean Into Platform Plays to Navigate Uncertainty") [![Dick’s Sporting Goods](https://www.pymnts.com/wp-content/uploads/2023/02/Dicks-Sporting-Goods.jpg)\ \ Dick’s Sporting Goods CEO Sees ‘No Slowdown’ With Consumer Spending](https://www.pymnts.com/earnings/2025/dicks-sporting-goods-ceo-sees-no-slowdown-with-consumer-spending/ "Dick’s Sporting Goods CEO Sees ‘No Slowdown’ With Consumer Spending") [![Taco Bell](https://www.pymnts.com/wp-content/uploads/2022/09/Taco-Bell.jpg)\ \ Taco Bell Reconsiders Voice AI After Seeing Mixed Results](https://www.pymnts.com/artificial-intelligence-2/2025/taco-bell-reconsiders-voice-ai-after-seeing-mixed-results/ "Taco Bell Reconsiders Voice AI After Seeing Mixed Results") See More In: [Digital Banking](https://www.pymnts.com/tag/digital-banking/) , [Infosys](https://www.pymnts.com/tag/infosys/) , [Infosys Finacle](https://www.pymnts.com/tag/infosys-finacle/) , [Mastercard](https://www.pymnts.com/tag/mastercard/) , [Mastercard Move](https://www.pymnts.com/tag/mastercard-move/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [What's Hot](https://www.pymnts.com/tag/whats-hot/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS 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[Learn More](https://www.pymnts.com/partnerships/) --- # Revolut Considers Hiring Advisers on US Banking Acquisition Revolut Considers Hiring Advisers on US Banking Acquisition =========================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/news/banking/2025/revolut-considers-hiring-advisers-on-us-banking-acquisition/&t=Revolut+Considers+Hiring+Advisers+on+US+Banking+Acquisition "Share on Facebook") [](https://twitter.com/share?text=Revolut+Considers+Hiring+Advisers+on+US+Banking+Acquisition%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/news/banking/2025/revolut-considers-hiring-advisers-on-us-banking-acquisition/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/news/banking/2025/revolut-considers-hiring-advisers-on-us-banking-acquisition/&title=Revolut+Considers+Hiring+Advisers+on+US+Banking+Acquisition&summary=&source= "Share on LinkedIn") [](mailto:?subject=Revolut%20Considers%20Hiring%20Advisers%20on%20US%20Banking%20Acquisition&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/news/banking/2025/revolut-considers-hiring-advisers-on-us-banking-acquisition/)  |  ![](https://www.pymnts.com/wp-content/uploads/2024/07/Revolut-1.jpg?w=768) U.K. FinTech [Revolut](https://www.revolut.com/en-US/)  is reportedly getting closer to entering the U.S. banking space. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ The company is mulling hiring investment bankers to advise it on a possible acquisition of an American lender to bolster its growth in the U.S., Bloomberg News [reported](https://www.bloomberg.com/news/articles/2025-08-28/revolut-weighs-hiring-adviser-for-possible-acquisition-in-the-us)  Thursday (Aug. 28), citing sources familiar with the matter. One source told the news outlet that Revolut is still deciding between an acquisition or applying for its own banking license, and that these deliberations are happening as the company readies the launch of savings products for U.S. consumers in the weeks ahead. The report follows a similar story from the Financial Times late last month, which said Revolut was [considering the acquisition](https://www.pymnts.com/news/digital-banking/2025/revolut-considers-purchasing-american-bank-to-land-us-license/)  of a U.S.-chartered bank. A spokesperson for Revolut declined to comment when reached by PYMNTS. As the Bloomberg report notes, Revolut has operated for years in the U.S. by collaborating with other banks. But now, the company and its competitors are seeking a greater share of the banking space amid a more [relaxed attitude](https://www.pymnts.com/bank-regulation/2025/us-regulators-reportedly-scaling-back-bank-capital-requirements/)  toward financial regulation in Washington. Revolut is still in the process of establishing its banking presence in its home country. It took the FinTech more than three years to [land a U.K. banking license](https://www.pymnts.com/bank-regulation/2025/revolut-still-waiting-on-ok-to-offer-uk-credit-cards/) , and while it eventually secured that permission, it must operate under certain restrictions. Per Bloomberg, Revolut has said it’s in the closing stages of this process. “Given Revolut’s global scale, this is the largest and most complex mobilization ever undertaken in the UK,” the firm said in a statement last month. “A thorough review is an expected part of the process and getting this right is more important than rushing to meet a specific date.” Revolut CEO [Nik Storonsky](https://uk.linkedin.com/in/nstoronsky) has said that the company’s “grow fast” ethos [had been ill-advised](https://www.pymnts.com/bank-regulation/2024/revolut-ceo-growing-without-banking-license-was-wrong-decision/) because a smaller firm would have been able to obtain licenses more easily than one the size of Revolut. Meanwhile, last month saw a report that the British government and the U.K. central bank had suffered a “[falling out](https://www.pymnts.com/bank-regulation/2025/bank-of-england-denies-conflict-with-government-over-revolut-banking-license/) ” due to delays in allowing a full banking license for Revolut. [Bank of England](https://www.bankofengland.co.uk/)  Gov. [Andrew Bailey](https://www.bankofengland.co.uk/about/people/andrew-bailey/biography)  denied that report, saying the central bank and British treasury have a good relationship. #### Recommended [![](https://www.pymnts.com/wp-content/uploads/2024/07/Revolut-1.jpg?w=258)\ \ Revolut Considers Hiring Advisers on US Banking Acquisition](https://www.pymnts.com/news/banking/2025/revolut-considers-hiring-advisers-on-us-banking-acquisition/ "Revolut Considers Hiring Advisers on US Banking Acquisition") [![](https://www.pymnts.com/wp-content/uploads/2025/08/unified-commerce-with-overlay.jpg?w=258)\ \ Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [![](https://www.pymnts.com/wp-content/uploads/2025/08/Worldpay-Trulio-Virtual-Roundtable-1.png?w=258)\ \ Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [![](https://www.pymnts.com/wp-content/uploads/2025/08/Concorda-Credit-traffic-cones-with-overlay.jpg?w=258)\ \ Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") See More In: [banking](https://www.pymnts.com/tag/banking-2/) , [Banks](https://www.pymnts.com/tag/banks/) , [Digital Banking](https://www.pymnts.com/tag/digital-banking/) , [FinTech](https://www.pymnts.com/tag/fintech/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [Revolut](https://www.pymnts.com/tag/revolut/) , [What's Hot](https://www.pymnts.com/tag/whats-hot/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # Uber Eats Expands Rural Footprint With Dollar Tree Partnership Uber Eats Expands Rural Footprint With Dollar Tree Partnership ============================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/news/retail/2025/uber-eats-expands-rural-footprint-with-dollar-tree-partnership/&t=Uber+Eats+Expands+Rural+Footprint+With+Dollar+Tree+Partnership "Share on Facebook") [](https://twitter.com/share?text=Uber+Eats+Expands+Rural+Footprint+With+Dollar+Tree+Partnership%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/news/retail/2025/uber-eats-expands-rural-footprint-with-dollar-tree-partnership/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/news/retail/2025/uber-eats-expands-rural-footprint-with-dollar-tree-partnership/&title=Uber+Eats+Expands+Rural+Footprint+With+Dollar+Tree+Partnership&summary=&source= "Share on LinkedIn") [](mailto:?subject=Uber%20Eats%20Expands%20Rural%20Footprint%20With%20Dollar%20Tree%20Partnership&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/news/retail/2025/uber-eats-expands-rural-footprint-with-dollar-tree-partnership/)  |  ![Dollar Tree store](https://www.pymnts.com/wp-content/uploads/2025/08/Uber-Eats-Dollar-Tree.png?w=768) [Uber](https://www.uber.com/)  has added thousands of [Dollar Tree](https://www.dollartree.com/)  locations to the [Uber Eats](https://www.ubereats.com/?srsltid=AfmBOoq9xnVvbpT5n5TiT29VaVStxpDSUsY-mPJtWkjfMfP2CbpcMESB)  platform. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ A new partnership with the discount retailer, [announced](https://investor.uber.com/news-events/news/press-release-details/2025/Dollar-Tree-and-Uber-Partner-to-Bring-Everyday-Value-to-Doorsteps-Nationwide/default.aspx)  Thursday (Aug. 28), lets customers around the U.S. make purchases from nearly 9,000 Dollar Tree stores and have them delivered to their homes. “Bringing Dollar Tree to the Uber Eats platform means customers can now enjoy the great value and everyday essentials they count on, plus the thrill of discovering those unexpected treasures – all with the convenience of same-day delivery,” [Brent Beebe](https://www.linkedin.com/in/beebebrent) , senior vice president of retail merchandising and marketing at Dollar Tree, said in a news release. “We’re making it easier than ever for our shoppers to access the fun, affordable finds they love, right when and where they need them.” The release notes that the partnership is part of Uber’s ongoing retail expansion in the suburban and rural U.S. and also brings Dollar Tree’s footprint of stores to customers in new ways. To mark the launch, Uber Eats is offering $10 discounts on orders of $30 or more with the code DOLLAR10. Users can find Dollar Tree by searching for the chain under the “grocery,” “retail” or “convenience” sections on the Uber Eats app. The partnership is happening at a time when [higher-income consumers](https://www.pymnts.com/news/retail/2025/discounts-lure-high-income-customers-to-dollar-stores/)  are flocking to dollar stores, hoping to find bargains in the paycheck-to-paycheck economy. Big box retailers like [Walmart](https://www.walmart.com/)  and [Target](https://www.target.com/)  have [continued to be favorites](https://www.pymnts.com/walmart/2024/high-income-shoppers-load-up-their-grocery-carts-at-walmart/)  among people making more than $100,000 each year. But PYMNTS Intelligence data shows that higher income households are also turning to the likes of [Dollar General](https://www.dollargeneral.com/) and Dollar Tree. As covered here in July, the research shows that during the quarter ending in May, 24% of the transactions at Dollar Tree came from shoppers with incomes above $100,000, while a commensurate 24% at Dollar General came from higher-income consumers. That’s under the mid-40% range of the lowest income cohorts who earn $50,000 or less, but it is still a notable slice of the population and of these merchants’ top lines. “The shift may continue, given the fact that, as PYMNTS Intelligence has found, roughly half of consumers earning more than $100,000 annually [live paycheck to paycheck](https://www.pymnts.com/consumer-finance/2024/nearly-half-of-us-consumers-earning-100k-live-paycheck-to-paycheck/) , and even those making more than $200,000 each year are not immune,” PYMNTS wrote. “Our data shows that recreation, personal care and everyday transactions account for about 28% of their budget.” #### Recommended [![Dollar Tree store](https://www.pymnts.com/wp-content/uploads/2025/08/Uber-Eats-Dollar-Tree.png?w=258)\ \ Uber Eats Expands Rural Footprint With Dollar Tree Partnership](https://www.pymnts.com/news/retail/2025/uber-eats-expands-rural-footprint-with-dollar-tree-partnership/ "Uber Eats Expands Rural Footprint With Dollar Tree Partnership") [![TransUnion](https://www.pymnts.com/wp-content/uploads/2023/04/TransUnion.jpg)\ \ TransUnion Data Breach Hits 4.4 Million Customers](https://www.pymnts.com/cybersecurity/2025/transunion-data-breach-hits-4-4-million-customers/ "TransUnion Data Breach Hits 4.4 Million Customers") [![Infosys building](https://www.pymnts.com/wp-content/uploads/2025/08/Infosys-Finacle-Mastercard-Move.png?w=258)\ \ Infosys Finacle Integrates Mastercard Move Into Digital Banking Solution](https://www.pymnts.com/news/digital-banking/2025/infosys-finacle-integrates-mastercard-move-into-digital-banking-solution/ "Infosys Finacle Integrates Mastercard Move Into Digital Banking Solution") [![Amazon, Walmart Lean Into Platform Plays to Navigate Uncertainty](https://www.pymnts.com/wp-content/uploads/2025/08/Amazon-Walmart-retail-uncertainty.jpg?w=258)\ \ Amazon and Walmart Lean Into Platform Plays to Navigate Uncertainty](https://www.pymnts.com/news/retail/2025/amazon-walmart-lean-into-platform-plays-navigate-uncertainty/ "Amazon and Walmart Lean Into Platform Plays to Navigate Uncertainty") See More In: [delivery](https://www.pymnts.com/tag/delivery/) , [Dollar Tree](https://www.pymnts.com/tag/dollar-tree/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [Uber](https://www.pymnts.com/tag/uber/) , [Uber Eats](https://www.pymnts.com/tag/uber-eats/) , [What's Hot](https://www.pymnts.com/tag/whats-hot/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # Hemi Raises $15 Million to Help Bitcoin Realize DeFi Potential Hemi Raises $15 Million to Help Bitcoin Realize DeFi Potential ============================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/cryptocurrency/2025/hemi-raises-15-million-dollars-help-bitcoin-realize-defi-potential/&t=Hemi+Raises+%2415+Million+to+Help+Bitcoin+Realize+DeFi+Potential "Share on Facebook") [](https://twitter.com/share?text=Hemi+Raises+%2415+Million+to+Help+Bitcoin+Realize+DeFi+Potential%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/cryptocurrency/2025/hemi-raises-15-million-dollars-help-bitcoin-realize-defi-potential/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/cryptocurrency/2025/hemi-raises-15-million-dollars-help-bitcoin-realize-defi-potential/&title=Hemi+Raises+%2415+Million+to+Help+Bitcoin+Realize+DeFi+Potential&summary=&source= "Share on LinkedIn") [](mailto:?subject=Hemi%20Raises%20$15%20Million%20to%20Help%20Bitcoin%20Realize%20DeFi%20Potential&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/cryptocurrency/2025/hemi-raises-15-million-dollars-help-bitcoin-realize-defi-potential/)  |  ![](https://www.pymnts.com/wp-content/uploads/2025/05/cryptocurrency-bitcoin-blockchain.jpg?w=768) [Hemi](https://hemi.xyz/) , which bills itself as the “largest programmability layer on Bitcoin,” raised $15 million. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ The company’s funding round is designed to help fuel further growth on Bitcoin, according to a Tuesday (Aug. 26) [press release](https://www.prnewswire.com/news-releases/hemi-raises-15-million-to-accelerate-bitcoin-programmability-ahead-of-token-launch-302539049.html) . With a market cap of $2.3 trillion, the world’s most popular cryptocurrency’s potential in the [decentralized finance](https://www.pymnts.com/blockchain/2021/defi-next-big-thing-crypto-what-is-it-heres-everything-you-need-to-know/) (DeFi) space remains largely unrealized, the release said. “Until now, developers had to choose between Bitcoin’s unmatched security or the flexibility of DeFi on other chains,” the release said. “Hemi eliminates that trade-off, merging Bitcoin’s trust and resilience with Ethereum programmability into a super network, finally unlocking Bitcoin for use in modern financial applications.” Hemi creates a platform for applications that let users earn, borrow, trade and build on Bitcoin, while connecting to other blockchains, according to the release. “The breakthrough Hemi Virtual Machine (hVM), a full Bitcoin node embedded inside an Ethereum Virtual Machine, creates a powerful new layer that fuses Bitcoin’s security with Ethereum’s flexibility, unlocking a new frontier for programmable bitcoin,” the release said. The funding round came ahead of Hemi’s token launch, details of which will soon be finalized and announced, per the release. In other crypto news, PYMNTS wrote this month about the [institutional custody gap](https://www.pymnts.com/cryptocurrency/2025/institutional-grade-custody-remains-missing-link-crypto-mainstream-breakthrough/) that is holding the industry back from wider mainstream embrace. “This isn’t just about securing private keys. It’s about building a custodial system that institutional players can trust and that regulators can accept,” that report said. “Until that gap closes, the sector will struggle to fully transcend its hedge-fund roots and become a backbone of mainstream finance.” At the same time, it appears that institutional-grade custodial services for crypto are becoming a must-have for the marketplace, with U.S. Treasury Secretary [Scott Bessent](https://home.treasury.gov/about/general-information/officials/scott-bessent) offering more details this month about the U.S. [bitcoin reserve](https://www.pymnts.com/cryptocurrency/2025/trump-establishes-strategic-bitcoin-reserve-and-us-digital-asset-stockpile/) . He valued the reserve in the neighborhood of $20 billion and said the Treasury is seeking budget-neutral ways to acquire Bitcoin to expand the reserve. “Major players like multinational financial institutions are taking notice,” PYMNTS wrote. “[Citigroup](https://www.citigroup.com/global) , for example, is reportedly exploring custody and payment services for stablecoins and crypto ETFs. Executives cited relevance within Citi’s services business, which includes treasury, cash management, cross-border payments and other services to large companies and institutions.” #### Recommended [![](https://www.pymnts.com/wp-content/uploads/2025/05/cryptocurrency-bitcoin-blockchain.jpg?w=258)\ \ Hemi Raises $15 Million to Help Bitcoin Realize DeFi Potential](https://www.pymnts.com/cryptocurrency/2025/hemi-raises-15-million-dollars-help-bitcoin-realize-defi-potential/ "Hemi Raises $15 Million to Help Bitcoin Realize DeFi Potential") [![Attio](https://www.pymnts.com/wp-content/uploads/2025/08/Attio.png?w=258)\ \ Google Ventures-Backed Attio Raises $52 Million for AI-Native CRM Platform](https://www.pymnts.com/news/investment-tracker/2025/google-ventures-backed-attio-raises-52-million-dollars-ai-native-crm-platform/ "Google Ventures-Backed Attio Raises $52 Million for AI-Native CRM Platform") [![](https://www.pymnts.com/wp-content/uploads/2024/10/GDP-economy.jpg?w=258)\ \ Consumer Spending Helps Lift Q2 GDP Past Initial Estimates](https://www.pymnts.com/consumer-insights/2025/consumer-spending-helps-lift-q2-gdp-past-initial-estimates/ "Consumer Spending Helps Lift Q2 GDP Past Initial Estimates") [![Grubhub](https://www.pymnts.com/wp-content/uploads/2022/07/Grubhub.jpg)\ \ Grubhub to Settle Class Action Lawsuit Alleging False Advertising](https://www.pymnts.com/legal/2025/grubhub-to-settle-class-action-lawsuit-alleging-false-advertising/ "Grubhub to Settle Class Action Lawsuit Alleging False Advertising") See More In: [Bitcoin](https://www.pymnts.com/tag/bitcoin/) , [Cryptocurrency](https://www.pymnts.com/tag/cryptocurrency/) , [funding](https://www.pymnts.com/tag/funding/) , [Hemi](https://www.pymnts.com/tag/hemi/) , [Investments](https://www.pymnts.com/tag/investments/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [What's Hot](https://www.pymnts.com/tag/whats-hot/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # Amazon, Walmart Lean Into Platform Plays to Navigate Uncertainty Amazon and Walmart Lean Into Platform Plays to Navigate Uncertainty =================================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/news/retail/2025/amazon-walmart-lean-into-platform-plays-navigate-uncertainty/&t=Amazon+and+Walmart+Lean+Into+Platform+Plays+to+Navigate+Uncertainty "Share on Facebook") [](https://twitter.com/share?text=Amazon+and+Walmart+Lean+Into+Platform+Plays+to+Navigate+Uncertainty%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/news/retail/2025/amazon-walmart-lean-into-platform-plays-navigate-uncertainty/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/news/retail/2025/amazon-walmart-lean-into-platform-plays-navigate-uncertainty/&title=Amazon+and+Walmart+Lean+Into+Platform+Plays+to+Navigate+Uncertainty&summary=&source= "Share on LinkedIn") [](mailto:?subject=Amazon%20and%20Walmart%20Lean%20Into%20Platform%20Plays%20to%20Navigate%20Uncertainty&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/news/retail/2025/amazon-walmart-lean-into-platform-plays-navigate-uncertainty/)  |  ![Amazon, Walmart Lean Into Platform Plays to Navigate Uncertainty](https://www.pymnts.com/wp-content/uploads/2025/08/Amazon-Walmart-retail-uncertainty.jpg?w=768) Highlights The competitive ground in retail has shifted, and it’s no longer just about who sells the cheapest products or who has the biggest selection. Amazon is betting on AI-driven automation across B2B and consumer markets, while Walmart is using its scale, stores and logistics to build a hybrid open marketplace. The future of retail will be built by whoever controls the platforms and systems that enable commerce itself, with Amazon and Walmart vying for supremacy. The yardstick of retail success is becoming who can best deliver anticipatory and frictionless commerce, not in isolated channels but as orchestrated services. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ [Amazon](https://www.amazon.com/) and [Walmart](https://www.walmart.com/) are at the forefront of this push, with a rivalry that is ultimately no longer just about who sells more to households. It is about who shapes the infrastructure of commerce itself. Amazon is increasingly betting on a future where artificial intelligence intermediates nearly every business transaction, from ordering pens to acquiring fleets. Walmart has come to envision a future where its scale, stores and logistics form the backbone of a more open marketplace that lures sellers with reach and reliability. The retail wars of 2025 are less about the checkout counter and more about who controls the layers beneath. And that has put platform plays and marketplace innovations at the center. **Read also:** [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/) **Amazon Makes B2B Moves Beyond Consumers’ Shopping Carts** ----------------------------------------------------------- Amazon’s ambitions have always been larger than retail, and its latest initiatives in AI and B2B commerce underscore that trajectory. The company has minted a B2B heavyweight, with [Amazon Business](https://www.pymnts.com/amazon/2025/amazon-business-now-serves-8-million-companies-in-11-countries/) now supporting over 8 million organizations across 11 countries and generating more than $35 billion in annualized gross sales. Its client roster reads like corporate royalty: 97 Fortune 100 companies, 66 FTSE 100 firms and 38 from Germany’s DAX-40 index. The platform, once seen as a natural extension of Amazon’s consumer-facing marketplace, has grown into an enterprise procurement ecosystem used to consolidate vendor management, streamline purchasing and tap into Amazon’s logistics backbone. What differentiates Amazon Business is scale paired with infrastructure. Unlike traditional distributors, Amazon can offer real-time availability, transparent pricing and fast fulfillment on millions of SKUs. More strategically, the platform is becoming a proving ground for Amazon’s [AI](https://www.pymnts.com/news/artificial-intelligence/2025/ai-agents-take-commerce-beyond-search-bar/) ambitions. Intelligent agents, or software capable of making decisions and handling transactions, are being deployed to go beyond search-based shopping. These AI systems can anticipate needs, compare supplier contracts and trigger purchases autonomously. For corporate customers, the promise is efficiency; for Amazon, it’s lock-in. Beyond B2B, Amazon is accelerating into durable goods. A [partnership](https://www.pymnts.com/partnerships/2025/amazon-autos-teams-with-hertz-on-used-vehicle-sales/) with [Hertz](https://www.hertz.com/rentacar/reservation/) announced this month enables [Amazon Autos](https://www.amazon.com/Amazon-Autos/b?ie=UTF8&node=10677469011) to list and sell used vehicles directly sourced from Hertz’s inventory. Yet, challenges remain. Despite years of investment, Amazon’s grocery business continues to lag. The company has struggled to replicate the [Prime model](https://www.pymnts.com/amazon/2025/amazon-still-faces-challenges-despite-major-grocery-push/) in fresh food, where local sourcing, spoilage and last-mile delivery create obstacles. For all its technological prowess, Amazon is still learning the realities of perishable retail, a space where Walmart holds distinct advantages. **See also:** [84% of Shoppers Want One-Click Checkout](https://www.pymnts.com/news/ecommerce/2025/84percent-of-shoppers-want-one-click-checkout/) **Walmart Builds Out Its Own Platform** --------------------------------------- If Amazon is positioning itself as the AI-driven enterprise backbone, Walmart is reshaping its physical and digital assets to woo third-party sellers. Long cautious about [opening its shelves](https://www.pymnts.com/walmart/2025/walmart-rolls-out-faster-deliveries-for-3rd-party-sellers/) to outside vendors, Walmart is now [experimenting](https://corporate.walmart.com/news/2025/08/26/walmart-unveils-new-seller-capabilities-and-tools-growth-initiatives-and-next-level-omnichannel-opportunities-at-marketplace-seller-summit) with ways to showcase marketplace sellers directly in stores, piloting physical displays that feature products from its online marketplace partners, blending the digital long tail with the tactile credibility of Walmart’s aisles. Walmart is also forging novel financial partnerships. In Canada, the company became [Klarna](https://www.klarna.com/us/) ’s largest [retail partner](https://www.pymnts.com/bnpl/2025/walmart-becomes-klarnas-biggest-retail-partner-in-canada/) , expanding buy now, pay later options to more customers. It’s a move that represents Walmart’s pragmatic streak. While Amazon invests in AI agents and vertical experiments, Walmart is focused on removing friction for sellers and buyers in immediate, tangible ways. Faster delivery, more payment flexibility and in-store visibility all reinforce Walmart’s pitch to help merchants reach millions of shoppers on- and offline. Walmart is also positioning itself as a platform, not just a retailer. Amazon built its marketplace dominance by aggregating third-party sellers and monetizing them through fees, fulfillment services and advertising. Walmart, late to the game, now sees marketplace expansion as the fastest path to digital scale. By using its 4,600 stores as fulfillment nodes and marketing channels, Walmart can offer a hybrid model where third-party sellers benefit from eCommerce reach and brick-and-mortar presence. Neither path is without risk. Amazon’s challenge lies in execution and trust. AI agents that automate procurement could trigger backlash if they are perceived as steering decisions unfairly toward Amazon’s own products or if they introduce opaque biases. Walmart, meanwhile, must navigate the delicate balance as its stores, long a symbol of consistency, could become cluttered or confusing if marketplace integration is not carefully executed. _For all PYMNTS digital transformation coverage, subscribe to the daily_ [_Digital Transformation Newsletter_](https://pymnts.com/subscribe/) _._ #### Recommended [![Amazon, Walmart Lean Into Platform Plays to Navigate Uncertainty](https://www.pymnts.com/wp-content/uploads/2025/08/Amazon-Walmart-retail-uncertainty.jpg?w=258)\ \ Amazon and Walmart Lean Into Platform Plays to Navigate Uncertainty](https://www.pymnts.com/news/retail/2025/amazon-walmart-lean-into-platform-plays-navigate-uncertainty/ "Amazon and Walmart Lean Into Platform Plays to Navigate Uncertainty") [![Dick’s Sporting Goods](https://www.pymnts.com/wp-content/uploads/2023/02/Dicks-Sporting-Goods.jpg)\ \ Dick’s Sporting Goods CEO Sees ‘No Slowdown’ With Consumer Spending](https://www.pymnts.com/earnings/2025/dicks-sporting-goods-ceo-sees-no-slowdown-with-consumer-spending/ "Dick’s Sporting Goods CEO Sees ‘No Slowdown’ With Consumer Spending") [![Taco Bell](https://www.pymnts.com/wp-content/uploads/2022/09/Taco-Bell.jpg)\ \ Taco Bell Reconsiders Voice AI After Seeing Mixed Results](https://www.pymnts.com/artificial-intelligence-2/2025/taco-bell-reconsiders-voice-ai-after-seeing-mixed-results/ "Taco Bell Reconsiders Voice AI After Seeing Mixed Results") [![](https://www.pymnts.com/wp-content/uploads/2024/05/Instacart.jpg?w=258)\ \ Instacart Offers Indie Grocers eCommerce Tools With MDI Partnership](https://www.pymnts.com/news/ecommerce/2025/instacart-offers-indie-grocers-ecommerce-tools-with-mdi-partnership/ "Instacart Offers Indie Grocers eCommerce Tools With MDI Partnership") See More In: [Amazon](https://www.pymnts.com/tag/amazon/) , [B2B](https://www.pymnts.com/tag/b2b/) , [B2B Payments](https://www.pymnts.com/tag/b2b-payments/) , [digital transformation](https://www.pymnts.com/tag/digital-transformation/) , [ecommerce](https://www.pymnts.com/tag/ecommerce/) , [grocery](https://www.pymnts.com/tag/grocery/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [Retail](https://www.pymnts.com/tag/retail/) , [walmart](https://www.pymnts.com/tag/walmart/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # Sycamore Completes Acquisition of Walgreens Boots Alliance Sycamore Completes Acquisition of Walgreens Boots Alliance, Forms 5 Companies ============================================================================= By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/acquisitions/2025/sycamore-completes-acquisition-walgreens-boots-alliance-forms-five-companies/&t=Sycamore+Completes+Acquisition+of+Walgreens+Boots+Alliance%2C+Forms+5+Companies "Share on Facebook") [](https://twitter.com/share?text=Sycamore+Completes+Acquisition+of+Walgreens+Boots+Alliance%2C+Forms+5+Companies%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/acquisitions/2025/sycamore-completes-acquisition-walgreens-boots-alliance-forms-five-companies/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/acquisitions/2025/sycamore-completes-acquisition-walgreens-boots-alliance-forms-five-companies/&title=Sycamore+Completes+Acquisition+of+Walgreens+Boots+Alliance%2C+Forms+5+Companies&summary=&source= "Share on LinkedIn") [](mailto:?subject=Sycamore%20Completes%20Acquisition%20of%20Walgreens%20Boots%20Alliance,%20Forms%205%20Companies&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/acquisitions/2025/sycamore-completes-acquisition-walgreens-boots-alliance-forms-five-companies/)  |  ![Walgreens](https://www.pymnts.com/wp-content/uploads/2022/06/Walgreens.jpg?w=768) [Sycamore Partners](https://sycamorepartners.com/home) said Thursday (Aug. 28) that it completed its acquisition of [Walgreens Boots Alliance](https://www.walgreensbootsalliance.com/) and that the businesses that made up WBA are now operating as standalone companies under private ownership. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ Those companies include [Walgreens](https://www.walgreens.com/) , [The Boots Group](https://www.thebootsgroup.co.uk/) , [Shields Health Solutions](https://shieldshealthsolutions.com/) , [CareCentrix](https://www.carecentrix.com/) and [VillageMD](https://www.villagemd.com/) , Sycamore said in a Thursday [press release](https://sycamorepartners.com/news-article/sycamore-partners-completes-acquisition-of-walgreens-boots-alliance) . In addition, with the completion of the acquisition, WBA’s common stock is no longer trading and will no longer be listed on the Nasdaq, according to the release. “As standalone companies under private ownership, they will build on their proud legacies to enhance the customer experience and deepen the trusted relationships they have earned with millions of customers around the world,” Sycamore Managing Director [Stefan Kaluzny](https://sycamorepartners.com/team-info/stefan-kaluzny) said in the release. Stefano Pessina and his family partnered with Sycamore in the acquisition, reinvesting 100% of their interests in WBA, per the release. “This milestone begins a new chapter for Walgreens, The Boots Group and the other portfolio businesses,” Pessina said in the release. Walgreens said in its own Thursday [press release](https://sycamorepartners.com/news-article/walgreen-co-to-operate-as-private-standalone-company-following-acquisition-by-sycamore-partners) that [Mike Motz](https://www.linkedin.com/in/mike-motz-872b076) , who was formerly CEO of [Staples US Retail](https://www.staples.com/) , another Sycamore portfolio company, has been appointed CEO of Walgreens, effective immediately. Motz replaces [Tim Wentworth](https://www.linkedin.com/in/tim-wentworth) , who will continue to serve as a director, according to the release. Prior to his role at Staples, Motz served as president of Canadian pharmacy chain [Shoppers Drug Mart](https://www.shoppersdrugmart.ca/) , per the release. Sycamore said, per the release, that Motz brings to Walgreens “a renewed focus on retail, a customer-first mindset and significant operational discipline.” Motz said in the release: “As a private organization, alongside our dedicated team members, we are renewing our focus on our core pharmacy and retail platform, our stores and our customer experience — building on the progress that’s been made.” WBA said in March that it agreed to be [acquired](https://www.pymnts.com/acquisitions/2025/walgreens-agrees-to-acquisition-by-sycamore-partners/) by Sycamore and that it expected the transaction to close in the fourth quarter. Wentworth said at the time that the transaction would help WBA “navigate the challenges of a rapidly evolving pharmacy industry and an increasingly complex and competitive retail landscape.” It was reported at the time that Walgreens had been under pressure because of challenges facing the pharmacy business and had seen its shares heading downward for nearly a decade. #### Recommended [![Walgreens](https://www.pymnts.com/wp-content/uploads/2022/06/Walgreens.jpg)\ \ Sycamore Completes Acquisition of Walgreens Boots Alliance, Forms 5 Companies](https://www.pymnts.com/acquisitions/2025/sycamore-completes-acquisition-walgreens-boots-alliance-forms-five-companies/ "Sycamore Completes Acquisition of Walgreens Boots Alliance, Forms 5 Companies") [![TD Bank app](https://www.pymnts.com/wp-content/uploads/2023/12/TD-Bank.jpg?w=258)\ \ TD Bank Touts ‘Critical’ Digital Efforts Amid Tariff Uncertainties](https://www.pymnts.com/earnings/2025/td-bank-touts-critical-digital-efforts-amid-tariff-uncertainties/ "TD Bank Touts ‘Critical’ Digital Efforts Amid Tariff Uncertainties") [![](https://www.pymnts.com/wp-content/uploads/2025/05/cryptocurrency-bitcoin-blockchain.jpg?w=258)\ \ Hemi Raises $15 Million to Help Bitcoin Realize DeFi Potential](https://www.pymnts.com/cryptocurrency/2025/hemi-raises-15-million-dollars-help-bitcoin-realize-defi-potential/ "Hemi Raises $15 Million to Help Bitcoin Realize DeFi Potential") [![Attio](https://www.pymnts.com/wp-content/uploads/2025/08/Attio.png?w=258)\ \ Google Ventures-Backed Attio Raises $52 Million for AI-Native CRM Platform](https://www.pymnts.com/news/investment-tracker/2025/google-ventures-backed-attio-raises-52-million-dollars-ai-native-crm-platform/ "Google Ventures-Backed Attio Raises $52 Million for AI-Native CRM Platform") See More In: [acquisitions](https://www.pymnts.com/tag/acquisitions/) , [Healthcare](https://www.pymnts.com/tag/healthcare/) , [News](https://www.pymnts.com/tag/news/) , [personnel](https://www.pymnts.com/tag/personnel/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [Sycamore Partners](https://www.pymnts.com/tag/sycamore-partners/) , [Walgreens](https://www.pymnts.com/tag/walgreens/) , [Walgreens Boots Alliance](https://www.pymnts.com/tag/walgreens-boots-alliance/) , [What's Hot](https://www.pymnts.com/tag/whats-hot/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # Visa Says Unified Commerce Lets Small Shops Play Big Visa Says Unified Commerce Lets Small Shops Play Big ==================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/&t=Visa+Says+Unified+Commerce+Lets+Small+Shops+Play+Big "Share on Facebook") [](https://twitter.com/share?text=Visa+Says+Unified+Commerce+Lets+Small+Shops+Play+Big%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/&title=Visa+Says+Unified+Commerce+Lets+Small+Shops+Play+Big&summary=&source= "Share on LinkedIn") [](mailto:?subject=Visa%20Says%20Unified%20Commerce%20Lets%20Small%20Shops%20Play%20Big&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/)  |  **Watch more:** [SMBs and Unified Commerce — Playing Big in a Mobile-First World](https://tv.pymnts.com/detail/video/6376240959112/smbs-and-unified-commerce-%E2%80%94-playing-big-in-a-mobile-first-world) 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ Consumer expectations for fluidity between online, mobile and physical storefronts are at an all-time high. But it’s time they all come together. Unified commerce offers small to mid-sized businesses (SMBs) an unprecedented opportunity to elevate their commercial prospects, said [Authorize.net](https://www.authorize.net/) Senior Director and Business Operations Head [Jacob Muff](https://www.linkedin.com/in/jacobmuff/) as part of the [Visa Acceptance Solutions](https://www.visaacceptance.com/en-us.html) “The Rise of the Mobile-First Shopper” series.  “Unified commerce helps small businesses play big,” he told PYMNTS, as their customers can shop seamlessly across channels “and level the playing field” with larger competitors. But while the advantages of a robust digital presence are clear, especially through easily accessible entry points like social media platforms and websites, many SMBs lag behind in their online efforts. Addressing the Gaps ------------------- “Fewer than 4 in 10 SMBs around the globe are really offering that unified experience, whether that’s across their store, their online shop, or a mobile channel,” Muff said. This translates to a mere 38% of SMBs delivering an integrated experience, and data further indicates that these businesses are less likely to commit to progressing along their digital journeys. The reluctance to invest in unified commerce often stems from the practical challenges faced by small business operators. SMB owners typically “wear multiple hats,” in Muff’s words, managing numerous roles within their organizations.  There’s a perception that a digital transformation is time-consuming and costly, Muff said. However, the payoffs are significant, as SMBs with unified commerce efforts in place are more likely to report or expect to report revenue growth, with 77% of those with a digital channel anticipating growth compared to 70% without. Muff said, “Unified commerce really isn’t just like a nice-to-have at this point, it’s essential, and it’s a key driver to help drive completed purchases and ultimately give profits into the pockets of those SMBs.” A hurdle for SMBs is their focus on a single channel, whether exclusively physical or digital. This contrasts with the multichannel approach often leveraged by larger competitors, leaving many small businesses at a disadvantage. “It’s very important to combine those two channels,” Muff said, especially where the gaps are especially pronounced in the U.S., UAE, and Singapore. Conversely, in places like Brazil, where the SMB ecosystem is robust and digital channel experience is powerful, those channels are complementary. Indispensable Role of Partnerships ---------------------------------- Given the time and financial constraints faced by SMBs, partnerships emerge as a critical enabler for digital features. “Finding the right third parties that can really help you drive commercial growth,” is important in sidestepping the disruptions of a “total infrastructure overhaul.” Recognizing this need, companies like Visa, through solutions such as Authorize.net, have dedicated efforts to supporting SMBs. Muff said Authorized.net, for instance, has focused on “delivering low- to no-code solutions that help integrate the channel experiences for smaller firms.” Strategic partnerships help forge comprehensive ecosystems that simplify operations for SMBs, effectively converting mobile window browsers into active customers.  “These tools allow an SMB to create that digital storefront and become more accessible than ever … and create an online presence that allows them to show their inventory or show their services,” Muff said. The power of these solutions from software-as-a-service providers is that smaller firms’ executives don’t have to be web developers to put themselves in that ecosystem and be successful. “No matter how big or small” a firm might be, he summed up to PYMNTS, “there’s a lot of opportunity with unified commerce.” #### Recommended [![](https://www.pymnts.com/wp-content/uploads/2025/08/unified-commerce-with-overlay.jpg?w=258)\ \ Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [![](https://www.pymnts.com/wp-content/uploads/2025/08/Worldpay-Trulio-Virtual-Roundtable-1.png?w=258)\ \ Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [![](https://www.pymnts.com/wp-content/uploads/2025/08/Concorda-Credit-traffic-cones-with-overlay.jpg?w=258)\ \ Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [![Choice Triples Consumer Likelihood of Choosing Instant Payments](https://www.pymnts.com/wp-content/uploads/2025/05/instant-payments-digital-disbursements.jpg?w=258)\ \ Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") See More In: [Authorize.Net](https://www.pymnts.com/tag/authorize-net/) , [Featured News](https://www.pymnts.com/tag/featured-news/) , [Jacob Muff](https://www.pymnts.com/tag/jacob-muff/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [pymnts tv](https://www.pymnts.com/tag/pymnts-tv/) , [small business](https://www.pymnts.com/tag/small-business/) , [unified commerce](https://www.pymnts.com/tag/unified-commerce/) , [video](https://www.pymnts.com/tag/video/) , [Visa](https://www.pymnts.com/tag/visa/) , [Visa Acceptance Solutions](https://www.pymnts.com/tag/visa-acceptance-solutions/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS 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[Learn More](https://www.pymnts.com/partnerships/) --- # TD Bank Touts ‘Critical’ Digital Efforts Amid Tariff Uncertainties TD Bank Touts ‘Critical’ Digital Efforts Amid Tariff Uncertainties ================================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/earnings/2025/td-bank-touts-critical-digital-efforts-amid-tariff-uncertainties/&t=TD+Bank+Touts+%E2%80%98Critical%E2%80%99+Digital+Efforts+Amid+Tariff+Uncertainties "Share on Facebook") [](https://twitter.com/share?text=TD+Bank+Touts+%E2%80%98Critical%E2%80%99+Digital+Efforts+Amid+Tariff+Uncertainties%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/earnings/2025/td-bank-touts-critical-digital-efforts-amid-tariff-uncertainties/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/earnings/2025/td-bank-touts-critical-digital-efforts-amid-tariff-uncertainties/&title=TD+Bank+Touts+%E2%80%98Critical%E2%80%99+Digital+Efforts+Amid+Tariff+Uncertainties&summary=&source= "Share on LinkedIn") [](mailto:?subject=TD%20Bank%20Touts%20%E2%80%98Critical%E2%80%99%20Digital%20Efforts%20Amid%20Tariff%20Uncertainties&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/earnings/2025/td-bank-touts-critical-digital-efforts-amid-tariff-uncertainties/)  |  ![TD Bank app](https://www.pymnts.com/wp-content/uploads/2023/12/TD-Bank.jpg?w=768) [TD Bank](https://www.td.com/us/en/personal-banking)  is focused on digital initiatives against the backdrop of tariff-related uncertainty. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ The Canadian lender released [quarterly earnings](https://www.td.com/content/dam/tdcom/canada/about-td/pdf/quarterly-results/2025/q3/2025-q3-earnings-news-release-en.pdf)  Thursday (Aug. 27) showing earnings of $3.3 billion, compared with a loss of $181 million in the third quarter of 2024, and adjusted earnings were $3.9 billion, a 6% increase. Speaking during an earnings call, management emphasized TD’s technology efforts, with CEO Raymond Chun noting, “leadership in digital and mobile is absolutely critical.” Among those efforts was the launch of [TD AI Prism](https://www.pymnts.com/artificial-intelligence-2/2025/td-bank-to-open-ai-center-in-new-york-city/) , designed to bolster client personalization through accelerated artificial intelligence (AI)-driven insights. TD Securities also unveiled a virtual AI assistant that the bank says can boost front office productivity by rapidly synthesizing 8,500 proprietary research reports, covering nearly 1,300 companies. In house, TD deployed its first machine learning models in its U.S. anti-money laundering (AML) transaction monitoring environment, designed to improve program effectiveness and efficiency. This came after deficiencies in the bank’s money laundering prevention practices caught the attention of U.S. authorities. TD agreed to [pay more than $3 billion](https://www.pymnts.com/bank-regulation/2024/td-bank-reportedly-facing-3-billion-money-laundering-penalty/)  as part of its guilty plea. Meanwhile, management noted that global trade dynamics remain a significant external factor. Chun told analysts that “tariffs and especially sector specific tariffs create business uncertainty, and economic distortions with significant impact to the most exposed sectors.” In response, the bank has taken a prudent approach to credit, adding nearly $600 million in performing reserves year to date for “policy and trade uncertainty,” according to Chief Risk Officer [Ajai Bambawale](https://www.td.com/ca/en/about-td/corporate-profile/executive-profiles/bambawale) . Bambwale said that these reserves, approximately $410 million for business and government and $190 million for the consumer sector, are based on “tariff assumptions and running it through our portfolio to determine what incremental migration or reserves would be required.” He expects “impaired PCLs to gradually rise from these levels” as [tariff impacts](https://www.pymnts.com/study_posts/what-uncertainty-means-us-goods-firms-retool-product-plans-amid-tariffs/) play out. Despite this, overall credit performance remained strong, with impaired PCLs decreasing quarter over quarter. In the bank’s consumer segments, TD saw record revenue, earnings, deposits and loan volumes in its Canadian personal and consumer banking business TD’s consumer segments demonstrated strength. In Canadian personal and commercial banking, the bank achieved record revenue, earnings, deposits, and loan volumes. [Sona Mehta](https://www.td.com/ca/en/about-td/corporate-profile/executive-profiles/sona) , head of Canadian personal banking, reported “strong 7% year over year growth in the credit card business” and “good growth both in that line \[Mortgage and HELOC\] as well as in the credit card business.” U.S. retail banking also enjoyed momentum, with core loans up 2% year over year and U.S. bank card balances rising 12% to a new milestone of $3 billion. #### Recommended [![TD Bank app](https://www.pymnts.com/wp-content/uploads/2023/12/TD-Bank.jpg?w=258)\ \ TD Bank Touts ‘Critical’ Digital Efforts Amid Tariff Uncertainties](https://www.pymnts.com/earnings/2025/td-bank-touts-critical-digital-efforts-amid-tariff-uncertainties/ "TD Bank Touts ‘Critical’ Digital Efforts Amid Tariff Uncertainties") 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Initial Estimates") See More In: [banking](https://www.pymnts.com/tag/banking-2/) , [Earnings](https://www.pymnts.com/tag/earnings/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [tariffs](https://www.pymnts.com/tag/tariffs/) , [td bank](https://www.pymnts.com/tag/td-bank/) , [What's Hot](https://www.pymnts.com/tag/whats-hot/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # Instacart Offers Indie Grocers eCommerce Tools With MDI Instacart Offers Indie Grocers eCommerce Tools With MDI Partnership =================================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/news/ecommerce/2025/instacart-offers-indie-grocers-ecommerce-tools-with-mdi-partnership/&t=Instacart+Offers+Indie+Grocers+eCommerce+Tools+With+MDI+Partnership "Share on Facebook") [](https://twitter.com/share?text=Instacart+Offers+Indie+Grocers+eCommerce+Tools+With+MDI+Partnership%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/news/ecommerce/2025/instacart-offers-indie-grocers-ecommerce-tools-with-mdi-partnership/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/news/ecommerce/2025/instacart-offers-indie-grocers-ecommerce-tools-with-mdi-partnership/&title=Instacart+Offers+Indie+Grocers+eCommerce+Tools+With+MDI+Partnership&summary=&source= "Share on LinkedIn") [](mailto:?subject=Instacart%20Offers%20Indie%20Grocers%20eCommerce%20Tools%20With%20MDI%20Partnership&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/news/ecommerce/2025/instacart-offers-indie-grocers-ecommerce-tools-with-mdi-partnership/)  |  ![](https://www.pymnts.com/wp-content/uploads/2024/05/Instacart.jpg?w=768) [Instacart](https://www.instacart.com/)  has launched a partnership with wholesale grocery distributor group [Merchants Distributors](https://www.mdi.com/)  (MDI). 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ This collaboration, [announced](https://investors.instacart.com/news-releases/news-release-details/instacart-partners-mdi-offer-e-commerce-solutions-independent)  Thursday (Aug. 28), is designed to offer Instacart’s eCommerce solutions to MDI’s network of independent grocers. Those grocers, the companies said in a news release, will be able to join the Instacart App to offer customers same-day delivery. The partnership also gives them access to Storefront Pro, Instacart’s eCommerce solution built specifically for grocers. “We’ve long admired MDI and how, for over 90 years, they have supported independent grocers with essential expertise, infrastructure, and scale, so that they can thrive and grow. It’s a privilege to team up with MDI and their retailers to enhance the guest experience with the adoption of Instacart’s platform,” said [Nick Nickitas](https://www.linkedin.com/in/nicknickitas) , general manager of independent grocery and mid-market retail partnerships at Instacart. “Together we’ll empower leading local grocers to deliver a seamless, flexible way to shop while preserving the local connection that sets them apart in the communities they serve.” According to the release, Storefront Pro gives MDI’s independent retailers “advanced customization capabilities” and “robust control” over digital storefronts, including access to data and analytic tools powered by Instacart’s technology to help spot growth opportunities. These grocers also get access to fulfillment technologies and new retail media capabilities [through Instacart’s Carrot Ads](https://www.pymnts.com/tag/instacart-ads/) . Research by PYMNTS Intelligence has found the importance of data tools for grocers. It shows that more than [65% of grocery and retail merchants](https://www.pymnts.com/news/ecommerce/2025/retailers-master-data-readiness-to-deliver-amazon-like-experiences)  lack access to real-time supply chain data, even though more than 7 in 10 say such data is critical for business decisions, underscoring a significant operational blind spot. “The lack of data readiness also impacts a [retailer’s ability to innovate](https://www.pymnts.com/news/retail/2025/65percent-of-grocery-retailers-lack-real-time-supply-chain-data/) , expand their customer base and even manage their supply chains efficiently, leading to potential issues like excess inventory costs,” PYMNTS wrote earlier this year, adding that the research “emphasizes that becoming data-ready requires addressing both organizational silos and technical limitations to not only survive but thrive in an increasingly competitive market.” Meanwhile, Instacart said earlier this month that its shoppers [were ordering more often](https://www.pymnts.com/earnings/2025/instacart-shoppers-downshift-to-value-as-ai-and-merchandising-reshape-behavior/)  — and more carefully — as digital tools reshape how value is presented and perceived on the platform. CEO [Fidji Simo](https://www.linkedin.com/in/fidjisimo)  said the company is seeing “a meaningful shift in consumer behavior,” as order volume increased on weekdays and earlier in the day. “That’s very encouraging in terms of the utility we’re providing,” she told analysts on the earnings call. “Consumers want to feel confident they’re getting good value,” Simo said. “And we’re helping our retail partners deliver that.” #### Recommended [![](https://www.pymnts.com/wp-content/uploads/2024/05/Instacart.jpg?w=258)\ \ Instacart Offers Indie Grocers eCommerce Tools With MDI Partnership](https://www.pymnts.com/news/ecommerce/2025/instacart-offers-indie-grocers-ecommerce-tools-with-mdi-partnership/ "Instacart Offers Indie Grocers eCommerce Tools With MDI Partnership") [![Walgreens](https://www.pymnts.com/wp-content/uploads/2022/06/Walgreens.jpg)\ \ Sycamore Completes Acquisition of Walgreens Boots Alliance, Forms 5 Companies](https://www.pymnts.com/acquisitions/2025/sycamore-completes-acquisition-walgreens-boots-alliance-forms-five-companies/ "Sycamore Completes Acquisition of Walgreens Boots Alliance, Forms 5 Companies") [![TD Bank app](https://www.pymnts.com/wp-content/uploads/2023/12/TD-Bank.jpg?w=258)\ \ TD Bank Touts ‘Critical’ Digital Efforts Amid Tariff Uncertainties](https://www.pymnts.com/earnings/2025/td-bank-touts-critical-digital-efforts-amid-tariff-uncertainties/ "TD Bank Touts ‘Critical’ Digital Efforts Amid Tariff Uncertainties") [![](https://www.pymnts.com/wp-content/uploads/2025/05/cryptocurrency-bitcoin-blockchain.jpg?w=258)\ \ Hemi Raises $15 Million to Help Bitcoin Realize DeFi Potential](https://www.pymnts.com/cryptocurrency/2025/hemi-raises-15-million-dollars-help-bitcoin-realize-defi-potential/ "Hemi Raises $15 Million to Help Bitcoin Realize DeFi Potential") See More In: [ecommerce](https://www.pymnts.com/tag/ecommerce/) , [grocery](https://www.pymnts.com/tag/grocery/) , [Instacart](https://www.pymnts.com/tag/instacart/) , [MDI](https://www.pymnts.com/tag/mdi/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [What's Hot](https://www.pymnts.com/tag/whats-hot/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # Dollar General Bets Big on Stores With Nearly 4,900 Projects Dollar General Bets Big on Stores With Nearly 4,900 Projects in 2025 ==================================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/earnings/2025/dollar-general-bets-big-stores-with-nearly-4900-projects/&t=Dollar+General+Bets+Big+on+Stores+With+Nearly+4%2C900+Projects+in+2025 "Share on Facebook") [](https://twitter.com/share?text=Dollar+General+Bets+Big+on+Stores+With+Nearly+4%2C900+Projects+in+2025%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/earnings/2025/dollar-general-bets-big-stores-with-nearly-4900-projects/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/earnings/2025/dollar-general-bets-big-stores-with-nearly-4900-projects/&title=Dollar+General+Bets+Big+on+Stores+With+Nearly+4%2C900+Projects+in+2025&summary=&source= "Share on LinkedIn") [](mailto:?subject=Dollar%20General%20Bets%20Big%20on%20Stores%20With%20Nearly%204,900%20Projects%20in%202025&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/earnings/2025/dollar-general-bets-big-stores-with-nearly-4900-projects/)  |  ![](https://www.pymnts.com/wp-content/uploads/2023/03/Dollar-General-earnings.jpg?w=768) Highlights Dollar General posted net sales of $10.7 billion and net income of $411 million, beating expectations as value-driven shoppers turned to its stores amid inflationary pressures. The company plans nearly 4,900 real estate projects in fiscal 2025, including 575 new stores, 15 in Mexico, and over 4,200 remodels across its Elevate and Renovate initiatives. Dollar General paused expansion of its high-margin pOpshelf concept but continues investing in digital convenience, including expanded delivery and same-day service. Retail is being rewritten in real time as price-pressured shoppers chase value. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ [Dollar General](https://www.dollargeneral.com/) said during its Thursday (Aug. 28) second-quarter 2025 [earnings](https://investor.dollargeneral.com/) call that its business model is finely tuned to these shifting consumer dynamics. “We are pleased with our strong second-quarter results, including earnings growth that significantly exceeded our expectations,” Dollar General CEO [Todd Vasos](http://linkedin.com/in/todd-vasos-98245613) said in a Thursday [press release](https://investor.dollargeneral.com/news-detail/dollar-general-corporation-reports-second-quarter-2025-results/05912fa8-67d8-470a-9170-68df7e2f2b5a) . “Our improved execution, along with our progress advancing key initiatives, is resonating with both existing and new customers as we further enhance our value and convenience proposition.” For the 13 weeks ended Aug. 1, Dollar General reported net sales of $10.7 billion, a 5.1% increase from $10.2 billion in Q2 2024. Net income reached $411 million, up 10% from $374 million in Q2 2024. While traditionally serving lower-income households, Dollar General increasingly attracts middle- and high-income shoppers trading down amid rising costs and seeking bargain alternatives for routine needs. **Read also:** [As Households Stretch Paychecks, Off-Price Retail Stretches Profits](https://www.pymnts.com/news/retail/2025/earnings-season-reveals-winners-and-stragglers-across-retails-off-price-arena/) **The Dollar General Real Estate Engine** ----------------------------------------- For fiscal 2025, the company expects approximately 4,885 real estate projects, including 575 new stores in the United States and up to 15 in Mexico, the release said. Nearly 4,250 remodels will be completed across the two major initiatives. This level of construction and remodeling is unmatched in the U.S. discount sector and reflects Dollar General’s conviction that small-box convenience remains a durable retail format even in an age of eCommerce and big-box consolidation. In the three-month period representing Q2, the company opened 204 new stores, remodeled 729 locations under “Project Elevate,” remodeled 592 more under “Project Renovate,” and relocated 15 stores, the release said. Projects Elevate and Renovate are not merely cosmetic. [Elevate](https://finance.yahoo.com/news/project-elevate-keep-driving-same-150400419.html) is designed as a partial remodel that refreshes merchandising, reduces maintenance costs and enhances customer experience. [Renovate](https://finance.yahoo.com/news/dollar-general-quietly-winning-remodel-135300384.html) involves full remodels that upgrade layouts, product selections and equipment. Both are intended to improve the balance between the company’s low-margin, high-traffic consumable goods and its high-margin, non-consumable goods. **See also:** [Discounts Lure High-Income Customers to Dollar Stores](https://www.pymnts.com/news/retail/2025/discounts-lure-high-income-customers-to-dollar-stores/) **Navigating the Consumer Landscape** ------------------------------------- Dollar General’s management commentary on Thursday’s earnings call illustrated the precarious environment its shoppers face. The company’s core customers are disproportionately affected by inflation, higher rent and energy costs, and resumed student loan repayments. While food and household goods sales have held up, discretionary spending in seasonal, home and apparel categories remains pressured. The sales mix underscores this tension. Consumables accounted for more than 82% of sales in Q2, rising 5% year over year to $8.82 billion, per the press release. Seasonal and home products grew more modestly, while apparel posted only slight gains. The heavy weighting toward consumables secures traffic but dampens gross margin expansion. PYMNTS Intelligence’s July [Paycheck-to-Paycheck](https://www.pymnts.com/study_posts/the-adjustable-rate-reckoning-how-homeownership-is-pushing-millions-paycheck-to-paycheck/) research showed that 78% of low-income households, defined as those earning less than $50,000 a year, and 66% of middle-income households, defined as those earning between roughly $50,000 and $100,000 a year, said they were living paycheck to paycheck in June. Perhaps the most telling shift in strategy involves [Popshelf](https://www.popshelf.com/) , Dollar General’s relatively new retail concept aimed at high-margin categories like home décor, beauty and seasonal goods. Originally envisioned as a growth vector, pOpshelf has faced headwinds in the current environment. In Q2, the company operated 180 standalone locations, but it has paused new openings in 2025, Business Back [reported](https://thebusinessback.com/is-popshelf-going-out-of-business/) Sunday (Aug. 24). Some Popshelf sites are being converted back to Dollar General stores. Despite its brick-and-mortar foundation, Dollar General continues to invest in digital channels. The company [partnered](https://investor.uber.com/news-events/news/press-release-details/2025/Dollar-General-and-Uber-Eats-Partner-to-Deliver-Household-Essentials-Nationwide/default.aspx) with [Uber Eats](https://www.ubereats.com/) this month to deliver household essentials. In September 2024, it launched same-day home delivery via its own app and website in select markets. That service is rolling out more broadly in 2025, positioning Dollar General to compete for convenience with grocery delivery providers and [Walmart](https://www.walmart.com/) ’s expansive online network. Research by PYMNTS Intelligence has tracked the impact of tariffs on consumers throughout the spring and summer. For example, the June report, “[Stock Out. The Impact of Tariffs on Consumer Product Prices and Availability](https://www.pymnts.com/study_posts/stock-out-the-impact-of-tariffs-on-consumer-product-prices-and-availability/) ,” showed 47% of U.S. shoppers said they could not find or afford everyday items because [tariffs](https://www.pymnts.com/economy/2025/tariff-driven-price-hikes-rarer-among-consumer-brands/) led to supply chain disruptions or higher price tags. #### Recommended [![](https://www.pymnts.com/wp-content/uploads/2023/03/Dollar-General-earnings.jpg)\ \ Dollar General Bets Big on Stores With Nearly 4,900 Projects in 2025](https://www.pymnts.com/earnings/2025/dollar-general-bets-big-stores-with-nearly-4900-projects/ "Dollar General Bets Big on Stores With Nearly 4,900 Projects in 2025") [![stablecoins](https://www.pymnts.com/wp-content/uploads/2022/06/stablecoins-2.jpg)\ \ M0 Raises $40 Million for Stablecoin Infrastructure Platform](https://www.pymnts.com/cryptocurrency/2025/m0-raises-40-million-for-stablecoin-infrastructure-platform/ "M0 Raises $40 Million for Stablecoin Infrastructure Platform") [![tech unicorn concept](https://www.pymnts.com/wp-content/uploads/2025/08/Europe-unicorn-startups.png?w=258)\ \ Europe Produces 12 ‘Unicorn’ Startups Thus Far in 2025](https://www.pymnts.com/startups/2025/europe-produces-12-unicorn-startups-thus-far-in-2025/ "Europe Produces 12 ‘Unicorn’ Startups Thus Far in 2025") [![Rain](https://www.pymnts.com/wp-content/uploads/2025/05/Rain.png?w=258)\ \ Rain Raises $58 Million to Expand Global Stablecoin Infrastructure Platform](https://www.pymnts.com/cryptocurrency/2025/rain-raises-58-million-dollars-expand-global-stablecoin-infrastructure-platform/ "Rain Raises $58 Million to Expand Global Stablecoin Infrastructure Platform") See More In: [Consumer Spending](https://www.pymnts.com/tag/consumer-spending/) , [Dollar General](https://www.pymnts.com/tag/dollar-general/) , [Earnings](https://www.pymnts.com/tag/earnings/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [real estate](https://www.pymnts.com/tag/real-estate/) , [Retail](https://www.pymnts.com/tag/retail/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # M0 Raises $40 Million for Stablecoin Infrastructure Platform M0 Raises $40 Million for Stablecoin Infrastructure Platform ============================================================ By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/cryptocurrency/2025/m0-raises-40-million-for-stablecoin-infrastructure-platform/&t=M0+Raises+%2440+Million+for+Stablecoin+Infrastructure+Platform "Share on Facebook") [](https://twitter.com/share?text=M0+Raises+%2440+Million+for+Stablecoin+Infrastructure+Platform%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/cryptocurrency/2025/m0-raises-40-million-for-stablecoin-infrastructure-platform/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/cryptocurrency/2025/m0-raises-40-million-for-stablecoin-infrastructure-platform/&title=M0+Raises+%2440+Million+for+Stablecoin+Infrastructure+Platform&summary=&source= "Share on LinkedIn") [](mailto:?subject=M0%20Raises%20$40%20Million%20for%20Stablecoin%20Infrastructure%20Platform&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/cryptocurrency/2025/m0-raises-40-million-for-stablecoin-infrastructure-platform/)  |  ![stablecoins](https://www.pymnts.com/wp-content/uploads/2022/06/stablecoins-2.jpg?w=768) [M0](https://www.m0.org/)  has raised $40 million for its platform, which lets crypto apps and protocols create application-specific stablecoins. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ The company’s Series B round, announced Thursday (Aug. 28) in a news release provided to PYMNTS, was led by [Polychain Capital](https://polychain.capital/) , [Ribbit Capital](https://www.ribbitcap.com/) and [Endeavor Catalyst Fund](https://endeavor.org/catalyst/) , as well as existing investors including [Road Capital](https://roadcapitalmgmt.com/) , [Pantera](https://panteracapital.com/) and [Bain Capital Crypto](https://baincapitalcrypto.com/) . Founded in 2023, M0’s leadership is made up of veterans from crypto firms such as MakerDAO and Circle. The company says it takes a “first-principles approach” to redefining stablecoin infrastructure. “Rather than offering a single branded stablecoin under a centralized issuer model, M0 provides the foundational rails to launch application-specific digital dollars that are customizable, interoperable, fully onchain, and managed by a network of issuers,” the release said. “M0 separates stablecoin reserve management from programmability. Regulated entities connect to the platform to hold and manage reserves, while developers use the platform to control how their stablecoins function: defining who can mint, hold, transfer, while tailoring new revenue streams and loyalty opportunities.” According to the release, the platform is designed so that each dollar issued on it operates on a common layer, unifying liquidity across the ecosystem even as new, specialized stablecoins emerge. [Luca Prosperi](https://x.com/lucaprosperi?lang=en) , co-founder and CEO of M0, said the company’s goal is to help FinTechs control the digital dollar stacks they utilize. “Builders want the ability to customize the technology, they want choice over their issuance options, and they want interoperability and unified liquidity,” he said. “Centralized issuance and simple white-labeling models are far from enough. M0 has opted for a first-principles design that delivers precisely on what builders need.” The funding announcement comes one week after M0 teamed with Stripe-owned stablecoin issuance platform [Bridge](https://www.bridgebase.com/)  to help [MetaMask](https://metamask.io/)  [launch its own stablecoin](https://www.pymnts.com/cryptocurrency/2025/metamask-debuts-stablecoin-partnership-with-stripe-bridge/) . In other stablecoin news, PYMNTS wrote earlier this week about the troubles that finance officers, treasurers, and payments executives have with embracing the digital currencies. These headaches include the “[messy and fragmented](https://www.pymnts.com/cryptocurrency/2025/the-stablecoin-debate-for-cfos-isnt-around-yield-its-around-plumbing/) ” infrastructure underpinning stablecoins, including the proliferation of blockchains, the lack of interoperability between wallets, and the absence of common settlement rails. “Unlike dollars in the bank, stablecoins don’t sit neatly in one place,” that report said. “They’re scattered across competing blockchains, wallets and exchanges, each with their own technical quirks and settlement rules. For treasurers, that can [create friction](https://www.pymnts.com/cryptocurrency/2025/stablecoins-get-a-seat-in-the-c-suite/)  in the very efficiency story stablecoins are supposed to deliver.” #### Recommended [![stablecoins](https://www.pymnts.com/wp-content/uploads/2022/06/stablecoins-2.jpg)\ \ M0 Raises $40 Million for Stablecoin Infrastructure Platform](https://www.pymnts.com/cryptocurrency/2025/m0-raises-40-million-for-stablecoin-infrastructure-platform/ "M0 Raises $40 Million for Stablecoin Infrastructure Platform") [![tech unicorn concept](https://www.pymnts.com/wp-content/uploads/2025/08/Europe-unicorn-startups.png?w=258)\ \ Europe Produces 12 ‘Unicorn’ Startups Thus Far in 2025](https://www.pymnts.com/startups/2025/europe-produces-12-unicorn-startups-thus-far-in-2025/ "Europe Produces 12 ‘Unicorn’ Startups Thus Far in 2025") [![Rain](https://www.pymnts.com/wp-content/uploads/2025/05/Rain.png?w=258)\ \ Rain Raises $58 Million to Expand Global Stablecoin Infrastructure Platform](https://www.pymnts.com/cryptocurrency/2025/rain-raises-58-million-dollars-expand-global-stablecoin-infrastructure-platform/ "Rain Raises $58 Million to Expand Global Stablecoin Infrastructure Platform") [![Aurelian](https://www.pymnts.com/wp-content/uploads/2025/08/Aurelian.jpg?w=258)\ \ Aurelilan Raises $14 Million for AI That Fields Non-Emergency 911 Calls](https://www.pymnts.com/news/artificial-intelligence/2025/aurelian-raises-14-million-dollars-ai-that-fields-non-emergency-911-calls/ "Aurelilan Raises $14 Million for AI That Fields Non-Emergency 911 Calls") See More In: [Cryptocurrency](https://www.pymnts.com/tag/cryptocurrency/) , [funding](https://www.pymnts.com/tag/funding/) , [Investments](https://www.pymnts.com/tag/investments/) , [M0](https://www.pymnts.com/tag/m0/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [stablecoins](https://www.pymnts.com/tag/stablecoins/) , [What's Hot](https://www.pymnts.com/tag/whats-hot/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # Taco Bell Reconsiders Voice AI After Seeing Mixed Results Taco Bell Reconsiders Voice AI After Seeing Mixed Results ========================================================= By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/artificial-intelligence-2/2025/taco-bell-reconsiders-voice-ai-after-seeing-mixed-results/&t=Taco+Bell+Reconsiders+Voice+AI+After+Seeing+Mixed+Results "Share on Facebook") [](https://twitter.com/share?text=Taco+Bell+Reconsiders+Voice+AI+After+Seeing+Mixed+Results%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/artificial-intelligence-2/2025/taco-bell-reconsiders-voice-ai-after-seeing-mixed-results/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/artificial-intelligence-2/2025/taco-bell-reconsiders-voice-ai-after-seeing-mixed-results/&title=Taco+Bell+Reconsiders+Voice+AI+After+Seeing+Mixed+Results&summary=&source= "Share on LinkedIn") [](mailto:?subject=Taco%20Bell%20Reconsiders%20Voice%20AI%20After%20Seeing%20Mixed%20Results&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/artificial-intelligence-2/2025/taco-bell-reconsiders-voice-ai-after-seeing-mixed-results/)  |  ![Taco Bell](https://www.pymnts.com/wp-content/uploads/2022/09/Taco-Bell.jpg?w=768) [Taco Bell](https://www.tacobell.com/) is reportedly rethinking how it deploys voice artificial intelligence (AI) in its drive-through locations. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ After adding the technology to take orders at more than 500 locations, the company found that some customers have complained about glitches in it, felt uncomfortable with it, or played practical jokes on it, like ordering 18,000 cups of water, the Wall Street Journal [reported](https://www.wsj.com/articles/taco-bell-rethinks-future-of-voice-ai-at-the-drive-through-72990b5a?mod=tech_lead_story) Thursday (Aug. 28). Taco Bell Chief Digital and Technology Officer [Dane Mathews](https://www.linkedin.com/in/dane-k-mathews-6510581) told the WSJ, per the report, that the company is learning a lot from this deployment, has had good and bad experiences with it, and is now considering which tasks voice AI can handle and which ones require human staff. “I can tell you it’s a very active conversation inside Taco Bell in partnership with our franchisees,” Mathews said in the report. “I think at the end of the day, it’s really, really early. And we feel that. And I think other brands feel that, too.” According to the report, [McDonald’s](https://www.mcdonalds.com/us/en-us.html) ended a voice AI experiment with [IBM](https://www.ibm.com/us-en) and is now working on one with [Google Cloud](https://cloud.google.com/) ; [Wendy’s](https://www.wendys.com/) is expanding its use of an AI assistant built with Google technology; and Taco Bell parent company [Yum! Brands](https://www.yum.com/wps/portal/yumbrands/Yumbrands/) has been working on voice AI for years and announced a partnership with [Nvidia](https://www.nvidia.com/en-us/) in March. PYMNTS reported in June 2024 that McDonald’s ended its partnership with IBM to develop an AI-powered [drive-through](https://www.pymnts.com/artificial-intelligence-2/2024/mcdonalds-stops-drive-thru-ai-chatbot-tests-for-now-as-voice-economy-grows/)  system after two years of testing and was removing the technology from more than 100 restaurants. A McDonald’s spokesperson told PYMNTS at the time: “Through our partnership with IBM, we have captured many learnings and feel there is an opportunity to explore voice ordering solutions more broadly. After thoughtful review, McDonald’s has decided to end our current global partnership with IBM on AOT beyond this year. IBM remains a trusted partner and we will still utilize many of their products across our global System.” When Taco Bell began its deployment of AI for order-taking, PYMNTS reported that the company was joining a growing cadre of [quick service restaurants](https://www.pymnts.com/artificial-intelligence-2/2024/taco-bell-goes-all-in-on-ai-drive-thrus-as-mcdonalds-steps-back/) , traditional restaurants and delivery services that were testing the technology to streamline the ordering process. #### Recommended [![Taco Bell](https://www.pymnts.com/wp-content/uploads/2022/09/Taco-Bell.jpg)\ \ Taco Bell Reconsiders Voice AI After Seeing Mixed Results](https://www.pymnts.com/artificial-intelligence-2/2025/taco-bell-reconsiders-voice-ai-after-seeing-mixed-results/ "Taco Bell Reconsiders Voice AI After Seeing Mixed Results") [![](https://www.pymnts.com/wp-content/uploads/2024/05/Instacart.jpg?w=258)\ \ Instacart Offers Indie Grocers eCommerce Tools With MDI Partnership](https://www.pymnts.com/news/ecommerce/2025/instacart-offers-indie-grocers-ecommerce-tools-with-mdi-partnership/ "Instacart Offers Indie Grocers eCommerce Tools With MDI Partnership") [![Walgreens](https://www.pymnts.com/wp-content/uploads/2022/06/Walgreens.jpg)\ \ Sycamore Completes Acquisition of Walgreens Boots Alliance, Forms 5 Companies](https://www.pymnts.com/acquisitions/2025/sycamore-completes-acquisition-walgreens-boots-alliance-forms-five-companies/ "Sycamore Completes Acquisition of Walgreens Boots Alliance, Forms 5 Companies") [![TD Bank app](https://www.pymnts.com/wp-content/uploads/2023/12/TD-Bank.jpg?w=258)\ \ TD Bank Touts ‘Critical’ Digital Efforts Amid Tariff Uncertainties](https://www.pymnts.com/earnings/2025/td-bank-touts-critical-digital-efforts-amid-tariff-uncertainties/ "TD Bank Touts ‘Critical’ Digital Efforts Amid Tariff Uncertainties") See More In: [Editor's Picks](https://www.pymnts.com/tag/editors-picks/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [QSR](https://www.pymnts.com/tag/qsr/) , [Restaurants](https://www.pymnts.com/tag/restaurants/) , [Taco Bell](https://www.pymnts.com/tag/taco-bell/) , [Voice AI](https://www.pymnts.com/tag/voice-ai/) , [What's Hot](https://www.pymnts.com/tag/whats-hot/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative 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Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # Rain Raises $58M to Expand Global Stablecoin Infrastructure Rain Raises $58 Million to Expand Global Stablecoin Infrastructure Platform =========================================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/cryptocurrency/2025/rain-raises-58-million-dollars-expand-global-stablecoin-infrastructure-platform/&t=Rain+Raises+%2458+Million+to+Expand+Global+Stablecoin+Infrastructure+Platform "Share on Facebook") [](https://twitter.com/share?text=Rain+Raises+%2458+Million+to+Expand+Global+Stablecoin+Infrastructure+Platform%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/cryptocurrency/2025/rain-raises-58-million-dollars-expand-global-stablecoin-infrastructure-platform/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/cryptocurrency/2025/rain-raises-58-million-dollars-expand-global-stablecoin-infrastructure-platform/&title=Rain+Raises+%2458+Million+to+Expand+Global+Stablecoin+Infrastructure+Platform&summary=&source= "Share on LinkedIn") [](mailto:?subject=Rain%20Raises%20$58%20Million%20to%20Expand%20Global%20Stablecoin%20Infrastructure%20Platform&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/cryptocurrency/2025/rain-raises-58-million-dollars-expand-global-stablecoin-infrastructure-platform/)  |  ![Rain](https://www.pymnts.com/wp-content/uploads/2025/05/Rain.png?w=768) [Rain](https://www.rain.xyz/) raised $58 million in a Series B funding round to expand its global stablecoin infrastructure platform and services. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ The company’s technology is used by enterprises, neobanks, platforms and developers to move, store and use stablecoins instantly and compliantly through global payment cards, on/offramps, wallets and cross-border rails, according to a Thursday (Aug. 28) [press release](https://www.prnewswire.com/news-releases/rain-raises-58m-series-b-led-by-sapphire-ventures-to-become-the-enterprise-stablecoin-platform-of-record-302540587.html) . The latest fundraise came five months after Rain’s Series A and brings the company’s total funding to $88.5 million, the release said. The Series B also came at a time when enterprise interest in stablecoins has surged after the passage of the [GENIUS Act](https://www.pymnts.com/cryptocurrency/2025/trump-signs-genius-bill-as-private-stablecoins-corner-cbdcs-in-digital-dollar-race/) in the United States and the Markets in Crypto-Assets Regulation ([MiCA](https://www.esma.europa.eu/esmas-activities/digital-finance-and-innovation/markets-crypto-assets-regulation-mica) ) framework in Europe, per the release. “Stablecoins are shifting to the backbone of global commerce,” Rain CEO and co-founder [Farooq Malik](https://www.linkedin.com/in/fhmalik/) said in the release. [Jai Das](https://www.linkedin.com/in/jaidas) , president and partner at [Sapphire Ventures](https://sapphireventures.com/) , which led the funding round, said in the release that Rain is working to “redefine the future of payments.” “Stablecoins have scaled to hundreds of billions in circulation, but until now, they couldn’t be easily spent,” Das said. “Rain is working to fix that by connecting stablecoins to Visa’s global network, turning them into money you can actually use for everyday commerce.” Rain is a [Visa](https://usa.visa.com/) principal member, enabling it to issue cards that work anywhere Visa is accepted, per the release. The company announced in May that it joined Visa’s pilot program for [stablecoin settlement](https://www.pymnts.com/cryptocurrency/2025/rain-joins-visa-pilot-program-stablecoin-settlement/) and that by fully tokenizing its credit card receivables and transitioning all settlement transactions for its Visa cards to the [USDC](https://www.usdc.com/) stablecoin, it can conduct settlement seven days a week, 365 days a year. “USDC settlement allows us to be more capital efficient — helping to reduce the need for collateral while providing our counterparties the same level of protection,” Malik said at the time in a press release. Rain also announced in May that it expanded to support three more ecosystems, [Solana](https://solana.com/) , [Tron](https://tron.network/) and [Stellar](https://stellar.org/) , to enable its partners to launch [stablecoin-powered card programs](https://www.newswire.ca/news-releases/rain-expands-support-to-solana-tron-and-stellar-enabling-more-partners-to-launch-stablecoin-powered-card-programs-806388772.html) across more blockchains. With these integrations, Rain said it can help its partners use stablecoins for consumer and B2B spending, cross-border disbursements and platform payouts. _For all PYMNTS B2B coverage, subscribe to the daily_ [_B2B Newsletter_](https://pymnts.com/subscribe/) _._ #### Recommended [![Rain](https://www.pymnts.com/wp-content/uploads/2025/05/Rain.png?w=258)\ \ Rain Raises $58 Million to Expand Global Stablecoin Infrastructure Platform](https://www.pymnts.com/cryptocurrency/2025/rain-raises-58-million-dollars-expand-global-stablecoin-infrastructure-platform/ "Rain Raises $58 Million to Expand Global Stablecoin Infrastructure Platform") [![Aurelian](https://www.pymnts.com/wp-content/uploads/2025/08/Aurelian.jpg?w=258)\ \ Aurelilan Raises $14 Million for AI That Fields Non-Emergency 911 Calls](https://www.pymnts.com/news/artificial-intelligence/2025/aurelian-raises-14-million-dollars-ai-that-fields-non-emergency-911-calls/ "Aurelilan Raises $14 Million for AI That Fields Non-Emergency 911 Calls") [![](https://www.pymnts.com/wp-content/uploads/2025/08/NFL-and-AI-1.png?w=258)\ \ How the NFL Is Leveling Up With AI for Game Day and Beyond](https://www.pymnts.com/artificial-intelligence-2/2025/how-the-nfl-is-leveling-up-with-ai-for-game-day-and-beyond/ "How the NFL Is Leveling Up With AI for Game Day and Beyond") [![](https://www.pymnts.com/wp-content/uploads/2024/07/Revolut-1.jpg?w=258)\ \ Revolut Considers Hiring Advisers on US Banking Acquisition](https://www.pymnts.com/news/banking/2025/revolut-considers-hiring-advisers-on-us-banking-acquisition/ "Revolut Considers Hiring Advisers on US Banking Acquisition") See More In: [B2B](https://www.pymnts.com/tag/b2b/) , [B2B Payments](https://www.pymnts.com/tag/b2b-payments/) , [Cryptocurrency](https://www.pymnts.com/tag/cryptocurrency/) , [funding](https://www.pymnts.com/tag/funding/) , [Investments](https://www.pymnts.com/tag/investments/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [Rain](https://www.pymnts.com/tag/rain/) , [stablecoins](https://www.pymnts.com/tag/stablecoins/) , [What's Hot](https://www.pymnts.com/tag/whats-hot/) , [What's Hot In B2B](https://www.pymnts.com/tag/whats-hot-in-b2b/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # Europe Produces 12 ‘Unicorn’ Startups Thus Far in 2025 Europe Produces 12 ‘Unicorn’ Startups Thus Far in 2025 ====================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/startups/2025/europe-produces-12-unicorn-startups-thus-far-in-2025/&t=Europe+Produces+12+%E2%80%98Unicorn%E2%80%99+Startups+Thus+Far+in+2025 "Share on Facebook") [](https://twitter.com/share?text=Europe+Produces+12+%E2%80%98Unicorn%E2%80%99+Startups+Thus+Far+in+2025%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/startups/2025/europe-produces-12-unicorn-startups-thus-far-in-2025/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/startups/2025/europe-produces-12-unicorn-startups-thus-far-in-2025/&title=Europe+Produces+12+%E2%80%98Unicorn%E2%80%99+Startups+Thus+Far+in+2025&summary=&source= "Share on LinkedIn") [](mailto:?subject=Europe%20Produces%2012%20%E2%80%98Unicorn%E2%80%99%20Startups%20Thus%20Far%20in%202025&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/startups/2025/europe-produces-12-unicorn-startups-thus-far-in-2025/)  |  ![tech unicorn concept](https://www.pymnts.com/wp-content/uploads/2025/08/Europe-unicorn-startups.png?w=768) How many new “unicorns” will Europe produce for the remainder of 2025? 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ If the first six months of the year is any indication, it [could be in the dozens](https://techcrunch.com/2025/08/28/more-than-10-european-startups-became-unicorns-this-year/) , TechCrunch wrote Thursday (Aug. 28). As that report notes, “mega-rounds” aren’t as prevalent these days as they were in 2021. Still, at least 12 European startups have reached “unicorn” status so far this year, meaning that they achieved valuations of more than $1 billion, which bodes well for the rest of the year. The report also contends that the funding trends so far this year provide a good indication of the sectors popular among investors, including biotech, defense technology and especially artificial intelligence (AI). Among the startups to pass the $1 billion mark was “[vibe coding](https://www.pymnts.com/artificial-intelligence-2/2025/report-vibe-coding-startup-lovable-in-talks-to-raise-100-million/) ” company [Lovable](https://lovable.dev/) , which raised $200 million in July at a $1.8 billion valuation. As PYMNTS has written, “vibe coding” is a new, more intuitive way for people to write computer code using natural language, as if having a conversation with a friend. Rather than writing complex code in a particular syntax, users [simply describe](https://www.pymnts.com/artificial-intelligence-2/2025/ai-coding-assistants-give-tech-powers-to-small-businesses/)  what they want the software program to do, and an AI model helps turn that into working code. In June, [Zama](https://www.zama.ai/)  raised $57 million in a Series B funding round at a $1 billion valuation to expand its end-to-end [encryption solutions](https://www.pymnts.com/news/investment-tracker/2025/zama-raises-57-million-for-end-to-end-encryption-solution-for-blockchains/)  for public blockchains. The company said it plans to use the funds to support its mainnet launch, ecosystem adoption and research efforts to make financial transactions built with Fully Homomorphic Encryption (FHE) scale to thousands of transactions per second. FHE allows data processing without decryption, maintaining encryption during both transit and processing, which means “all online activities can now be truly end-to-end encrypted,” the company said in an article on its website. And in April, [Isomorphic Labs](https://www.isomorphiclabs.com/) , a drug development AI startup founded by Google DeepMind Co-founder and CEO [Demis Hassabis](https://uk.linkedin.com/in/demishassabis)  raised $600 million in its first external funding round. While the company did not disclose its valuation, the TechCrunch report notes that the size of the round places the startup “firmly” inside unicorn territory. Isomorphic Labs uses advanced AI models to accelerate drug discovery in different therapeutic areas. The company was  built on AlphaFold, which won Hassabis a Nobel Prize for predicting the structure of virtually all known proteins, “solving a [half-century biology challenge](https://www.pymnts.com/artificial-intelligence-2/2025/ai-startups-google-deepmind-ceos-startup-raises-600-million/) ,” as PYMNTS wrote at the time. #### Recommended [![tech unicorn concept](https://www.pymnts.com/wp-content/uploads/2025/08/Europe-unicorn-startups.png?w=258)\ \ Europe Produces 12 ‘Unicorn’ Startups Thus Far in 2025](https://www.pymnts.com/startups/2025/europe-produces-12-unicorn-startups-thus-far-in-2025/ "Europe Produces 12 ‘Unicorn’ Startups Thus Far in 2025") [![Rain](https://www.pymnts.com/wp-content/uploads/2025/05/Rain.png?w=258)\ \ Rain Raises $58 Million to Expand Global Stablecoin Infrastructure Platform](https://www.pymnts.com/cryptocurrency/2025/rain-raises-58-million-dollars-expand-global-stablecoin-infrastructure-platform/ "Rain Raises $58 Million to Expand Global Stablecoin Infrastructure Platform") [![Aurelian](https://www.pymnts.com/wp-content/uploads/2025/08/Aurelian.jpg?w=258)\ \ Aurelilan Raises $14 Million for AI That Fields Non-Emergency 911 Calls](https://www.pymnts.com/news/artificial-intelligence/2025/aurelian-raises-14-million-dollars-ai-that-fields-non-emergency-911-calls/ "Aurelilan Raises $14 Million for AI That Fields Non-Emergency 911 Calls") [![](https://www.pymnts.com/wp-content/uploads/2025/08/NFL-and-AI-1.png?w=258)\ \ How the NFL Is Leveling Up With AI for Game Day and Beyond](https://www.pymnts.com/artificial-intelligence-2/2025/how-the-nfl-is-leveling-up-with-ai-for-game-day-and-beyond/ "How the NFL Is Leveling Up With AI for Game Day and Beyond") See More In: [funding](https://www.pymnts.com/tag/funding/) , [Investments](https://www.pymnts.com/tag/investments/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [startups](https://www.pymnts.com/tag/startups/) , [unicorns](https://www.pymnts.com/tag/unicorns/) , [What's Hot](https://www.pymnts.com/tag/whats-hot/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # TransUnion Data Breach Hits 4.4 Million Customers TransUnion Data Breach Hits 4.4 Million Customers ================================================= By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/cybersecurity/2025/transunion-data-breach-hits-4-4-million-customers/&t=TransUnion+Data+Breach+Hits+4.4+Million+Customers "Share on Facebook") [](https://twitter.com/share?text=TransUnion+Data+Breach+Hits+4.4+Million+Customers%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/cybersecurity/2025/transunion-data-breach-hits-4-4-million-customers/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/cybersecurity/2025/transunion-data-breach-hits-4-4-million-customers/&title=TransUnion+Data+Breach+Hits+4.4+Million+Customers&summary=&source= "Share on LinkedIn") [](mailto:?subject=TransUnion%20Data%20Breach%20Hits%204.4%20Million%20Customers&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/cybersecurity/2025/transunion-data-breach-hits-4-4-million-customers/)  |  ![TransUnion](https://www.pymnts.com/wp-content/uploads/2023/04/TransUnion.jpg?w=768) [TransUnion](https://www.transunion.com/) said a third-party data breach affected more than 4.4 million customers. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ The credit reporting agency revealed the breach in a [filing](https://www.maine.gov/agviewer/content/ag/985235c7-cb95-4be2-8792-a1252b4f8318/3dcd9b7c-bce3-4685-bffd-f728ce96e2fd.html?7194ef805fa2d04b0f7e8c9521f97343) with the Maine’s attorney general’s office on Thursday (Aug. 28). The company said the breach on July 28 involved unauthorized access of a third-party application that contained customers’ personal data for its U.S. consumer support operations. The incident was discovered July 30. “The information was limited to specific data elements and did not include credit reports or core credit information,” the company wrote, but did not specify what types of data were involved. A [report](https://techcrunch.com/2025/08/28/transunion-says-hackers-stole-4-4-million-customers-personal-information/) on the breach by TechCrunch said a company spokesperson declined to answer questions about the company’s data breach, or reveal what types of customers’ personally identifiable information were stolen. However, the same report noted that in a separate data breach disclosure filed Thursday with Texas’ attorney general’s office, TransUnion said that the stolen personal information included customers’ names, birthdates and Social Security numbers. The breach follows a series of cybersecurity incidents at big companies involving [third-party vendors](https://www.pymnts.com/cybersecurity/2025/30percent-of-data-breaches-involve-victims-third-party-suppliers-and-vendors/) . For example, firms such as [Google](https://www.google.com/) , [Cisco](https://www.cisco.com/) and [Workday](https://www.workday.com/) have also seen [thefts of customer data](https://www.pymnts.com/cybersecurity/2025/google-says-hackers-stole-customer-info-in-salesforce-data-breach/) kept on [Salesforce](https://www.salesforce.com/) ’s cloud recently. As PYMNTS noted in a report earlier this week, events like this are “a stark reminder of a hard truth: sometimes, the weakest link in a company’s cybersecurity defenses isn’t the company itself, but a trusted vendor.” Data from PYMNTS Intelligence in the August edition of The 2025 Certainty Project report, [“Vendors and Vulnerabilities: The Cyberattack Squeeze on Mid-Market Firms”](https://www.pymnts.com/study_posts/vendors-and-vulnerabilities-the-cyberattack-squeeze-on-mid-market-firms/) reveals that for mid-market firms, this presents both a structural challenge and a strategic paradox. “These firms depend on vendors for efficiency, innovation and scale, yet that very reliance [multiplies their attack surface](https://www.pymnts.com/cybersecurity/2025/when-partners-become-cybersecurity-risks/) ,” PYMNTS wrote. “Frequently, attackers compromise a vendor first, then use the trust relationship to infiltrate their target firm. This creates what cybersecurity analysts call the vendor vulnerability paradox: the more deeply firms integrate third-party partners, the more exposed they become.” Attackers recognize how vulnerable these companies can be, and “play the long game,” the report added, targeting a single vendor instead of attacking dozens of mid-sized companies. The research found that 38% of fake invoice scams stemmed from vendor or supplier compromise, while 43% of [phishing incidents](https://www.pymnts.com/fraud-attack/2025/ai-fuels-reported-rise-in-polished-phishing-scams/) were tied to third-party breaches. “What makes these attacks effective isn’t sophisticated code but basic psychology,” PYMNTS wrote. “Cybercriminals exploit trust, urgency and authority to trick employees into authorizing payments or disclosing credentials. As artificial intelligence tools make phishing emails more convincing and [deepfake audio](https://www.pymnts.com/artificial-intelligence-2/2024/id-rd-unveils-ai-tool-to-spot-voice-deepfakes/) more accessible, the manipulation is becoming harder to detect.” #### Recommended [![TransUnion](https://www.pymnts.com/wp-content/uploads/2023/04/TransUnion.jpg)\ \ TransUnion Data Breach Hits 4.4 Million Customers](https://www.pymnts.com/cybersecurity/2025/transunion-data-breach-hits-4-4-million-customers/ "TransUnion Data Breach Hits 4.4 Million Customers") [![Infosys building](https://www.pymnts.com/wp-content/uploads/2025/08/Infosys-Finacle-Mastercard-Move.png?w=258)\ \ Infosys Finacle Integrates Mastercard Move Into Digital Banking Solution](https://www.pymnts.com/news/digital-banking/2025/infosys-finacle-integrates-mastercard-move-into-digital-banking-solution/ "Infosys Finacle Integrates Mastercard Move Into Digital Banking Solution") [![Amazon, Walmart Lean Into Platform Plays to Navigate Uncertainty](https://www.pymnts.com/wp-content/uploads/2025/08/Amazon-Walmart-retail-uncertainty.jpg?w=258)\ \ Amazon and Walmart Lean Into Platform Plays to Navigate Uncertainty](https://www.pymnts.com/news/retail/2025/amazon-walmart-lean-into-platform-plays-navigate-uncertainty/ "Amazon and Walmart Lean Into Platform Plays to Navigate Uncertainty") [![Dick’s Sporting Goods](https://www.pymnts.com/wp-content/uploads/2023/02/Dicks-Sporting-Goods.jpg)\ \ Dick’s Sporting Goods CEO Sees ‘No Slowdown’ With Consumer Spending](https://www.pymnts.com/earnings/2025/dicks-sporting-goods-ceo-sees-no-slowdown-with-consumer-spending/ "Dick’s Sporting Goods CEO Sees ‘No Slowdown’ With Consumer Spending") See More In: [cyberattacks](https://www.pymnts.com/tag/cyberattacks/) , [Data Breaches](https://www.pymnts.com/tag/data-breaches/) , [data security](https://www.pymnts.com/tag/data-security/) , [Hackers](https://www.pymnts.com/tag/hackers/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [TransUnion](https://www.pymnts.com/tag/transunion/) , [What's Hot](https://www.pymnts.com/tag/whats-hot/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # How the NFL Is Leveling Up With AI for Game Day and Beyond How the NFL Is Leveling Up With AI for Game Day and Beyond ========================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/artificial-intelligence-2/2025/how-the-nfl-is-leveling-up-with-ai-for-game-day-and-beyond/&t=How+the+NFL+Is+Leveling+Up+With+AI+for+Game+Day+and+Beyond "Share on Facebook") [](https://twitter.com/share?text=How+the+NFL+Is+Leveling+Up+With+AI+for+Game+Day+and+Beyond%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/artificial-intelligence-2/2025/how-the-nfl-is-leveling-up-with-ai-for-game-day-and-beyond/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/artificial-intelligence-2/2025/how-the-nfl-is-leveling-up-with-ai-for-game-day-and-beyond/&title=How+the+NFL+Is+Leveling+Up+With+AI+for+Game+Day+and+Beyond&summary=&source= "Share on LinkedIn") [](mailto:?subject=How%20the%20NFL%20Is%20Leveling%20Up%20With%20AI%20for%20Game%20Day%20and%20Beyond&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/artificial-intelligence-2/2025/how-the-nfl-is-leveling-up-with-ai-for-game-day-and-beyond/)  |  ![](https://www.pymnts.com/wp-content/uploads/2025/08/NFL-and-AI-1.png?w=624) Highlights The NFL is upgrading its Sideline Viewing System with more than 2,500 Microsoft Copilot+ PCs, giving coaches and players real-time AI-powered play filtering and analysis. Copilot dashboards and Azure AI tools are expanding beyond the field, reshaping scouting, salary cap management and business operations across all 32 clubs. Unlike AWS’s behind-the-scenes role with Next Gen Stats, Microsoft’s AI is now directly in the hands of coaches and players during games. The National Football League has expanded its partnership with Microsoft to put new artificial intelligence (AI) tools in the hands of its 32 teams in time for the start of the 2025 football season on Sept. 4. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ The multiyear deal will equip all of the NFL’s teams with more than 2,500 Microsoft Surface Copilot+ PCs, upgrading existing sideline devices and giving players and coaches faster access to real-time game data and analysis tools, among other benefits. “We are entering a new era of innovation at the NFL through our collaboration with Microsoft to deploy AI across key areas of the business,” said NFL CIO Gary Brantley, in a [press release](https://www.prnewswire.com/news-releases/nfl-and-microsoft-expand-partnership-to-bring-copilot-to-the-sidelines-and-beyond-302534321.html) . “There are tremendous opportunities to elevate the game day experience for our clubs and deliver an even more compelling product to our fans.” For decades, football teams have relied on human analysts, photo printouts and video replays for analytics. In 2014, the NFL digitized this process by using Microsoft Surface tablets and its Sideline Viewing System (SVS), letting coaches and players review plays digitally instead of with binders of pictures. In the following years, AI has steadily crept into pro football, but mainly for back-office functions, such scouting and player evaluation, predictions of player performance, injury prevention, game scheduling and others. In 2017, the NFL partnered with AWS, mainly using its AI behind the scenes to track every player and ball using RFID chips and computer vision. AWS’ AI also powered graphics and advanced statistics breakdown fans see on broadcasts. AWS hosted historical play data as well. What’s new with the NFL-Microsoft agreement is that AI has now moved directly to the sidelines. Coaches and players are using AI-enhanced devices in real time during games, making it an active part of strategy execution rather than just preparation or broadcast analysis. “We used to do a lot of this work with paper on the sidelines,” NFL Deputy CIO [Aaron Amendolia](https://www.linkedin.com/in/aaron-amendolia-6a299a3/) said in a [blog post](https://news.microsoft.com/source/features/digital-transformation/the-nfl-and-microsoft-expand-their-partnership-and-introduce-sideline-technology-using-ai-innovation/) . “We had printers and a big infrastructure to support that. And then we digitized and moved to the Surface device and that was sort of the first step. And now AI and Copilot are going to be very impactful.”  Football is just one of many professional sports leagues adopting AI. These include Major League Baseball with [Statcast](https://cloud.google.com/customers/major-league-baseball?hl=en) (Google Cloud) to track pitch spin, velocity, player movements and more; the National Basketball Association for [evaluating](https://deconch30.medium.com/ai-is-shaping-the-future-of-professional-basketball-5293415813d2) , training and developing players; [U.S. Open](https://digiday.com/media/how-ibm-and-the-us-open-are-using-watson-create-more-ai-generated-tennis-content/) , [UFC](https://www.pymnts.com/artificial-intelligence-2/2025/ufc-taps-ai-to-enhance-live-mma-streaming-events/) and other sports leagues. **Read more**: [AI Takes the Field: How Artificial Intelligence Is Powering the Next Era of Sports](https://www.pymnts.com/news/artificial-intelligence/2025/ai-powers-sports-next-era/) Football Tech Has Come a Long Way --------------------------------- Under the agreement, Microsoft’s SVS is being upgraded with Copilot to let teams filter and analyze plays such as turnovers or penalties automatically, cutting down on manual video review. For example, teams can look at the defensive formation when it forced a turnover to gain insights into why a play turned out the way it did. But AI is not the one making decisions. Rather, it helps decision-makers get to the data quicker with less manual intervention, Amendolia [told](https://www.cnbc.com/2025/08/20/microsoft-nfl-ai-analysis.html) CNBC. Los Angeles Rams coach Sean McVay said each second counts during games. “The game’s not stopping. You have 40 seconds between each play or 25 seconds out of a clock stoppage. These decisions happen quickly,” he said in a [blog post](https://news.microsoft.com/source/features/digital-transformation/the-nfl-and-microsoft-expand-their-partnership-and-introduce-sideline-technology-using-ai-innovation/) . AI “will help you be able to make more consistent decisions that are in alignment with what you want to do … in a game that has so many moving parts.” McVay, one of the first coaches to adopt sideline tech, said Copilot can shorten film study and give players more recovery time. “If we can really be able to say that the amount of information we want to give to a player can be provided in a digestible manner in 30 minutes as opposed to an hour, well now, that’s 30 minutes he can spend maybe resting and recovering,” he said. Microsoft said the SVS devices connect to NFL-managed servers and can function in varied environments, from snow in Green Bay, Wisconsin, to overseas games. Microsoft has also provided charging carts with wired ethernet to keep systems running if stadium Wi-Fi fails. Off the field, Copilot is reshaping scouting and analytics. Team analysts will use a new Excel-based dashboard powered by Copilot to automate charting tasks such as snap counts and player usage. At the 2025 NFL Combine in May, coaches and scouts used Microsoft Azure AI to evaluate more than 300 draft prospects. Clubs are also expected to deploy AI for scouting, salary cap management and business functions. For McVay, the rapid shift underscores how technology is becoming inseparable from football. “When I look at when I started coaching back in 2008 to where it is now, it’s amazing to me,” he said. “When you look at the accelerated pace at which this is coming into our game and what a prominent part of our game it’s become, it’s important to embrace it. Because you’ll be behind if you don’t.” **Read more**: [Nice Spread: AI Is Coming for the Guac This Super Bowl Sunday](https://www.pymnts.com/artificial-intelligence-2/2025/nice-spread-ai-is-coming-for-the-guac-this-super-bowl-sunday/) [Manchester City and OKX Launch ‘Unseen City’ Digital Escape Room Merging AI and Web3](https://www.pymnts.com/technology/2024/manchester-city-and-okx-launch-unseen-city-digital-escape-room-merging-ai-and-web3/) [From AI to Esports: Digital Evolution Goes for Gold at Paris Olympics](https://www.pymnts.com/news/2024/from-ai-to-esports-2024-paris-olympics-sees-digital-evolution/) _Photo: PYMNTS screenshot of Microsoft [blog post](https://news.microsoft.com/source/features/digital-transformation/the-nfl-and-microsoft-expand-their-partnership-and-introduce-sideline-technology-using-ai-innovation/) image._ #### Recommended [![](https://www.pymnts.com/wp-content/uploads/2025/08/NFL-and-AI-1.png?w=258)\ \ How the NFL Is Leveling Up With AI for Game Day and Beyond](https://www.pymnts.com/artificial-intelligence-2/2025/how-the-nfl-is-leveling-up-with-ai-for-game-day-and-beyond/ "How the NFL Is Leveling Up With AI for Game Day and Beyond") [![](https://www.pymnts.com/wp-content/uploads/2024/07/Revolut-1.jpg?w=258)\ \ Revolut Considers Hiring Advisers on US Banking Acquisition](https://www.pymnts.com/news/banking/2025/revolut-considers-hiring-advisers-on-us-banking-acquisition/ "Revolut Considers Hiring Advisers on US Banking Acquisition") [![](https://www.pymnts.com/wp-content/uploads/2025/08/unified-commerce-with-overlay.jpg?w=258)\ \ Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [![](https://www.pymnts.com/wp-content/uploads/2025/08/Worldpay-Trulio-Virtual-Roundtable-1.png?w=258)\ \ Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") See More In: [AI](https://www.pymnts.com/tag/ai/) , [Copilot](https://www.pymnts.com/tag/copilot/) , [Microsoft](https://www.pymnts.com/tag/microsoft/) , [Microsoft Surface Copilot+](https://www.pymnts.com/tag/microsoft-surface-copilot/) , [News](https://www.pymnts.com/tag/news/) , [NFL](https://www.pymnts.com/tag/nfl/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes 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Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. [Learn More](https://www.pymnts.com/partnerships/) --- # Aurelian Raises $14M for AI That Fields Non-Emergency 911 Calls Aurelian Raises $14 Million for AI That Fields Non-Emergency 911 Calls ====================================================================== By [PYMNTS](https://www.pymnts.com/author/pymnts/ "Posts by PYMNTS")  |  August 28, 2025 [](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/news/artificial-intelligence/2025/aurelian-raises-14-million-dollars-ai-that-fields-non-emergency-911-calls/&t=Aurelian+Raises+%2414+Million+for+AI+That+Fields+Non-Emergency+911+Calls "Share on Facebook") [](https://twitter.com/share?text=Aurelian+Raises+%2414+Million+for+AI+That+Fields+Non-Emergency+911+Calls%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/news/artificial-intelligence/2025/aurelian-raises-14-million-dollars-ai-that-fields-non-emergency-911-calls/ "Tweet This Post") [](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/news/artificial-intelligence/2025/aurelian-raises-14-million-dollars-ai-that-fields-non-emergency-911-calls/&title=Aurelian+Raises+%2414+Million+for+AI+That+Fields+Non-Emergency+911+Calls&summary=&source= "Share on LinkedIn") [](mailto:?subject=Aurelian%20Raises%20$14%20Million%20for%20AI%20That%20Fields%20Non-Emergency%20911%20Calls&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/news/artificial-intelligence/2025/aurelian-raises-14-million-dollars-ai-that-fields-non-emergency-911-calls/)  |  ![Aurelian](https://www.pymnts.com/wp-content/uploads/2025/08/Aurelian.jpg?w=768) [Aurelian](https://www.aurelian.com/) began life as a company that automated hair salon appointment bookings. 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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our [Privacy Policy](https://pymnts-com-develop.go-vip.net/privacy-policy/) and [Terms and Conditions](https://pymnts-com-develop.go-vip.net/terms-conditions/) . Δ Now, its mission is to use artificial intelligence to handle non-emergency calls for 911 centers. Aurelian raised $14 million in a Series A funding round to help more emergency communications centers (ECCs) in the United States, according to a Wednesday (Aug. 27) [press release](https://www.aurelian.com/blog/series-a) . Aurelian CEO and co-founder [Max Keenan](https://www.linkedin.com/in/max-keenan-4a577a137) said in the release that understaffing and increased responsibilities “have made ECCs overextended and overworked.” “At Aurelian, our sole purpose is to help them best serve their communities,” Keenan said in the release. “911 call-takers are trained to handle emergencies, not parking complaints. Aurelian reduces burnout and helps telecommunicators stay focused on the most critical situations.” Launched in 2024, Aurelian’s system serves nearly 5 million Americans, automating an average of nearly three-quarters of non-emergency calls for customers, handling things like noise complaints and parking violations without having to involve human dispatchers, according to the release. This saves each dispatcher three hours a day on average. Dispatcher jobs have some of the highest turnover rates in the country, TechCrunch [reported](https://techcrunch.com/2025/08/27/911-centers-are-so-understaffed-theyre-turning-to-ai-to-answer-calls/) Wednesday. These workers are often asked to put in overtime, with 12- or 16-hour workdays common in some places. “The reason why we’re most focused on 911 is because it’s the industry that has this pain point most acutely,” Keenan said, per the report. “We think that these telecommunicators should have a chance of taking a break or go to the bathroom.” Meanwhile, many companies are employing AI to take on customer service roles. For example, [Airbnb](https://www.airbnb.com/) said in May that half its users were turning to its [AI bot](https://www.pymnts.com/artificial-intelligence-2/2025/airbnb-50-of-users-turn-to-ai-bot-for-customer-service/) to handle customer service issues. [Salesforce](https://www.salesforce.com/) CEO [Marc Benioff](https://www.linkedin.com/in/marcbenioff) said in June that [AI](https://www.pymnts.com/news/artificial-intelligence/2025/salesforce-says-ai-is-doing-30percent-coding-customer-service/) was handling 30% to 50% of his company’s engineering, coding, support and service work. “All of us have to get our head around this idea that AI can do things that before, we were doing, and we can move on to do higher-value work,” Benioff said. The “digital labor revolution” led by AI tools will add up to $3 trillion to $12 trillion of digital labor, including AI agents and robots, he said. _For all PYMNTS AI coverage, subscribe to the daily_ [_AI Newsletter_](https://pymnts.com/subscribe/) _._ #### Recommended [![Attio](https://www.pymnts.com/wp-content/uploads/2025/08/Attio.png?w=258)\ \ Google Ventures-Backed Attio Raises $52 Million for AI-Native CRM Platform](https://www.pymnts.com/news/investment-tracker/2025/google-ventures-backed-attio-raises-52-million-dollars-ai-native-crm-platform/ "Google Ventures-Backed Attio Raises $52 Million for AI-Native CRM Platform") [![](https://www.pymnts.com/wp-content/uploads/2024/10/GDP-economy.jpg?w=258)\ \ Consumer Spending Helps Lift Q2 GDP Past Initial Estimates](https://www.pymnts.com/consumer-insights/2025/consumer-spending-helps-lift-q2-gdp-past-initial-estimates/ "Consumer Spending Helps Lift Q2 GDP Past Initial Estimates") [![Grubhub](https://www.pymnts.com/wp-content/uploads/2022/07/Grubhub.jpg)\ \ Grubhub to Settle Class Action Lawsuit Alleging False Advertising](https://www.pymnts.com/legal/2025/grubhub-to-settle-class-action-lawsuit-alleging-false-advertising/ "Grubhub to Settle Class Action Lawsuit Alleging False Advertising") [![](https://www.pymnts.com/wp-content/uploads/2023/03/Dollar-General-earnings.jpg)\ \ Dollar General Bets Big on Stores With Nearly 4,900 Projects in 2025](https://www.pymnts.com/earnings/2025/dollar-general-bets-big-stores-with-nearly-4900-projects/ "Dollar General Bets Big on Stores With Nearly 4,900 Projects in 2025") See More In: [artificial intelligence](https://www.pymnts.com/tag/artificial-intelligence/) , [Aurelian](https://www.pymnts.com/tag/aurelian/) , [chatbots](https://www.pymnts.com/tag/chatbots/) , [funding](https://www.pymnts.com/tag/funding/) , [Investments](https://www.pymnts.com/tag/investments/) , [News](https://www.pymnts.com/tag/news/) , [PYMNTS News](https://www.pymnts.com/tag/pymnts-news/) , [What's Hot](https://www.pymnts.com/tag/whats-hot/) #### Trending News [Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks](https://www.pymnts.com/earnings/2025/burlington-reports-extraordinarily-strong-results-while-warning-of-macroeconomic-risks/ "Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks") [Best Buy Sees Slight Sales Increase as Tariff Woes Persist](https://www.pymnts.com/earnings/2025/best-buy-sees-slight-sales-increase-as-tariff-woes-persist/ "Best Buy Sees Slight Sales Increase as Tariff Woes Persist") [Chainlink Partners Commerce Department to Bring Data to Blockchain](https://www.pymnts.com/blockchain/2025/chainlink-partners-commerce-department-to-bring-data-to-blockchain/ "Chainlink Partners Commerce Department to Bring Data to Blockchain") #### The Big Story [10 Years Later, Platforms Still Define the Connected Economy](https://www.pymnts.com/connectedeconomy/2025/10-years-later-platforms-still-define-the-connected-economy/ "10 Years Later, Platforms Still Define the Connected Economy") #### Featured News [Visa Says Unified Commerce Lets Small Shops Play Big](https://www.pymnts.com/smbs/2025/visa-says-unified-commerce-lets-small-shops-play-big/ "Visa Says Unified Commerce Lets Small Shops Play Big") [Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce](https://www.pymnts.com/news/ecommerce/2025/agentic-ai-needs-strong-verification-to-unlock-safe-scalable-commerce/ "Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce") [Lenders Fight Fraud and Find Borrowers With Alternative Data](https://www.pymnts.com/loans/2025/lenders-fight-fraud-and-find-borrowers-with-alternative-data/ "Lenders Fight Fraud and Find Borrowers With Alternative Data") [Consumers Push Banks to Double Down on Real-Time Rails](https://www.pymnts.com/real-time-payments/2025/consumers-push-banks-to-double-down-on-real-time-rails/ "Consumers Push Banks to Double Down on Real-Time Rails") [Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits](https://www.pymnts.com/digital-payments/2025/why-41percent-consumers-have-basic-tech-while-10percent-push-limits/ "Why 41% of Consumers Stick to Basic Tech While 10% Push the Limits") [Nvidia CEO Huang Bets Full Stack Beats Open Source](https://www.pymnts.com/earnings/2025/nvidia-ceo-huang-bets-full-stack-beats-open-source/ "Nvidia CEO Huang Bets Full Stack Beats Open Source") [The Data Divide in Card Issuing](https://www.pymnts.com/credit-cards/2025/the-data-divide-in-card-issuing/ "The Data Divide in Card Issuing") #### Subscribe **PYMNTS Today** **Artificial Intelligence** **B2B** **Digital Transformation** SUBSCRIBELoading... #### Partner with PYMNTS We’re always on the lookout for opportunities to partner with innovators and disruptors. 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