Newswire SummariesSAN FRANCISCO, Jan. 16, 2025 /PRNewswire/ -- Chargebee, a leading subscription management platform, announced that its Retention solution now helps businesses meet the FTC's stringent new Click-to-Cancel requirements. The Federal Trade Commission's final update to its Negative Option Rule marks a watershed moment for consumer rights in subscription commerce. Chargebee Retention empowers businesses to transform these regulatory requirements into opportunities for increased customer trust and oper...
Transact + CBORD and USEFULL Join Forces to Boost Campus Sustainability Through Premier Partnership January 16, 2025 12:09 PM Eastern Standard Time SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Transact Campus (Transact) and CBORD, leaders in innovative campus technology and payment solutions, today announced an expanded partnership with USEFULL, advancing sustainable campus takeout dining. This enhanced collaboration establishes USEFULL as the premier provider of sustainable takeout solutions throu...
BROOMFIELD, Colo. and LONDON - (JAN 16, 2025) - Recurly, a leader in the subscription management and billing platform, today released its ninth annual State of Subscriptions report. The report analyzes data from millions of consumers providing deep insight into the massive subscription economy’s evolution. This report offers strategies and one-of-a-kind solutions for merchants to overcome the industry’s ever-evolving nature and subscription challenges to drive growth. In a year when sub...
Philadelphia, Jan. 16, 2025—Manufacturing activity in the region increased overall, according to the firms responding to the January Manufacturing Business Outlook Survey. The diffusion index for current general activity jumped from a revised reading of -10.9 in December to 44.3 in January, its highest reading since April 2021. The indicators for new orders and shipments also rose sharply. On balance, the firms continued to indicate overall increases in prices, and both price indexes rose abov...
New York, NY - January 16, 2025 – Fenergo, the leading provider of AI-powered solutions for Know Your Customer (KYC), Anti-money Laundering (AML), transaction monitoring and Client Lifecycle Management (CLM), has released today its annual analysis of global financial institution enforcement actions from January 1, 2024, to December 31, 2024. Fenergo’s report reveals critical insights into the regulatory landscape. Nearly 50 fines were issued by U.S. regulators in 2024, with North Americ...
Expert Warns: Smart Connected Devices Must Comply With The EU’s New Cyber Resilience Act "In future, smart-connected devices must comply with the new EU Cyber Resilience Act. Otherwise, it will be illegal to sell them in the European Union. Manufacturers face fines of up to 15 million euros or 2.5 per cent of their annual global turnover," reminds Jan Wendenburg, CEO of the German cyber security specialist ONEKEY. Thousands of companies outside Europe in Asia and America are also affec...
Amsterdam, Netherlands | 16th January 2025 - Recharge, the European leader in online prepaid payments, today announced it has secured a £38 million facility with ABN AMRO to fuel its ambitious M&A strategy. This funding will enable the company to drive consolidation across markets, open new segments and overall strengthen its leadership position in the prepaid payments industry. The £38 million facility is part of a broader strategy to leverage strategic acquisitions as a growth driver. C...
London, 16th January, 2025 - PayRetailers, a leading payment processor for Latin America and Africa with plans to expand into Europe, today announced the appointment of Natalie McGowan as the new VP of Acquiring and EU Payment Partners. With over two decades of experience in the payments industry, Natalie brings a wealth of expertise in payment networks and international growth strategies. Her career has spanned both B2B and B2C sectors, where she has built strong relationships with merchan...
AUSTIN, TX, November 12, 2024 - Clarity Ventures, a leader in enterprise payment solutions, today announced a groundbreaking enhancement to its Payment Hub platform that revolutionizes how merchants handle refunds while protecting their profit margins and improving customer satisfaction. The new credit system feature addresses a critical pain point in merchant services: the double impact of transaction fees on refunds and the loss of revenue from traditional refund processes. Instea...
MONTREAL, Jan. 14, 2025 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD) ("Lightspeed"), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, introduces a new game-changing feature for retailers designed to eliminate the frustration of long lines and interrupted shopping experiences by enabling sales associates to complete purchases where the customer is. Selling on Lightspeed Scanner – available on iPhone, is the latest Lightspeed in...
Chargebee facilitates compliance with FTC Click-to-Cancel rule
Transact, CBORD, USEFULL to boost campus sustainability
Recurly: Retention the top 2025 subscription industry trend
Manufacturing indicators rise sharply in January
Penalties in North America were 95% of all 2024 financial penalties
Smart connected devices must comply with new EU regs
Recharge, ABN AMRO partner with £38M to boost M&A
PayRetailers appoints Natalie McGowan as VP of Acquiring
